Rothschild Investment LLC Has $113,000 Position in International Flavors & Fragrances Inc. (NYSE:IFF)

Rothschild Investment LLC reduced its holdings in shares of International Flavors & Fragrances Inc. (NYSE:IFF) by 11.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,338 shares of the specialty chemicals company’s stock after selling 166 shares during the period. Rothschild Investment LLC’s holdings in International Flavors & Fragrances were worth $113,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of International Flavors & Fragrances by 1.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 615,006 shares of the specialty chemicals company’s stock valued at $64,533,000 after acquiring an additional 7,553 shares in the last quarter. Compagnie Lombard Odier SCmA lifted its holdings in International Flavors & Fragrances by 11.1% during the 4th quarter. Compagnie Lombard Odier SCmA now owns 114,179 shares of the specialty chemicals company’s stock valued at $9,654,000 after purchasing an additional 11,406 shares during the last quarter. Choreo LLC lifted its holdings in International Flavors & Fragrances by 55.7% during the 4th quarter. Choreo LLC now owns 24,401 shares of the specialty chemicals company’s stock valued at $2,055,000 after purchasing an additional 8,728 shares during the last quarter. Covea Finance lifted its holdings in International Flavors & Fragrances by 79.0% during the 4th quarter. Covea Finance now owns 123,090 shares of the specialty chemicals company’s stock valued at $10,407,000 after purchasing an additional 54,340 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC bought a new position in International Flavors & Fragrances during the 4th quarter valued at about $7,508,000. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

IFF has been the subject of several analyst reports. Wells Fargo & Company cut their price target on shares of International Flavors & Fragrances from $115.00 to $105.00 and set an “overweight” rating for the company in a report on Thursday, February 20th. Stifel Nicolaus dropped their target price on shares of International Flavors & Fragrances from $113.00 to $105.00 and set a “buy” rating for the company in a research note on Monday, February 3rd. Vertical Research raised shares of International Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $109.00 target price for the company in a research note on Thursday, November 7th. Bank of America dropped their target price on shares of International Flavors & Fragrances from $105.00 to $101.00 and set a “buy” rating for the company in a research note on Thursday, February 20th. Finally, JPMorgan Chase & Co. dropped their target price on shares of International Flavors & Fragrances from $107.00 to $104.00 and set an “overweight” rating for the company in a research note on Thursday, February 20th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $103.50.

International Flavors & Fragrances Stock Up 0.9 %

Shares of NYSE IFF opened at $80.30 on Wednesday. The stock has a market cap of $20.53 billion, a P/E ratio of 85.43, a P/E/G ratio of 1.45 and a beta of 1.19. The firm has a 50 day moving average price of $84.43 and a 200 day moving average price of $93.20. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.93 and a current ratio of 1.84. International Flavors & Fragrances Inc. has a 52-week low of $72.94 and a 52-week high of $106.77.

International Flavors & Fragrances (NYSE:IFF) last issued its quarterly earnings data on Tuesday, February 18th. The specialty chemicals company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.14. The firm had revenue of $2.77 billion during the quarter, compared to analysts’ expectations of $2.67 billion. International Flavors & Fragrances had a net margin of 2.12% and a return on equity of 7.72%. Analysts expect that International Flavors & Fragrances Inc. will post 4.32 EPS for the current year.

International Flavors & Fragrances Profile

International Flavors & Fragrances, Inc engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B’s Food & Beverage division and the food protection business of N&B’s Health & Biosciences division.