International Flavors & Fragrances Inc (IFF) Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lifted its position in International Flavors & Fragrances Inc (NYSE:IFF) by 27.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 266,567 shares of the specialty chemicals company’s stock after acquiring an additional 56,606 shares during the period. Robeco Institutional Asset Management B.V. owned 0.25% of International Flavors & Fragrances worth $37,086,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. IFP Advisors Inc lifted its position in International Flavors & Fragrances by 40.0% during the third quarter. IFP Advisors Inc now owns 1,399 shares of the specialty chemicals company’s stock worth $195,000 after buying an additional 400 shares in the last quarter. GHP Investment Advisors Inc. lifted its position in International Flavors & Fragrances by 3.9% during the second quarter. GHP Investment Advisors Inc. now owns 11,203 shares of the specialty chemicals company’s stock worth $1,389,000 after buying an additional 422 shares in the last quarter. Riverhead Capital Management LLC lifted its position in International Flavors & Fragrances by 11.7% during the second quarter. Riverhead Capital Management LLC now owns 4,306 shares of the specialty chemicals company’s stock worth $534,000 after buying an additional 450 shares in the last quarter. WINTON GROUP Ltd lifted its position in International Flavors & Fragrances by 14.8% during the first quarter. WINTON GROUP Ltd now owns 3,501 shares of the specialty chemicals company’s stock worth $479,000 after buying an additional 451 shares in the last quarter. Finally, Creative Planning lifted its position in International Flavors & Fragrances by 7.6% during the second quarter. Creative Planning now owns 6,499 shares of the specialty chemicals company’s stock worth $806,000 after buying an additional 457 shares in the last quarter. 63.46% of the stock is currently owned by hedge funds and other institutional investors.

In other International Flavors & Fragrances news, major shareholder Winder Investment Pte Ltd bought 70,000 shares of International Flavors & Fragrances stock in a transaction on Wednesday, October 24th. The shares were bought at an average price of $138.32 per share, for a total transaction of $9,682,400.00. Following the completion of the transaction, the insider now directly owns 18,358,359 shares of the company’s stock, valued at $2,539,328,216.88. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Francisco Fortanet sold 1,389 shares of International Flavors & Fragrances stock in a transaction on Thursday, September 20th. The shares were sold at an average price of $140.00, for a total value of $194,460.00. Following the completion of the sale, the executive vice president now owns 16,193 shares in the company, valued at approximately $2,267,020. The disclosure for this sale can be found here. Insiders acquired 905,500 shares of company stock worth $122,589,970 in the last 90 days. Company insiders own 0.48% of the company’s stock.



NYSE:IFF opened at $140.13 on Friday. International Flavors & Fragrances Inc has a 52 week low of $122.11 and a 52 week high of $157.40. The company has a current ratio of 2.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.98. The firm has a market capitalization of $14.95 billion, a price-to-earnings ratio of 23.79, a price-to-earnings-growth ratio of 2.57 and a beta of 1.02.

International Flavors & Fragrances (NYSE:IFF) last posted its earnings results on Tuesday, August 7th. The specialty chemicals company reported $1.66 EPS for the quarter, beating the Zacks’ consensus estimate of $1.61 by $0.05. International Flavors & Fragrances had a return on equity of 28.32% and a net margin of 8.35%. The company had revenue of $920.02 million for the quarter, compared to the consensus estimate of $899.62 million. During the same quarter in the previous year, the business earned $1.50 earnings per share. On average, research analysts predict that International Flavors & Fragrances Inc will post 6.07 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, October 5th. Shareholders of record on Monday, September 24th were given a $0.73 dividend. The ex-dividend date was Friday, September 21st. This represents a $2.92 dividend on an annualized basis and a yield of 2.08%. This is an increase from International Flavors & Fragrances’s previous quarterly dividend of $0.69. International Flavors & Fragrances’s payout ratio is currently 49.58%.

A number of equities analysts recently commented on the company. Zacks Investment Research upgraded International Flavors & Fragrances from a “sell” rating to a “hold” rating in a research report on Monday, August 13th. ValuEngine upgraded International Flavors & Fragrances from a “sell” rating to a “hold” rating in a research report on Thursday, July 26th. Stifel Nicolaus reiterated a “hold” rating and set a $139.00 price objective (up previously from $135.00) on shares of International Flavors & Fragrances in a research report on Thursday, August 9th. Finally, Deutsche Bank upgraded International Flavors & Fragrances from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $126.00 to $154.00 in a research report on Tuesday, October 16th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $149.33.

International Flavors & Fragrances Profile

International Flavors & Fragrances Inc, together with its subsidiaries, manufactures flavors and fragrances for use in various consumer products. It operates through two segments, Flavors and Fragrances. The Flavors segment offers flavor compounds primarily to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food, and sweet products.

See Also: Closed-End Mutual Funds

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Institutional Ownership by Quarter for International Flavors & Fragrances (NYSE:IFF)

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