Roberts Glore & Co. Inc. IL Increases Holdings in Internationa Flavors & Fragrances, Inc. (IFF)

Roberts Glore & Co. Inc. IL raised its holdings in shares of Internationa Flavors & Fragrances, Inc. (NYSE:IFF) by 43.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,480 shares of the specialty chemicals company’s stock after purchasing an additional 750 shares during the quarter. Roberts Glore & Co. Inc. IL’s holdings in Internationa Flavors & Fragrances were worth $335,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. YorkBridge Wealth Partners LLC lifted its holdings in shares of Internationa Flavors & Fragrances by 5.7% during the second quarter. YorkBridge Wealth Partners LLC now owns 764 shares of the specialty chemicals company’s stock worth $103,000 after buying an additional 41 shares in the last quarter. Cornerstone Advisors Inc. lifted its holdings in shares of Internationa Flavors & Fragrances by 30.2% during the second quarter. Cornerstone Advisors Inc. now owns 1,056 shares of the specialty chemicals company’s stock worth $143,000 after buying an additional 245 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in shares of Internationa Flavors & Fragrances by 0.5% during the second quarter. D.A. Davidson & CO. now owns 1,073 shares of the specialty chemicals company’s stock worth $144,000 after buying an additional 5 shares in the last quarter. Van ECK Associates Corp lifted its holdings in shares of Internationa Flavors & Fragrances by 7.2% during the first quarter. Van ECK Associates Corp now owns 1,167 shares of the specialty chemicals company’s stock worth $155,000 after buying an additional 78 shares in the last quarter. Finally, Commonwealth Bank of Australia lifted its holdings in shares of Internationa Flavors & Fragrances by 6.3% during the second quarter. Commonwealth Bank of Australia now owns 1,276 shares of the specialty chemicals company’s stock worth $171,000 after buying an additional 76 shares in the last quarter. 82.18% of the stock is owned by institutional investors and hedge funds.

Internationa Flavors & Fragrances, Inc. (NYSE IFF) traded up 1.021% on Tuesday, reaching $147.875. The company had a trading volume of 69,343 shares. The stock has a market capitalization of $11.68 billion, a P/E ratio of 29.838 and a beta of 1.11. The stock’s 50-day moving average price is $141.46 and its 200-day moving average price is $136.64. Internationa Flavors & Fragrances, Inc. has a 12-month low of $113.16 and a 12-month high of $147.90.

Internationa Flavors & Fragrances (NYSE:IFF) last issued its quarterly earnings data on Tuesday, August 8th. The specialty chemicals company reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.45 by $0.05. The business had revenue of $842.86 million for the quarter, compared to analysts’ expectations of $845.89 million. Internationa Flavors & Fragrances had a return on equity of 26.83% and a net margin of 12.31%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.47 EPS. On average, equities research analysts anticipate that Internationa Flavors & Fragrances, Inc. will post $5.78 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 6th. Investors of record on Monday, September 25th were issued a dividend of $0.69 per share. This is a boost from Internationa Flavors & Fragrances’s previous quarterly dividend of $0.64. The ex-dividend date of this dividend was Friday, September 22nd. This represents a $2.76 dividend on an annualized basis and a yield of 1.89%. Internationa Flavors & Fragrances’s dividend payout ratio is 55.76%.

A number of research analysts recently commented on the company. Stifel Nicolaus reaffirmed a “hold” rating and issued a $136.00 price target on shares of Internationa Flavors & Fragrances in a research note on Friday, July 21st. Zacks Investment Research raised Internationa Flavors & Fragrances from a “sell” rating to a “hold” rating in a research note on Friday, July 14th. BidaskClub downgraded Internationa Flavors & Fragrances from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Barclays PLC reaffirmed a “sell” rating and issued a $123.00 price target on shares of Internationa Flavors & Fragrances in a research note on Friday, August 11th. Finally, Deutsche Bank AG reaffirmed a “hold” rating and issued a $139.00 price target (up previously from $135.00) on shares of Internationa Flavors & Fragrances in a research note on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and two have issued a buy rating to the stock. Internationa Flavors & Fragrances currently has a consensus rating of “Hold” and a consensus price target of $134.35.

COPYRIGHT VIOLATION WARNING: “Roberts Glore & Co. Inc. IL Increases Holdings in Internationa Flavors & Fragrances, Inc. (IFF)” was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this report on another site, it was illegally stolen and republished in violation of US and international copyright & trademark laws. The legal version of this report can be viewed at https://ledgergazette.com/2017/10/10/roberts-glore-co-inc-il-increases-holdings-in-internationa-flavors-fragrances-inc-iff.html.

In other Internationa Flavors & Fragrances news, EVP Francisco Fortanet sold 300 shares of the firm’s stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $134.36, for a total value of $40,308.00. Following the sale, the executive vice president now owns 19,994 shares of the company’s stock, valued at approximately $2,686,393.84. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Nicolas Mirzayantz sold 1,232 shares of the firm’s stock in a transaction dated Friday, September 15th. The shares were sold at an a

A number of other institutional investors have also made changes to their positions in the business. YorkBridge Wealth Partners LLC lifted its holdings in shares of Internationa Flavors & Fragrances by 5.7% during the second quarter. YorkBridge Wealth Partners LLC now owns 764 shares of the specialty chemicals company’s stock worth $103,000 after buying an additional 41 shares in the last quarter. Cornerstone Advisors Inc. lifted its holdings in shares of Internationa Flavors & Fragrances by 30.2% during the second quarter. Cornerstone Advisors Inc. now owns 1,056 shares of the specialty chemicals company’s stock worth $143,000 after buying an additional 245 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in shares of Internationa Flavors & Fragrances by 0.5% during the second quarter. D.A. Davidson & CO. now owns 1,073 shares of the specialty chemicals company’s stock worth $144,000 after buying an additional 5 shares in the last quarter. Van ECK Associates Corp lifted its holdings in shares of Internationa Flavors & Fragrances by 7.2% during the first quarter. Van ECK Associates Corp now owns 1,167 shares of the specialty chemicals company’s stock worth $155,000 after buying an additional 78 shares in the last quarter. Finally, Commonwealth Bank of Australia lifted its holdings in shares of Internationa Flavors & Fragrances by 6.3% during the second quarter. Commonwealth Bank of Australia now owns 1,276 shares of the specialty chemicals company’s stock worth $171,000 after buying an additional 76 shares in the last quarter. 82.18% of the stock is owned by institutional investors and hedge funds.

Internationa Flavors & Fragrances, Inc. (NYSE IFF) traded up 1.021% on Tuesday, reaching $147.875. The company had a trading volume of 69,343 shares. The stock has a market capitalization of $11.68 billion, a P/E ratio of 29.838 and a beta of 1.11. The stock’s 50-day moving average price is $141.46 and its 200-day moving average price is $136.64. Internationa Flavors & Fragrances, Inc. has a 12-month low of $113.16 and a 12-month high of $147.90.

Internationa Flavors & Fragrances (NYSE:IFF) last issued its quarterly earnings data on Tuesday, August 8th. The specialty chemicals company reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.45 by $0.05. The business had revenue of $842.86 million for the quarter, compared to analysts’ expectations of $845.89 million. Internationa Flavors & Fragrances had a return on equity of 26.83% and a net margin of 12.31%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.47 EPS. On average, equities research analysts anticipate that Internationa Flavors & Fragrances, Inc. will post $5.78 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 6th. Investors of record on Monday, September 25th were issued a dividend of $0.69 per share. This is a boost from Internationa Flavors & Fragrances’s previous quarterly dividend of $0.64. The ex-dividend date of this dividend was Friday, September 22nd. This represents a $2.76 dividend on an annualized basis and a yield of 1.89%. Internationa Flavors & Fragrances’s dividend payout ratio is 55.76%.

A number of research analysts recently commented on the company. Stifel Nicolaus reaffirmed a “hold” rating and issued a $136.00 price target on shares of Internationa Flavors & Fragrances in a research note on Friday, July 21st. Zacks Investment Research raised Internationa Flavors & Fragrances from a “sell” rating to a “hold” rating in a research note on Friday, July 14th. BidaskClub downgraded Internationa Flavors & Fragrances from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Barclays PLC reaffirmed a “sell” rating and issued a $123.00 price target on shares of Internationa Flavors & Fragrances in a research note on Friday, August 11th. Finally, Deutsche Bank AG reaffirmed a “hold” rating and issued a $139.00 price target (up previously from $135.00) on shares of Internationa Flavors & Fragrances in a research note on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and two have issued a buy rating to the stock. Internationa Flavors & Fragrances currently has a consensus rating of “Hold” and a consensus price target of $134.35.

COPYRIGHT VIOLATION WARNING: “Roberts Glore & Co. Inc. IL Increases Holdings in Internationa Flavors & Fragrances, Inc. (IFF)” was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this report on another site, it was illegally stolen and republished in violation of US and international copyright & trademark laws. The legal version of this report can be viewed at https://ledgergazette.com/2017/10/10/roberts-glore-co-inc-il-increases-holdings-in-internationa-flavors-fragrances-inc-iff.html.

In other Internationa Flavors & Fragrances news, EVP Francisco Fortanet sold 300 shares of the firm’s stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $134.36, for a total value of $40,308.00. Following the sale, the executive vice president now owns 19,994 shares of the company’s stock, valued at approximately $2,686,393.84. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Nicolas Mirzayantz sold 1,232 shares of the firm’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $143.56, for a total value of $176,865.92. Following the completion of the sale, the insider now directly owns 43,809 shares in the company, valued at approximately $6,289,220.04. The disclosure for this sale can be found here. In the last three months, insiders have purchased 1,149,400 shares of company stock worth $154,143,873 and have sold 6,998 shares worth $962,952. Corporate insiders own 0.48% of the company’s stock.

Internationa Flavors & Fragrances Company Profile

International Flavors & Fragrances Inc creates, manufactures and supplies flavors and fragrances (including cosmetic active ingredients) used to impart or improve flavor or fragrance in a range of consumer products. The Company operates in two segments: Flavors and Fragrances. The Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food and sweet products.

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

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