Robeco Schweiz AG Sells 14,733 Shares of International Flavors & Fragrances Inc. (NYSE:IFF)

Robeco Schweiz AG decreased its position in shares of International Flavors & Fragrances Inc. (NYSE:IFF) by 14.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 84,309 shares of the specialty chemicals company’s stock after selling 14,733 shares during the period. Robeco Schweiz AG’s holdings in International Flavors & Fragrances were worth $7,128,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of IFF. Bank of New York Mellon Corp increased its position in International Flavors & Fragrances by 0.9% during the fourth quarter. Bank of New York Mellon Corp now owns 1,879,317 shares of the specialty chemicals company’s stock worth $158,896,000 after acquiring an additional 17,372 shares during the period. Eubel Brady & Suttman Asset Management Inc. increased its holdings in shares of International Flavors & Fragrances by 14.5% during the fourth quarter. Eubel Brady & Suttman Asset Management Inc. now owns 357,326 shares of the specialty chemicals company’s stock worth $30,212,000 after purchasing an additional 45,222 shares during the period. Crumly & Associates Inc. increased its holdings in shares of International Flavors & Fragrances by 4.3% during the fourth quarter. Crumly & Associates Inc. now owns 4,590 shares of the specialty chemicals company’s stock worth $388,000 after purchasing an additional 191 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of International Flavors & Fragrances in the fourth quarter valued at approximately $9,271,000. Finally, Venturi Wealth Management LLC grew its position in International Flavors & Fragrances by 74.8% during the fourth quarter. Venturi Wealth Management LLC now owns 1,729 shares of the specialty chemicals company’s stock worth $146,000 after buying an additional 740 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Analyst Ratings Changes

IFF has been the topic of a number of recent analyst reports. Argus upgraded International Flavors & Fragrances from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. Citigroup decreased their target price on shares of International Flavors & Fragrances from $110.00 to $105.00 and set a “buy” rating on the stock in a report on Wednesday, December 18th. Cfra lowered shares of International Flavors & Fragrances from a “buy” rating to a “sell” rating and set a $77.00 price target on the stock. in a research report on Thursday, February 20th. JPMorgan Chase & Co. decreased their price objective on shares of International Flavors & Fragrances from $107.00 to $104.00 and set an “overweight” rating on the stock in a research note on Thursday, February 20th. Finally, Morgan Stanley upgraded International Flavors & Fragrances from an “equal weight” rating to an “overweight” rating and cut their target price for the stock from $111.00 to $110.00 in a research note on Tuesday, November 12th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat, International Flavors & Fragrances presently has an average rating of “Moderate Buy” and an average target price of $103.50.

International Flavors & Fragrances Price Performance

International Flavors & Fragrances stock opened at $80.56 on Thursday. The stock has a 50-day moving average price of $84.33 and a two-hundred day moving average price of $93.11. International Flavors & Fragrances Inc. has a 12 month low of $72.94 and a 12 month high of $106.77. The company has a market capitalization of $20.60 billion, a PE ratio of 85.70, a P/E/G ratio of 1.45 and a beta of 1.19. The company has a current ratio of 1.84, a quick ratio of 1.93 and a debt-to-equity ratio of 0.54.

International Flavors & Fragrances (NYSE:IFF) last released its earnings results on Tuesday, February 18th. The specialty chemicals company reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.14. The business had revenue of $2.77 billion during the quarter, compared to the consensus estimate 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.

About International Flavors & Fragrances

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.