Aperio Group LLC raised its stake in International Flavors & Fragrances Inc. (NYSE:IFF) by 4.6% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 32,459 shares of the company’s stock after buying an additional 1,433 shares during the period. Aperio Group LLC’s holdings in International Flavors & Fragrances were worth $4,641,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Squarepoint Ops LLC acquired a new stake in International Flavors & Fragrances during the first quarter valued at about $636,000. First Republic Investment Management Inc. boosted its position in shares of International Flavors & Fragrances by 200.7% in the first quarter. First Republic Investment Management Inc. now owns 10,452 shares of the company’s stock worth $1,189,000 after buying an additional 6,976 shares during the last quarter. Exxonmobil Investment Management Inc. TX boosted its position in shares of International Flavors & Fragrances by 6.1% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 20,634 shares of the company’s stock worth $2,601,000 after buying an additional 1,188 shares during the last quarter. Chevy Chase Trust Holdings Inc. boosted its position in shares of International Flavors & Fragrances by 1.0% in the second quarter. Chevy Chase Trust Holdings Inc. now owns 68,095 shares of the company’s stock worth $8,585,000 after buying an additional 705 shares during the last quarter. Finally, Gateway Investment Advisers LLC boosted its position in shares of International Flavors & Fragrances by 1.8% in the second quarter. Gateway Investment Advisers LLC now owns 6,463 shares of the company’s stock worth $815,000 after buying an additional 112 shares during the last quarter. Institutional investors and hedge funds own 75.73% of the company’s stock.

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

Shares of International Flavors & Fragrances Inc. (NYSE:IFF) traded down 0.16% during mid-day trading on Wednesday, hitting $121.05. The stock had a trading volume of 564,153 shares. International Flavors & Fragrances Inc. has a one year low of $97.24 and a one year high of $143.64. The firm’s 50 day moving average price is $126.88 and its 200-day moving average price is $131.37. The company has a market cap of $9.61 billion, a PE ratio of 24.08 and a beta of 1.15.

International Flavors & Fragrances (NYSE:IFF) last announced its earnings results on Monday, November 7th. The company reported $1.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.42 by $0.08. International Flavors & Fragrances had a net margin of 12.92% and a return on equity of 25.92%. The firm had revenue of $777 million for the quarter, compared to analyst estimates of $785.05 million. During the same period last year, the firm earned $1.39 earnings per share. International Flavors & Fragrances’s revenue for the quarter was up 1.6% compared to the same quarter last year. On average, equities research analysts anticipate that International Flavors & Fragrances Inc. will post $5.45 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This story was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another domain, it was stolen and republished in violation of United States and international copyright & trademark laws. The legal version of this story can be read at https://www.thecerbatgem.com/2016/11/30/aperio-group-llc-has-4641000-stake-in-international-flavors-fragrances-inc-iff.html.

A number of research analysts recently weighed in on IFF shares. Gabelli cut International Flavors & Fragrances from a “buy” rating to a “hold” rating in a report on Wednesday, August 10th. JPMorgan Chase & Co. reiterated a “buy” rating and issued a $153.00 target price on shares of International Flavors & Fragrances in a report on Sunday, August 14th. Argus lifted their target price on International Flavors & Fragrances from $146.00 to $156.00 and gave the company a “buy” rating in a report on Tuesday, August 16th. Sanford C. Bernstein started coverage on International Flavors & Fragrances in a report on Monday, September 19th. They issued an “outperform” rating and a $160.00 target price on the stock. Finally, Berenberg Bank reiterated a “buy” rating and issued a $163.40 target price on shares of International Flavors & Fragrances in a report on Monday, September 26th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $142.69.

In other International Flavors & Fragrances news, insider Nicolas Mirzayantz sold 2,945 shares of the business’s stock in a transaction on Tuesday, November 15th. The shares were sold at an average price of $117.56, for a total transaction of $346,214.20. Following the sale, the insider now directly owns 57,071 shares of the company’s stock, valued at approximately $6,709,266.76. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.55% of the company’s stock.

International Flavors & Fragrances Company Profile

International Flavors & Fragrances Inc (IFF) creates, manufactures and supplies flavors and fragrances (including cosmetic active ingredients) for the food, beverage, personal care and household products industries either in the form of compounds or individual ingredients. The Company operates in two segments: Flavors and Fragrances.

5 Day Chart for NYSE:IFF

Receive News & Stock Ratings for International Flavors & Fragrances Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Flavors & Fragrances Inc. and related stocks with our FREE daily email newsletter.