Internationa Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd purchased 40,000 shares of the business’s stock in a transaction that occurred on Thursday, July 13th. The stock was bought at an average cost of $132.80 per share, with a total value of $5,312,000.00. Following the acquisition, the insider now owns 9,330,793 shares in the company, valued at approximately $1,239,129,310.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Winder Investment Pte Ltd also recently made the following trade(s):

  • On Monday, August 7th, Winder Investment Pte Ltd acquired 100,000 shares of Internationa Flavors & Fragrances stock. The stock was purchased at an average cost of $134.84 per share, with a total value of $13,484,000.00.
  • On Friday, August 4th, Winder Investment Pte Ltd acquired 59,190 shares of Internationa Flavors & Fragrances stock. The stock was purchased at an average cost of $134.62 per share, with a total value of $7,968,157.80.
  • On Thursday, August 3rd, Winder Investment Pte Ltd acquired 100,000 shares of Internationa Flavors & Fragrances stock. The stock was purchased at an average cost of $133.35 per share, with a total value of $13,335,000.00.
  • On Wednesday, August 2nd, Winder Investment Pte Ltd acquired 80,000 shares of Internationa Flavors & Fragrances stock. The stock was purchased at an average cost of $133.99 per share, with a total value of $10,719,200.00.
  • On Monday, July 31st, Winder Investment Pte Ltd bought 80,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average cost of $133.27 per share, for a total transaction of $10,661,600.00.
  • On Tuesday, August 1st, Winder Investment Pte Ltd bought 18,214 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average cost of $134.30 per share, for a total transaction of $2,446,140.20.
  • On Friday, July 28th, Winder Investment Pte Ltd bought 79,204 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average cost of $133.18 per share, for a total transaction of $10,548,388.72.
  • On Thursday, July 27th, Winder Investment Pte Ltd bought 80,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average cost of $133.67 per share, for a total transaction of $10,693,600.00.
  • On Wednesday, July 26th, Winder Investment Pte Ltd bought 80,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average cost of $133.36 per share, for a total transaction of $10,668,800.00.
  • On Tuesday, July 25th, Winder Investment Pte Ltd purchased 40,000 shares of Internationa Flavors & Fragrances stock. The shares were acquired at an average cost of $133.74 per share, for a total transaction of $5,349,600.00.

Internationa Flavors & Fragrances, Inc. (NYSE IFF) opened at 134.64 on Wednesday. The firm has a 50-day moving average of $134.28 and a 200 day moving average of $130.75. The stock has a market capitalization of $10.63 billion, a price-to-earnings ratio of 26.78 and a beta of 1.11. Internationa Flavors & Fragrances, Inc. has a 52 week low of $113.16 and a 52 week high of $143.64.

Internationa Flavors & Fragrances (NYSE:IFF) last announced its earnings results on Monday, May 8th. The specialty chemicals company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.51 by $0.01. Internationa Flavors & Fragrances had a return on equity of 26.75% and a net margin of 12.72%. The firm had revenue of $828.30 million during the quarter, compared to the consensus estimate of $833.73 million. During the same quarter in the prior year, the company earned $1.45 EPS. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. On average, analysts anticipate that Internationa Flavors & Fragrances, Inc. will post $5.75 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 6th. Shareholders of record on Monday, September 25th will be given a $0.69 dividend. The ex-dividend date of this dividend is Friday, September 22nd. This represents a $2.76 dividend on an annualized basis and a dividend yield of 2.05%. This is an increase from Internationa Flavors & Fragrances’s previous quarterly dividend of $0.64. Internationa Flavors & Fragrances’s dividend payout ratio (DPR) is currently 50.89%.

TRADEMARK VIOLATION NOTICE: “Internationa Flavors & Fragrances, Inc. (IFF) Major Shareholder Winder Investment Pte Ltd Buys 40,000 Shares” was first reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece on another site, it was stolen and republished in violation of U.S. & international trademark and copyright law. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2017/08/09/insider-buying-internationa-flavors-fragrances-inc-iff-major-shareholder-acquires-40000-shares-of-stock-updated-updated-updated.html.

Several hedge funds have recently made changes to their positions in IFF. Cleararc Capital Inc. increased its position in Internationa Flavors & Fragrances by 0.6% in the first quarter. Cleararc Capital Inc. now owns 1,950 shares of the specialty chemicals company’s stock valued at $258,000 after buying an additional 11 shares during the period. Ironwood Investment Management LLC increased its position in Internationa Flavors & Fragrances by 0.7% in the second quarter. Ironwood Investment Management LLC now owns 2,940 shares of the specialty chemicals company’s stock valued at $397,000 after buying an additional 20 shares during the period. Albert D Mason Inc. increased its position in Internationa Flavors & Fragrances by 0.4% in the first quarter. Albert D Mason Inc. now owns 8,135 shares of the specialty chemicals company’s stock valued at $1,078,000 after buying an additional 30 shares during the period. Intrust Bank NA increased its position in Internationa Flavors & Fragrances by 1.2% in the second quarter. Intrust Bank NA now owns 2,937 shares of the specialty chemicals company’s stock valued at $396,000 after buying an additional 36 shares during the period. Finally, Pacer Advisors Inc. boosted its stake in Internationa Flavors & Fragrances by 3.1% in the first quarter. Pacer Advisors Inc. now owns 1,466 shares of the specialty chemicals company’s stock worth $194,000 after buying an additional 44 shares in the last quarter. Institutional investors own 84.53% of the company’s stock.

Several analysts have recently issued reports on IFF shares. Vertical Group cut shares of Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research report on Tuesday, May 9th. Zacks Investment Research cut shares of Internationa Flavors & Fragrances from a “hold” rating to a “sell” rating in a research report on Tuesday, April 18th. Deutsche Bank AG increased their price target on shares of Internationa Flavors & Fragrances from $125.00 to $132.00 and gave the stock a “hold” rating in a research report on Wednesday, May 10th. Raymond James Financial, Inc. started coverage on shares of Internationa Flavors & Fragrances in a research report on Friday, July 7th. They set a “market perform” rating on the stock. Finally, Vertical Research cut shares of Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research report on Tuesday, May 9th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $139.22.

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.

Insider Buying and Selling by Quarter for Internationa Flavors & Fragrances (NYSE:IFF)

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