International Flavors & Fragrances Inc. $IFF Shares Purchased by Savant Capital LLC

Savant Capital LLC increased its position in shares of International Flavors & Fragrances Inc. (NYSE:IFF) by 696.8% in the third quarter, HoldingsChannel reports. The firm owned 38,931 shares of the specialty chemicals company’s stock after acquiring an additional 34,045 shares during the quarter. Savant Capital LLC’s holdings in International Flavors & Fragrances were worth $2,396,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in IFF. J.W. Cole Advisors Inc. lifted its stake in International Flavors & Fragrances by 31.0% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 4,114 shares of the specialty chemicals company’s stock valued at $253,000 after buying an additional 974 shares in the last quarter. Evermay Wealth Management LLC raised its position in International Flavors & Fragrances by 150.0% in the 3rd quarter. Evermay Wealth Management LLC now owns 1,100 shares of the specialty chemicals company’s stock valued at $68,000 after purchasing an additional 660 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in International Flavors & Fragrances by 7.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 259,471 shares of the specialty chemicals company’s stock worth $15,968,000 after buying an additional 16,892 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in shares of International Flavors & Fragrances by 6.1% during the third quarter. Hantz Financial Services Inc. now owns 5,943 shares of the specialty chemicals company’s stock worth $366,000 after purchasing an additional 340 shares during the last quarter. Finally, Premier Path Wealth Partners LLC grew its holdings in shares of International Flavors & Fragrances by 17.3% during the third quarter. Premier Path Wealth Partners LLC now owns 19,802 shares of the specialty chemicals company’s stock worth $1,219,000 after buying an additional 2,916 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

International Flavors & Fragrances Trading Up 2.1%

Shares of NYSE IFF opened at $74.95 on Friday. International Flavors & Fragrances Inc. has a 12 month low of $59.14 and a 12 month high of $86.96. The business has a fifty day simple moving average of $68.58 and a 200-day simple moving average of $66.54. The company has a market cap of $19.19 billion, a price-to-earnings ratio of -46.27, a P/E/G ratio of 2.82 and a beta of 1.05. The company has a quick ratio of 0.87, a current ratio of 1.44 and a debt-to-equity ratio of 0.33.

Analysts Set New Price Targets

IFF has been the topic of a number of research analyst reports. Argus boosted their target price on International Flavors & Fragrances from $70.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Citigroup upped their target price on International Flavors & Fragrances from $77.00 to $83.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. Wall Street Zen raised International Flavors & Fragrances from a “sell” rating to a “hold” rating in a research report on Sunday, January 4th. Bank of America upped their price objective on shares of International Flavors & Fragrances from $84.00 to $88.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. Finally, Barclays raised their price target on International Flavors & Fragrances from $75.00 to $78.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Twelve analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, International Flavors & Fragrances currently has an average rating of “Moderate Buy” and a consensus price target of $86.41.

International Flavors & Fragrances Profile

International Flavors & Fragrances Inc (NYSE:IFF) is a global leader in the creation and production of flavors, fragrances, cosmetic actives and nutritional lipids. The company develops taste and scent solutions for a wide array of end markets including food and beverage, personal care, household goods and pharmaceutical products. Its portfolio spans natural and nature-identical flavors, fine fragrances, functional ingredients for skin and hair care, and specialty oils that enhance nutritional value and sensory appeal.

IFF’s research and development network comprises innovation centers in North America, Europe, Asia-Pacific and Latin America, where multidisciplinary teams collaborate on aroma chemistry, sensory science and biotechnology.