APG Asset Management N.V. lifted its stake in Internationa Flavors & Fragrances, Inc. (NYSE:IFF) by 4.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 128,217 shares of the specialty chemicals company’s stock after acquiring an additional 5,800 shares during the period. APG Asset Management N.V. owned approximately 0.16% of Internationa Flavors & Fragrances worth $18,323,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the company. YorkBridge Wealth Partners LLC boosted its stake in 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. boosted its stake in 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. boosted its stake in 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. Commonwealth Bank of Australia boosted its stake in 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. Finally, IFP Advisors Inc boosted its stake in Internationa Flavors & Fragrances by 15.1% during the second quarter. IFP Advisors Inc now owns 1,353 shares of the specialty chemicals company’s stock worth $183,000 after buying an additional 177 shares in the last quarter. Institutional investors and hedge funds own 84.64% of the company’s stock.

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A number of equities research analysts have weighed in on the stock. BidaskClub upgraded shares of Internationa Flavors & Fragrances from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. Zacks Investment Research downgraded shares of Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Monday, August 14th. Barclays PLC reiterated a “sell” rating and set a $123.00 price target on shares of Internationa Flavors & Fragrances in a research note on Friday, August 11th. Deutsche Bank AG reiterated a “hold” rating and set a $139.00 price target (up previously from $135.00) on shares of Internationa Flavors & Fragrances in a research note on Thursday, August 10th. Finally, KeyCorp lifted their price target on shares of Internationa Flavors & Fragrances from $148.00 to $156.00 and gave the stock an “overweight” rating in a research note on Monday, October 16th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $135.15.

In other news, EVP Anne Chwat sold 3,000 shares of the stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $137.22, for a total transaction of $411,660.00. Following the sale, the executive vice president now directly owns 42,157 shares of the company’s stock, valued at approximately $5,784,783.54. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Nicolas Mirzayantz sold 1,232 shares of the stock in a transaction on Friday, September 15th. The stock was sold at an average price of $143.56, for a total value of $176,865.92. Following the sale, the insider now directly owns 43,809 shares in the company, valued at $6,289,220.04. The disclosure for this sale can be found here. Over the last three months, insiders have bought 500,982 shares of company stock worth $67,578,044 and have sold 5,465 shares worth $757,718. Corporate insiders own 0.48% of the company’s stock.

Internationa Flavors & Fragrances, Inc. (NYSE:IFF) opened at 147.42 on Wednesday. The company has a market capitalization of $11.64 billion, a PE ratio of 29.75 and a beta of 1.11. The firm’s 50 day moving average price is $146.23 and its 200-day moving average price is $138.47. Internationa Flavors & Fragrances, Inc. has a one year low of $113.16 and a one year high of $151.04.

Internationa Flavors & Fragrances (NYSE:IFF) last released its earnings results on Tuesday, August 8th. The specialty chemicals company reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.05. The company had revenue of $842.86 million for the quarter, compared to analyst estimates of $845.89 million. Internationa Flavors & Fragrances had a return on equity of 26.83% and a net margin of 12.31%. Internationa Flavors & Fragrances’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.47 EPS. Equities analysts forecast that Internationa Flavors & Fragrances, Inc. will post $5.75 earnings per share for the current fiscal year.

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.

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

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