Janus Henderson Group PLC lowered its position in International Flavors & Fragrances Inc (NYSE:IFF) by 32.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,190 shares of the specialty chemicals company’s stock after selling 33,431 shares during the period. Janus Henderson Group PLC owned about 0.09% of International Flavors & Fragrances worth $10,031,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Winder Investment Pte Ltd grew its position in International Flavors & Fragrances by 12.6% during the third quarter. Winder Investment Pte Ltd now owns 10,420,193 shares of the specialty chemicals company’s stock valued at $1,489,150,000 after buying an additional 1,169,400 shares during the period. Dimensional Fund Advisors LP grew its position in International Flavors & Fragrances by 6.0% during the second quarter. Dimensional Fund Advisors LP now owns 256,602 shares of the specialty chemicals company’s stock valued at $34,639,000 after buying an additional 14,604 shares during the period. Schwab Charles Investment Management Inc. grew its position in International Flavors & Fragrances by 3.7% during the third quarter. Schwab Charles Investment Management Inc. now owns 372,249 shares of the specialty chemicals company’s stock valued at $53,199,000 after buying an additional 13,225 shares during the period. Verition Fund Management LLC bought a new position in International Flavors & Fragrances during the second quarter valued at about $428,000. Finally, Caxton Associates LP bought a new position in International Flavors & Fragrances during the second quarter valued at about $4,050,000. Institutional investors own 82.67% of the company’s stock.

International Flavors & Fragrances Inc (IFF) opened at $152.51 on Tuesday. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.66 and a quick ratio of 1.77. International Flavors & Fragrances Inc has a 1 year low of $113.16 and a 1 year high of $156.64. The company has a market cap of $12,044.81, a P/E ratio of 29.22, a PEG ratio of 3.03 and a beta of 1.19.

International Flavors & Fragrances (NYSE:IFF) last released its quarterly earnings data on Monday, November 6th. The specialty chemicals company reported $1.47 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.05. International Flavors & Fragrances had a net margin of 12.57% and a return on equity of 27.13%. The company had revenue of $872.90 million during the quarter, compared to analyst estimates of $847.63 million. During the same period last year, the business earned $1.34 earnings per share. International Flavors & Fragrances’s revenue was up 12.3% compared to the same quarter last year. analysts predict that International Flavors & Fragrances Inc will post 5.78 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 8th. Stockholders of record on Friday, December 29th will be given a $0.69 dividend. The ex-dividend date is Thursday, December 28th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 1.81%. International Flavors & Fragrances’s dividend payout ratio (DPR) is currently 52.87%.

In other news, EVP Anne Chwat sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $149.61, for a total value of $448,830.00. Following the completion of the transaction, the executive vice president now directly owns 39,157 shares in the company, valued at $5,858,278.77. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.48% of the stock is currently owned by company insiders.

A number of equities analysts have weighed in on the stock. Berenberg Bank reiterated a “buy” rating and set a $160.00 target price on shares of International Flavors & Fragrances in a research report on Friday, November 10th. Zacks Investment Research upgraded shares of International Flavors & Fragrances from a “sell” rating to a “buy” rating and set a $168.00 target price for the company in a research report on Thursday, November 9th. UBS Group reiterated a “buy” rating and set a $166.00 target price (up previously from $151.00) on shares of International Flavors & Fragrances in a research report on Tuesday, November 7th. Finally, KeyCorp increased their target price on shares of International Flavors & Fragrances from $148.00 to $156.00 and gave the stock an “overweight” rating in a research report on Monday, October 16th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $143.70.

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International Flavors & Fragrances 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.

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

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