SeaCrest Wealth Management LLC purchased a new stake in shares of International Flavors & Fragrances Inc (NYSE:IFF) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,247 shares of the specialty chemicals company’s stock, valued at approximately $190,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Aperio Group LLC grew its position in International Flavors & Fragrances by 2.0% during the fourth quarter. Aperio Group LLC now owns 44,130 shares of the specialty chemicals company’s stock valued at $6,735,000 after acquiring an additional 865 shares during the last quarter. Victory Capital Management Inc. grew its holdings in shares of International Flavors & Fragrances by 8.2% in the fourth quarter. Victory Capital Management Inc. now owns 657,760 shares of the specialty chemicals company’s stock worth $100,381,000 after purchasing an additional 49,787 shares during the last quarter. Kornitzer Capital Management Inc. KS grew its holdings in shares of International Flavors & Fragrances by 20.0% in the fourth quarter. Kornitzer Capital Management Inc. KS now owns 111,735 shares of the specialty chemicals company’s stock worth $17,052,000 after purchasing an additional 18,640 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of International Flavors & Fragrances by 4.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,088 shares of the specialty chemicals company’s stock worth $3,218,000 after purchasing an additional 930 shares during the last quarter. Finally, Engadine Partners LLP bought a new position in shares of International Flavors & Fragrances in the fourth quarter worth approximately $38,818,000. Institutional investors and hedge funds own 83.00% of the company’s stock.

In related news, EVP Anne Chwat sold 3,000 shares of the firm’s stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $149.61, for a total value of $448,830.00. Following the completion of the sale, the executive vice president now owns 39,157 shares of the company’s stock, valued at $5,858,278.77. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.48% of the company’s stock.

Several research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of International Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $175.00 target price on the stock in a report on Tuesday, January 9th. Evercore ISI upgraded shares of International Flavors & Fragrances from an “in-line” rating to an “outperform” rating in a report on Wednesday, January 17th. KeyCorp raised their target price on shares of International Flavors & Fragrances from $148.00 to $156.00 and gave the stock an “overweight” rating in a report on Monday, October 16th. Berenberg Bank restated a “buy” rating and issued a $160.00 target price on shares of International Flavors & Fragrances in a report on Friday, November 10th. Finally, UBS Group restated a “buy” rating and issued a $166.00 target price (up previously from $151.00) on shares of International Flavors & Fragrances in a report on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $147.50.

Shares of International Flavors & Fragrances Inc (NYSE IFF) opened at $142.42 on Tuesday. International Flavors & Fragrances Inc has a 52 week low of $117.07 and a 52 week high of $157.40. The company has a market capitalization of $11,088.39, a price-to-earnings ratio of 24.59, a P/E/G ratio of 2.56 and a beta of 1.11. The company has a quick ratio of 1.77, a current ratio of 2.66 and a debt-to-equity ratio of 0.92.

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International 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 International Flavors & Fragrances (NYSE:IFF)

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