Sentry Investment Management LLC raised its position in International Flavors & Fragrances Inc (NYSE:IFF) by 240.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,215 shares of the specialty chemicals company’s stock after acquiring an additional 4,388 shares during the period. Sentry Investment Management LLC’s holdings in International Flavors & Fragrances were worth $948,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of IFF. Dimensional Fund Advisors LP raised its holdings in International Flavors & Fragrances by 6.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 256,602 shares of the specialty chemicals company’s stock valued at $34,639,000 after acquiring an additional 14,604 shares in the last quarter. QS Investors LLC raised its holdings in shares of International Flavors & Fragrances by 32.9% in the 2nd quarter. QS Investors LLC now owns 2,828 shares of the specialty chemicals company’s stock worth $382,000 after buying an additional 700 shares in the last quarter. Janus Henderson Group PLC raised its holdings in shares of International Flavors & Fragrances by 1,096.1% in the 2nd quarter. Janus Henderson Group PLC now owns 103,621 shares of the specialty chemicals company’s stock worth $13,989,000 after buying an additional 94,958 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of International Flavors & Fragrances by 10.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 89,849 shares of the specialty chemicals company’s stock worth $12,130,000 after buying an additional 8,865 shares in the last quarter. Finally, Nomura Holdings Inc. acquired a new position in shares of International Flavors & Fragrances in the 2nd quarter worth approximately $808,000. 83.00% of the stock is owned by hedge funds and other institutional investors.

IFF has been the subject of a number of recent research reports. Zacks Investment Research cut International Flavors & Fragrances from a “hold” rating to a “sell” rating in a report on Monday, October 23rd. UBS Group restated a “buy” rating and set a $166.00 price target (up from $151.00) on shares of International Flavors & Fragrances in a research report on Tuesday, November 7th. Berenberg Bank restated a “buy” rating and set a $160.00 price target on shares of International Flavors & Fragrances in a research report on Friday, November 10th. Finally, Evercore ISI upgraded International Flavors & Fragrances from an “in-line” rating to an “outperform” rating in a research report on Wednesday, January 17th. 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 company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $150.71.

Shares of International Flavors & Fragrances Inc (NYSE IFF) opened at $143.06 on Wednesday. The company has a market capitalization of $11,247.93, a P/E ratio of 27.41, a P/E/G ratio of 2.60 and a beta of 1.11. The company has a current ratio of 2.66, a quick ratio of 1.77 and a debt-to-equity ratio of 0.92. International Flavors & Fragrances Inc has a 12-month low of $117.07 and a 12-month high of $157.40.

WARNING: This piece was posted by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this piece on another website, it was illegally copied and republished in violation of US & international copyright laws. The original version of this piece can be read at https://theolympiareport.com/2018/02/14/sentry-investment-management-llc-purchases-4388-shares-of-international-flavors-fragrances-inc-iff.html.

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.

Want to see what other hedge funds are holding IFF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for International Flavors & Fragrances Inc (NYSE:IFF).

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

Receive News & Ratings for International Flavors & Fragrances Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Flavors & Fragrances and related companies with MarketBeat.com's FREE daily email newsletter.