Davidson Investment Advisors Has $10.41 Million Stock Position in International Flavors & Fragrances Inc. (NYSE:IFF)

Davidson Investment Advisors trimmed its position in shares of International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) by 8.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 123,071 shares of the specialty chemicals company's stock after selling 10,703 shares during the period. Davidson Investment Advisors' holdings in International Flavors & Fragrances were worth $10,406,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Northwest Investment Counselors LLC bought a new stake in International Flavors & Fragrances in the third quarter worth approximately $27,000. Point72 Hong Kong Ltd bought a new stake in International Flavors & Fragrances in the third quarter worth $42,000. Oakworth Capital Inc. acquired a new position in International Flavors & Fragrances during the third quarter worth $44,000. Eastern Bank bought a new position in International Flavors & Fragrances during the third quarter valued at about $46,000. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of International Flavors & Fragrances in the third quarter worth about $48,000. Institutional investors and hedge funds own 96.02% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on IFF shares. Oppenheimer cut their price objective on International Flavors & Fragrances from $114.00 to $104.00 and set an "outperform" rating on the stock in a research note on Thursday. Stifel Nicolaus dropped their price target on shares of International Flavors & Fragrances from $113.00 to $105.00 and set a "buy" rating on the stock in a research report on Monday, February 3rd. Wells Fargo & Company reduced their price objective on shares of International Flavors & Fragrances from $115.00 to $105.00 and set an "overweight" rating for the company in a research note on Thursday. Bank of America lowered their target price on shares of International Flavors & Fragrances from $105.00 to $101.00 and set a "buy" rating on the stock in a research note on Thursday. Finally, UBS Group boosted their target price on shares of International Flavors & Fragrances from $108.00 to $111.00 and gave the stock a "neutral" rating in a research report on Wednesday, November 6th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $103.50.

International Flavors & Fragrances Stock Performance

Shares of NYSE IFF traded down $0.22 during trading hours on Friday, reaching $79.92. The stock had a trading volume of 1,571,210 shares, compared to its average volume of 1,501,512. The company has a market cap of $20.43 billion, a price-to-earnings ratio of 85.02, a PEG ratio of 1.48 and a beta of 1.19. International Flavors & Fragrances Inc. has a twelve month low of $72.94 and a twelve month high of $106.77. The business's fifty day moving average is $84.71 and its two-hundred day moving average is $93.45. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.84 and a quick ratio of 1.93.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The specialty chemicals company reported $0.97 EPS for the quarter, topping analysts' consensus estimates of $0.83 by $0.14. The company had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.67 billion. International Flavors & Fragrances had a net margin of 2.12% and a return on equity of 7.72%. As a group, research analysts expect that International Flavors & Fragrances Inc. will post 4.35 EPS for the current year.

About International Flavors & Fragrances

International Flavors & Fragrances, Inc engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B's Food & Beverage division and the food protection business of N&B's Health & Biosciences division.