Natixis Advisors LLC Has $15.33 Million Stock Holdings in International Flavors & Fragrances Inc. (NYSE:IFF)

Natixis Advisors LLC lifted its holdings in International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) by 7.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 181,304 shares of the specialty chemicals company's stock after purchasing an additional 12,078 shares during the quarter. Natixis Advisors LLC owned about 0.07% of International Flavors & Fragrances worth $15,329,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of IFF. SBI Securities Co. Ltd. acquired a new position in shares of International Flavors & Fragrances in the fourth quarter valued at approximately $32,000. Fairway Wealth LLC bought a new position in International Flavors & Fragrances during the 4th quarter worth about $34,000. Point72 Hong Kong Ltd acquired a new stake in shares of International Flavors & Fragrances in the 3rd quarter valued at about $42,000. Rialto Wealth Management LLC bought a new stake in shares of International Flavors & Fragrances in the fourth quarter valued at about $42,000. Finally, Principal Securities Inc. boosted its position in shares of International Flavors & Fragrances by 36.6% during the fourth quarter. Principal Securities Inc. now owns 638 shares of the specialty chemicals company's stock worth $54,000 after buying an additional 171 shares during the period. 96.02% of the stock is owned by institutional investors.

Insider Transactions at International Flavors & Fragrances

In other news, Director Kevin O'byrne bought 6,500 shares of the company's stock in a transaction dated Wednesday, March 5th. The stock was bought at an average price of $80.44 per share, with a total value of $522,860.00. Following the completion of the acquisition, the director now owns 6,500 shares of the company's stock, valued at $522,860. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.20% of the company's stock.

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International Flavors & Fragrances Stock Performance

Shares of NYSE IFF traded down $1.81 during midday trading on Friday, hitting $77.93. 3,934,140 shares of the company's stock were exchanged, compared to its average volume of 1,462,337. International Flavors & Fragrances Inc. has a 12 month low of $77.28 and a 12 month high of $106.77. The company's 50 day moving average price is $83.23 and its 200 day moving average price is $90.87. The company has a quick ratio of 1.93, a current ratio of 1.84 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $19.93 billion, a PE ratio of 82.90, a price-to-earnings-growth ratio of 1.45 and a beta of 1.21.

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 firm had revenue of $2.77 billion during the quarter, compared to analysts' expectations 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, analysts predict that International Flavors & Fragrances Inc. will post 4.32 earnings per share for the current fiscal year.

International Flavors & Fragrances Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 21st will be given a dividend of $0.40 per share. The ex-dividend date is Friday, March 21st. This represents a $1.60 annualized dividend and a yield of 2.05%. International Flavors & Fragrances's dividend payout ratio (DPR) is presently 170.21%.

Wall Street Analysts Forecast Growth

Several research firms have commented on IFF. Wells Fargo & Company cut their target price on International Flavors & Fragrances from $115.00 to $105.00 and set an "overweight" rating on the stock in a research note on Thursday, February 20th. Stifel Nicolaus cut their price objective 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. Argus raised shares of International Flavors & Fragrances from a "hold" rating to a "buy" rating in a research report on Tuesday, January 7th. Citigroup cut their price target on shares of International Flavors & Fragrances from $110.00 to $105.00 and set a "buy" rating on the stock in a research report on Wednesday, December 18th. Finally, Cfra cut International Flavors & Fragrances from a "buy" rating to a "sell" rating and set a $77.00 price objective for the company. in a report on Thursday, February 20th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have given a buy rating to the company. According to MarketBeat, International Flavors & Fragrances presently has an average rating of "Moderate Buy" and an average target price of $103.77.

International Flavors & Fragrances Company Profile

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.