Trillium Asset Management LLC Sells 14,741 Shares of International Flavors & Fragrances Inc. (NYSE:IFF)

Trillium Asset Management LLC reduced its holdings in shares of International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) by 6.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 200,960 shares of the specialty chemicals company's stock after selling 14,741 shares during the period. Trillium Asset Management LLC owned 0.08% of International Flavors & Fragrances worth $16,991,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Compagnie Lombard Odier SCmA grew its stake in shares of International Flavors & Fragrances by 11.1% in the 4th quarter. Compagnie Lombard Odier SCmA now owns 114,179 shares of the specialty chemicals company's stock valued at $9,654,000 after buying an additional 11,406 shares during the period. Choreo LLC boosted its stake in International Flavors & Fragrances by 55.7% during the 4th quarter. Choreo LLC now owns 24,401 shares of the specialty chemicals company's stock valued at $2,055,000 after purchasing an additional 8,728 shares during the last quarter. Covea Finance boosted its stake in International Flavors & Fragrances by 79.0% during the 4th quarter. Covea Finance now owns 123,090 shares of the specialty chemicals company's stock valued at $10,407,000 after purchasing an additional 54,340 shares during the last quarter. U.S. Capital Wealth Advisors LLC bought a new position in shares of International Flavors & Fragrances during the 4th quarter worth approximately $7,508,000. Finally, S.E.E.D. Planning Group LLC lifted its position in shares of International Flavors & Fragrances by 372.9% during the 4th quarter. S.E.E.D. Planning Group LLC now owns 63,104 shares of the specialty chemicals company's stock worth $5,335,000 after buying an additional 49,761 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

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Insider Activity at International Flavors & Fragrances

In related news, Director Kevin O'byrne acquired 6,500 shares of International Flavors & Fragrances stock in a transaction that occurred on 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 transaction, the director now directly owns 6,500 shares in the company, valued at approximately $522,860. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.20% of the stock is owned by corporate insiders.

International Flavors & Fragrances Stock Down 2.3 %

Shares of IFF traded down $1.81 on Friday, reaching $77.93. The stock had a trading volume of 3,934,140 shares, compared to its average volume of 1,458,638. The firm has a market capitalization of $19.93 billion, a price-to-earnings ratio of 82.90, a price-to-earnings-growth ratio of 1.45 and a beta of 1.21. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.93 and a current ratio of 1.84. The company has a 50-day simple moving average of $83.23 and a 200-day simple moving average of $90.78. International Flavors & Fragrances Inc. has a 12-month low of $77.28 and a 12-month high of $106.77.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last released its earnings results on Tuesday, February 18th. The specialty chemicals company reported $0.97 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.14. The company had revenue of $2.77 billion during the quarter, compared to analysts' expectations of $2.67 billion. International Flavors & Fragrances had a return on equity of 7.72% and a net margin of 2.12%. Sell-side analysts predict that International Flavors & Fragrances Inc. will post 4.32 EPS for the current year.

International Flavors & Fragrances Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms recently commented on IFF. Argus raised shares of International Flavors & Fragrances from a "hold" rating to a "buy" rating in a report on Tuesday, January 7th. Oppenheimer dropped their price objective on International Flavors & Fragrances from $114.00 to $104.00 and set an "outperform" rating on the stock in a report on Thursday, February 20th. Cfra cut International Flavors & Fragrances from a "buy" rating to a "sell" rating and set a $77.00 price objective on the stock. in a report on Thursday, February 20th. Bank of America decreased their target price on International Flavors & Fragrances from $105.00 to $101.00 and set a "buy" rating on the stock in a research note on Thursday, February 20th. Finally, Citigroup decreased their target price on International Flavors & Fragrances from $110.00 to $105.00 and set a "buy" rating on the stock in a research note on Wednesday, December 18th. One analyst has rated the stock with a sell rating, three have given a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, International Flavors & Fragrances currently has an average rating of "Moderate Buy" and an average target price of $103.77.

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.