Compagnie Lombard Odier SCmA Acquires 11,406 Shares of International Flavors & Fragrances Inc. (NYSE:IFF)

Compagnie Lombard Odier SCmA increased its holdings in International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) by 11.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 114,179 shares of the specialty chemicals company's stock after purchasing an additional 11,406 shares during the quarter. Compagnie Lombard Odier SCmA's holdings in International Flavors & Fragrances were worth $9,654,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Northwest Investment Counselors LLC bought a new stake in shares of International Flavors & Fragrances in the third quarter worth $27,000. Point72 Hong Kong Ltd bought a new stake in shares of International Flavors & Fragrances in the third quarter worth $42,000. Oakworth Capital Inc. bought a new stake in shares of International Flavors & Fragrances in the third quarter worth $44,000. Eastern Bank bought a new stake in shares of International Flavors & Fragrances in the third quarter worth $46,000. Finally, Ashton Thomas Securities LLC bought a new stake in shares of International Flavors & Fragrances in the third quarter worth $48,000. Institutional investors own 96.02% of the company's stock.

International Flavors & Fragrances Stock Up 0.9 %

Shares of IFF traded up $0.75 on Tuesday, reaching $86.33. The company's stock had a trading volume of 2,387,447 shares, compared to its average volume of 1,394,866. The company has a current ratio of 2.62, a quick ratio of 1.93 and a debt-to-equity ratio of 0.58. International Flavors & Fragrances Inc. has a twelve month low of $72.94 and a twelve month high of $106.77. The stock has a market capitalization of $22.07 billion, a PE ratio of -9.50, a PEG ratio of 1.54 and a beta of 1.19. The firm has a fifty day moving average of $85.13 and a 200-day moving average of $93.73.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last posted its earnings results on Tuesday, February 18th. The specialty chemicals company reported $0.97 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.14. International Flavors & Fragrances had a negative net margin of 20.33% and a positive return on equity of 7.16%. Equities analysts predict that International Flavors & Fragrances Inc. will post 4.15 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on IFF shares. Bank of America upgraded shares of International Flavors & Fragrances from a "neutral" rating to a "buy" rating and set a $107.00 target price on the stock in a report on Friday, November 8th. Oppenheimer dropped their target price on shares of International Flavors & Fragrances from $117.00 to $114.00 and set an "outperform" rating on the stock in a report on Tuesday, January 28th. UBS Group boosted their target price on shares of International Flavors & Fragrances from $108.00 to $111.00 and gave the company a "neutral" rating in a report on Wednesday, November 6th. Citigroup dropped their target price on shares of International Flavors & Fragrances from $110.00 to $105.00 and set a "buy" rating on the stock in a report on Wednesday, December 18th. Finally, JPMorgan Chase & Co. dropped their target price on shares of International Flavors & Fragrances from $110.00 to $107.00 and set an "overweight" rating on the stock in a report on Thursday, November 7th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $107.77.

International Flavors & Fragrances 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.