Pathway Financial Advisers LLC Sells 21,784 Shares of International Flavors & Fragrances Inc. (NYSE:IFF)

Pathway Financial Advisers LLC cut its stake in International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) by 80.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,232 shares of the specialty chemicals company's stock after selling 21,784 shares during the quarter. Pathway Financial Advisers LLC's holdings in International Flavors & Fragrances were worth $442,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Van ECK Associates Corp increased its holdings in shares of International Flavors & Fragrances by 41.6% during the 4th quarter. Van ECK Associates Corp now owns 5,664,250 shares of the specialty chemicals company's stock valued at $478,912,000 after acquiring an additional 1,663,629 shares during the last quarter. Nordea Investment Management AB increased its stake in shares of International Flavors & Fragrances by 25.7% in the fourth quarter. Nordea Investment Management AB now owns 5,489,741 shares of the specialty chemicals company's stock worth $464,926,000 after purchasing an additional 1,121,414 shares during the period. Robeco Institutional Asset Management B.V. boosted its position in shares of International Flavors & Fragrances by 70.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 708,081 shares of the specialty chemicals company's stock valued at $74,299,000 after acquiring an additional 293,760 shares during the period. Smith Group Asset Management LLC bought a new stake in International Flavors & Fragrances in the 3rd quarter valued at $22,399,000. Finally, State Street Corp increased its holdings in shares of International Flavors & Fragrances by 1.9% during the 3rd quarter. State Street Corp now owns 10,467,517 shares of the specialty chemicals company's stock worth $1,102,363,000 after purchasing an additional 196,696 shares during the period. Institutional investors and hedge funds own 96.02% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Barclays decreased their target price on shares of International Flavors & Fragrances from $90.00 to $88.00 and set an "equal weight" rating on the stock in a research report on Friday, January 17th. Argus raised International Flavors & Fragrances from a "hold" rating to a "buy" rating in a report on Tuesday, January 7th. Citigroup cut their price objective on International Flavors & Fragrances from $110.00 to $105.00 and set a "buy" rating for the company in a research report on Wednesday, December 18th. Vertical Research upgraded International Flavors & Fragrances from a "hold" rating to a "buy" rating and set a $109.00 target price for the company in a research note on Thursday, November 7th. Finally, UBS Group raised their price objective on shares of International Flavors & Fragrances from $108.00 to $111.00 and gave the company a "neutral" rating in a research report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $107.77.

International Flavors & Fragrances Trading Down 0.5 %

Shares of International Flavors & Fragrances stock traded down $0.40 during trading on Monday, reaching $85.60. 1,081,574 shares of the company were exchanged, compared to its average volume of 1,302,125. The company has a quick ratio of 1.93, a current ratio of 2.62 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 firm has a market capitalization of $21.89 billion, a price-to-earnings ratio of -9.42, a P/E/G ratio of 1.54 and a beta of 1.19. The business has a 50-day moving average price of $85.25 and a 200-day moving average price of $93.89.

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.