Robeco Institutional Asset Management B.V. Has $78.37 Million Stock Position in International Flavors & Fragrances Inc. (NYSE:IFF)

Robeco Institutional Asset Management B.V. lifted its position in International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) by 30.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 926,873 shares of the specialty chemicals company's stock after acquiring an additional 218,792 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.36% of International Flavors & Fragrances worth $78,367,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Pictet North America Advisors SA increased its position in shares of International Flavors & Fragrances by 3.1% in the third quarter. Pictet North America Advisors SA now owns 3,275 shares of the specialty chemicals company's stock worth $344,000 after acquiring an additional 99 shares in the last quarter. Integrated Advisors Network LLC increased its position in shares of International Flavors & Fragrances by 1.9% in the third quarter. Integrated Advisors Network LLC now owns 5,720 shares of the specialty chemicals company's stock worth $600,000 after acquiring an additional 107 shares in the last quarter. CWM LLC increased its position in shares of International Flavors & Fragrances by 1.7% in the third quarter. CWM LLC now owns 6,540 shares of the specialty chemicals company's stock worth $686,000 after acquiring an additional 109 shares in the last quarter. UMB Bank n.a. increased its position in shares of International Flavors & Fragrances by 8.9% in the fourth quarter. UMB Bank n.a. now owns 1,458 shares of the specialty chemicals company's stock worth $123,000 after acquiring an additional 119 shares in the last quarter. Finally, Orca Investment Management LLC increased its position in shares of International Flavors & Fragrances by 0.6% in the third quarter. Orca Investment Management LLC now owns 21,266 shares of the specialty chemicals company's stock worth $2,231,000 after acquiring an additional 122 shares in the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

International Flavors & Fragrances Stock Performance

IFF stock traded up $1.75 on Thursday, reaching $87.75. 1,634,826 shares of the company were exchanged, compared to its average volume of 1,363,565. International Flavors & Fragrances Inc. has a 12 month low of $72.94 and a 12 month high of $106.77. The stock's fifty day moving average price is $86.36 and its 200 day moving average price is $94.94. The firm has a market capitalization of $22.44 billion, a PE ratio of -9.65, a PEG ratio of 1.51 and a beta of 1.18. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.62 and a quick ratio of 1.93.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last announced its earnings results on Tuesday, November 5th. The specialty chemicals company reported $0.62 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.08 by ($0.46). The company had revenue of $2.93 billion for the quarter, compared to the consensus estimate of $2.83 billion. International Flavors & Fragrances had a positive return on equity of 7.16% and a negative net margin of 20.33%. The company's revenue was up 3.7% compared to the same quarter last year. During the same period last year, the firm posted $0.89 EPS. On average, research analysts anticipate that International Flavors & Fragrances Inc. will post 4.15 EPS for the current fiscal year.

Insider Buying and Selling at International Flavors & Fragrances

In other International Flavors & Fragrances news, insider Yuvraj Arora sold 5,000 shares of the business's stock in a transaction on Monday, November 11th. The shares were sold at an average price of $91.75, for a total value of $458,750.00. Following the sale, the insider now owns 3,238 shares of the company's stock, valued at $297,086.50. The trade was a 60.69 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.20% of the company's stock.

Wall Street Analysts Forecast Growth

IFF has been the subject of several research reports. Citigroup decreased their price target on shares of International Flavors & Fragrances from $110.00 to $105.00 and set a "buy" rating for the company in a report on Wednesday, December 18th. Stifel Nicolaus raised their price target on shares of International Flavors & Fragrances from $115.00 to $121.00 and gave the stock a "buy" rating in a report on Thursday, October 24th. Morgan Stanley upgraded shares of International Flavors & Fragrances from an "equal weight" rating to an "overweight" rating and decreased their price target for the stock from $111.00 to $110.00 in a report on Tuesday, November 12th. Argus upgraded shares of International Flavors & Fragrances from a "hold" rating to a "buy" rating in a research note on Tuesday, January 7th. Finally, Barclays reduced their target price on shares of International Flavors & Fragrances from $90.00 to $88.00 and set an "equal weight" rating for the company in a research note on Friday, January 17th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $109.00.

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.