Koss Olinger Consulting LLC Has $1.36 Million Stock Position in International Flavors & Fragrances Inc. (NYSE:IFF)

Koss Olinger Consulting LLC grew its stake in International Flavors & Fragrances Inc. (NYSE:IFF) by 11.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 16,110 shares of the specialty chemicals company’s stock after buying an additional 1,593 shares during the period. Koss Olinger Consulting LLC’s holdings in International Flavors & Fragrances were worth $1,362,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in IFF. Compagnie Lombard Odier SCmA lifted its holdings in International Flavors & Fragrances by 11.1% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 114,179 shares of the specialty chemicals company’s stock worth $9,654,000 after acquiring an additional 11,406 shares in the last quarter. Choreo LLC lifted its holdings in International Flavors & Fragrances by 55.7% during the fourth quarter. Choreo LLC now owns 24,401 shares of the specialty chemicals company’s stock worth $2,055,000 after acquiring an additional 8,728 shares in the last quarter. Covea Finance lifted its holdings in International Flavors & Fragrances by 79.0% during the fourth quarter. Covea Finance now owns 123,090 shares of the specialty chemicals company’s stock worth $10,407,000 after acquiring an additional 54,340 shares in the last quarter. U.S. Capital Wealth Advisors LLC bought a new position in International Flavors & Fragrances during the fourth quarter worth about $7,508,000. Finally, S.E.E.D. Planning Group LLC lifted its holdings in International Flavors & Fragrances by 372.9% during the fourth 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 acquiring an additional 49,761 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on IFF shares. Citigroup reduced their target price on International Flavors & Fragrances from $110.00 to $105.00 and set a “buy” rating on the stock in a report on Wednesday, December 18th. Wells Fargo & Company reduced their target price on International Flavors & Fragrances from $115.00 to $105.00 and set an “overweight” rating on the stock in a report on Thursday, February 20th. Stifel Nicolaus dropped their price target on International Flavors & Fragrances from $113.00 to $105.00 and set a “buy” rating on the stock in a research note on Monday, February 3rd. Argus raised International Flavors & Fragrances from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th. Finally, Barclays dropped their price target on International Flavors & Fragrances from $90.00 to $88.00 and set an “equal weight” rating on the stock in a research note on Friday, January 17th. One 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. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $103.50.

International Flavors & Fragrances Price Performance

NYSE:IFF opened at $80.77 on Wednesday. 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 stock’s 50-day simple moving average is $83.38 and its 200 day simple moving average is $91.21. The company has a market cap of $20.65 billion, a P/E ratio of 85.93, a P/E/G ratio of 1.45 and a beta of 1.21. International Flavors & Fragrances Inc. has a 52-week low of $78.91 and a 52-week high of $106.77.

International Flavors & Fragrances (NYSE:IFF) last released its earnings results on Tuesday, February 18th. The specialty chemicals company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.14. The business had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.67 billion. International Flavors & Fragrances had a return on equity of 7.72% and a net margin of 2.12%. As a group, sell-side analysts forecast that International Flavors & Fragrances Inc. will post 4.32 EPS for the current fiscal year.

International Flavors & Fragrances Announces Dividend

The firm also recently declared 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. This represents a $1.60 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date of this dividend is Friday, March 21st. International Flavors & Fragrances’s dividend payout ratio (DPR) is presently 170.21%.

Insiders Place Their Bets

In other International Flavors & Fragrances news, Director Kevin O’byrne purchased 6,500 shares of the stock in a transaction on Wednesday, March 5th. The shares were purchased at an average price of $80.44 per share, with a total value of $522,860.00. Following the completion of the transaction, the director now directly owns 6,500 shares in the company, valued at $522,860. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.20% of the company’s stock.

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.