Rothschild Investment LLC Has $113,000 Position in International Flavors & Fragrances Inc. (NYSE:IFF)

Rothschild Investment LLC lowered its position in International Flavors & Fragrances Inc. (NYSE:IFF) by 11.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,338 shares of the specialty chemicals company’s stock after selling 166 shares during the quarter. Rothschild Investment LLC’s holdings in International Flavors & Fragrances were worth $113,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of IFF. Van ECK Associates Corp lifted its stake 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 worth $478,912,000 after buying an additional 1,663,629 shares during the last quarter. Nordea Investment Management AB raised its stake in International Flavors & Fragrances by 25.7% in the 4th 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 in the last quarter. Robeco Institutional Asset Management B.V. raised its stake in International Flavors & Fragrances by 70.9% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 708,081 shares of the specialty chemicals company’s stock worth $74,299,000 after purchasing an additional 293,760 shares in the last quarter. Smith Group Asset Management LLC acquired a new stake in International Flavors & Fragrances in the 3rd quarter worth about $22,399,000. Finally, State Street Corp raised its stake in International Flavors & Fragrances by 1.9% in 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 in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

International Flavors & Fragrances Trading Up 0.9 %

IFF opened at $80.30 on Wednesday. International Flavors & Fragrances Inc. has a fifty-two week low of $72.94 and a fifty-two week high of $106.77. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.84 and a quick ratio of 1.93. The firm has a market capitalization of $20.53 billion, a price-to-earnings ratio of 85.43, a PEG ratio of 1.45 and a beta of 1.19. The company’s 50 day moving average price is $84.43 and its two-hundred day moving average price is $93.20.

International Flavors & Fragrances (NYSE:IFF) 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 net margin of 2.12% and a return on equity of 7.72%. The firm had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.67 billion. As a group, research analysts predict that International Flavors & Fragrances Inc. will post 4.32 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Oppenheimer dropped their price objective on shares of International Flavors & Fragrances from $114.00 to $104.00 and set an “outperform” rating for the company in a research note on Thursday, February 20th. Wells Fargo & Company dropped their price objective on shares of International Flavors & Fragrances from $115.00 to $105.00 and set an “overweight” rating for the company in a research note on Thursday, February 20th. Stifel Nicolaus decreased their target price on shares of International Flavors & Fragrances from $113.00 to $105.00 and set a “buy” rating on the stock in a report on Monday, February 3rd. JPMorgan Chase & Co. decreased their target price on shares of International Flavors & Fragrances from $107.00 to $104.00 and set an “overweight” rating on the stock in a report on Thursday, February 20th. Finally, Vertical Research raised shares of International Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $109.00 target price on the stock in a report on Thursday, November 7th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat.com, International Flavors & Fragrances currently has a consensus rating of “Moderate Buy” and an average price target of $103.50.

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.