International Flavors & Fragrances Inc. (NYSE:IFF) Shares Bought by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. lifted its stake in shares of International Flavors & Fragrances Inc. (NYSE:IFF) by 27.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 123,631 shares of the specialty chemicals company’s stock after purchasing an additional 26,357 shares during the period. Asset Management One Co. Ltd.’s holdings in International Flavors & Fragrances were worth $10,458,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Northwest Investment Counselors LLC acquired a new position in shares of International Flavors & Fragrances during the 3rd quarter worth approximately $27,000. Point72 Hong Kong Ltd acquired a new position in shares of International Flavors & Fragrances during the 3rd quarter worth approximately $42,000. Oakworth Capital Inc. acquired a new position in shares of International Flavors & Fragrances during the 3rd quarter worth approximately $44,000. Eastern Bank acquired a new position in shares of International Flavors & Fragrances during the 3rd quarter worth approximately $46,000. Finally, Ashton Thomas Securities LLC acquired a new position in shares of International Flavors & Fragrances during the 3rd quarter worth approximately $48,000. 96.02% of the stock is currently owned by institutional investors and hedge funds.

International Flavors & Fragrances Stock Down 0.5 %

Shares of NYSE IFF opened at $85.60 on Tuesday. The firm has a market cap of $21.89 billion, a price-to-earnings ratio of -9.42, a PEG ratio of 1.54 and a beta of 1.19. 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 52-week low of $72.94 and a 52-week high of $106.77. The business’s 50 day moving average is $85.18 and its two-hundred day moving average is $93.80.

Analyst Ratings Changes

IFF has been the topic of several recent research reports. Morgan Stanley upgraded International Flavors & Fragrances from an “equal weight” rating to an “overweight” rating and lowered their target price for the stock from $111.00 to $110.00 in a report on Tuesday, November 12th. Vertical Research raised shares of International Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $109.00 price target on the stock in a research report on Thursday, November 7th. Barclays reduced their price target 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. UBS Group lifted their price target 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. Finally, Stifel Nicolaus reduced their price target on shares of International Flavors & Fragrances from $113.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $107.77.

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.