44 Wealth Management LLC Has $431,000 Stock Holdings in International Flavors & Fragrances Inc. (NYSE:IFF)

44 Wealth Management LLC lowered its holdings in shares of International Flavors & Fragrances Inc. (NYSE:IFF) by 6.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 5,094 shares of the specialty chemicals company’s stock after selling 330 shares during the period. 44 Wealth Management LLC’s holdings in International Flavors & Fragrances were worth $431,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Integrated Advisors Network LLC raised its holdings in shares of International Flavors & Fragrances by 1.9% during the 3rd quarter. Integrated Advisors Network LLC now owns 5,720 shares of the specialty chemicals company’s stock worth $600,000 after buying an additional 107 shares in the last quarter. UMB Bank n.a. raised its holdings in shares of International Flavors & Fragrances by 8.9% during the 4th quarter. UMB Bank n.a. now owns 1,458 shares of the specialty chemicals company’s stock worth $123,000 after buying an additional 119 shares in the last quarter. Huntington National Bank raised its holdings in shares of International Flavors & Fragrances by 3.1% during the 3rd quarter. Huntington National Bank now owns 4,095 shares of the specialty chemicals company’s stock worth $430,000 after buying an additional 124 shares in the last quarter. Arete Wealth Advisors LLC increased its holdings in International Flavors & Fragrances by 4.2% in the 3rd quarter. Arete Wealth Advisors LLC now owns 3,061 shares of the specialty chemicals company’s stock worth $321,000 after purchasing an additional 124 shares in the last quarter. Finally, Truist Financial Corp increased its holdings in International Flavors & Fragrances by 0.7% in the 4th quarter. Truist Financial Corp now owns 19,908 shares of the specialty chemicals company’s stock worth $1,683,000 after purchasing an additional 129 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on IFF shares. UBS Group upped their target price on International Flavors & Fragrances from $108.00 to $111.00 and gave the stock a “neutral” rating in a report on Wednesday, November 6th. Stifel Nicolaus lowered their target price on International Flavors & Fragrances from $113.00 to $105.00 and set a “buy” rating for the company in a report on Monday, February 3rd. Cfra cut International Flavors & Fragrances from a “buy” rating to a “sell” rating and set a $77.00 target price for the company. in a report on Thursday. Morgan Stanley upgraded International Flavors & Fragrances from an “equal weight” rating to an “overweight” rating and reduced their price target for the company from $111.00 to $110.00 in a research report on Tuesday, November 12th. Finally, Oppenheimer reduced their price target on International Flavors & Fragrances from $114.00 to $104.00 and set an “outperform” rating on the stock in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $103.50.

International Flavors & Fragrances Stock Down 0.3 %

Shares of International Flavors & Fragrances stock opened at $79.92 on Friday. International Flavors & Fragrances Inc. has a one year low of $72.94 and a one year 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 stock’s 50-day moving average is $84.71 and its 200 day moving average is $93.43. The firm has a market cap of $20.43 billion, a price-to-earnings ratio of 85.02, a PEG ratio of 1.45 and a beta of 1.19.

International Flavors & Fragrances (NYSE:IFF) last posted its quarterly 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 return on equity of 7.72% and a net margin of 2.12%. The business had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.67 billion. Equities research analysts anticipate that International Flavors & Fragrances Inc. will post 4.32 EPS for the current year.

International Flavors & Fragrances 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.