Compagnie Lombard Odier SCmA Acquires 11,406 Shares of International Flavors & Fragrances Inc. (NYSE:IFF)

Compagnie Lombard Odier SCmA increased its position in shares of International Flavors & Fragrances Inc. (NYSE:IFF) by 11.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 114,179 shares of the specialty chemicals company’s stock after purchasing an additional 11,406 shares during the period. Compagnie Lombard Odier SCmA’s holdings in International Flavors & Fragrances were worth $9,654,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Northwest Investment Counselors LLC bought a new stake in shares of International Flavors & Fragrances during the third quarter valued at approximately $27,000. Point72 Hong Kong Ltd bought a new stake in shares of International Flavors & Fragrances during the third quarter valued at approximately $42,000. Oakworth Capital Inc. bought a new stake in shares of International Flavors & Fragrances during the third quarter valued at approximately $44,000. Eastern Bank bought a new stake in shares of International Flavors & Fragrances during the third quarter valued at approximately $46,000. Finally, Ashton Thomas Securities LLC bought a new stake in shares of International Flavors & Fragrances during the third quarter valued at approximately $48,000. 96.02% of the stock is currently owned by institutional investors.

International Flavors & Fragrances Price Performance

International Flavors & Fragrances stock opened at $86.02 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.93 and a current ratio of 2.62. The firm has a market cap of $21.99 billion, a P/E ratio of -9.46, a P/E/G ratio of 1.54 and a beta of 1.19. The business’s fifty day moving average is $85.32 and its two-hundred day moving average is $94.06. International Flavors & Fragrances Inc. has a 52 week low of $72.94 and a 52 week high of $106.77.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Barclays lowered their price objective on 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. Morgan Stanley raised International Flavors & Fragrances from an “equal weight” rating to an “overweight” rating and decreased their price target for the company from $111.00 to $110.00 in a research note on Tuesday, November 12th. Vertical Research raised International Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $109.00 price target on the stock in a research note on Thursday, November 7th. JPMorgan Chase & Co. decreased their price target on International Flavors & Fragrances from $110.00 to $107.00 and set an “overweight” rating on the stock in a research note on Thursday, November 7th. Finally, Stifel Nicolaus decreased 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. One 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, International Flavors & Fragrances has an average rating of “Moderate Buy” and an average target price 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.