2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. trimmed its stake in International Flavors & Fragrances Inc. ( NYSE:IFF – Free Report ) by 8.
0% in the fourth quarter, HoldingsChannel reports. The firm owned 80,879 shares of the specialty chemicals company’s stock after selling 6,996 shares during the period. Russell Investments Group Ltd.
’s holdings in International Flavors & Fragrances were worth $6,829,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also recently bought and sold shares of IFF. UMB Bank n.
a. grew its stake in shares of International Flavors & Fragrances by 8.9% in the 4th quarter.
UMB Bank n.a. now owns 1,458 shares of the specialty chemicals company’s stock valued at $123,000 after buying an additional 119 shares during the period.
Truist Financial Corp increased its holdings in shares of International Flavors & Fragrances by 0.7% during the fourth quarter. Truist Financial Corp now owns 19,908 shares of the specialty chemicals company’s stock valued at $1,683,000 after acquiring an additional 129 shares in the last quarter.
United Community Bank raised its position in shares of International Flavors & Fragrances by 19.4% during the fourth quarter. United Community Bank now owns 925 shares of the specialty chemicals company’s stock worth $78,000 after purchasing an additional 150 shares during the period.
Principal Securities Inc. lifted its holdings in shares of International Flavors & Fragrances by 36.6% in the 4th quarter.
Principal Securities Inc. now owns 638 shares of the specialty chemicals company’s stock worth $54,000 after purchasing an additional 171 shares in the last quarter. Finally, Greenwich Wealth Management LLC grew its holdings in shares of International Flavors & Fragrances by 1.
1% during the fourth quarter. Greenwich Wealth Management LLC now owns 15,449 shares of the specialty chemicals company’s stock valued at $1,306,000 after buying an additional 175 shares during the last quarter. 96.
02% of the stock is owned by institutional investors. International Flavors & Fragrances Stock Up 2.6 % IFF stock opened at $73.
24 on Monday. The stock has a fifty day moving average of $79.41 and a 200-day moving average of $87.
33. International Flavors & Fragrances Inc. has a fifty-two week low of $65.
85 and a fifty-two week high of $106.77. The company has a market capitalization of $18.
73 billion, a price-to-earnings ratio of 77.92, a PEG ratio of 1.45 and a beta of 1.
21. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.
93 and a current ratio of 1.84. International Flavors & Fragrances Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Friday, April 11th.
Shareholders of record on Friday, March 21st were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, March 21st.
This represents a $1.60 annualized dividend and a dividend yield of 2.18%.
International Flavors & Fragrances’s dividend payout ratio is currently 170.21%. Insider Transactions at International Flavors & Fragrances In other news, Director Kevin O’byrne acquired 6,500 shares of the business’s stock in a transaction dated Wednesday, March 5th.
The stock was bought at an average cost of $80.44 per share, for a total transaction of $522,860.00.
Following the completion of the transaction, the director now owns 6,500 shares of the company’s stock, valued at $522,860. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link .
Corporate insiders own 0.17% of the company’s stock. Wall Street Analyst Weigh In A number of equities analysts have issued reports on IFF shares.
Argus upgraded International Flavors & Fragrances from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th. Citigroup lowered their price target on International Flavors & Fragrances from $99.00 to $84.
00 and set a “buy” rating for the company in a research report on Tuesday, April 8th. Oppenheimer cut their price objective on shares of International Flavors & Fragrances from $114.00 to $104.
00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. Barclays dropped their price target on shares of International Flavors & Fragrances from $83.00 to $82.
00 and set an “equal weight” rating on the stock in a research report on Thursday, March 27th. Finally, Stifel Nicolaus reduced their price objective on shares of International Flavors & Fragrances from $105.00 to $91.
00 and set a “buy” rating for the company in a research report on Thursday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have given a buy rating to the company. According to MarketBeat.
com, the stock currently has an average rating of “Moderate Buy” and an average price target of $98.69. Get Our Latest Report on IFF International Flavors & Fragrances Profile ( Free Report ) 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. Recommended Stories Want to see what other hedge funds are holding IFF? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for International Flavors & Fragrances Inc. ( NYSE:IFF – Free Report ). Receive News & Ratings for International Flavors & Fragrances Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Flavors & Fragrances and related companies with MarketBeat.
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