Robeco Schweiz AG Sells 14,733 Shares of International Flavors & Fragrances Inc. (NYSE:IFF)

Robeco Schweiz AG lowered its stake in shares of International Flavors & Fragrances Inc. (NYSE:IFF) by 14.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,309 shares of the specialty chemicals company’s stock after selling 14,733 shares during the quarter. Robeco Schweiz AG’s holdings in International Flavors & Fragrances were worth $7,128,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of IFF. Point72 Hong Kong Ltd purchased a new position in International Flavors & Fragrances in the third quarter valued at about $42,000. Ashton Thomas Securities LLC bought a new stake in International Flavors & Fragrances during the 3rd quarter worth approximately $48,000. Principal Securities Inc. lifted its stake in 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. Catalyst Capital Advisors LLC bought a new position in International Flavors & Fragrances in the 3rd quarter valued at $67,000. Finally, Sugar Maple Asset Management LLC purchased a new position in shares of International Flavors & Fragrances during the 4th quarter valued at $78,000. 96.02% of the stock is currently owned by institutional investors.

International Flavors & Fragrances Stock Performance

NYSE IFF opened at $80.56 on Thursday. The company has a 50-day simple moving average of $84.33 and a two-hundred day simple moving average of $93.11. International Flavors & Fragrances Inc. has a 12-month low of $72.94 and a 12-month high of $106.77. The firm has a market cap of $20.60 billion, a price-to-earnings ratio of 85.70, a PEG ratio of 1.45 and a beta of 1.19. The company has a quick ratio of 1.93, a current ratio of 1.84 and a debt-to-equity ratio of 0.54.

International Flavors & Fragrances (NYSE:IFF) last issued its earnings results on Tuesday, February 18th. The specialty chemicals company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.14. The company had revenue of $2.77 billion during the quarter, compared to analysts’ expectations of $2.67 billion. International Flavors & Fragrances had a return on equity of 7.72% and a net margin of 2.12%. On average, equities analysts forecast that International Flavors & Fragrances Inc. will post 4.32 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on IFF shares. JPMorgan Chase & Co. reduced their target price on International Flavors & Fragrances from $107.00 to $104.00 and set an “overweight” rating for the company in a research report on Thursday, February 20th. Stifel Nicolaus cut their price objective 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. Wells Fargo & Company decreased their price objective on shares of International Flavors & Fragrances from $115.00 to $105.00 and set an “overweight” rating on the stock in a research report on Thursday, February 20th. Morgan Stanley upgraded shares of International Flavors & Fragrances from an “equal weight” rating to an “overweight” rating and dropped their target price for the company from $111.00 to $110.00 in a research report on Tuesday, November 12th. Finally, UBS Group increased their price target on shares of International Flavors & Fragrances from $108.00 to $111.00 and gave the stock a “neutral” rating in a report on Wednesday, November 6th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus 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.