Dean Capital Management Purchases 3,488 Shares of International Flavors & Fragrances Inc. (NYSE:IFF)

Dean Capital Management grew its position in shares of International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) by 17.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,373 shares of the specialty chemicals company's stock after acquiring an additional 3,488 shares during the period. Dean Capital Management's holdings in International Flavors & Fragrances were worth $1,976,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. SBI Securities Co. Ltd. bought a new stake in shares of International Flavors & Fragrances in the 4th quarter worth approximately $32,000. Fairway Wealth LLC bought a new stake in International Flavors & Fragrances in the fourth quarter valued at $34,000. Rialto Wealth Management LLC purchased a new position in International Flavors & Fragrances during the 4th quarter valued at $42,000. Principal Securities Inc. lifted its position 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 during the period. Finally, Sugar Maple Asset Management LLC bought a new stake in shares of International Flavors & Fragrances during the 4th quarter valued at about $78,000. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at International Flavors & Fragrances

In other news, Director Kevin O'byrne bought 6,500 shares of the stock in a transaction dated Wednesday, March 5th. The shares were acquired at an average price of $80.44 per share, with a total value of $522,860.00. Following the completion of the acquisition, the director now directly owns 6,500 shares in the company, valued at approximately $522,860. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Citigroup decreased their price objective on International Flavors & Fragrances from $99.00 to $84.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Oppenheimer lowered their price target on shares of International Flavors & Fragrances from $104.00 to $89.00 and set an "outperform" rating for the company in a research report on Tuesday, April 22nd. JPMorgan Chase & Co. cut their price objective on shares of International Flavors & Fragrances from $107.00 to $104.00 and set an "overweight" rating on the stock in a report on Thursday, February 20th. Wells Fargo & Company lowered their target price on shares of International Flavors & Fragrances from $105.00 to $90.00 and set an "overweight" rating for the company in a report on Wednesday, April 9th. Finally, Mizuho cut their price target on International Flavors & Fragrances from $95.00 to $87.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 15th. 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 stock. Based on data from MarketBeat.com, International Flavors & Fragrances currently has a consensus rating of "Moderate Buy" and an average price target of $94.54.

International Flavors & Fragrances Stock Performance

Shares of International Flavors & Fragrances stock opened at $79.24 on Wednesday. The company has a quick ratio of 1.93, a current ratio of 1.84 and a debt-to-equity ratio of 0.54. The firm has a market cap of $20.26 billion, a PE ratio of 84.30, a price-to-earnings-growth ratio of 1.45 and a beta of 1.08. The business's fifty day simple moving average is $76.82 and its 200-day simple moving average is $84.18. International Flavors & Fragrances Inc. has a 52 week low of $65.85 and a 52 week high of $106.77.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The specialty chemicals company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.12 by $0.08. International Flavors & Fragrances had a net margin of 2.12% and a return on equity of 7.72%. The business had revenue of $2.84 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same quarter in the previous year, the firm posted $1.13 earnings per share. The company's quarterly revenue was down 1.9% compared to the same quarter last year. Equities analysts forecast that International Flavors & Fragrances Inc. will post 4.32 earnings per share for the current year.

International Flavors & Fragrances Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Friday, June 20th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 2.02%. The ex-dividend date of this dividend is Friday, June 20th. International Flavors & Fragrances's dividend payout ratio (DPR) is 170.21%.

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.

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