Dimensional Fund Advisors LP Has $164.63 Million Holdings in International Flavors & Fragrances Inc. (NYSE:IFF)

Dimensional Fund Advisors LP lifted its position in International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) by 9.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,947,308 shares of the specialty chemicals company's stock after purchasing an additional 173,194 shares during the quarter. Dimensional Fund Advisors LP owned 0.76% of International Flavors & Fragrances worth $164,634,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in IFF. Compagnie Lombard Odier SCmA increased its holdings in shares of International Flavors & Fragrances by 11.1% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 114,179 shares of the specialty chemicals company's stock worth $9,654,000 after buying an additional 11,406 shares in the last quarter. Choreo LLC lifted its position in International Flavors & Fragrances by 55.7% during the 4th quarter. Choreo LLC now owns 24,401 shares of the specialty chemicals company's stock worth $2,055,000 after buying an additional 8,728 shares in the last quarter. Covea Finance grew its holdings in International Flavors & Fragrances by 79.0% during the 4th quarter. Covea Finance now owns 123,090 shares of the specialty chemicals company's stock worth $10,407,000 after acquiring an additional 54,340 shares during the last quarter. U.S. Capital Wealth Advisors LLC acquired a new position in shares of International Flavors & Fragrances during the fourth quarter worth approximately $7,508,000. Finally, S.E.E.D. Planning Group LLC increased its holdings in shares of International Flavors & Fragrances by 372.9% in the fourth quarter. S.E.E.D. Planning Group LLC now owns 63,104 shares of the specialty chemicals company's stock valued at $5,335,000 after purchasing an additional 49,761 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company's stock.

International Flavors & Fragrances Stock Up 1.0 %

Shares of International Flavors & Fragrances stock traded up $0.80 during trading hours on Tuesday, reaching $77.09. 204,461 shares of the company's stock were exchanged, compared to its average volume of 1,530,270. The company has a 50 day moving average of $77.03 and a two-hundred day moving average of $85.15. 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 current ratio of 1.84, a quick ratio of 1.93 and a debt-to-equity ratio of 0.54. The stock has a market cap of $19.71 billion, a P/E ratio of 81.98, a P/E/G ratio of 1.45 and a beta of 1.21.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The specialty chemicals company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.14. International Flavors & Fragrances had a net margin of 2.12% and a return on equity of 7.72%. The company had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.67 billion. On average, sell-side analysts forecast that International Flavors & Fragrances Inc. will post 4.32 EPS for the current fiscal year.

International Flavors & Fragrances Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, March 21st were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.08%. The ex-dividend date was Friday, March 21st. International Flavors & Fragrances's dividend payout ratio (DPR) is currently 170.21%.

Insiders Place Their Bets

In related news, Director Kevin O'byrne purchased 6,500 shares of the firm's stock in a transaction that occurred on Wednesday, March 5th. The shares were bought at an average price 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 approximately $522,860. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.20% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on IFF. Wells Fargo & Company dropped their target price on International Flavors & Fragrances from $105.00 to $90.00 and set an "overweight" rating for the company in a research report on Wednesday, April 9th. Argus upgraded shares of International Flavors & Fragrances from a "hold" rating to a "buy" rating in a research report on Tuesday, January 7th. Mizuho lowered their price target on shares of International Flavors & Fragrances from $95.00 to $87.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. Morgan Stanley cut their price objective on shares of International Flavors & Fragrances from $106.00 to $100.00 and set an "overweight" rating on the stock in a report on Thursday, April 10th. Finally, Stifel Nicolaus dropped their target price 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, April 10th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $94.54.

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.