3,131 Shares in International Flavors & Fragrances Inc. (NYSE:IFF) Purchased by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC acquired a new stake in International Flavors & Fragrances Inc. (NYSE:IFF) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 3,131 shares of the specialty chemicals company’s stock, valued at approximately $265,000.

A number of other institutional investors have also bought and sold shares of the business. Pictet North America Advisors SA increased its holdings in shares of International Flavors & Fragrances by 3.1% in the third quarter. Pictet North America Advisors SA now owns 3,275 shares of the specialty chemicals company’s stock valued at $344,000 after purchasing an additional 99 shares during the last quarter. Integrated Advisors Network LLC raised its holdings in shares of International Flavors & Fragrances by 1.9% during the 3rd quarter. Integrated Advisors Network LLC now owns 5,720 shares of the specialty chemicals company’s stock worth $600,000 after acquiring an additional 107 shares during the period. CWM LLC boosted its position in shares of International Flavors & Fragrances by 1.7% during the 3rd quarter. CWM LLC now owns 6,540 shares of the specialty chemicals company’s stock valued at $686,000 after acquiring an additional 109 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of International Flavors & Fragrances by 8.9% in the fourth quarter. UMB Bank n.a. now owns 1,458 shares of the specialty chemicals company’s stock valued at $123,000 after purchasing an additional 119 shares during the period. Finally, Huntington National Bank increased its position in International Flavors & Fragrances by 3.1% during the third quarter. Huntington National Bank now owns 4,095 shares of the specialty chemicals company’s stock worth $430,000 after purchasing an additional 124 shares during the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

International Flavors & Fragrances Price Performance

Shares of IFF opened at $85.19 on Wednesday. The company has a market cap of $21.78 billion, a P/E ratio of -9.37, a PEG ratio of 1.54 and a beta of 1.19. International Flavors & Fragrances Inc. has a fifty-two week low of $72.94 and a fifty-two week high of $106.77. The company has a quick ratio of 1.93, a current ratio of 2.62 and a debt-to-equity ratio of 0.58. The firm’s 50 day moving average price is $85.47 and its 200 day moving average price is $94.19.

Analysts Set New Price Targets

A number of analysts have recently issued reports on IFF shares. Barclays cut their price target on shares of International Flavors & Fragrances from $90.00 to $88.00 and set an “equal weight” rating for the company in a report on Friday, January 17th. Vertical Research upgraded International Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $109.00 target price on the stock in a research report on Thursday, November 7th. UBS Group increased their price target on International Flavors & Fragrances from $108.00 to $111.00 and gave the stock a “neutral” rating in a report on Wednesday, November 6th. Argus upgraded shares of International Flavors & Fragrances from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Finally, Morgan Stanley raised shares of International Flavors & Fragrances from an “equal weight” rating to an “overweight” rating and lowered their target price for the stock from $111.00 to $110.00 in a research note on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, International Flavors & Fragrances currently has a consensus rating of “Moderate Buy” and a consensus target price of $107.77.

International Flavors & Fragrances 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.