International Flavors & Fragrances Inc. (NYSE:IFF) Shares Bought by Crumly & Associates Inc.

Crumly & Associates Inc. boosted its holdings in shares of International Flavors & Fragrances Inc. (NYSE:IFF) by 4.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,590 shares of the specialty chemicals company’s stock after acquiring an additional 191 shares during the quarter. Crumly & Associates Inc.’s holdings in International Flavors & Fragrances were worth $388,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Point72 Hong Kong Ltd acquired a new stake in International Flavors & Fragrances during the third quarter worth $42,000. Eastern Bank purchased a new position in shares of International Flavors & Fragrances during the third quarter worth $46,000. Ashton Thomas Securities LLC purchased a new position in shares of International Flavors & Fragrances during the third quarter worth $48,000. Principal Securities Inc. boosted its position in shares of International Flavors & Fragrances by 36.6% during the fourth quarter. Principal Securities Inc. now owns 638 shares of the specialty chemicals company’s stock worth $54,000 after buying an additional 171 shares during the period. Finally, Catalyst Capital Advisors LLC purchased a new position in shares of International Flavors & Fragrances during the third quarter worth $67,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

International Flavors & Fragrances Stock Down 2.1 %

Shares of NYSE IFF opened at $80.24 on Friday. The company has a market capitalization of $20.51 billion, a price-to-earnings ratio of 85.36, a price-to-earnings-growth ratio of 1.48 and a beta of 1.19. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.84 and a quick ratio of 1.93. The business has a 50-day moving average of $84.86 and a two-hundred day moving average of $93.55. International Flavors & Fragrances Inc. has a 1 year low of $72.94 and a 1 year high of $106.77.

International Flavors & Fragrances (NYSE:IFF) last posted its earnings results on Tuesday, February 18th. The specialty chemicals company reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.14. International Flavors & Fragrances had a return on equity of 7.72% and a net margin of 2.12%. The business had revenue of $2.77 billion for the quarter, compared to analysts’ expectations of $2.67 billion. On average, analysts forecast that International Flavors & Fragrances Inc. will post 4.35 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Wells Fargo & Company lowered their price target on International Flavors & Fragrances from $115.00 to $105.00 and set an “overweight” rating for the company in a research report on Thursday. Vertical Research upgraded International Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $109.00 price target for the company in a research report on Thursday, November 7th. Oppenheimer decreased their target price on International Flavors & Fragrances from $114.00 to $104.00 and set an “outperform” rating for the company in a report on Thursday. Citigroup decreased their target price on International Flavors & Fragrances from $110.00 to $105.00 and set a “buy” rating for the company in a report on Wednesday, December 18th. Finally, UBS Group lifted their target price on International Flavors & Fragrances from $108.00 to $111.00 and gave the company a “neutral” rating in a report on Wednesday, November 6th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat, International Flavors & Fragrances presently 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.