Rothschild Investment LLC Invests $141,000 in International Flavors & Fragrances Inc. (NYSE:IFF)

Rothschild Investment LLC bought a new stake in shares of International Flavors & Fragrances Inc. (NYSE:IFF) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,486 shares of the specialty chemicals company’s stock, valued at approximately $141,000.

Other institutional investors have also bought and sold shares of the company. Riverview Trust Co purchased a new position in International Flavors & Fragrances during the 1st quarter worth $27,000. Quent Capital LLC boosted its holdings in International Flavors & Fragrances by 183.2% during the first quarter. Quent Capital LLC now owns 371 shares of the specialty chemicals company’s stock worth $32,000 after purchasing an additional 240 shares during the last quarter. Family Firm Inc. purchased a new stake in International Flavors & Fragrances in the 2nd quarter valued at about $38,000. Principal Securities Inc. bought a new position in shares of International Flavors & Fragrances during the 4th quarter worth approximately $43,000. Finally, Fidelis Capital Partners LLC bought a new position in shares of International Flavors & Fragrances during the 1st quarter worth approximately $44,000. Institutional investors own 96.02% of the company’s stock.

Insider Transactions at International Flavors & Fragrances

In related news, insider Angela Strzelecki sold 2,588 shares of International Flavors & Fragrances stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $95.66, for a total transaction of $247,568.08. Following the completion of the sale, the insider now owns 8,539 shares of the company’s stock, valued at $816,840.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.20% of the company’s stock.

International Flavors & Fragrances Stock Performance

Shares of IFF opened at $103.58 on Wednesday. International Flavors & Fragrances Inc. has a 52-week low of $62.28 and a 52-week high of $105.30. The stock’s 50-day simple moving average is $97.89 and its 200 day simple moving average is $91.47. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.75 and a current ratio of 2.38. The stock has a market capitalization of $26.48 billion, a price-to-earnings ratio of -10.60, a price-to-earnings-growth ratio of 1.87 and a beta of 1.26.

International Flavors & Fragrances (NYSE:IFF) last announced its quarterly earnings results on Tuesday, August 6th. The specialty chemicals company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.15. The firm had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $2.83 billion. International Flavors & Fragrances had a negative net margin of 20.82% and a positive return on equity of 6.63%. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.86 earnings per share. Research analysts forecast that International Flavors & Fragrances Inc. will post 4.21 EPS for the current fiscal year.

International Flavors & Fragrances Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 9th. Stockholders of record on Friday, September 20th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, September 20th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.54%. International Flavors & Fragrances’s dividend payout ratio (DPR) is currently -16.38%.

Analysts Set New Price Targets

A number of brokerages recently commented on IFF. Oppenheimer initiated coverage on International Flavors & Fragrances in a research report on Friday, June 7th. They set an “outperform” rating and a $116.00 price target for the company. Stifel Nicolaus upgraded International Flavors & Fragrances from a “hold” rating to a “buy” rating and lifted their target price for the stock from $95.00 to $115.00 in a research note on Monday, July 22nd. Barclays boosted their price target on shares of International Flavors & Fragrances from $82.00 to $93.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 8th. Wells Fargo & Company lifted their price objective on shares of International Flavors & Fragrances from $110.00 to $115.00 and gave the stock an “overweight” rating in a research report on Thursday, August 8th. Finally, Robert W. Baird increased their target price on shares of International Flavors & Fragrances from $100.00 to $110.00 and gave the company an “outperform” rating in a research report on Wednesday, May 8th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, International Flavors & Fragrances currently has a consensus rating of “Hold” and a consensus target price of $103.27.

International Flavors & Fragrances Profile

International Flavors & Fragrances Inc, together with its subsidiaries, manufactures and sells cosmetic active and natural health ingredients for use in various consumer products in the United States, Europe, and internationally. It operates through four segments: Nourish, Health & Biosciences, Scent, and Pharma Solutions.