BKM Wealth Management LLC Reduces Holdings in International Flavors & Fragrances Inc. (NYSE:IFF)

BKM Wealth Management LLC cut its position in International Flavors & Fragrances Inc. (NYSE:IFF) by 3.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,102 shares of the specialty chemicals company’s stock after selling 134 shares during the quarter. BKM Wealth Management LLC’s holdings in International Flavors & Fragrances were worth $347,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Exchange Traded Concepts LLC increased its position in shares of International Flavors & Fragrances by 1,109.4% during the third quarter. Exchange Traded Concepts LLC now owns 774 shares of the specialty chemicals company’s stock worth $81,000 after acquiring an additional 710 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in International Flavors & Fragrances by 2.2% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 28,461 shares of the specialty chemicals company’s stock worth $2,986,000 after purchasing an additional 616 shares during the last quarter. Blue Trust Inc. raised its position in shares of International Flavors & Fragrances by 76.6% in the 3rd quarter. Blue Trust Inc. now owns 3,329 shares of the specialty chemicals company’s stock valued at $349,000 after purchasing an additional 1,444 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of International Flavors & Fragrances by 196.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 37,910 shares of the specialty chemicals company’s stock valued at $3,978,000 after buying an additional 25,107 shares during the last quarter. Finally, Koss Olinger Consulting LLC grew its position in shares of International Flavors & Fragrances by 0.9% during the third quarter. Koss Olinger Consulting LLC now owns 14,517 shares of the specialty chemicals company’s stock worth $1,523,000 after buying an additional 128 shares in the last quarter. 96.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

IFF has been the topic of a number of research analyst reports. Stifel Nicolaus reduced their price objective on shares of International Flavors & Fragrances from $113.00 to $105.00 and set a “buy” rating on the stock in a research note on Monday, February 3rd. UBS Group increased their price target on shares of International Flavors & Fragrances from $108.00 to $111.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Vertical Research raised International Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $109.00 price objective for the company in a report on Thursday, November 7th. Citigroup reduced their target price on International Flavors & Fragrances from $110.00 to $105.00 and set a “buy” rating on the stock in a report on Wednesday, December 18th. Finally, Argus raised International Flavors & Fragrances from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $107.77.

International Flavors & Fragrances Stock Performance

IFF opened at $85.60 on Tuesday. The business has a fifty day simple moving average of $85.18 and a 200-day simple moving average of $93.80. The firm has a market cap of $21.89 billion, a PE ratio of -9.42, a P/E/G ratio of 1.54 and a beta of 1.19. The company has a quick ratio of 1.93, a current ratio of 2.62 and a debt-to-equity ratio of 0.58. International Flavors & Fragrances Inc. has a fifty-two week low of $72.94 and a fifty-two week high of $106.77.

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.