220,210 Shares in International Flavors & Fragrances Inc. $IFF Bought by Ruffer LLP

Ruffer LLP acquired a new stake in International Flavors & Fragrances Inc. (NYSE:IFF) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 220,210 shares of the specialty chemicals company’s stock, valued at approximately $13,552,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Dodge & Cox boosted its holdings in International Flavors & Fragrances by 3.8% during the second quarter. Dodge & Cox now owns 35,047,387 shares of the specialty chemicals company’s stock valued at $2,577,735,000 after acquiring an additional 1,272,780 shares during the period. Vanguard Group Inc. boosted its stake in International Flavors & Fragrances by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 30,880,203 shares of the specialty chemicals company’s stock valued at $2,271,239,000 after purchasing an additional 490,163 shares during the period. State Street Corp grew its holdings in International Flavors & Fragrances by 3.6% in the 2nd quarter. State Street Corp now owns 10,884,974 shares of the specialty chemicals company’s stock valued at $804,753,000 after buying an additional 381,593 shares during the last quarter. Geode Capital Management LLC increased its position in International Flavors & Fragrances by 1.9% in the 2nd quarter. Geode Capital Management LLC now owns 6,459,129 shares of the specialty chemicals company’s stock worth $473,036,000 after buying an additional 123,520 shares during the period. Finally, First Eagle Investment Management LLC boosted its position in shares of International Flavors & Fragrances by 122.1% in the second quarter. First Eagle Investment Management LLC now owns 5,441,094 shares of the specialty chemicals company’s stock valued at $400,192,000 after acquiring an additional 2,991,405 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

International Flavors & Fragrances Stock Down 1.4%

Shares of NYSE:IFF opened at $72.15 on Thursday. The company has a quick ratio of 0.87, a current ratio of 1.44 and a debt-to-equity ratio of 0.33. The company’s 50-day moving average price is $68.10 and its two-hundred day moving average price is $66.71. International Flavors & Fragrances Inc. has a 12 month low of $59.14 and a 12 month high of $88.00. The firm has a market cap of $18.48 billion, a P/E ratio of -44.54, a P/E/G ratio of 2.76 and a beta of 1.04.

International Flavors & Fragrances (NYSE:IFF) last announced its quarterly earnings data on Tuesday, November 4th. The specialty chemicals company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.03. International Flavors & Fragrances had a positive return on equity of 8.03% and a negative net margin of 3.72%.The firm had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.65 billion. During the same period last year, the company earned $1.04 EPS. The business’s quarterly revenue was down 7.9% compared to the same quarter last year. As a group, research analysts forecast that International Flavors & Fragrances Inc. will post 4.32 EPS for the current fiscal year.

Analysts Set New Price Targets

IFF has been the topic of a number of research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of International Flavors & Fragrances in a research report on Monday, December 29th. BNP Paribas Exane dropped their price objective on shares of International Flavors & Fragrances from $91.00 to $89.00 and set an “outperform” rating on the stock in a report on Tuesday, January 13th. Citigroup lifted their target price on International Flavors & Fragrances from $77.00 to $83.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. UBS Group upped their price target on International Flavors & Fragrances from $68.00 to $71.00 and gave the company a “neutral” rating in a report on Monday, January 12th. Finally, Barclays upped their target price on International Flavors & Fragrances from $75.00 to $78.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. Twelve analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $86.46.

International Flavors & Fragrances Profile

International Flavors & Fragrances Inc (NYSE:IFF) is a global leader in the creation and production of flavors, fragrances, cosmetic actives and nutritional lipids. The company develops taste and scent solutions for a wide array of end markets including food and beverage, personal care, household goods and pharmaceutical products. Its portfolio spans natural and nature-identical flavors, fine fragrances, functional ingredients for skin and hair care, and specialty oils that enhance nutritional value and sensory appeal.

IFF’s research and development network comprises innovation centers in North America, Europe, Asia-Pacific and Latin America, where multidisciplinary teams collaborate on aroma chemistry, sensory science and biotechnology.