International Flavors & Fragrances Inc (IFF) Shares Bought by Sentry Investment Management LLC

Sentry Investment Management LLC increased its holdings in shares of International Flavors & Fragrances Inc (NYSE:IFF) by 240.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,215 shares of the specialty chemicals company’s stock after buying an additional 4,388 shares during the quarter. Sentry Investment Management LLC’s holdings in International Flavors & Fragrances were worth $948,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Boston Common Asset Management LLC grew its stake in International Flavors & Fragrances by 4.9% in the fourth quarter. Boston Common Asset Management LLC now owns 35,431 shares of the specialty chemicals company’s stock valued at $5,407,000 after purchasing an additional 1,663 shares in the last quarter. Candriam Luxembourg S.C.A. grew its stake in International Flavors & Fragrances by 7.2% in the fourth quarter. Candriam Luxembourg S.C.A. now owns 7,688 shares of the specialty chemicals company’s stock valued at $1,173,000 after purchasing an additional 515 shares in the last quarter. Swiss National Bank grew its stake in International Flavors & Fragrances by 0.4% in the fourth quarter. Swiss National Bank now owns 321,864 shares of the specialty chemicals company’s stock valued at $49,120,000 after purchasing an additional 1,300 shares in the last quarter. California Public Employees Retirement System grew its stake in International Flavors & Fragrances by 5.3% in the fourth quarter. California Public Employees Retirement System now owns 183,371 shares of the specialty chemicals company’s stock valued at $27,984,000 after purchasing an additional 9,157 shares in the last quarter. Finally, Sarasin & Partners LLP grew its stake in International Flavors & Fragrances by 10.4% in the fourth quarter. Sarasin & Partners LLP now owns 27,292 shares of the specialty chemicals company’s stock valued at $4,165,000 after purchasing an additional 2,578 shares in the last quarter. Hedge funds and other institutional investors own 83.00% of the company’s stock.

International Flavors & Fragrances Inc (NYSE:IFF) opened at $143.06 on Wednesday. International Flavors & Fragrances Inc has a 12-month low of $117.07 and a 12-month high of $157.40. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.77 and a current ratio of 2.66. The firm has a market capitalization of $11,247.93, a PE ratio of 27.41, a P/E/G ratio of 2.60 and a beta of 1.11.

A number of research analysts have commented on the company. Zacks Investment Research upgraded International Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $175.00 target price on the stock in a research note on Tuesday, January 9th. Evercore ISI upgraded International Flavors & Fragrances from an “in-line” rating to an “outperform” rating in a research note on Wednesday, January 17th. Berenberg Bank restated a “buy” rating and issued a $160.00 target price on shares of International Flavors & Fragrances in a research note on Friday, November 10th. Finally, UBS Group reiterated a “buy” rating and set a $166.00 price target (up previously from $151.00) on shares of International Flavors & Fragrances in a research note on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $150.71.

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About International Flavors & Fragrances

International Flavors & Fragrances Inc creates, manufactures and supplies flavors and fragrances (including cosmetic active ingredients) used to impart or improve flavor or fragrance in a range of consumer products. The Company operates in two segments: Flavors and Fragrances. The Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food and sweet products.

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Institutional Ownership by Quarter for International Flavors & Fragrances (NYSE:IFF)

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