Internationa Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd acquired 100,000 shares of the firm’s stock in a transaction dated Thursday, August 3rd. The stock was purchased at an average cost of $133.35 per share, with a total value of $13,335,000.00. Following the transaction, the insider now owns 10,019,211 shares in the company, valued at $1,336,061,786.85. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Winder Investment Pte Ltd also recently made the following trade(s):

  • On Wednesday, August 2nd, Winder Investment Pte Ltd acquired 80,000 shares of Internationa Flavors & Fragrances stock. The stock was purchased at an average cost of $133.99 per share, with a total value of $10,719,200.00.
  • On Monday, July 31st, Winder Investment Pte Ltd acquired 80,000 shares of Internationa Flavors & Fragrances stock. The stock was purchased at an average cost of $133.27 per share, with a total value of $10,661,600.00.
  • On Tuesday, August 1st, Winder Investment Pte Ltd acquired 18,214 shares of Internationa Flavors & Fragrances stock. The stock was purchased at an average cost of $134.30 per share, with a total value of $2,446,140.20.
  • On Friday, July 28th, Winder Investment Pte Ltd acquired 79,204 shares of Internationa Flavors & Fragrances stock. The stock was purchased at an average cost of $133.18 per share, with a total value of $10,548,388.72.
  • On Thursday, July 27th, Winder Investment Pte Ltd acquired 80,000 shares of Internationa Flavors & Fragrances stock. The stock was purchased at an average cost of $133.67 per share, with a total value of $10,693,600.00.
  • On Wednesday, July 26th, Winder Investment Pte Ltd acquired 80,000 shares of Internationa Flavors & Fragrances stock. The stock was purchased at an average cost of $133.36 per share, with a total value of $10,668,800.00.
  • On Tuesday, July 25th, Winder Investment Pte Ltd acquired 40,000 shares of Internationa Flavors & Fragrances stock. The stock was purchased at an average cost of $133.74 per share, with a total value of $5,349,600.00.
  • On Monday, July 24th, Winder Investment Pte Ltd acquired 40,000 shares of Internationa Flavors & Fragrances stock. The stock was purchased at an average cost of $132.30 per share, with a total value of $5,292,000.00.
  • On Tuesday, July 18th, Winder Investment Pte Ltd acquired 28,000 shares of Internationa Flavors & Fragrances stock. The stock was purchased at an average cost of $134.96 per share, with a total value of $3,778,880.00.
  • On Monday, July 17th, Winder Investment Pte Ltd acquired 23,000 shares of Internationa Flavors & Fragrances stock. The stock was purchased at an average cost of $133.94 per share, with a total value of $3,080,620.00.

Shares of Internationa Flavors & Fragrances, Inc. (IFF) traded up 0.35% during mid-day trading on Friday, reaching $134.80. 354,693 shares of the company’s stock traded hands. The company has a market cap of $10.65 billion, a P/E ratio of 26.81 and a beta of 1.11. The firm has a 50-day moving average of $134.28 and a 200 day moving average of $130.75. Internationa Flavors & Fragrances, Inc. has a 12-month low of $113.16 and a 12-month high of $143.64.

Internationa Flavors & Fragrances (NYSE:IFF) last posted its quarterly earnings results on Monday, May 8th. The specialty chemicals company reported $1.52 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.51 by $0.01. The company had revenue of $828.30 million during the quarter, compared to analyst estimates of $833.73 million. Internationa Flavors & Fragrances had a net margin of 12.72% and a return on equity of 26.75%. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.45 earnings per share. Equities analysts forecast that Internationa Flavors & Fragrances, Inc. will post $5.75 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 6th. Investors of record on Monday, September 25th will be given a dividend of $0.69 per share. The ex-dividend date of this dividend is Friday, September 22nd. This represents a $2.76 annualized dividend and a yield of 2.05%. This is a positive change from Internationa Flavors & Fragrances’s previous quarterly dividend of $0.64. Internationa Flavors & Fragrances’s dividend payout ratio is presently 50.89%.

ILLEGAL ACTIVITY WARNING: “Insider Buying: Internationa Flavors & Fragrances, Inc. (NYSE:IFF) Major Shareholder Acquires 100,000 Shares of Stock” was reported by Daily Political and is the property of of Daily Political. If you are reading this news story on another website, it was copied illegally and republished in violation of U.S. and international copyright law. The original version of this news story can be accessed at https://www.dailypolitical.com/2017/08/05/insider-buying-internationa-flavors-fragrances-inc-nyseiff-major-shareholder-acquires-100000-shares-of-stock.html.

A number of research analysts have recently commented on IFF shares. Zacks Investment Research downgraded shares of Internationa Flavors & Fragrances from a “hold” rating to a “sell” rating in a research report on Tuesday, April 18th. Vertical Research downgraded shares of Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research report on Tuesday, May 9th. Deutsche Bank AG lifted their price objective on shares of Internationa Flavors & Fragrances from $125.00 to $132.00 and gave the company a “hold” rating in a research report on Wednesday, May 10th. BidaskClub downgraded shares of Internationa Flavors & Fragrances from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 9th. Finally, Raymond James Financial, Inc. initiated coverage on shares of Internationa Flavors & Fragrances in a research report on Friday, July 7th. They issued a “market perform” rating for the company. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and six have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $139.22.

A number of institutional investors have recently bought and sold shares of the stock. YorkBridge Wealth Partners LLC raised its position in Internationa Flavors & Fragrances by 25.3% in the first quarter. YorkBridge Wealth Partners LLC now owns 723 shares of the specialty chemicals company’s stock valued at $100,000 after buying an additional 146 shares during the last quarter. TrimTabs Asset Management LLC acquired a new position in shares of Internationa Flavors & Fragrances during the first quarter worth $122,000. Cornerstone Advisors Inc. raised its position in shares of Internationa Flavors & Fragrances by 30.2% in the second quarter. Cornerstone Advisors Inc. now owns 1,056 shares of the specialty chemicals company’s stock worth $143,000 after buying an additional 245 shares in the last quarter. Van ECK Associates Corp raised its position in shares of Internationa Flavors & Fragrances by 7.2% in the first quarter. Van ECK Associates Corp now owns 1,167 shares of the specialty chemicals company’s stock worth $155,000 after buying an additional 78 shares in the last quarter. Finally, Cohen Capital Management Inc. acquired a new position in shares of Internationa Flavors & Fragrances during the first quarter worth $172,000. Institutional investors own 84.33% of the company’s stock.

About Internationa 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.

Insider Buying and Selling by Quarter for Internationa Flavors & Fragrances (NYSE:IFF)

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