Harel Insurance coverage Investments & Monetary Providers Ltd. boosted its place in Worldwide Flavors & Fragrances Inc. (NYSE:IFF – Get Ranking) by 88,100.0% through the third quarter, based on the corporate in its most up-to-date disclosure with the Securities & Trade Fee. The fund owned 882 shares of the specialty chemical compounds firm’s inventory after shopping for a further 881 shares through the interval. Harel Insurance coverage Investments & Monetary Providers Ltd.’s holdings in Worldwide Flavors & Fragrances have been value $81,000 as of its most up-to-date submitting with the Securities & Trade Fee.
Different hedge funds have additionally purchased and bought shares of the corporate. Covestor Ltd lifted its place in shares of Worldwide Flavors & Fragrances by 48.8% through the 1st quarter. Covestor Ltd now owns 244 shares of the specialty chemical compounds firm’s inventory valued at $32,000 after shopping for a further 80 shares within the final quarter. Riverview Belief Co raised its stake in Worldwide Flavors & Fragrances by 64.1% within the third quarter. Riverview Belief Co now owns 274 shares of the specialty chemical compounds firm’s inventory valued at $25,000 after buying a further 107 shares over the last quarter. Asset Dedication LLC acquired a brand new stake in shares of Worldwide Flavors & Fragrances within the third quarter value $25,000. EverSource Wealth Advisors LLC elevated its stake in shares of Worldwide Flavors & Fragrances by 209.6% within the 2nd quarter. EverSource Wealth Advisors LLC now owns 322 shares of the specialty chemical compounds firm’s inventory value $38,000 after buying a further 218 shares over the last quarter. Lastly, CX Institutional acquired a brand new stake in shares of Worldwide Flavors & Fragrances within the 2nd quarter value $60,000. Hedge funds and different institutional traders personal 88.86% of the corporate’s inventory.
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Wall Avenue Analysts Forecast Progress
Various brokerages just lately commented on IFF. Robert W. Baird lowered their goal worth on Worldwide Flavors & Fragrances from $140.00 to $120.00 and set an “outperform” ranking for the corporate in a report on Wednesday, November ninth. Stifel Nicolaus decreased their worth goal on Worldwide Flavors & Fragrances from $153.00 to $130.00 in a analysis observe on Thursday, October thirteenth. StockNews.com raised Worldwide Flavors & Fragrances from a “promote” ranking to a “maintain” ranking in a analysis report on Wednesday. Societe Generale lower their goal worth on Worldwide Flavors & Fragrances from $170.00 to $145.00 and set a “purchase” ranking on the inventory in a analysis report on Wednesday, November ninth. Lastly, Barclays raised their goal worth on Worldwide Flavors & Fragrances from $83.00 to $89.00 and gave the inventory an “underweight” ranking in a analysis report on Monday, December twelfth. Two funding analysts have rated the inventory with a promote ranking, six have assigned a maintain ranking and 9 have given a purchase ranking to the corporate’s inventory. Based mostly on information from MarketBeat.com, the corporate presently has a median ranking of “Maintain” and a median worth goal of $122.00.
Worldwide Flavors & Fragrances Inventory Up 0.3 %
IFF opened at $115.60 on Friday. The enterprise’s fifty day shifting common is $103.55 and its two-hundred day shifting common is $107.11. The corporate has a debt-to-equity ratio of 0.61, a fast ratio of 0.93 and a present ratio of 1.79. The corporate has a market cap of $29.47 billion, a price-to-earnings ratio of -16.80, a PEG ratio of 4.01 and a beta of 1.03. Worldwide Flavors & Fragrances Inc. has a one yr low of $83.14 and a one yr excessive of $147.82.
Worldwide Flavors & Fragrances (NYSE:IFF – Get Ranking) final posted its earnings outcomes on Monday, November seventh. The specialty chemical compounds firm reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.06. The corporate had income of $3.06 billion for the quarter, in comparison with the consensus estimate of $3.03 billion. Worldwide Flavors & Fragrances had a constructive return on fairness of seven.31% and a destructive internet margin of 13.91%. Analysts anticipate that Worldwide Flavors & Fragrances Inc. will put up 5.54 EPS for the present fiscal yr.
Worldwide Flavors & Fragrances Dividend Announcement
The enterprise additionally just lately declared a quarterly dividend, which was paid on Friday, January sixth. Stockholders of report on Wednesday, December twenty eighth have been issued a $0.81 dividend. The ex-dividend date was Tuesday, December twenty seventh. This represents a $3.24 dividend on an annualized foundation and a dividend yield of two.80%. Worldwide Flavors & Fragrances’s dividend payout ratio (DPR) is -47.09%.
Worldwide Flavors & Fragrances Firm Profile
Worldwide Flavors & Fragrances Inc, along with its subsidiaries, manufactures and sells beauty lively and pure well being elements to be used in numerous client merchandise in Europe, Africa, the Center East, Larger Asia, North America, and Latin America. It operates by way of Nourish, Scent, Well being & Biosciences, and Pharma Options segments.
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Wish to see what different hedge funds are holding IFF? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Worldwide Flavors & Fragrances Inc. (NYSE:IFF – Get Ranking).
This immediate information alert was generated by narrative science expertise and monetary information from MarketBeat to be able to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
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