International Flavors & Fragrances (IFF) has been a topic of interest amid various investment moves and financial reviews. The company's insider, Angela Strzelecki, sold 2,588 shares while Teachers Retirement System of Kentucky holds a stock position worth $11.34 million. Despite a streak of underperformance compared to its competitors, IFF was recognised as a top momentum stock for the long-term. Other institutions have taken substantial positions in IFF, notably Bayesian Capital Management which invested $9.32 million and Clearfield Capital Management with a $28.77 million position. However, the sale of 2,688 shares by Allianz Asset Management, nearly 230,000 shares by Caden Capital Partners, and 170,831 shares by Goldman Sachs Group solicit caution. In other developments, IFF signed a deal to sell its pharma solutions while its Q1 earnings beat expectations but witnessed a sales dip. Widespread analysis of IFF presented a conflicted outlook amid debt risks, and the reduction in its dividend to $0.40, alongside strategic SWOT insights into the controversial biotech company. Finally, the firm's quarterly earnings were hit with mixed reactions.
International Flavors Fragrances IFF News Analytics from Wed, 20 Sep 2023 07:00:00 GMT to Sun, 16 Jun 2024 17:53:30 GMT -
Rating -3
- Innovation 0
- Information 6
- Rumor -4
