California First Leasing Corp Makes New Investment in International Flavors & Fragrances Inc. (NYSE:IFF)
From MarketBeat:
California First Leasing Corp acquired 24,750 shares of International Flavors & Fragrances Inc. during the 3rd quarter, valued at approximately $1,687,000. Other hedge funds and institutional investors also bought shares. The stock traded at $80.60 on Wednesday, with a market capitalization of $20.58 billion. The company reported earnings of $0.89 per share for the quarter.
International Flavors & Fragrances announced a quarterly dividend of $0.81 per share. If bought on December 27th, the dividend represents a 4.02% yield. The company’s payout ratio is currently 1,800.00%. Several analysts have issued reports on the company, with an average price target of $77.19.
Internation Flavors & Fragrances Inc. manufactures and sells cosmetic and health ingredients for consumer products. It operates through four segments: Nourish, Scent, Health & Biosciences, and Pharma Solutions. For the fastest and most accurate financial reporting, visit MarketBeat.
Read more: California First Leasing Corp Makes New Investment in International Flavors & Fragrances Inc. (NYSE:IFF)