International Flavors&Frag. (IFF) Holder Fairfield Bush & Company Has Decreased Holding by $1.57 Million; Cornerstone Capital Management Holdings Increases Holding in Honeywell International (HON)

May 27, 2018 - By Hugh Holland

International Flavors & Fragrances Inc. (NYSE:IFF) Logo

Cornerstone Capital Management Holdings Llc increased its stake in Honeywell International Inc (HON) by 16.73% based on its latest 2017Q4 regulatory filing with the SEC. Cornerstone Capital Management Holdings Llc bought 35,843 shares as the company’s stock declined 5.96% with the market. The institutional investor held 250,133 shares of the o.e.m. company at the end of 2017Q4, valued at $38.36 million, up from 214,290 at the end of the previous reported quarter. Cornerstone Capital Management Holdings Llc who had been investing in Honeywell International Inc for a number of months, seems to be bullish on the $112.53B market cap company. The stock decreased 0.28% or $0.42 during the last trading session, reaching $150.66. About 1.93M shares traded. Honeywell International Inc. (NYSE:HON) has risen 15.94% since May 27, 2017 and is uptrending. It has outperformed by 4.39% the S&P500.

Fairfield Bush & Company decreased its stake in International Flavors&Frag. (IFF) by 19.62% based on its latest 2017Q4 regulatory filing with the SEC. Fairfield Bush & Company sold 10,328 shares as the company’s stock declined 11.22% with the market. The institutional investor held 42,319 shares of the basic industries company at the end of 2017Q4, valued at $6.46 million, down from 52,647 at the end of the previous reported quarter. Fairfield Bush & Company who had been investing in International Flavors&Frag. for a number of months, seems to be less bullish one the $9.90B market cap company. The stock increased 0.34% or $0.43 during the last trading session, reaching $125.39. About 1.01 million shares traded or 49.76% up from the average. International Flavors & Fragrances Inc. (NYSE:IFF) has risen 2.14% since May 27, 2017 and is uptrending. It has underperformed by 9.41% the S&P500.

More important recent International Flavors & Fragrances Inc. (NYSE:IFF) news were published by: Seekingalpha.com which released: “IFF to merge with Frutarom” on May 07, 2018, also Seekingalpha.com published article titled: “Look For Broken Stocks On Tepid Market Days – Cramer’s Mad Money (5/22/18)”, Seekingalpha.com published: “Trade War Relief Rally – Cramer’s Mad Money (5/21/18)” on May 22, 2018. More interesting news about International Flavors & Fragrances Inc. (NYSE:IFF) was released by: Businesswire.com and their article: “IFF to Release First Quarter 2018 Results May 7” with publication date: April 30, 2018.

Analysts await International Flavors & Fragrances Inc. (NYSE:IFF) to report earnings on August, 14. They expect $1.63 EPS, up 8.67% or $0.13 from last year’s $1.5 per share. IFF’s profit will be $128.66 million for 19.23 P/E if the $1.63 EPS becomes a reality. After $1.69 actual EPS reported by International Flavors & Fragrances Inc. for the previous quarter, Wall Street now forecasts -3.55% negative EPS growth.

Among 18 analysts covering Internationa Flavors & Fragrances (NYSE:IFF), 8 have Buy rating, 2 Sell and 8 Hold. Therefore 44% are positive. Internationa Flavors & Fragrances had 42 analyst reports since August 11, 2015 according to SRatingsIntel. Bernstein initiated International Flavors & Fragrances Inc. (NYSE:IFF) on Monday, September 19 with “Outperform” rating. On Monday, January 25 the stock rating was downgraded by Stifel Nicolaus to “Hold”. The rating was downgraded by BNP Paribas on Friday, January 6 to “Neutral”. The rating was maintained by Deutsche Bank with “Hold” on Thursday, February 15. Berenberg initiated the shares of IFF in report on Wednesday, July 20 with “Buy” rating. The stock of International Flavors & Fragrances Inc. (NYSE:IFF) has “Buy” rating given on Tuesday, August 16 by Argus Research. On Friday, August 21 the stock rating was upgraded by Morgan Stanley to “Overweight”. The stock of International Flavors & Fragrances Inc. (NYSE:IFF) earned “Hold” rating by Stifel Nicolaus on Tuesday, November 8. The rating was maintained by UBS on Tuesday, August 11 with “Neutral”. Gabelli downgraded International Flavors & Fragrances Inc. (NYSE:IFF) on Wednesday, August 10 to “Hold” rating.

Investors sentiment is 1.08 in 2017 Q4. Its the same as in 2017Q3. It is without change, as 19 investors sold IFF shares while 153 reduced holdings. only 45 funds opened positions while 141 raised stakes. 53.54 million shares or 0.12% more from 53.47 million shares in 2017Q3 were reported. Kbc Grp Nv stated it has 0.09% of its portfolio in International Flavors & Fragrances Inc. (NYSE:IFF). State Common Retirement Fund holds 283,396 shares. Hl Financial Limited Company reported 1,328 shares. Stratos Wealth Prns invested in 3,616 shares or 0.02% of the stock. Cutler Investment Counsel Ltd Liability reported 1,900 shares. Meeder Asset Management holds 98 shares. The California-based Eqis Capital Mngmt has invested 0.02% in International Flavors & Fragrances Inc. (NYSE:IFF). Kentucky Retirement holds 0.05% or 4,870 shares. Nelson Van Denburg & Campbell Wealth Mgmt Grp Inc Lc accumulated 963 shares. 24,670 are held by Pnc Financial Services Grp Incorporated Inc. 129,400 are owned by Renaissance Ltd Liability Corporation. British Columbia Investment Management Corp invested 0.04% of its portfolio in International Flavors & Fragrances Inc. (NYSE:IFF). Green Valley Invsts Ltd Liability Com reported 210,014 shares. Washington Tru Retail Bank holds 3,317 shares or 0.07% of its portfolio. North Dakota-based Bell National Bank & Trust has invested 0.08% in International Flavors & Fragrances Inc. (NYSE:IFF).

Since February 14, 2018, it had 18 insider purchases, and 4 sales for $227.99 million activity. $646,009 worth of International Flavors & Fragrances Inc. (NYSE:IFF) shares were bought by Winder Investment Pte Ltd. Fortanet Francisco sold $85,590 worth of stock or 603 shares. Shares for $117,990 were bought by BOTTOLI MARCELLO.

Fairfield Bush & Company, which manages about $437.54 million and $362.85 million US Long portfolio, upped its stake in Neogen Corporation (NASDAQ:NEOG) by 6,171 shares to 92,411 shares, valued at $7.60 million in 2017Q4, according to the filing. It also increased its holding in Pepsico Inc. (NYSE:PEP) by 2,638 shares in the quarter, for a total of 61,457 shares, and has risen its stake in Royal Bank Of Canada (NYSE:RY).

Investors sentiment decreased to 1.11 in 2017 Q4. Its down 0.03, from 1.14 in 2017Q3. It dropped, as 42 investors sold HON shares while 490 reduced holdings. 154 funds opened positions while 439 raised stakes. 531.30 million shares or 5.59% less from 562.75 million shares in 2017Q3 were reported. Amica Mutual stated it has 60,177 shares. Founders Securities Limited Co reported 3,067 shares or 0.16% of all its holdings. Tru Of Virginia Va has 0.05% invested in Honeywell International Inc. (NYSE:HON). First Republic Invest Inc reported 502,659 shares or 0.51% of all its holdings. Iberiabank Corp holds 0.59% of its portfolio in Honeywell International Inc. (NYSE:HON) for 24,562 shares. Johnson Counsel invested 0.14% in Honeywell International Inc. (NYSE:HON). Btr Cap Mngmt Incorporated has 5,300 shares. Texas Capital Bank & Trust Incorporated Tx invested 1.13% in Honeywell International Inc. (NYSE:HON). First Bancorporation Of Hutchinson holds 0.58% or 6,382 shares. Cypress Mngmt Limited Liability (Wy) owns 2,289 shares. Hodges Cap Mgmt owns 4,468 shares for 0.05% of their portfolio. First Pacific Advsr Ltd Llc invested in 0% or 2,800 shares. Yhb Investment Incorporated invested in 22,408 shares. Beese Fulmer Invest Mgmt accumulated 0.07% or 2,102 shares. Cohen Lawrence B invested in 2,700 shares.

Cornerstone Capital Management Holdings Llc, which manages about $11.46 billion and $14.30B US Long portfolio, decreased its stake in Alaska Air Group Inc (NYSE:ALK) by 11,084 shares to 23,135 shares, valued at $1.70 million in 2017Q4, according to the filing. It also reduced its holding in Firstcash Inc by 20,100 shares in the quarter, leaving it with 7,400 shares, and cut its stake in Allstate Corp (NYSE:ALL).

Among 21 analysts covering Honeywell International Inc. (NYSE:HON), 17 have Buy rating, 0 Sell and 4 Hold. Therefore 81% are positive. Honeywell International Inc. had 97 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Buy” rating by Oppenheimer on Monday, April 30. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, February 15. The firm earned “Buy” rating on Sunday, December 10 by Stifel Nicolaus. Stifel Nicolaus maintained Honeywell International Inc. (NYSE:HON) on Monday, January 29 with “Buy” rating. The firm earned “Buy” rating on Wednesday, December 13 by RBC Capital Markets. Jefferies maintained Honeywell International Inc. (NYSE:HON) on Sunday, January 28 with “Buy” rating. As per Thursday, October 6, the company rating was initiated by Robert W. Baird. As per Tuesday, July 21, the company rating was maintained by Argus Research. The company was maintained on Tuesday, October 20 by Argus Research. The stock of Honeywell International Inc. (NYSE:HON) earned “Buy” rating by Jefferies on Thursday, December 14.

More news for Honeywell International Inc. (NYSE:HON) were recently published by: Seekingalpha.com, which released: “Honeywell declares war on fixed costs” on May 22, 2018. Seekingalpha.com‘s article titled: “Trade War Relief Rally – Cramer’s Mad Money (5/21/18)” and published on May 22, 2018 is yet another important article.

Since February 14, 2018, it had 0 insider purchases, and 2 selling transactions for $874,731 activity. Shares for $448,440 were sold by PARDO JAIME CHICO /FA.

International Flavors & Fragrances Inc. (NYSE:IFF) Institutional Positions Chart

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