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Exchange Traded Concepts LLC Increases Holdings in International Flavors & Fragrances Inc. $IFF
Exchange Traded Concepts LLC significantly increased its stake in International Flavors & Fragrances Inc. (IFF) by 122.1%, acquiring an additional 57,779 shares. This move brings their total holdings to 105,097 shares, valued at approximately $7.08 million. Concurrently, Director Paul J. Fribourg also increased his ownership by 6.23%, purchasing 142,000 shares for about $9.96 million. The company maintains a “Moderate Buy” consensus rating from analysts with a target price of $90.09 and has announced a quarterly dividend of $0.40 per share.