Carmignac Gestion Holds Stake in Chemocentryx (CCXI); International Flavors & Fragra (IFF) Market Value Rose While Btim Lifted by $1.09 Million Its Stake

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

Carmignac Gestion increased its stake in Chemocentryx Inc (CCXI) by 26.83% based on its latest 2018Q3 regulatory filing with the SEC. Carmignac Gestion bought 275,273 shares as the company’s stock declined 9.75% with the market. The institutional investor held 1.30 million shares of the health care company at the end of 2018Q3, valued at $16.45 million, up from 1.03M at the end of the previous reported quarter. Carmignac Gestion who had been investing in Chemocentryx Inc for a number of months, seems to be bullish on the $596.71 million market cap company. The stock increased 1.29% or $0.15 during the last trading session, reaching $11.81. About 256,548 shares traded. ChemoCentryx, Inc. (NASDAQ:CCXI) has risen 69.59% since February 12, 2018 and is uptrending. It has outperformed by 69.59% the S&P500. Some Historical CCXI News: 09/03/2018 – CHEMOCENTRYX INC QUARTERLY SHR $0.80; 31/03/2018 – ChemoCentryx Conference Set By H.C. Wainwright for Apr. 8-10; 13/03/2018 – CHEMOCENTRYX INC CCXI.O : JP MORGAN RAISES TARGET PRICE TO $16 FROM $13; 09/05/2018 – ChemoCentryx 1Q Loss/Shr 19c; 22/03/2018 – ChemoCentryx Publishes Novel Findings of Role of CCR2 in Kidney Glomerulus, Supporting Advancement of CCR2 Inhibitor CCX140 in; 09/03/2018 – CCXI PLANS TO START DEVT AVACOPAN IN HIDRADENITIS SUPPURATIVA; 20/04/2018 – DJ Chemocentryx Inc, Inst Holders, 1Q 2018 (CCXI); 09/03/2018 – ChemoCentryx Expects to Utilize Between $65M-$75M Cash and Investments in FY18; 09/03/2018 – ChemoCentryx 4Q Net $39.7M; 03/04/2018 – ChemoCentryx Presenting at Conference Apr 9

Btim Corp increased its stake in International Flavors & Fragra (IFF) by 8.12% based on its latest 2018Q3 regulatory filing with the SEC. Btim Corp bought 7,858 shares as the company’s stock rose 7.03% while stock markets declined. The institutional investor held 104,660 shares of the basic industries company at the end of 2018Q3, valued at $14.56M, up from 96,802 at the end of the previous reported quarter. Btim Corp who had been investing in International Flavors & Fragra for a number of months, seems to be bullish on the $15.42 billion market cap company. The stock increased 1.00% or $1.43 during the last trading session, reaching $144.62. About 224,315 shares traded. International Flavors & Fragrances Inc. (NYSE:IFF) has declined 10.15% since February 12, 2018 and is downtrending. It has underperformed by 10.15% the S&P500. Some Historical IFF News: 23/05/2018 – Fintel Insider Buying Report: QTS Realty Trust, Inc. (QTS), International Flavors & Fragrances, Inc (IFF), And Others; 02/05/2018 – IFF Declares Dividend for Second Quarter 2018; 07/05/2018 – IFF and Frutarom Expect Transaction to Be Double-Digit Accretive to Adjusted Cash Earnings Per Share in Second Full Year; 07/05/2018 – IFF Acquires Frutarom in Biggest Flavor Deal Worth $7.1 Billion; 11/04/2018 – IFF Celebrates Positive Transformational Change in 2017 Report; 15/05/2018 – IFF NEEDS TO EDUCATE U.S. INVESTORS ABOUT FRUTAROM: IFF CEO; 07/05/2018 – IFF: 5-6 YEARS TO RECOVER FRUTAROM CAPITAL COST ON CASH BASIS; 07/05/2018 – IFF TO BUY FRUTAROM IN DEAL WORTH ABOUT $7.1B; 06/03/2018 IFF Declares Dividend for First Quarter 2018; 17/05/2018 – $7.1 Billion IFF/Frutarom Deal Will Create the 2nd Largest Flavors & Fragrances Firm – Freedonia Analysis

Since October 16, 2018, it had 0 insider buys, and 8 insider sales for $87.64 million activity. $86,554 worth of ChemoCentryx, Inc. (NASDAQ:CCXI) shares were sold by Schall Thomas J.. 7.34 million ChemoCentryx, Inc. (NASDAQ:CCXI) shares with value of $85.85M were sold by GLAXOSMITHKLINE PLC. On Tuesday, January 22 KANAYA SUSAN M sold $457,747 worth of ChemoCentryx, Inc. (NASDAQ:CCXI) or 37,893 shares.

Investors sentiment decreased to 0.98 in 2018 Q3. Its down 0.61, from 1.59 in 2018Q2. It is negative, as 14 investors sold CCXI shares while 29 reduced holdings. 13 funds opened positions while 29 raised stakes. 26.80 million shares or 1.64% more from 26.37 million shares in 2018Q2 were reported. Bancorporation Of New York Mellon Corporation invested in 0% or 126,848 shares. 19,000 are owned by State Of Wisconsin Inv Board. Keybank National Association Oh has 22,655 shares for 0% of their portfolio. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment, a Alberta – Canada-based fund reported 47,900 shares. Moreover, Jpmorgan Chase And has 0% invested in ChemoCentryx, Inc. (NASDAQ:CCXI). Bvf Il invested in 6.77 million shares. Ameritas Invest has 0% invested in ChemoCentryx, Inc. (NASDAQ:CCXI) for 2,120 shares. Moreover, Barclays Public Limited Liability has 0% invested in ChemoCentryx, Inc. (NASDAQ:CCXI). Ameriprise accumulated 134,387 shares or 0% of the stock. Nantahala Cap Mgmt Llc reported 643,338 shares or 0.22% of all its holdings. Carmignac Gestion has invested 0.14% in ChemoCentryx, Inc. (NASDAQ:CCXI). National Bank Of Montreal Can holds 130,682 shares or 0% of its portfolio. Citadel Advsrs Limited Liability Corporation holds 0% or 50,701 shares in its portfolio. Sectoral Asset Mngmt holds 17,811 shares. Vanguard Group holds 0% of its portfolio in ChemoCentryx, Inc. (NASDAQ:CCXI) for 1.33M shares.

More notable recent ChemoCentryx, Inc. (NASDAQ:CCXI) news were published by: Seekingalpha.com which released: “ChemoCentryx launches $75M stock offering – Seeking Alpha” on September 26, 2018, also Seekingalpha.com with their article: “ChemoCentryx 2018 Q2 – Results – Earnings Call Slides – Seeking Alpha” published on August 10, 2018, Livetradingnews.com published: “The Street’s Key Stock Analysts Research Reports – Live Trading News” on February 12, 2019. More interesting news about ChemoCentryx, Inc. (NASDAQ:CCXI) were released by: Seekingalpha.com and their article: “Chemocentryx secures $20M capital raise – Seeking Alpha” published on January 31, 2019 as well as Globenewswire.com‘s news article titled: “ChemoCentryx Reports Third Quarter 2018 Financial Results and Recent Highlights – GlobeNewswire” with publication date: November 08, 2018.

Among 9 analysts covering ChemoCentryx (NASDAQ:CCXI), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. ChemoCentryx had 13 analyst reports since September 3, 2015 according to SRatingsIntel. JP Morgan downgraded ChemoCentryx, Inc. (NASDAQ:CCXI) rating on Tuesday, August 14. JP Morgan has “Neutral” rating and $15 target. JMP Securities maintained ChemoCentryx, Inc. (NASDAQ:CCXI) rating on Thursday, August 10. JMP Securities has “Buy” rating and $1300 target. Canaccord Genuity maintained the shares of CCXI in report on Monday, November 12 with “Buy” rating. The firm has “Mkt Outperform” rating given on Tuesday, February 21 by JMP Securities. JP Morgan maintained the shares of CCXI in report on Tuesday, March 13 with “Overweight” rating. Cowen & Co maintained the stock with “Hold” rating in Tuesday, August 8 report. The rating was downgraded by Zacks on Monday, September 21 to “Sell”. The stock of ChemoCentryx, Inc. (NASDAQ:CCXI) has “Sell” rating given on Thursday, September 3 by Zacks.

Carmignac Gestion, which manages about $11.80 billion US Long portfolio, decreased its stake in Facebook Inc (NASDAQ:FB) by 494,187 shares to 2.70 million shares, valued at $443.41 million in 2018Q3, according to the filing. It also reduced its holding in Geopark Ltd by 151,712 shares in the quarter, leaving it with 544,091 shares, and cut its stake in Graftech International Ltd.

Btim Corp, which manages about $7.26 billion US Long portfolio, decreased its stake in Corvel Corp (NASDAQ:CRVL) by 7,371 shares to 130,407 shares, valued at $7.86 million in 2018Q3, according to the filing. It also reduced its holding in Oceaneering Intl Inc (NYSE:OII) by 25,335 shares in the quarter, leaving it with 262,991 shares, and cut its stake in Horace Mann Educators Corp New (NYSE:HMN).

Since September 17, 2018, it had 32 insider purchases, and 2 insider sales for $562.26 million activity. 439 International Flavors & Fragrances Inc. (NYSE:IFF) shares with value of $62,470 were sold by Fortanet Francisco.

More notable recent International Flavors & Fragrances Inc. (NYSE:IFF) news were published by: Seekingalpha.com which released: “IFF announces pricing of common stock and tangible equity unit offerings – Seeking Alpha” on September 13, 2018, also Seekingalpha.com with their article: “IFF announces public offerings ahead of merger deal – Seeking Alpha” published on September 10, 2018, Fool.com published: “Here’s Why Shares of International Flavors & Fragrances Collapsed Today – The Motley Fool” on May 07, 2018. More interesting news about International Flavors & Fragrances Inc. (NYSE:IFF) were released by: Globenewswire.com and their article: “Detailed Research: Economic Perspectives on Yum China, Tractor Supply, International Flavors & Fragrances, MacroGenics, Teekay Tankers, and WEX — What Drives Growth in Today’s Competitive Landscape – GlobeNewswire” published on February 04, 2019 as well as Businesswire.com‘s news article titled: “IFF Celebrates Completion of Frutarom Combination with Ringing of NYSE Opening Bell – Business Wire” with publication date: October 08, 2018.

Among 19 analysts covering Internationa Flavors & Fragrances (NYSE:IFF), 8 have Buy rating, 3 Sell and 8 Hold. Therefore 42% are positive. Internationa Flavors & Fragrances had 48 analyst reports since August 11, 2015 according to SRatingsIntel. Deutsche Bank maintained it with “Hold” rating and $139 target in Thursday, August 10 report. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, June 11. As per Tuesday, August 11, the company rating was maintained by UBS. The rating was downgraded by J.P. Morgan to “Sell” on Friday, March 16. The firm has “Overweight” rating by Morgan Stanley given on Friday, August 21. The stock has “Neutral” rating by UBS on Tuesday, August 9. As per Tuesday, November 7, the company rating was maintained by UBS. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, August 9 report. The firm earned “Buy” rating on Thursday, October 1 by Edward Jones. The firm has “Outperform” rating given on Wednesday, January 17 by Evercore.

Investors sentiment increased to 1.92 in Q3 2018. Its up 0.89, from 1.03 in 2018Q2. It improved, as 25 investors sold IFF shares while 108 reduced holdings. 82 funds opened positions while 173 raised stakes. 61.76 million shares or 20.47% more from 51.27 million shares in 2018Q2 were reported. Moreover, Intrust Bank & Trust Na has 0.12% invested in International Flavors & Fragrances Inc. (NYSE:IFF) for 3,338 shares. Jupiter Asset Mngmt Ltd holds 48,796 shares or 0.19% of its portfolio. Oppenheimer Asset Management holds 0.1% or 31,647 shares. Raab And Moskowitz Asset Mgmt Limited Company has invested 0.02% in International Flavors & Fragrances Inc. (NYSE:IFF). Liberty Mutual Gru Asset Mngmt Inc invested in 0.01% or 3,155 shares. Rhode Island-based Washington Tru has invested 0.04% in International Flavors & Fragrances Inc. (NYSE:IFF). Greenleaf Trust stated it has 0% in International Flavors & Fragrances Inc. (NYSE:IFF). 3,955 were reported by Commerce Commercial Bank. Fifth Third Fincl Bank has 6,888 shares for 0.01% of their portfolio. Natixis LP holds 0.03% in International Flavors & Fragrances Inc. (NYSE:IFF) or 26,225 shares. M&T National Bank Corporation reported 0% stake. Saturna Cap holds 5,142 shares. Creative Planning has 0% invested in International Flavors & Fragrances Inc. (NYSE:IFF). 7,559 are held by Dekabank Deutsche Girozentrale. Dimensional Fund Advsrs LP stated it has 0.01% of its portfolio in International Flavors & Fragrances Inc. (NYSE:IFF).

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


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