Prospect Capital (PSEC) Reaches $6.26 After 5.00% Down Move; Northeast Financial Consultants Has Lowered Intl Flavors& Fragrances (IFF) Position

October 12, 2017 - By Maria Brooks

Northeast Financial Consultants Inc decreased Intl Flavors& Fragrances (IFF) stake by 14.56% reported in 2017Q2 SEC filing. Northeast Financial Consultants Inc sold 3,800 shares as Intl Flavors& Fragrances (IFF)’s stock rose 10.17%. The Northeast Financial Consultants Inc holds 22,305 shares with $3.01 million value, down from 26,105 last quarter. Intl Flavors& Fragrances now has $11.62 billion valuation. The stock declined 0.20% or $0.29 reaching $147.44 per share. About 30,366 shares traded. International Flavors & Fragrances Inc (NYSE:IFF) has risen 5.32% since October 12, 2016 and is uptrending. It has underperformed by 11.38% the S&P500.

The stock of Prospect Capital Corporation (NASDAQ:PSEC) is a huge mover today! About 3.55 million shares traded or 26.33% up from the average. Prospect Capital Corporation (NASDAQ:PSEC) has risen 10.36% since October 12, 2016 and is uptrending. It has underperformed by 6.34% the S&P500.The move comes after 7 months negative chart setup for the $2.26 billion company. It was reported on Oct, 12 by Barchart.com. We have $5.95 PT which if reached, will make NASDAQ:PSEC worth $113.00M less.

Among 16 analysts covering Internationa Flavors & Fragrances (NYSE:IFF), 7 have Buy rating, 1 Sell and 8 Hold. Therefore 44% are positive. Internationa Flavors & Fragrances had 28 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was downgraded by Barclays Capital to “Underweight” on Monday, January 9. The stock of International Flavors & Fragrances Inc (NYSE:IFF) earned “Buy” rating by Argus Research on Tuesday, August 16. On Thursday, October 1 the stock rating was upgraded by Edward Jones to “Buy”. Gabelli downgraded International Flavors & Fragrances Inc (NYSE:IFF) on Wednesday, August 10 to “Hold” rating. The firm earned “Outperform” rating on Monday, September 19 by Bernstein. BNP Paribas downgraded the stock to “Neutral” rating in Friday, January 6 report. The rating was maintained by UBS on Tuesday, August 11 with “Neutral”. The firm has “Overweight” rating given on Friday, August 21 by Morgan Stanley. UBS upgraded International Flavors & Fragrances Inc (NYSE:IFF) on Thursday, February 23 to “Buy” rating. The firm has “Neutral” rating by UBS given on Tuesday, August 9.

Analysts await International Flavors & Fragrances Inc (NYSE:IFF) to report earnings on November, 6. They expect $1.42 earnings per share, up 5.97% or $0.08 from last year’s $1.34 per share. IFF’s profit will be $111.91 million for 25.96 P/E if the $1.42 EPS becomes a reality. After $1.50 actual earnings per share reported by International Flavors & Fragrances Inc for the previous quarter, Wall Street now forecasts -5.33% negative EPS growth.

Investors sentiment decreased to 0.79 in Q2 2017. Its down 0.21, from 1 in 2017Q1. It dived, as 41 investors sold IFF shares while 161 reduced holdings. 46 funds opened positions while 113 raised stakes. 54.06 million shares or 2.72% less from 55.57 million shares in 2017Q1 were reported. 3,692 are held by Macquarie Grp Ltd. Guardian Life Of America accumulated 178 shares. Qs Invsts Ltd Liability Com holds 0% of its portfolio in International Flavors & Fragrances Inc (NYSE:IFF) for 2,828 shares. Signature Fincl Mngmt reported 0.11% of its portfolio in International Flavors & Fragrances Inc (NYSE:IFF). 21,550 were accumulated by Alpine Woods Cap Investors Ltd Liability Company. Fmr Lc accumulated 34,628 shares. Stifel owns 25,760 shares. Ontario Teachers Pension Plan Board invested in 60,956 shares. And Mngmt accumulated 1,000 shares or 0.04% of the stock. Employees Retirement Of Ohio reported 0.02% of its portfolio in International Flavors & Fragrances Inc (NYSE:IFF). Adage Prns Grp Ltd Liability stated it has 0.03% in International Flavors & Fragrances Inc (NYSE:IFF). Voya Ltd Company reported 0.02% in International Flavors & Fragrances Inc (NYSE:IFF). Patten Gp accumulated 120 shares or 0.01% of the stock. Geode Management Limited Com stated it has 0.04% of its portfolio in International Flavors & Fragrances Inc (NYSE:IFF). Bowen Hanes & invested 0.11% in International Flavors & Fragrances Inc (NYSE:IFF).

Northeast Financial Consultants Inc increased Vanguard World Funds (VFH) stake by 16,261 shares to 62,301 valued at $3.90M in 2017Q2. It also upped Vanguard Whitehall Fd (VYM) stake by 9,613 shares and now owns 228,371 shares. Spdr S&P 500 Large Cap Etf (SPY) was raised too.

Since April 28, 2017, it had 9 buys, and 2 sales for $33.47 million activity. The insider Winder Investment Pte Ltd bought $2.61M. Another trade for 300 shares valued at $41,595 was sold by Fortanet Francisco. Another trade for 1,233 shares valued at $161,486 was sold by MIRZAYANTZ NICOLAS.

Since May 12, 2017, it had 1 insider purchase, and 0 selling transactions for $35,847 activity. OSWALD BRIAN H also bought $35,847 worth of Prospect Capital Corporation (NASDAQ:PSEC) shares.

Prospect Capital Corporation is a financial services company. The company has market cap of $2.26 billion. The Firm primarily lends to and invests in middle market privately held companies. It has a 8.88 P/E ratio. The Firm is a closed-end investment company.

Investors sentiment decreased to 1.15 in Q2 2017. Its down 0.14, from 1.29 in 2017Q1. It is negative, as 25 investors sold Prospect Capital Corporation shares while 48 reduced holdings. 24 funds opened positions while 60 raised stakes. 51.61 million shares or 4.98% less from 54.32 million shares in 2017Q1 were reported. Cetera Advisors Limited Liability owns 66,790 shares. Utd Automobile Association owns 0.01% invested in Prospect Capital Corporation (NASDAQ:PSEC) for 404,000 shares. Boston Private Wealth Ltd Llc has 99,200 shares. Van Eck has invested 0.1% in Prospect Capital Corporation (NASDAQ:PSEC). Creative Planning stated it has 0.01% in Prospect Capital Corporation (NASDAQ:PSEC). Moreover, Bb&T Secs Ltd Co has 0% invested in Prospect Capital Corporation (NASDAQ:PSEC) for 10,021 shares. Enterprise Fincl invested 0.02% in Prospect Capital Corporation (NASDAQ:PSEC). Callahan Advsrs Limited stated it has 0.02% of its portfolio in Prospect Capital Corporation (NASDAQ:PSEC). Ontario – Canada-based Manufacturers Life Insur Company The has invested 0% in Prospect Capital Corporation (NASDAQ:PSEC). Raymond James Fincl Services Advsrs holds 224,985 shares. Raymond James Trust Na reported 20,050 shares. Moody Bancorporation Trust Division holds 0.02% in Prospect Capital Corporation (NASDAQ:PSEC) or 47,600 shares. Summit Securities Grp Inc Ltd Liability reported 0.03% of its portfolio in Prospect Capital Corporation (NASDAQ:PSEC). Colorado-based Paragon Mgmt has invested 0.11% in Prospect Capital Corporation (NASDAQ:PSEC). Kistler owns 6,927 shares for 0.03% of their portfolio.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Twitter Auto Publish Powered By : XYZScripts.com