Amundi Increases Holdings in Sensient Technologies Co. (NYSE:SXT)

Amundi boosted its stake in shares of Sensient Technologies Co. (NYSE:SXT - Free Report) by 187.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,983 shares of the specialty chemicals company's stock after buying an additional 14,331 shares during the quarter. Amundi owned approximately 0.05% of Sensient Technologies worth $1,550,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in SXT. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Sensient Technologies in the 4th quarter worth approximately $25,000. Jones Financial Companies Lllp lifted its position in shares of Sensient Technologies by 18,766.7% during the 4th quarter. Jones Financial Companies Lllp now owns 566 shares of the specialty chemicals company's stock valued at $40,000 after buying an additional 563 shares during the last quarter. R Squared Ltd bought a new position in shares of Sensient Technologies during the 4th quarter worth $65,000. Smartleaf Asset Management LLC increased its holdings in Sensient Technologies by 152.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,123 shares of the specialty chemicals company's stock worth $80,000 after acquiring an additional 678 shares during the last quarter. Finally, KBC Group NV raised its stake in Sensient Technologies by 77.3% in the 4th quarter. KBC Group NV now owns 1,787 shares of the specialty chemicals company's stock valued at $127,000 after acquiring an additional 779 shares during the period. Hedge funds and other institutional investors own 90.86% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Sensient Technologies from a "hold" rating to a "buy" rating in a research note on Friday, March 14th.

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Sensient Technologies Stock Performance

Shares of Sensient Technologies stock traded down $1.36 during trading hours on Friday, reaching $72.75. The company had a trading volume of 613,620 shares, compared to its average volume of 169,137. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.55 and a quick ratio of 1.34. Sensient Technologies Co. has a one year low of $66.15 and a one year high of $82.99. The firm has a market cap of $3.08 billion, a PE ratio of 24.74 and a beta of 0.71. The business has a fifty day simple moving average of $72.99 and a 200 day simple moving average of $75.20.

Sensient Technologies (NYSE:SXT - Get Free Report) last posted its earnings results on Friday, February 14th. The specialty chemicals company reported $0.65 earnings per share for the quarter, beating analysts' consensus estimates of $0.64 by $0.01. Sensient Technologies had a return on equity of 11.93% and a net margin of 8.01%. The business had revenue of $376.40 million during the quarter, compared to analyst estimates of $375.10 million. During the same quarter in the previous year, the firm earned $0.51 EPS. The company's quarterly revenue was up 7.8% compared to the same quarter last year. On average, analysts anticipate that Sensient Technologies Co. will post 3.1 earnings per share for the current fiscal year.

Sensient Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 4th were paid a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend was Tuesday, February 4th. Sensient Technologies's dividend payout ratio is presently 55.78%.

Sensient Technologies Profile

Sensient Technologies Corporation, together with its subsidiaries, develops, manufactures, and markets colors, flavors, and other specialty ingredients in North America, Europe, Asia, Australia, South America, and Africa. The company offers flavor-delivery systems, and compounded and blended products; ingredient products, such as essential oils, natural and synthetic flavors, and natural extracts; and chili powder, paprika, and chili pepper, as well as dehydrated vegetables comprising parsley, celery, and spinach to the food, beverage, and personal care industries.