Cibc World Markets Corp Takes $281,000 Position in Sensient Technologies Co. (NYSE:SXT)

Cibc World Markets Corp acquired a new position in Sensient Technologies Co. (NYSE:SXT - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,943 shares of the specialty chemicals company's stock, valued at approximately $281,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kohmann Bosshard Financial Services LLC acquired a new stake in Sensient Technologies in the 4th quarter worth $25,000. Jones Financial Companies Lllp lifted its stake in shares of Sensient Technologies by 18,766.7% in the fourth 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 period. R Squared Ltd acquired a new stake in Sensient Technologies during the fourth quarter worth about $65,000. Smartleaf Asset Management LLC raised 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 valued at $80,000 after acquiring an additional 678 shares in the last quarter. Finally, KBC Group NV lifted its position in shares of Sensient Technologies by 77.3% in the 4th quarter. KBC Group NV now owns 1,787 shares of the specialty chemicals company's stock worth $127,000 after acquiring an additional 779 shares during the period. Institutional investors own 90.86% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Sensient Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, March 22nd.

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Sensient Technologies Trading Up 0.3 %

Shares of SXT stock traded up $0.24 on Friday, reaching $73.59. 259,787 shares of the stock were exchanged, compared to its average volume of 184,010. The stock has a 50 day moving average price of $73.31 and a 200 day moving average price of $75.12. The stock has a market cap of $3.12 billion, a PE ratio of 25.03 and a beta of 0.71. Sensient Technologies Co. has a one year low of $66.15 and a one year high of $82.99. 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 (NYSE:SXT - Get Free Report) last issued its earnings results on Friday, February 14th. The specialty chemicals company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.01. Sensient Technologies had a net margin of 8.01% and a return on equity of 11.93%. The company had revenue of $376.40 million for the quarter, compared to analyst estimates of $375.10 million. During the same quarter last year, the firm earned $0.51 EPS. The company's revenue for the quarter was up 7.8% on a year-over-year basis. Equities research analysts forecast that Sensient Technologies Co. will post 3.1 EPS for the current fiscal year.

Sensient Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 4th were issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date was Tuesday, February 4th. Sensient Technologies's dividend payout ratio (DPR) is currently 55.78%.

About Sensient Technologies

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.