Connor Clark & Lunn Investment Management Ltd. Acquires 5,789 Shares of Sensient Technologies Co. (NYSE:SXT)

Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Sensient Technologies Co. (NYSE:SXT - Free Report) by 25.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,848 shares of the specialty chemicals company's stock after acquiring an additional 5,789 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned 0.07% of Sensient Technologies worth $2,056,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Franklin Resources Inc. lifted its holdings in shares of Sensient Technologies by 4.8% during the 3rd quarter. Franklin Resources Inc. now owns 3,462 shares of the specialty chemicals company's stock valued at $270,000 after buying an additional 160 shares during the last quarter. Versor Investments LP lifted its holdings in shares of Sensient Technologies by 5.1% during the 4th quarter. Versor Investments LP now owns 4,521 shares of the specialty chemicals company's stock valued at $322,000 after buying an additional 221 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Sensient Technologies during the 4th quarter valued at about $25,000. Inspire Investing LLC lifted its holdings in shares of Sensient Technologies by 9.1% during the 4th quarter. Inspire Investing LLC now owns 5,617 shares of the specialty chemicals company's stock valued at $400,000 after buying an additional 470 shares during the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of Sensient Technologies by 32.0% during the 4th quarter. SG Americas Securities LLC now owns 2,229 shares of the specialty chemicals company's stock valued at $159,000 after buying an additional 541 shares during the last quarter. 90.86% of the stock is currently owned by institutional investors and hedge funds.

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Sensient Technologies Stock Down 1.8 %

Shares of Sensient Technologies stock traded down $1.36 during trading on Friday, hitting $72.75. 642,531 shares of the stock traded hands, compared to its average volume of 169,062. The stock has a market cap of $3.08 billion, a P/E ratio of 24.74 and a beta of 0.71. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.34 and a current ratio of 3.55. Sensient Technologies Co. has a twelve month low of $66.15 and a twelve month high of $82.99. The company has a fifty day moving average price of $73.10 and a two-hundred day moving average price of $75.17.

Sensient Technologies (NYSE:SXT - Get Free Report) last issued its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $375.10 million. During the same period last year, the business earned $0.51 EPS. The firm's revenue was up 7.8% compared to the same quarter last year. Equities research analysts predict that Sensient Technologies Co. will post 3.1 EPS for the current fiscal year.

Sensient Technologies Dividend Announcement

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

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Sensient Technologies from a "buy" rating to a "hold" rating in a report on Saturday.

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.