Dynamic Technology Lab Private Ltd Makes New $249,000 Investment in Sensient Technologies Co. (NYSE:SXT)

Dynamic Technology Lab Private Ltd bought a new position in Sensient Technologies Co. (NYSE:SXT - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,500 shares of the specialty chemicals company's stock, valued at approximately $249,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Sensient Technologies in the 4th quarter valued at $25,000. Jones Financial Companies Lllp lifted its stake in 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 worth $40,000 after purchasing an additional 563 shares during the last quarter. R Squared Ltd purchased a new stake in Sensient Technologies during the fourth quarter valued at about $65,000. Smartleaf Asset Management LLC boosted its position in Sensient Technologies by 152.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,123 shares of the specialty chemicals company's stock valued at $80,000 after buying an additional 678 shares during the period. Finally, KBC Group NV grew its stake in shares of Sensient Technologies by 77.3% during the fourth quarter. KBC Group NV now owns 1,787 shares of the specialty chemicals company's stock valued at $127,000 after buying an additional 779 shares during the last quarter. 90.86% of the stock is currently owned by institutional investors.

Sensient Technologies Trading Down 0.4 %

SXT stock traded down $0.32 during trading on Tuesday, reaching $74.54. The company had a trading volume of 94,012 shares, compared to its average volume of 197,917. The business has a 50 day moving average of $72.71 and a 200 day moving average of $74.78. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.55 and a quick ratio of 1.34. The company has a market cap of $3.16 billion, a P/E ratio of 25.35 and a beta of 0.63. Sensient Technologies Co. has a 52 week low of $66.15 and a 52 week high of $82.99.

Remove Ads

Sensient Technologies (NYSE:SXT - Get Free Report) last released its earnings results on Friday, February 14th. The specialty chemicals company reported $0.65 earnings per share for the quarter, topping analysts' consensus estimates of $0.64 by $0.01. The firm had revenue of $376.40 million for the quarter, compared to the consensus estimate of $375.10 million. Sensient Technologies had a net margin of 8.01% and a return on equity of 11.93%. The company's revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.51 EPS. As a group, sell-side analysts forecast that Sensient Technologies Co. will post 3.1 earnings per share 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 given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date of this dividend was Tuesday, February 4th. Sensient Technologies's dividend payout ratio (DPR) is presently 55.78%.

Wall Street Analyst Weigh In

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

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.