Jackson Creek Investment Advisors LLC Acquires Shares of 20,257 Sensient Technologies Co. (NYSE:SXT)

Jackson Creek Investment Advisors LLC acquired a new position in Sensient Technologies Co. (NYSE:SXT - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 20,257 shares of the specialty chemicals company's stock, valued at approximately $1,444,000.

Several other hedge funds have also recently added to or reduced their stakes in SXT. Kohmann Bosshard Financial Services LLC acquired a new stake in Sensient Technologies during the 4th quarter worth about $25,000. Jones Financial Companies Lllp raised its stake 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 worth $40,000 after purchasing an additional 563 shares in the last quarter. R Squared Ltd acquired a new stake in Sensient Technologies in the fourth quarter valued at approximately $65,000. Smartleaf Asset Management LLC lifted its stake in shares of 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 purchasing an additional 678 shares during the last quarter. Finally, KBC Group NV boosted its stake in shares of Sensient Technologies by 77.3% during 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 in the last quarter. Institutional investors and hedge funds own 90.86% of the company's stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Sensient Technologies from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th.

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Sensient Technologies Stock Performance

Sensient Technologies stock traded up $1.84 during trading hours on Friday, hitting $73.17. The stock had a trading volume of 392,884 shares, compared to its average volume of 220,691. The company has a market cap of $3.10 billion, a PE ratio of 24.89 and a beta of 0.71. The company has a quick ratio of 1.34, a current ratio of 3.55 and a debt-to-equity ratio of 0.58. Sensient Technologies Co. has a fifty-two week low of $66.14 and a fifty-two week high of $82.99. The company has a 50-day moving average of $72.44 and a two-hundred day moving average of $75.34.

Sensient Technologies (NYSE:SXT - Get Free Report) last announced its quarterly 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 firm had revenue of $376.40 million for the quarter, compared to analysts' expectations of $375.10 million. During the same period in the prior year, the business posted $0.51 earnings per share. The business's revenue was up 7.8% compared to the same quarter last year. On average, equities research analysts anticipate that Sensient Technologies Co. will post 3.1 EPS for the current fiscal year.

Sensient Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders 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 2.24%. 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.