16,034 Shares in Sensient Technologies Co. (NYSE:SXT) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new position in Sensient Technologies Co. (NYSE:SXT - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 16,034 shares of the specialty chemicals company's stock, valued at approximately $1,143,000.

Other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings in Sensient Technologies by 22.3% in the third quarter. JPMorgan Chase & Co. now owns 99,938 shares of the specialty chemicals company's stock worth $8,017,000 after purchasing an additional 18,235 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Sensient Technologies by 1.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 590,149 shares of the specialty chemicals company's stock valued at $47,342,000 after buying an additional 7,235 shares during the period. Verition Fund Management LLC bought a new stake in shares of Sensient Technologies during the 3rd quarter valued at about $635,000. Principal Financial Group Inc. grew its position in shares of Sensient Technologies by 3.3% during the 4th quarter. Principal Financial Group Inc. now owns 215,895 shares of the specialty chemicals company's stock valued at $15,385,000 after buying an additional 6,984 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its stake in Sensient Technologies by 34.3% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 24,449 shares of the specialty chemicals company's stock worth $1,742,000 after acquiring an additional 6,247 shares during the period. 90.86% of the stock is currently owned by institutional investors.

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Sensient Technologies Stock Performance

NYSE SXT traded up $0.61 during trading hours on Monday, hitting $73.39. The company had a trading volume of 317,050 shares, compared to its average volume of 169,820. Sensient Technologies Co. has a fifty-two week low of $66.15 and a fifty-two week high of $82.99. The firm has a market cap of $3.11 billion, a P/E ratio of 24.96 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. The business has a fifty day simple moving average of $73.10 and a 200-day simple moving average of $75.16.

Sensient Technologies (NYSE:SXT - Get Free Report) last released its quarterly earnings data 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. Sensient Technologies had a net margin of 8.01% and a return on equity of 11.93%. The business had revenue of $376.40 million for the quarter, compared to analysts' expectations of $375.10 million. During the same quarter last year, the company earned $0.51 EPS. The company's revenue for the quarter was up 7.8% compared to the same quarter last year. Equities analysts predict that Sensient Technologies Co. will post 3.1 EPS for the current year.

Sensient Technologies Announces Dividend

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

Analyst Ratings Changes

Separately, StockNews.com downgraded Sensient Technologies from a "buy" rating to a "hold" rating in a research note on Saturday.

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.