Sensient Technologies Co. (NYSE:SXT) Shares Bought by Quantbot Technologies LP

Quantbot Technologies LP boosted its position in Sensient Technologies Co. (NYSE:SXT - Free Report) by 83.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 7,822 shares of the specialty chemicals company's stock after acquiring an additional 3,564 shares during the period. Quantbot Technologies LP's holdings in Sensient Technologies were worth $557,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Summit Global Investments bought a new stake in Sensient Technologies during the fourth quarter valued at approximately $977,000. Magnetar Financial LLC bought a new stake in shares of Sensient Technologies during the 4th quarter valued at about $532,000. Teacher Retirement System of Texas raised its position in shares of Sensient Technologies by 95.9% in the 4th quarter. Teacher Retirement System of Texas now owns 33,717 shares of the specialty chemicals company's stock worth $2,403,000 after acquiring an additional 16,510 shares in the last quarter. Xponance Inc. lifted its position in Sensient Technologies by 9.5% during the fourth quarter. Xponance Inc. now owns 3,017 shares of the specialty chemicals company's stock valued at $215,000 after buying an additional 261 shares during the period. Finally, Thrivent Financial for Lutherans grew its stake in shares of Sensient Technologies by 5.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 62,002 shares of the specialty chemicals company's stock worth $4,418,000 after buying an additional 3,359 shares during the last quarter. 90.86% of the stock is currently owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Sensient Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, March 22nd.

Sensient Technologies Price Performance

SXT stock traded down $0.40 during midday trading on Tuesday, hitting $74.03. The company's stock had a trading volume of 4,681 shares, compared to its average volume of 184,051. The firm has a market capitalization of $3.14 billion, a price-to-earnings ratio of 25.19 and a beta of 0.71. The company has a 50 day moving average of $73.33 and a two-hundred day moving average of $75.14. Sensient Technologies Co. has a 12 month low of $66.15 and a 12 month high of $82.99. 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 (NYSE:SXT - Get Free Report) last released its quarterly earnings results on Friday, February 14th. The specialty chemicals company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.01. The company had revenue of $376.40 million for the quarter, compared to analyst estimates of $375.10 million. Sensient Technologies had a return on equity of 11.93% and a net margin of 8.01%. Sensient Technologies's quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.51 EPS. On average, analysts expect that Sensient Technologies Co. will post 3.1 EPS for the current year.

Sensient Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 4th were paid a $0.41 dividend. The ex-dividend date was Tuesday, February 4th. This represents a $1.64 annualized dividend and a yield of 2.22%. Sensient Technologies's dividend payout ratio (DPR) is 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.