Robeco Institutional Asset Management B.V. Raises Stake in Sensient Technologies Co. (NYSE:SXT)

Robeco Institutional Asset Management B.V. grew its stake in shares of Sensient Technologies Co. (NYSE:SXT - Free Report) by 34.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,449 shares of the specialty chemicals company's stock after purchasing an additional 6,247 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.06% of Sensient Technologies worth $1,742,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Quarry LP bought a new stake in shares of Sensient Technologies during the second quarter valued at approximately $29,000. nVerses Capital LLC acquired a new stake in Sensient Technologies in the 3rd quarter valued at $72,000. R Squared Ltd bought a new stake in Sensient Technologies during the 4th quarter valued at $65,000. KBC Group NV raised its holdings in Sensient Technologies by 77.3% during the fourth quarter. KBC Group NV now owns 1,787 shares of the specialty chemicals company's stock worth $127,000 after buying an additional 779 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in shares of Sensient Technologies by 2,753.7% in the third quarter. Blue Trust Inc. now owns 1,912 shares of the specialty chemicals company's stock valued at $142,000 after buying an additional 1,845 shares in the last quarter. 90.86% of the stock is owned by institutional investors.

Sensient Technologies Stock Down 1.9 %

Shares of NYSE:SXT traded down $1.46 during mid-day trading on Friday, hitting $75.94. 160,965 shares of the company traded hands, compared to its average volume of 197,791. The stock has a market cap of $3.22 billion, a P/E ratio of 36.34 and a beta of 0.77. The stock has a 50-day moving average price of $74.20 and a two-hundred day moving average price of $75.77. Sensient Technologies Co. has a 12-month low of $55.02 and a 12-month high of $82.99. The company has a current ratio of 3.74, a quick ratio of 1.47 and a debt-to-equity ratio of 0.58.

Sensient Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 4th will be issued a $0.41 dividend. The ex-dividend date of this dividend is Tuesday, February 4th. This represents a $1.64 annualized dividend and a dividend yield of 2.16%. Sensient Technologies's dividend payout ratio is currently 78.47%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Sensient Technologies from a "hold" rating to a "buy" rating in a research report on Monday, October 28th.

Sensient Technologies Company 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.