Boston Trust Walden Corp Sells 7,988 Shares of Sensient Technologies Co. (NYSE:SXT)

Boston Trust Walden Corp reduced its holdings in shares of Sensient Technologies Co. (NYSE:SXT - Free Report) by 1.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 519,072 shares of the specialty chemicals company's stock after selling 7,988 shares during the period. Boston Trust Walden Corp owned about 1.23% of Sensient Technologies worth $36,989,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its stake in shares of Sensient Technologies by 22.3% in the 3rd 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 in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Sensient Technologies by 1.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 590,149 shares of the specialty chemicals company's stock valued at $47,342,000 after purchasing an additional 7,235 shares during the period. Verition Fund Management LLC purchased a new stake in Sensient Technologies in the third quarter worth about $635,000. Robeco Institutional Asset Management B.V. raised its stake in shares of Sensient Technologies by 34.3% in 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 buying an additional 6,247 shares during the period. Finally, Barclays PLC grew its stake in shares of Sensient Technologies by 309.3% during the 3rd quarter. Barclays PLC now owns 77,260 shares of the specialty chemicals company's stock valued at $6,197,000 after acquiring an additional 58,386 shares during the period. 90.86% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Sensient Technologies Price Performance

SXT stock traded down $1.46 during trading on Friday, reaching $75.94. The company's stock had a trading volume of 160,965 shares, compared to its average volume of 197,791. The company has a quick ratio of 1.47, a current ratio of 3.74 and a debt-to-equity ratio of 0.58. The company's fifty day moving average is $74.20 and its 200-day moving average is $75.77. The company has a market capitalization of $3.22 billion, a P/E ratio of 36.34 and a beta of 0.77. Sensient Technologies Co. has a 1 year low of $55.02 and a 1 year high of $82.99.

Sensient Technologies Announces Dividend

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

Sensient Technologies 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.