Prudential PLC Sells 11,980 Shares of Sensient Technologies Co. (SXT)

Prudential PLC lessened its stake in shares of Sensient Technologies Co. (NYSE:SXT) by 9.1% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 119,942 shares of the specialty chemicals company’s stock after selling 11,980 shares during the period. Prudential PLC’s holdings in Sensient Technologies were worth $6,699,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Teachers Advisors LLC lifted its position in shares of Sensient Technologies by 3.0% in the third quarter. Teachers Advisors LLC now owns 95,149 shares of the specialty chemicals company’s stock valued at $7,280,000 after acquiring an additional 2,745 shares in the last quarter. American International Group Inc. lifted its position in shares of Sensient Technologies by 1.1% in the third quarter. American International Group Inc. now owns 113,406 shares of the specialty chemicals company’s stock valued at $8,677,000 after acquiring an additional 1,261 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in shares of Sensient Technologies by 4.1% in the third quarter. Thrivent Financial for Lutherans now owns 510,497 shares of the specialty chemicals company’s stock valued at $39,058,000 after acquiring an additional 19,972 shares in the last quarter. Schroder Investment Management Group lifted its position in shares of Sensient Technologies by 21.7% in the third quarter. Schroder Investment Management Group now owns 850,297 shares of the specialty chemicals company’s stock valued at $65,056,000 after acquiring an additional 151,372 shares in the last quarter. Finally, Credit Suisse AG lifted its position in shares of Sensient Technologies by 67.8% in the third quarter. Credit Suisse AG now owns 102,715 shares of the specialty chemicals company’s stock valued at $7,859,000 after acquiring an additional 41,487 shares in the last quarter. 99.73% of the stock is owned by institutional investors and hedge funds.

NYSE:SXT opened at $66.05 on Friday. The company has a current ratio of 3.83, a quick ratio of 1.55 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $2.79 billion, a P/E ratio of 18.61 and a beta of 1.06. Sensient Technologies Co. has a 12 month low of $51.93 and a 12 month high of $78.40.



Sensient Technologies (NYSE:SXT) last posted its earnings results on Friday, February 15th. The specialty chemicals company reported $0.79 EPS for the quarter, hitting analysts’ consensus estimates of $0.79. The company had revenue of $324.56 million for the quarter. Sensient Technologies had a return on equity of 18.00% and a net margin of 11.35%. Sensient Technologies’s quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.84 earnings per share. On average, equities research analysts anticipate that Sensient Technologies Co. will post 3.28 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Monday, February 4th were given a $0.36 dividend. The ex-dividend date of this dividend was Friday, February 1st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.18%. Sensient Technologies’s dividend payout ratio is currently 40.56%.

Several brokerages have recently commented on SXT. Seaport Global Securities began coverage on Sensient Technologies in a research report on Thursday, February 21st. They issued a “buy” rating on the stock. KeyCorp set a $65.00 price objective on Sensient Technologies and gave the company a “buy” rating in a research report on Monday, January 14th. BNP Paribas began coverage on Sensient Technologies in a research report on Friday, January 11th. They issued an “outperform” rating and a $74.00 price objective on the stock. Exane BNP Paribas began coverage on Sensient Technologies in a research report on Friday, January 11th. They issued an “outperform” rating and a $74.00 price objective on the stock. Finally, TheStreet downgraded Sensient Technologies from a “b-” rating to a “c+” rating in a research report on Tuesday, December 18th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Sensient Technologies currently has an average rating of “Buy” and a consensus target price of $74.60.

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About Sensient Technologies

Sensient Technologies Corporation, together with its subsidiaries, develops, manufactures, and markets colors, flavors, and fragrances in North America, Europe, the Asia Pacific, and internationally. It operates through three segments: Flavors & Fragrances Group, Color Group, and Asia Pacific Group.

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Institutional Ownership by Quarter for Sensient Technologies (NYSE:SXT)

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