Nisa Investment Advisors LLC trimmed its stake in Sensient Technologies Co. (NYSE:SXT) by 29.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,795 shares of the specialty chemicals company’s stock after selling 4,000 shares during the period. Nisa Investment Advisors LLC’s holdings in Sensient Technologies were worth $647,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SXT. California Public Employees Retirement System boosted its position in Sensient Technologies by 4.4% during the second quarter. California Public Employees Retirement System now owns 84,971 shares of the specialty chemicals company’s stock valued at $6,244,000 after purchasing an additional 3,553 shares in the last quarter. HM Payson & Co. bought a new position in Sensient Technologies in the second quarter worth about $147,000. Price T Rowe Associates Inc. MD lifted its position in shares of Sensient Technologies by 1.1% during the second quarter. Price T Rowe Associates Inc. MD now owns 18,713 shares of the specialty chemicals company’s stock valued at $1,375,000 after buying an additional 200 shares during the last quarter. Parametric Portfolio Associates LLC lifted its position in shares of Sensient Technologies by 2.7% during the third quarter. Parametric Portfolio Associates LLC now owns 167,204 shares of the specialty chemicals company’s stock valued at $11,479,000 after buying an additional 4,322 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its holdings in shares of Sensient Technologies by 1.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 562,869 shares of the specialty chemicals company’s stock valued at $38,641,000 after buying an additional 8,938 shares in the last quarter. 93.70% of the stock is owned by hedge funds and other institutional investors.

Sensient Technologies stock opened at $61.94 on Tuesday. The company has a debt-to-equity ratio of 0.69, a current ratio of 4.12 and a quick ratio of 1.68. The stock has a market capitalization of $2.66 billion, a price-to-earnings ratio of 19.85 and a beta of 0.96. Sensient Technologies Co. has a 1-year low of $58.35 and a 1-year high of $75.21. The business has a fifty day moving average price of $64.41 and a 200-day moving average price of $65.44.

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Tuesday, February 4th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 2.52%. The ex-dividend date is Monday, February 3rd. Sensient Technologies’s dividend payout ratio is currently 43.94%.

A number of research analysts have recently issued reports on SXT shares. ValuEngine raised shares of Sensient Technologies from a “sell” rating to a “hold” rating in a research report on Friday, January 3rd. Seaport Global Securities cut shares of Sensient Technologies from a “buy” rating to a “neutral” rating in a research report on Monday, October 21st. Finally, Zacks Investment Research upgraded shares of Sensient Technologies from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 24th. Four investment analysts have rated the stock with a hold rating, The stock presently has a consensus rating of “Hold” and an average target price of $80.00.

Sensient Technologies Profile

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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