Boston Advisors LLC Has $254,000 Stake in Sensient Technologies Corporation (SXT)
Boston Advisors LLC maintained its position in shares of Sensient Technologies Corporation (NYSE:SXT) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,150 shares of the specialty chemicals company’s stock at the end of the second quarter. Boston Advisors LLC’s holdings in Sensient Technologies Corporation were worth $254,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Horan Securities Inc. acquired a new position in shares of Sensient Technologies Corporation during the first quarter worth approximately $124,000. Tower Research Capital LLC TRC boosted its position in shares of Sensient Technologies Corporation by 5,636.7% in the first quarter. Tower Research Capital LLC TRC now owns 1,721 shares of the specialty chemicals company’s stock worth $136,000 after buying an additional 1,691 shares during the last quarter. Airain ltd acquired a new position in shares of Sensient Technologies Corporation during the first quarter worth approximately $202,000. Scout Investments Inc. acquired a new position in shares of Sensient Technologies Corporation during the first quarter worth approximately $210,000. Finally, World Asset Management Inc boosted its position in shares of Sensient Technologies Corporation by 0.4% in the first quarter. World Asset Management Inc now owns 2,739 shares of the specialty chemicals company’s stock worth $217,000 after buying an additional 11 shares during the last quarter. Institutional investors own 88.47% of the company’s stock.
Sensient Technologies Corporation (NYSE:SXT) traded up 1.040% during trading on Monday, hitting $75.265. 53,739 shares of the company’s stock were exchanged. Sensient Technologies Corporation has a 52-week low of $68.51 and a 52-week high of $84.98. The company has a market cap of $3.31 billion, a price-to-earnings ratio of 30.312 and a beta of 1.07. The firm has a 50 day moving average price of $79.89 and a 200 day moving average price of $79.75.
Sensient Technologies Corporation (NYSE:SXT) last released its earnings results on Thursday, July 20th. The specialty chemicals company reported $0.87 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.87. The firm had revenue of $338.48 million during the quarter. Sensient Technologies Corporation had a net margin of 8.16% and a return on equity of 17.15%. On average, equities research analysts predict that Sensient Technologies Corporation will post $3.41 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Friday, August 4th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, August 2nd. This represents a $1.20 annualized dividend and a dividend yield of 1.61%. Sensient Technologies Corporation’s dividend payout ratio (DPR) is presently 48.39%.
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A number of equities analysts recently commented on the stock. Zacks Investment Research cut shares of Sensient Technologies Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, June 22nd. BidaskClub cut shares of Sensient Technologies Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th.
In other news, Director Joseph Carleone bought 1,000 shares of the stock in a transaction dated Monday, July 24th. The stock was purchased at an average price of $75.32 per share, for a total transaction of $75,320.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.95% of the stock is currently owned by company insiders.
Sensient Technologies Corporation Company Profile
Sensient Technologies Corporation is a manufacturer and marketer of colors, flavors and fragrances. The Company uses technologies at facilities around the world to develop specialty food and beverage systems, cosmetic and pharmaceutical systems, specialty inks and colors, and other specialty and fine chemicals.
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