Champlain Investment Partners LLC Has $69.53 Million Position in Sensient Technologies Co. (NYSE:SXT)

Champlain Investment Partners LLC reduced its position in shares of Sensient Technologies Co. (NYSE:SXT - Free Report) by 4.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 975,776 shares of the specialty chemicals company's stock after selling 50,121 shares during the quarter. Champlain Investment Partners LLC owned about 2.30% of Sensient Technologies worth $69,534,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC acquired a new position in Sensient Technologies during the fourth quarter worth about $25,000. Jones Financial Companies Lllp boosted its position in shares of Sensient Technologies by 18,766.7% during the 4th quarter. Jones Financial Companies Lllp now owns 566 shares of the specialty chemicals company's stock valued at $40,000 after purchasing an additional 563 shares in the last quarter. R Squared Ltd acquired a new position in shares of Sensient Technologies in the 4th quarter worth approximately $65,000. Covestor Ltd raised its holdings in shares of Sensient Technologies by 49.4% in the 4th quarter. Covestor Ltd now owns 920 shares of the specialty chemicals company's stock worth $66,000 after purchasing an additional 304 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in Sensient Technologies by 152.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,123 shares of the specialty chemicals company's stock valued at $80,000 after purchasing an additional 678 shares during the last quarter. Institutional investors own 90.86% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Sensient Technologies from a "buy" rating to a "hold" rating in a report on Saturday, March 22nd.

Sensient Technologies Trading Up 5.7 %

SXT stock traded up $4.28 during mid-day trading on Tuesday, reaching $79.01. 231,189 shares of the stock traded hands, compared to its average volume of 198,994. The stock's fifty day moving average is $72.54 and its 200-day moving average is $74.65. The company has a market cap of $3.35 billion, a P/E ratio of 26.92 and a beta of 0.63. The company has a current ratio of 3.55, a quick ratio of 1.34 and a debt-to-equity ratio of 0.58. Sensient Technologies Co. has a 52-week low of $66.15 and a 52-week high of $82.99.

Sensient Technologies (NYSE:SXT - Get Free Report) last posted its quarterly earnings data on Friday, February 14th. The specialty chemicals company reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.64 by $0.01. The firm had revenue of $376.40 million during the quarter, compared to analyst estimates of $375.10 million. Sensient Technologies had a net margin of 8.01% and a return on equity of 11.93%. The company's revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the business posted $0.51 EPS. As a group, sell-side analysts expect that Sensient Technologies Co. will post 3.1 earnings per share for the current year.

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.