Deutsche Bank AG Has $2.65 Million Stock Holdings in Sensient Technologies Co. (NYSE:SXT)

Deutsche Bank AG boosted its stake in Sensient Technologies Co. (NYSE:SXT - Free Report) by 47.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 37,227 shares of the specialty chemicals company's stock after purchasing an additional 12,039 shares during the quarter. Deutsche Bank AG owned about 0.09% of Sensient Technologies worth $2,653,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Sensient Technologies during the fourth quarter valued at about $25,000. Jones Financial Companies Lllp grew its holdings in shares of Sensient Technologies by 18,766.7% during the fourth quarter. Jones Financial Companies Lllp now owns 566 shares of the specialty chemicals company's stock valued at $40,000 after buying an additional 563 shares during the last quarter. Quarry LP acquired a new position in shares of Sensient Technologies during the fourth quarter valued at about $50,000. R Squared Ltd acquired a new position in shares of Sensient Technologies during the fourth quarter valued at about $65,000. Finally, Covestor Ltd grew its holdings in shares of Sensient Technologies by 49.4% during the fourth quarter. Covestor Ltd now owns 920 shares of the specialty chemicals company's stock valued at $66,000 after buying an additional 304 shares during the last quarter. 90.86% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Robert W. Baird lifted their price objective on shares of Sensient Technologies from $85.00 to $93.00 and gave the company an "outperform" rating in a report on Monday, April 28th. StockNews.com cut shares of Sensient Technologies from a "buy" rating to a "hold" rating in a report on Saturday, March 22nd.

Sensient Technologies Stock Down 0.5%

SXT opened at $94.30 on Thursday. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.55 and a quick ratio of 1.34. The company's 50-day moving average is $81.62 and its 200 day moving average is $76.87. Sensient Technologies Co. has a fifty-two week low of $66.15 and a fifty-two week high of $98.27. The firm has a market capitalization of $4.00 billion, a P/E ratio of 32.08 and a beta of 0.58.

Sensient Technologies (NYSE:SXT - Get Free Report) last released its quarterly earnings results on Friday, April 25th. The specialty chemicals company reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.82 by $0.04. Sensient Technologies had a net margin of 8.01% and a return on equity of 11.93%. The company had revenue of $392.33 million for the quarter, compared to analyst estimates of $387.70 million. During the same period last year, the firm earned $0.73 earnings per share. The firm's revenue was up 2.0% on a year-over-year basis. Research analysts expect that Sensient Technologies Co. will post 3.1 earnings per share for the current fiscal year.

Sensient Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date is Monday, May 12th. Sensient Technologies's payout ratio is currently 54.30%.

Insider Activity at Sensient Technologies

In other Sensient Technologies news, Director Mario Ferruzzi sold 1,668 shares of Sensient Technologies stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $95.45, for a total value of $159,210.60. Following the sale, the director now owns 7,946 shares of the company's stock, valued at approximately $758,445.70. The trade was a 17.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.20% of the stock is owned by insiders.

About Sensient Technologies

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.

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