Two Sigma Investments LP Sells 18,741 Shares of Sensient Technologies Co. (NYSE:SXT)

Two Sigma Investments LP decreased its position in shares of Sensient Technologies Co. (NYSE:SXT - Free Report) by 49.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,431 shares of the specialty chemicals company's stock after selling 18,741 shares during the quarter. Two Sigma Investments LP's holdings in Sensient Technologies were worth $1,385,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Sensient Technologies in the fourth quarter valued at approximately $25,000. Jones Financial Companies Lllp grew its holdings in 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 worth $40,000 after acquiring an additional 563 shares during the last quarter. Quarry LP acquired a new position in Sensient Technologies in the 4th quarter valued at approximately $50,000. Covestor Ltd raised its stake 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 acquiring an additional 304 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of 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 worth $80,000 after purchasing an additional 678 shares during the period. Institutional investors and hedge funds own 90.86% of the company's stock.

Sensient Technologies Trading Up 0.1%

NYSE SXT traded up $0.09 during mid-day trading on Friday, reaching $96.12. 216,863 shares of the stock were exchanged, compared to its average volume of 224,792. 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 stock has a 50 day simple moving average of $86.66 and a 200-day simple moving average of $78.23. Sensient Technologies Co. has a one year low of $66.15 and a one year high of $98.27. The stock has a market cap of $4.08 billion, a P/E ratio of 32.69 and a beta of 0.56.

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

Sensient Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 1.71%. The ex-dividend date of this dividend was Monday, May 12th. Sensient Technologies's dividend payout ratio is presently 54.30%.

Analyst Upgrades and Downgrades

SXT has been the subject of a number of recent research reports. Robert W. Baird increased their price objective on Sensient Technologies from $85.00 to $93.00 and gave the company an "outperform" rating in a report on Monday, April 28th. Wall Street Zen downgraded Sensient Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, March 22nd.

Insider Buying and Selling at Sensient Technologies

In other Sensient Technologies news, Director Mario Ferruzzi sold 1,668 shares of the firm's stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $95.45, for a total value of $159,210.60. Following the completion of the sale, the director now owns 7,946 shares of the company's stock, valued at approximately $758,445.70. This trade represents 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 hyperlink. Insiders own 1.20% of the company's stock.

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.