UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $7.01 Million Position in Sensient Technologies Co. (NYSE:SXT)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Sensient Technologies Co. (NYSE:SXT - Free Report) by 19.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 98,371 shares of the specialty chemicals company's stock after purchasing an additional 15,745 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.23% of Sensient Technologies worth $7,010,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Barclays PLC increased its position in shares of Sensient Technologies by 309.3% during the third quarter. Barclays PLC now owns 77,260 shares of the specialty chemicals company's stock worth $6,197,000 after purchasing an additional 58,386 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Sensient Technologies by 32.0% during the 4th quarter. SG Americas Securities LLC now owns 2,229 shares of the specialty chemicals company's stock worth $159,000 after acquiring an additional 541 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Sensient Technologies by 37.0% during the fourth quarter. Blue Trust Inc. now owns 2,619 shares of the specialty chemicals company's stock valued at $187,000 after acquiring an additional 707 shares during the last quarter. KBC Group NV increased its holdings in shares of Sensient Technologies by 77.3% in the fourth quarter. KBC Group NV now owns 1,787 shares of the specialty chemicals company's stock valued at $127,000 after purchasing an additional 779 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its stake in Sensient Technologies by 34.3% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 24,449 shares of the specialty chemicals company's stock worth $1,742,000 after acquiring an additional 6,247 shares during the last quarter. Hedge funds and other institutional investors own 90.86% of the company's stock.

Sensient Technologies Stock Performance

NYSE SXT traded up $0.32 during trading hours on Thursday, reaching $95.91. The company's stock had a trading volume of 239,123 shares, compared to its average volume of 224,277. The business has a 50-day simple moving average of $86.24 and a 200 day simple moving average of $78.09. The stock has a market cap of $4.07 billion, a PE ratio of 32.62 and a beta of 0.56. 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 $98.27.

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

Sensient Technologies Dividend Announcement

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

Insider Activity at Sensient Technologies

In other Sensient Technologies news, Director Mario Ferruzzi sold 1,668 shares of the stock in a transaction on 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 directly owns 7,946 shares in the company, valued at approximately $758,445.70. This trade represents a 17.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

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

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.