Sensient Technologies Co. (NYSE:SXT) Shares Sold by Legal & General Group Plc

Legal & General Group Plc trimmed its holdings in shares of Sensient Technologies Co. (NYSE:SXT - Free Report) by 3.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 136,119 shares of the specialty chemicals company's stock after selling 4,934 shares during the quarter. Legal & General Group Plc owned approximately 0.32% of Sensient Technologies worth $9,700,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Sensient Technologies in the 4th quarter valued at $25,000. Jones Financial Companies Lllp raised its holdings in Sensient Technologies by 18,766.7% in the fourth quarter. Jones Financial Companies Lllp now owns 566 shares of the specialty chemicals company's stock worth $40,000 after purchasing an additional 563 shares in the last quarter. R Squared Ltd purchased a new stake in shares of Sensient Technologies during the fourth quarter valued at about $65,000. Smartleaf Asset Management LLC boosted its holdings in shares of Sensient Technologies by 152.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,123 shares of the specialty chemicals company's stock valued at $80,000 after buying an additional 678 shares in the last quarter. Finally, KBC Group NV grew its position in shares of Sensient Technologies by 77.3% in the 4th quarter. KBC Group NV now owns 1,787 shares of the specialty chemicals company's stock worth $127,000 after buying an additional 779 shares during the last quarter. Institutional investors own 90.86% of the company's stock.

Analyst Upgrades and Downgrades

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

Sensient Technologies Stock Performance

Sensient Technologies stock traded up $0.99 during mid-day trading on Wednesday, reaching $79.39. 48,276 shares of the company traded hands, compared to its average volume of 283,849. The firm's fifty day moving average is $72.57 and its two-hundred day moving average is $74.68. The company has a market capitalization of $3.37 billion, a price-to-earnings ratio of 27.00 and a beta of 0.63. Sensient Technologies Co. has a fifty-two week low of $66.14 and a fifty-two week high of $82.99. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.55 and a quick ratio of 1.34.

Sensient Technologies (NYSE:SXT - Get Free Report) last released its earnings results on Friday, February 14th. The specialty chemicals company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.01. Sensient Technologies had a return on equity of 11.93% and a net margin of 8.01%. The firm had revenue of $376.40 million for the quarter, compared to the consensus estimate of $375.10 million. During the same period in the prior year, the firm earned $0.51 EPS. The firm's revenue was up 7.8% on a year-over-year basis. On average, equities research analysts expect that Sensient Technologies Co. will post 3.1 earnings per share for the current fiscal year.

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.