Jump Financial LLC Invests $1.29 Million in Sensient Technologies Co. (NYSE:SXT)

Jump Financial LLC purchased a new stake in Sensient Technologies Co. (NYSE:SXT - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 19,464 shares of the specialty chemicals company's stock, valued at approximately $1,285,000.

A number of other large investors have also recently modified their holdings of the company. Winder Pte. Ltd. bought a new position in Sensient Technologies in the third quarter worth about $368,711,000. Vanguard Group Inc. boosted its holdings in Sensient Technologies by 9.4% in the third quarter. Vanguard Group Inc. now owns 5,325,028 shares of the specialty chemicals company's stock valued at $311,408,000 after purchasing an additional 457,446 shares during the last quarter. Nordea Investment Management AB boosted its holdings in Sensient Technologies by 21.9% in the fourth quarter. Nordea Investment Management AB now owns 1,688,101 shares of the specialty chemicals company's stock valued at $111,617,000 after purchasing an additional 303,612 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Sensient Technologies by 6.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 545,922 shares of the specialty chemicals company's stock worth $36,031,000 after acquiring an additional 32,006 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of Sensient Technologies by 40.7% during the 3rd quarter. Principal Financial Group Inc. now owns 225,752 shares of the specialty chemicals company's stock worth $13,202,000 after acquiring an additional 65,300 shares in the last quarter. Hedge funds and other institutional investors own 90.86% of the company's stock.

Insider Activity

In other Sensient Technologies news, insider Steven B. Morris sold 400 shares of the company's stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $72.97, for a total value of $29,188.00. Following the completion of the transaction, the insider now owns 4,082 shares in the company, valued at $297,863.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Steven B. Morris sold 400 shares of the stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of $72.97, for a total transaction of $29,188.00. Following the completion of the sale, the insider now owns 4,082 shares in the company, valued at $297,863.54. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Essie Whitelaw sold 600 shares of the stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $75.84, for a total transaction of $45,504.00. Following the sale, the director now owns 21,826 shares of the company's stock, valued at approximately $1,655,283.84. The disclosure for this sale can be found here. Company insiders own 1.40% of the company's stock.

Sensient Technologies Trading Up 0.7 %

Sensient Technologies stock traded up $0.50 during trading on Friday, hitting $76.00. The company had a trading volume of 103,743 shares, compared to its average volume of 212,013. Sensient Technologies Co. has a 1-year low of $52.90 and a 1-year high of $78.70. The company's 50 day simple moving average is $70.56 and its 200-day simple moving average is $65.19. The stock has a market cap of $3.22 billion, a price-to-earnings ratio of 35.10 and a beta of 0.76. The company has a current ratio of 4.31, a quick ratio of 1.71 and a debt-to-equity ratio of 0.60.

Sensient Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Monday, May 6th will be paid a dividend of $0.41 per share. The ex-dividend date is Friday, May 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.16%. Sensient Technologies's payout ratio is currently 76.28%.

Wall Street Analyst Weigh In

Separately, Robert W. Baird upped their price target on shares of Sensient Technologies from $70.00 to $80.00 and gave the stock an "outperform" rating in a research report on Monday, April 29th.

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.