Exane Derivatives lowered its position in shares of Sensient Technologies Co. (NYSE:SXT – Get Rating) by 81.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,539 shares of the specialty chemicals company's stock after selling 6,673 shares during the quarter. Exane Derivatives' holdings in Sensient Technologies were worth $124,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in the company. Paradigm Capital Management Inc. NY raised its holdings in shares of Sensient Technologies by 4.8% during the first quarter. Paradigm Capital Management Inc. NY now owns 82,675 shares of the specialty chemicals company's stock valued at $6,940,000 after acquiring an additional 3,800 shares during the period. Jane Street Group LLC increased its stake in Sensient Technologies by 209.2% in the 1st quarter. Jane Street Group LLC now owns 7,523 shares of the specialty chemicals company's stock valued at $632,000 after buying an additional 5,090 shares during the period. Quantbot Technologies LP acquired a new position in Sensient Technologies in the 1st quarter valued at approximately $414,000. First Republic Investment Management Inc. increased its stake in Sensient Technologies by 2.4% in the 1st quarter. First Republic Investment Management Inc. now owns 6,678 shares of the specialty chemicals company's stock valued at $561,000 after buying an additional 156 shares during the period. Finally, Guggenheim Capital LLC increased its stake in Sensient Technologies by 22.9% in the 1st quarter. Guggenheim Capital LLC now owns 24,389 shares of the specialty chemicals company's stock valued at $2,048,000 after buying an additional 4,547 shares during the period. Institutional investors and hedge funds own 88.92% of the company's stock.
Get Sensient Technologies alerts:Sensient Technologies Stock Down 1.8 %
Sensient Technologies stock opened at $74.37 on Wednesday. The firm has a market cap of $3.13 billion, a PE ratio of 22.88 and a beta of 0.88. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.40 and a current ratio of 3.11. The firm's 50 day moving average price is $82.18 and its two-hundred day moving average price is $82.05. Sensient Technologies Co. has a twelve month low of $72.75 and a twelve month high of $106.32.
Sensient Technologies (NYSE:SXT – Get Rating) last released its quarterly earnings data on Friday, July 22nd. The specialty chemicals company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.03. The firm had revenue of $371.70 million for the quarter, compared to analyst estimates of $358.70 million. Sensient Technologies had a net margin of 9.69% and a return on equity of 14.96%. The company's revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.79 EPS.Sensient Technologies Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 1st. Shareholders of record on Monday, August 1st were paid a $0.41 dividend. The ex-dividend date was Friday, July 29th. This represents a $1.64 annualized dividend and a yield of 2.21%. Sensient Technologies's dividend payout ratio is presently 50.46%.
Sensient Technologies Profile
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Sensient Technologies Corporation, together with its subsidiaries, develops, manufactures, and markets colors, flavors, and other specialty ingredients in North America, Europe, the Asia Pacific, and internationally. It operates through three segments: Flavors & Extracts Group, Color Group, and Asia Pacific Group.
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