2 weeks Ago By ABMN Staff
Summit Investment Advisors Inc. grew its holdings in shares of Sensient Technologies Co. ( NYSE:SXT – Free Report ) by 4.
8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,408 shares of the specialty chemicals company’s stock after acquiring an additional 203 shares during the quarter. Summit Investment Advisors Inc.
’s holdings in Sensient Technologies were worth $314,000 at the end of the most recent quarter. A number of other hedge funds have also recently made changes to their positions in the business. Franklin Resources Inc.
raised its position in Sensient Technologies by 4.8% in the 3rd quarter. Franklin Resources Inc.
now owns 3,462 shares of the specialty chemicals company’s stock worth $270,000 after purchasing an additional 160 shares during the period. Versor Investments LP increased its holdings in shares of Sensient Technologies by 5.1% in the fourth quarter.
Versor Investments LP now owns 4,521 shares of the specialty chemicals company’s stock worth $322,000 after buying an additional 221 shares during the period. Xponance Inc. lifted its stake in shares of Sensient Technologies by 9.
5% in the 4th quarter. Xponance Inc. now owns 3,017 shares of the specialty chemicals company’s stock valued at $215,000 after acquiring an additional 261 shares during the last quarter.
Covestor Ltd boosted its holdings in Sensient Technologies by 49.4% during the 4th 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 period.
Finally, Bank of Montreal Can grew its position in Sensient Technologies by 5.1% during the 4th quarter. Bank of Montreal Can now owns 6,914 shares of the specialty chemicals company’s stock worth $493,000 after acquiring an additional 338 shares during the last quarter.
90.86% of the stock is currently owned by institutional investors. Analysts Set New Price Targets Separately, StockNews.
com downgraded Sensient Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, March 22nd. Sensient Technologies Price Performance Shares of Sensient Technologies stock opened at $74.55 on Monday.
The company’s fifty day simple moving average is $72.55 and its two-hundred day simple moving average is $74.67.
Sensient Technologies Co. has a 12-month low of $66.15 and a 12-month high of $82.
99. The firm has a market cap of $3.16 billion, a PE ratio of 25.
36 and a beta of 0.63. The company has a quick ratio of 1.
34, a current ratio of 3.55 and a debt-to-equity ratio of 0.58.
Sensient Technologies ( NYSE:SXT – Get Free Report ) last posted its earnings results on Friday, February 14th. The specialty chemicals company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.
64 by $0.01. The company had revenue of $376.
40 million for the quarter, compared to analysts’ expectations of $375.10 million. Sensient Technologies had a return on equity of 11.
93% and a net margin of 8.01%. Sensient Technologies’s quarterly revenue was up 7.
8% on a year-over-year basis. During the same period last year, the firm earned $0.51 earnings per share.
As a group, equities analysts expect that Sensient Technologies Co. will post 3.1 EPS for the current year.
Sensient Technologies Profile ( Free Report ) 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. Read More Want to see what other hedge funds are holding SXT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Sensient Technologies Co. ( NYSE:SXT – Free Report ). Receive News & Ratings for Sensient Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensient Technologies and related companies with MarketBeat.
com's FREE daily email newsletter ..
