Two Sigma Investments LP Invests $1.06 Million in Sensient Technologies Co. (SXT)

Two Sigma Investments LP acquired a new stake in Sensient Technologies Co. (NYSE:SXT) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 14,431 shares of the specialty chemicals company’s stock, valued at approximately $1,056,000.

Other institutional investors have also made changes to their positions in the company. Schwab Charles Investment Management Inc. boosted its stake in shares of Sensient Technologies by 5.1% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 304,694 shares of the specialty chemicals company’s stock valued at $23,438,000 after purchasing an additional 14,917 shares in the last quarter. Swiss National Bank boosted its stake in shares of Sensient Technologies by 1.5% in the 4th quarter. Swiss National Bank now owns 74,700 shares of the specialty chemicals company’s stock valued at $5,464,000 after purchasing an additional 1,100 shares in the last quarter. Sei Investments Co. boosted its stake in shares of Sensient Technologies by 59.8% in the 3rd quarter. Sei Investments Co. now owns 5,520 shares of the specialty chemicals company’s stock valued at $424,000 after purchasing an additional 2,066 shares in the last quarter. Public Employees Retirement System of Ohio boosted its stake in shares of Sensient Technologies by 792.9% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 25,224 shares of the specialty chemicals company’s stock valued at $1,940,000 after purchasing an additional 22,399 shares in the last quarter. Finally, Eaton Vance Management boosted its stake in shares of Sensient Technologies by 10.1% in the 4th quarter. Eaton Vance Management now owns 52,776 shares of the specialty chemicals company’s stock valued at $3,860,000 after purchasing an additional 4,838 shares in the last quarter. 91.00% of the stock is owned by institutional investors.

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In related news, Director Hank Brown sold 2,000 shares of the company’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $71.78, for a total transaction of $143,560.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Gebhardt Deborah Mckeithan purchased 1,000 shares of the stock in a transaction that occurred on Tuesday, February 20th. The shares were purchased at an average price of $72.10 per share, with a total value of $72,100.00. The disclosure for this purchase can be found here. Corporate insiders own 0.94% of the company’s stock.

NYSE:SXT opened at $69.37 on Friday. Sensient Technologies Co. has a 52 week low of $65.60 and a 52 week high of $84.98. The company has a debt-to-equity ratio of 0.71, a current ratio of 3.39 and a quick ratio of 1.25. The firm has a market cap of $3,025.06, a P/E ratio of 20.28, a PEG ratio of 2.29 and a beta of 0.93.

Sensient Technologies (NYSE:SXT) last posted its quarterly earnings results on Thursday, February 8th. The specialty chemicals company reported $0.84 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.84. Sensient Technologies had a net margin of 6.58% and a return on equity of 17.37%. The company had revenue of $328.87 million during the quarter. equities research analysts expect that Sensient Technologies Co. will post 3.83 EPS for the current fiscal year.

A number of equities research analysts have recently issued reports on SXT shares. Off Wall Street started coverage on shares of Sensient Technologies in a research note on Monday, December 18th. They issued a “sell” rating for the company. Zacks Investment Research raised shares of Sensient Technologies from a “hold” rating to a “buy” rating and set a $79.00 price objective for the company in a research note on Friday, March 23rd. Gabelli raised shares of Sensient Technologies from a “hold” rating to a “buy” rating and set a $94.00 price objective for the company in a research note on Monday, February 12th. Finally, TheStreet cut shares of Sensient Technologies from a “b” rating to a “c+” rating in a research note on Thursday, February 8th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $87.58.

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About Sensient Technologies

Sensient Technologies Corporation is a manufacturer and marketer of colors, flavors and fragrances. The Company uses technologies at facilities around the world to develop specialty food and beverage systems, cosmetic and pharmaceutical systems, specialty inks and colors, and other specialty and fine chemicals.

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Institutional Ownership by Quarter for Sensient Technologies (NYSE:SXT)

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