GHP Investment Advisors Inc. Sells 1,405 Shares of Sensient Technologies Co. (NYSE:SXT)

GHP Investment Advisors Inc. decreased its holdings in Sensient Technologies Co. (NYSE:SXT) by 19.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,721 shares of the specialty chemicals company’s stock after selling 1,405 shares during the period. GHP Investment Advisors Inc.’s holdings in Sensient Technologies were worth $378,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SXT. Milestone Investment Advisors LLC bought a new stake in shares of Sensient Technologies in the third quarter worth $29,000. Covestor Ltd boosted its position in Sensient Technologies by 88.1% during the first quarter. Covestor Ltd now owns 489 shares of the specialty chemicals company’s stock valued at $41,000 after acquiring an additional 229 shares during the last quarter. Signaturefd LLC boosted its position in Sensient Technologies by 1,486.7% during the third quarter. Signaturefd LLC now owns 714 shares of the specialty chemicals company’s stock valued at $42,000 after acquiring an additional 669 shares during the last quarter. State of Wyoming boosted its position in Sensient Technologies by 23.3% during the fourth quarter. State of Wyoming now owns 720 shares of the specialty chemicals company’s stock valued at $53,000 after acquiring an additional 136 shares during the last quarter. Finally, ST Germain D J Co. Inc. bought a new stake in Sensient Technologies during the second quarter valued at $64,000. Institutional investors own 90.86% of the company’s stock.

Sensient Technologies Stock Performance

Shares of SXT opened at $68.33 on Friday. The company has a current ratio of 3.96, a quick ratio of 1.43 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $2.89 billion, a P/E ratio of 30.78 and a beta of 0.79. The firm’s fifty day simple moving average is $66.79 and its two-hundred day simple moving average is $62.51. Sensient Technologies Co. has a 12 month low of $52.90 and a 12 month high of $78.70.

Sensient Technologies (NYSE:SXT) last issued its quarterly earnings results on Friday, February 9th. The specialty chemicals company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.04). The firm had revenue of $349.30 million for the quarter, compared to the consensus estimate of $371.10 million. Sensient Technologies had a net margin of 6.41% and a return on equity of 11.52%. The business’s revenue was up .2% compared to the same quarter last year. During the same period last year, the company posted $0.64 EPS. As a group, analysts predict that Sensient Technologies Co. will post 2.95 EPS for the current year.

Sensient Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Tuesday, February 6th were issued a dividend of $0.41 per share. The ex-dividend date of this dividend was Monday, February 5th. This represents a $1.64 annualized dividend and a dividend yield of 2.40%. Sensient Technologies’s dividend payout ratio is currently 73.87%.

Sensient Technologies Company Profile

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.