SG Americas Securities LLC Grows Holdings in Sensient Technologies Co. (NYSE:SXT)

SG Americas Securities LLC raised its position in Sensient Technologies Co. (NYSE:SXT) by 32.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,229 shares of the specialty chemicals company’s stock after buying an additional 541 shares during the period. SG Americas Securities LLC’s holdings in Sensient Technologies were worth $159,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. Harbor Capital Advisors Inc. grew its position in Sensient Technologies by 25.3% during the fourth quarter. Harbor Capital Advisors Inc. now owns 16,334 shares of the specialty chemicals company’s stock valued at $1,164,000 after buying an additional 3,298 shares during the period. JPMorgan Chase & Co. increased its holdings in Sensient Technologies by 22.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 99,938 shares of the specialty chemicals company’s stock worth $8,017,000 after acquiring an additional 18,235 shares during the period. Franklin Resources Inc. raised its position in shares of Sensient Technologies by 4.8% in the third quarter. Franklin Resources Inc. now owns 3,462 shares of the specialty chemicals company’s stock worth $270,000 after buying an additional 160 shares in the last quarter. Tidal Investments LLC raised its holdings in shares of Sensient Technologies by 25.9% in the 3rd quarter. Tidal Investments LLC now owns 13,364 shares of the specialty chemicals company’s stock valued at $1,072,000 after acquiring an additional 2,747 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Sensient Technologies by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 961,455 shares of the specialty chemicals company’s stock worth $77,143,000 after buying an additional 15,868 shares during the last quarter. Institutional investors own 90.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Sensient Technologies from a “hold” rating to a “buy” rating in a research note on Monday, October 28th.

Sensient Technologies Price Performance

SXT opened at $75.94 on Monday. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.74 and a quick ratio of 1.47. Sensient Technologies Co. has a 1 year low of $55.02 and a 1 year high of $82.99. The stock’s 50 day simple moving average is $74.20 and its 200 day simple moving average is $75.69. The firm has a market cap of $3.22 billion, a price-to-earnings ratio of 36.34 and a beta of 0.77.

Sensient Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 4th will be paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.16%. The ex-dividend date of this dividend is Tuesday, February 4th. Sensient Technologies’s payout ratio is 78.47%.

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.