SG Americas Securities LLC Acquires 541 Shares of Sensient Technologies Co. (NYSE:SXT)

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

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. nVerses Capital LLC acquired a new stake in shares of Sensient Technologies during the third quarter worth $72,000. Blue Trust Inc. boosted its position in Sensient Technologies by 2,753.7% during the third quarter. Blue Trust Inc. now owns 1,912 shares of the specialty chemicals company’s stock valued at $142,000 after acquiring an additional 1,845 shares during the last quarter. Paloma Partners Management Co acquired a new stake in Sensient Technologies during the 3rd quarter worth about $210,000. Stanley Laman Group Ltd. bought a new position in shares of Sensient Technologies in the 3rd quarter worth about $214,000. Finally, Olympiad Research LP acquired a new position in shares of Sensient Technologies in the 3rd quarter valued at about $249,000. 90.86% of the stock is owned by institutional investors and hedge funds.

Sensient Technologies Stock Performance

NYSE:SXT opened at $75.94 on Monday. The firm has a market capitalization of $3.22 billion, a P/E ratio of 36.34 and a beta of 0.77. Sensient Technologies Co. has a twelve month low of $55.02 and a twelve month high of $82.99. The company has a fifty day moving average of $74.20 and a 200-day moving average of $75.69. The company has a quick ratio of 1.47, a current ratio of 3.74 and a debt-to-equity ratio of 0.58.

Sensient Technologies Announces Dividend

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

Analyst Ratings Changes

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

Sensient Technologies 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.