Jackson Creek Investment Advisors LLC Acquires Shares of 20,257 Sensient Technologies Co. (NYSE:SXT)

Jackson Creek Investment Advisors LLC bought a new position in Sensient Technologies Co. (NYSE:SXT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 20,257 shares of the specialty chemicals company’s stock, valued at approximately $1,444,000.

A number of other institutional investors have also made changes to their positions in the company. Kohmann Bosshard Financial Services LLC acquired a new position in Sensient Technologies in the fourth quarter worth $25,000. Jones Financial Companies Lllp lifted its position in shares of Sensient Technologies by 18,766.7% in the 4th quarter. Jones Financial Companies Lllp now owns 566 shares of the specialty chemicals company’s stock worth $40,000 after buying an additional 563 shares during the last quarter. R Squared Ltd acquired a new position in shares of Sensient Technologies in the 4th quarter valued at about $65,000. Smartleaf Asset Management LLC grew its position in shares of Sensient Technologies by 152.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,123 shares of the specialty chemicals company’s stock valued at $80,000 after buying an additional 678 shares during the last quarter. Finally, KBC Group NV raised its stake in Sensient Technologies by 77.3% during the fourth quarter. KBC Group NV now owns 1,787 shares of the specialty chemicals company’s stock worth $127,000 after acquiring an additional 779 shares during the period. 90.86% of the stock is currently owned by institutional investors.

Sensient Technologies Price Performance

Shares of SXT opened at $73.17 on Friday. Sensient Technologies Co. has a 12 month low of $66.14 and a 12 month high of $82.99. The company has a market cap of $3.10 billion, a P/E ratio of 24.89 and a beta of 0.71. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.55 and a quick ratio of 1.34. The stock has a fifty day moving average price of $72.43 and a 200 day moving average price of $75.32.

Sensient Technologies (NYSE:SXT) last released its quarterly earnings data on Friday, February 14th. The specialty chemicals company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.01. The business had revenue of $376.40 million for the quarter, compared to analysts’ expectations of $375.10 million. Sensient Technologies had a net margin of 8.01% and a return on equity of 11.93%. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.51 EPS. On average, research analysts forecast that Sensient Technologies Co. will post 3.1 earnings per share for the current year.

Sensient Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 4th were given a dividend of $0.41 per share. The ex-dividend date was Tuesday, February 4th. This represents a $1.64 annualized dividend and a dividend yield of 2.24%. Sensient Technologies’s dividend payout ratio is presently 55.78%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Sensient Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th.

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.