Jackson Creek Investment Advisors LLC Buys New Position in Sensient Technologies Co. (NYSE:SXT)

Jackson Creek Investment Advisors LLC purchased a new position in shares of Sensient Technologies Co. (NYSE:SXT) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 20,257 shares of the specialty chemicals company’s stock, valued at approximately $1,444,000.

A number of other institutional investors also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new position in Sensient Technologies during the 4th quarter valued at $6,483,000. State Street Corp grew its holdings in Sensient Technologies by 3.7% during the third quarter. State Street Corp now owns 1,694,114 shares of the specialty chemicals company’s stock worth $135,902,000 after acquiring an additional 60,622 shares during the period. Barclays PLC raised its position in Sensient Technologies by 309.3% in the third quarter. Barclays PLC now owns 77,260 shares of the specialty chemicals company’s stock worth $6,197,000 after acquiring an additional 58,386 shares in the last quarter. Robeco Schweiz AG raised its position in Sensient Technologies by 34.9% in the fourth quarter. Robeco Schweiz AG now owns 158,329 shares of the specialty chemicals company’s stock worth $11,283,000 after acquiring an additional 40,989 shares in the last quarter. Finally, FMR LLC lifted its holdings in Sensient Technologies by 124.0% in the 3rd quarter. FMR LLC now owns 59,223 shares of the specialty chemicals company’s stock valued at $4,751,000 after acquiring an additional 32,784 shares during the last quarter. 90.86% of the stock is owned by institutional investors and hedge funds.

Sensient Technologies Stock Performance

SXT opened at $73.17 on Friday. The business has a fifty day simple moving average of $72.43 and a 200-day simple moving average of $75.32. The firm has a market cap of $3.10 billion, a PE ratio of 24.89 and a beta of 0.71. The company has a quick ratio of 1.34, a current ratio of 3.55 and a debt-to-equity ratio of 0.58. Sensient Technologies Co. has a fifty-two week low of $66.14 and a fifty-two week high of $82.99.

Sensient Technologies (NYSE:SXT) last issued its quarterly earnings results 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 firm had revenue of $376.40 million for the quarter, compared to analysts’ expectations of $375.10 million. Sensient Technologies had a return on equity of 11.93% and a net margin of 8.01%. Sensient Technologies’s revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the business posted $0.51 EPS. As a group, equities analysts predict that Sensient Technologies Co. will post 3.1 EPS for the current fiscal year.

Sensient Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 4th were given a $0.41 dividend. The ex-dividend date of this dividend was Tuesday, February 4th. This represents a $1.64 annualized dividend and a dividend yield of 2.24%. Sensient Technologies’s dividend payout ratio (DPR) is presently 55.78%.

Wall Street Analysts Forecast Growth

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

About Sensient Technologies

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.