Robeco Institutional Asset Management B.V. Acquires 6,247 Shares of Sensient Technologies Co. (NYSE:SXT)

Robeco Institutional Asset Management B.V. grew its holdings in Sensient Technologies Co. (NYSE:SXT) by 34.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,449 shares of the specialty chemicals company’s stock after purchasing an additional 6,247 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Sensient Technologies were worth $1,742,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SXT. The Manufacturers Life Insurance Company grew its position in shares of Sensient Technologies by 3.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 22,413 shares of the specialty chemicals company’s stock worth $1,663,000 after buying an additional 665 shares during the last quarter. Creative Planning grew its position in shares of Sensient Technologies by 27.8% in the 2nd quarter. Creative Planning now owns 19,410 shares of the specialty chemicals company’s stock worth $1,440,000 after buying an additional 4,217 shares during the last quarter. Quarry LP purchased a new position in shares of Sensient Technologies in the 2nd quarter worth approximately $29,000. Inspire Investing LLC grew its position in shares of Sensient Technologies by 8.3% in the 3rd quarter. Inspire Investing LLC now owns 5,147 shares of the specialty chemicals company’s stock worth $413,000 after buying an additional 393 shares during the last quarter. Finally, nVerses Capital LLC purchased a new position in shares of Sensient Technologies in the 3rd quarter worth approximately $72,000. Hedge funds and other institutional investors own 90.86% of the company’s stock.

Sensient Technologies Stock Down 0.5 %

NYSE:SXT opened at $75.12 on Tuesday. The company has a market cap of $3.18 billion, a PE ratio of 35.94 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 current ratio of 3.74, a quick ratio of 1.47 and a debt-to-equity ratio of 0.58. The company’s 50 day moving average is $74.28 and its two-hundred day moving average is $75.81.

Sensient Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 4th will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.18%. The ex-dividend date of this dividend is Tuesday, February 4th. Sensient Technologies’s dividend payout ratio is presently 78.47%.

Insiders Place Their Bets

In other Sensient Technologies news, insider Michael C. Geraghty sold 4,000 shares of Sensient Technologies stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $80.48, for a total transaction of $321,920.00. Following the completion of the sale, the insider now directly owns 36,518 shares in the company, valued at approximately $2,938,968.64. The trade was a 9.87 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.40% of the stock is owned by insiders.

Analysts Set New Price Targets

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

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.