4,051 Shares in Sensient Technologies Co. (NYSE:SXT) Purchased by Brevan Howard Capital Management LP

Brevan Howard Capital Management LP bought a new stake in shares of Sensient Technologies Co. (NYSE:SXT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 4,051 shares of the specialty chemicals company’s stock, valued at approximately $289,000.

Other institutional investors have also added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Sensient Technologies in the 4th quarter worth approximately $25,000. Jones Financial Companies Lllp increased its holdings in Sensient Technologies by 18,766.7% during the fourth quarter. Jones Financial Companies Lllp now owns 566 shares of the specialty chemicals company’s stock valued at $40,000 after buying an additional 563 shares during the period. Quarry LP bought a new position in Sensient Technologies in the fourth quarter worth approximately $50,000. R Squared Ltd purchased a new stake in Sensient Technologies during the fourth quarter worth $65,000. Finally, Covestor Ltd lifted its holdings in Sensient Technologies by 49.4% during the fourth quarter. Covestor Ltd now owns 920 shares of the specialty chemicals company’s stock worth $66,000 after buying an additional 304 shares during the period. Hedge funds and other institutional investors own 90.86% of the company’s stock.

Analysts Set New Price Targets

SXT has been the topic of a number of analyst reports. Robert W. Baird lifted their price target on Sensient Technologies from $85.00 to $93.00 and gave the company an “outperform” rating in a report on Monday, April 28th. StockNews.com downgraded Sensient Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, March 22nd.

Sensient Technologies Stock Up 0.4%

Shares of Sensient Technologies stock opened at $95.72 on Monday. The company has a quick ratio of 1.34, a current ratio of 3.55 and a debt-to-equity ratio of 0.58. The company has a market cap of $4.06 billion, a P/E ratio of 32.56 and a beta of 0.58. The firm’s 50 day moving average price is $78.21 and its 200-day moving average price is $75.93. Sensient Technologies Co. has a 52-week low of $66.15 and a 52-week high of $103.98.

Sensient Technologies (NYSE:SXT) last announced its earnings results on Friday, April 25th. The specialty chemicals company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.04. Sensient Technologies had a net margin of 8.01% and a return on equity of 11.93%. The company had revenue of $392.33 million during the quarter, compared to the consensus estimate of $387.70 million. During the same period last year, the firm earned $0.73 earnings per share. Sensient Technologies’s revenue was up 2.0% compared to the same quarter last year. On average, sell-side analysts predict that Sensient Technologies Co. will post 3.1 EPS for the current fiscal year.

Sensient Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.64 annualized dividend and a yield of 1.71%. Sensient Technologies’s dividend payout ratio (DPR) is 54.30%.

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.