Louisiana State Employees Retirement System Acquires Shares of 21,100 Sensient Technologies Co. (NYSE:SXT)

Louisiana State Employees Retirement System acquired a new stake in Sensient Technologies Co. (NYSE:SXT) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 21,100 shares of the specialty chemicals company’s stock, valued at approximately $1,393,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Mackenzie Financial Corp boosted its position in shares of Sensient Technologies by 5.1% in the first quarter. Mackenzie Financial Corp now owns 2,573 shares of the specialty chemicals company’s stock valued at $216,000 after acquiring an additional 124 shares during the period. Panagora Asset Management Inc. boosted its position in shares of Sensient Technologies by 2.0% in the first quarter. Panagora Asset Management Inc. now owns 6,516 shares of the specialty chemicals company’s stock valued at $547,000 after acquiring an additional 127 shares during the period. State of Wyoming boosted its position in shares of Sensient Technologies by 23.3% in the fourth quarter. State of Wyoming now owns 720 shares of the specialty chemicals company’s stock valued at $53,000 after acquiring an additional 136 shares during the period. First Republic Investment Management Inc. boosted its position in shares of Sensient Technologies by 2.4% in the first quarter. First Republic Investment Management Inc. now owns 6,678 shares of the specialty chemicals company’s stock valued at $561,000 after acquiring an additional 156 shares during the period. Finally, LPL Financial LLC boosted its position in shares of Sensient Technologies by 5.7% in the third quarter. LPL Financial LLC now owns 3,583 shares of the specialty chemicals company’s stock valued at $210,000 after acquiring an additional 194 shares during the period. 90.86% of the stock is currently owned by institutional investors and hedge funds.

Sensient Technologies Trading Up 1.3 %

Shares of Sensient Technologies stock opened at $69.14 on Monday. The firm has a 50-day moving average of $67.46 and a 200-day moving average of $62.94. The stock has a market cap of $2.93 billion, a PE ratio of 31.14 and a beta of 0.79. Sensient Technologies Co. has a 52-week low of $52.90 and a 52-week high of $78.70. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.43 and a current ratio of 3.96.

Sensient Technologies (NYSE:SXT) last posted its quarterly earnings data on Friday, February 9th. The specialty chemicals company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.04). Sensient Technologies had a return on equity of 11.52% and a net margin of 6.41%. The firm had revenue of $349.30 million for the quarter, compared to the consensus estimate of $371.10 million. During the same period in the prior year, the company earned $0.64 EPS. The company’s revenue for the quarter was up .2% compared to the same quarter last year. As a group, sell-side analysts forecast that Sensient Technologies Co. will post 2.95 EPS for the current year.

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.