Sensient Technologies Co. (NYSE:SXT) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC cut its stake in shares of Sensient Technologies Co. (NYSE:SXT) by 59.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 840 shares of the specialty chemicals company’s stock after selling 1,222 shares during the period. Nisa Investment Advisors LLC’s holdings in Sensient Technologies were worth $55,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Sensient Technologies by 7.1% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,546 shares of the specialty chemicals company’s stock worth $1,290,000 after purchasing an additional 1,302 shares during the period. Moody National Bank Trust Division grew its stake in shares of Sensient Technologies by 5.4% during the 4th quarter. Moody National Bank Trust Division now owns 10,521 shares of the specialty chemicals company’s stock worth $694,000 after purchasing an additional 540 shares during the period. Nordea Investment Management AB grew its stake in shares of Sensient Technologies by 21.9% during the 4th quarter. Nordea Investment Management AB now owns 1,688,101 shares of the specialty chemicals company’s stock worth $111,617,000 after purchasing an additional 303,612 shares during the period. Diversified Trust Co boosted its position in shares of Sensient Technologies by 36.0% in the 4th quarter. Diversified Trust Co now owns 9,589 shares of the specialty chemicals company’s stock worth $633,000 after buying an additional 2,536 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Sensient Technologies by 9.4% in the 3rd quarter. Vanguard Group Inc. now owns 5,325,028 shares of the specialty chemicals company’s stock worth $311,408,000 after buying an additional 457,446 shares in the last quarter. 90.86% of the stock is owned by institutional investors and hedge funds.

Sensient Technologies Price Performance

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

Sensient Technologies (NYSE:SXT) last released its quarterly earnings data on Friday, February 9th. The specialty chemicals company reported $0.51 EPS 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 business had revenue of $349.30 million during the quarter, compared to analysts’ expectations of $371.10 million. During the same quarter in the prior year, the firm earned $0.64 earnings per share. Sensient Technologies’s quarterly revenue was up .2% on a year-over-year basis. On average, equities research analysts predict that Sensient Technologies Co. will post 2.95 EPS for the current fiscal year.

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.