The Oarsman Capital Inc. Holds Stake in Sensient Technologies Corporation (SXT), Report finds

The Oarsman Capital Inc. Holds Stake in Sensient Technologies Corporation (SXT), Report finds

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mesirow Financial Investment Management Equity Management increased its position in shares of Sensient Technologies Corporation by 1,018.8% in the second quarter. Mesirow Financial Investment Management Equity Management now owns 359,507 shares of the company’s stock valued at $25,541,000 after buying an additional 327,374 shares during the last quarter. Aberdeen Asset Management PLC UK boosted its position in Sensient Technologies Corporation by 39.3% in the second quarter. Aberdeen Asset Management PLC UK now owns 549,517 shares of the company’s stock valued at $39,037,000 after buying an additional 155,117 shares during the period. 1832 Asset Management L.P. bought a new position in Sensient Technologies Corporation during the third quarter valued at $9,717,000. BlackRock Fund Advisors boosted its position in Sensient Technologies Corporation by 5.6% in the third quarter. BlackRock Fund Advisors now owns 2,399,028 shares of the company’s stock valued at $181,846,000 after buying an additional 126,423 shares during the period. Finally, Vanguard Group Inc. boosted its position in Sensient Technologies Corporation by 2.8% in the second quarter. Vanguard Group Inc. now owns 3,624,006 shares of the company’s stock valued at $257,449,000 after buying an additional 99,736 shares during the period. 89.71% of the stock is currently owned by institutional investors and hedge funds.

Oarsman Capital Inc. maintained its position in shares of Sensient Technologies Corporation (NYSE:SXT) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 4,000 shares of the company’s stock at the end of the fourth quarter. Oarsman Capital Inc.’s holdings in Sensient Technologies Corporation were worth $314,000 as of its most recent SEC filing.

Shares of Sensient Technologies Corporation (NYSE:SXT) traded up 1.38% during mid-day trading on Thursday, hitting $77.00. 109,052 shares of the company’s stock traded hands. The firm has a 50-day moving average of $77.50 and a 200 day moving average of $75.74. Sensient Technologies Corporation has a 52 week low of $53.43 and a 52 week high of $83.38. The company has a market cap of $3.43 billion, a PE ratio of 30.36 and a beta of 0.92.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 1st. Stockholders of record on Tuesday, February 7th will be issued a dividend of $0.30 per share. The ex-dividend date is Friday, February 3rd. This represents a $1.20 annualized dividend and a dividend yield of 1.56%. Sensient Technologies Corporation’s dividend payout ratio is presently 47.24%.

SXT has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of Sensient Technologies Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, December 27th. KeyCorp boosted their price objective on shares of Sensient Technologies Corporation from $80.00 to $84.00 and gave the stock an “overweight” rating in a research report on Monday, January 23rd.

Sensient Technologies Corporation Company Profile

Sensient Technologies Corporation is a manufacturer and marketer of colors, flavors and fragrances. The Company uses technologies at facilities around the world to develop specialty food and beverage systems, cosmetic and pharmaceutical systems, specialty inks and colors, and other specialty and fine chemicals.

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