Joseph Carleone Buys 1,000 Shares of Sensient Technologies Corporation (SXT) Stock

Sensient Technologies Corporation (NYSE:SXT) Director Joseph Carleone bought 1,000 shares of the firm’s stock in a transaction on Monday, July 24th. The stock was purchased at an average price of $75.32 per share, with a total value of $75,320.00. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Shares of Sensient Technologies Corporation (NYSE:SXT) opened at 72.62 on Friday. The firm has a market capitalization of $3.19 billion, a price-to-earnings ratio of 29.25 and a beta of 1.07. The stock has a 50 day moving average of $77.32 and a 200-day moving average of $79.39. Sensient Technologies Corporation has a 52 week low of $68.51 and a 52 week high of $84.98.

Sensient Technologies Corporation (NYSE:SXT) last posted its quarterly earnings data on Thursday, July 20th. The specialty chemicals company reported $0.87 earnings per share for the quarter, meeting the consensus estimate of $0.87. The firm had revenue of $338.48 million during the quarter. Sensient Technologies Corporation had a net margin of 8.16% and a return on equity of 17.15%. Analysts expect that Sensient Technologies Corporation will post $3.41 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 4th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.65%. The ex-dividend date of this dividend is Wednesday, August 2nd. Sensient Technologies Corporation’s payout ratio is presently 48.39%.

ILLEGAL ACTIVITY NOTICE: This report was published by Community Financial News and is the property of of Community Financial News. If you are accessing this report on another domain, it was stolen and republished in violation of U.S. & international trademark and copyright laws. The original version of this report can be read at https://www.com-unik.info/2017/08/19/sensient-technologies-corporation-sxt-director-buys-75320-00-in-stock-updated-updated-updated.html.

SXT has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of Sensient Technologies Corporation from a “hold” rating to a “buy” rating and set a $92.00 target price for the company in a research report on Tuesday, May 2nd. BidaskClub lowered shares of Sensient Technologies Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th.

A number of large investors have recently bought and sold shares of the stock. Horan Securities Inc. bought a new stake in Sensient Technologies Corporation during the first quarter valued at $124,000. Tower Research Capital LLC TRC boosted its stake in Sensient Technologies Corporation by 5,636.7% in the first quarter. Tower Research Capital LLC TRC now owns 1,721 shares of the specialty chemicals company’s stock valued at $136,000 after buying an additional 1,691 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Sensient Technologies Corporation by 8.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,774 shares of the specialty chemicals company’s stock valued at $143,000 after buying an additional 139 shares during the last quarter. Airain ltd bought a new stake in Sensient Technologies Corporation during the first quarter valued at $202,000. Finally, Acrospire Investment Management LLC boosted its stake in Sensient Technologies Corporation by 118.2% in the second quarter. Acrospire Investment Management LLC now owns 2,584 shares of the specialty chemicals company’s stock valued at $208,000 after buying an additional 1,400 shares during the last quarter. Hedge funds and other institutional investors own 88.94% of the company’s stock.

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.

What are top analysts saying about Sensient Technologies Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Sensient Technologies Corporation and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit