Handelsinvest Investeringsforvaltning buys $11,423,916 stake in Sensient Technologies Corporation (SXT)

Sensient Technologies Corporation (SXT) : Handelsinvest Investeringsforvaltning scooped up 8,000 additional shares in Sensient Technologies Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 153,300 shares of Sensient Technologies Corporation which is valued at $11,423,916.Sensient Technologies Corporation makes up approximately 4.16% of Handelsinvest Investeringsforvaltning’s portfolio.

Other Hedge Funds, Including , Boston Partners boosted its stake in SXT in the latest quarter, The investment management firm added 1,414 additional shares and now holds a total of 160,941 shares of Sensient Technologies Corporation which is valued at $11,925,728. Sensient Technologies Corporation makes up approx 0.02% of Boston Partners’s portfolio.Calvert Investment Management boosted its stake in SXT in the latest quarter, The investment management firm added 1,456 additional shares and now holds a total of 5,838 shares of Sensient Technologies Corporation which is valued at $432,596. Sensient Technologies Corporation makes up approx 0.02% of Calvert Investment Management’s portfolio.Retirement Systems Of Alabama reduced its stake in SXT by selling 156 shares or 0.27% in the most recent quarter. The Hedge Fund company now holds 57,825 shares of SXT which is valued at $4,299,867. Sensient Technologies Corporation makes up approx 0.02% of Retirement Systems Of Alabama’s portfolio.

Sensient Technologies Corporation closed down -0.16 points or -0.22% at $73.85 with 1,38,037 shares getting traded on Monday. Post opening the session at $74.03, the shares hit an intraday low of $73.765 and an intraday high of $74.43 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Sensient Technologies Corporation reported $0.77 EPS for the quarter, based on the information available during the earnings call on Oct 21, 2015. Analyst had a consensus estimate of $0.77. The company had revenue of $344.50 million for the quarter, compared to analysts expectations of $344.40 million. The company’s revenue was down -5.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.72 EPS.

Many Wall Street Analysts have commented on Sensient Technologies Corporation. Sensient Technologies Corporation was Downgraded by Gabelli & Co to ” Hold” on Jul 25, 2016.

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. The Company’s customers include international manufacturers. Its products include flavors flavor enhancers and bionutrients; fragrances and aroma chemicals; natural ingredients including dehydrated vegetables and other food ingredients; natural and synthetic food and beverage colors; cosmetic and pharmaceutical colors and ingredients and technical colors specialty inks and colors and specialty dyes and pigments. The Company operates under the following segments: Flavors & Fragrances Group and the Color Group.

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