Eagle Asset Management Inc Increased Sensient Technologies Corp (NYSE:SXT) Stake by $13.68 Million

August 12, 2018 - By Benjamin Allen

Sensient Technologies Corporation (NYSE:SXT) LogoInvestors sentiment decreased to 0.81 in Q1 2018. Its down 0.47, from 1.28 in 2017Q4. It dropped, as 29 investors sold SXT shares while 82 reduced holdings. 25 funds opened positions while 65 raised stakes. 36.60 million shares or 3.58% more from 35.33 million shares in 2017Q4 were reported. First Mercantile Trust has 3,395 shares for 0.05% of their portfolio. Stevens First Principles Investment Advsrs owns 6,500 shares. Arizona State Retirement reported 29,191 shares. Moreover, Shelton Capital Mngmt has 0.05% invested in Sensient Technologies Corporation (NYSE:SXT). 345,408 were accumulated by Snyder Capital Mgmt Limited Partnership. Pub Employees Retirement Of Ohio reported 22,696 shares. Morgan Stanley, New York-based fund reported 193,836 shares. Evercore Wealth Management Limited Liability reported 0.01% of its portfolio in Sensient Technologies Corporation (NYSE:SXT). Swiss Bankshares has invested 0.01% of its portfolio in Sensient Technologies Corporation (NYSE:SXT). Employees Retirement System Of Texas invested in 0.04% or 43,000 shares. Jefferies Gp, New York-based fund reported 18,209 shares. Wells Fargo Company Mn invested in 0.01% or 586,417 shares. Bryn Mawr Trust has 0.4% invested in Sensient Technologies Corporation (NYSE:SXT) for 99,887 shares. Dupont Capital Corp holds 6,280 shares. Martingale Asset Limited Partnership has 0.06% invested in Sensient Technologies Corporation (NYSE:SXT).

Since February 15, 2018, it had 2 insider purchases, and 1 sale for $3,271 activity. 2,000 Sensient Technologies Corporation (NYSE:SXT) shares with value of $143,561 were sold by BROWN HANK.

Eagle Asset Management Inc increased its stake in Sensient Technologies Corp (NYSE:SXT) by 30.54% based on its latest 2018Q2 regulatory filing with the SEC. Eagle Asset Management Inc bought 192,741 shares as the company’s stock declined 7.23% with the market. The institutional investor held 823,849 shares of the major chemicals company at the end of 2018Q2, valued at $58.95M, up from 631,108 at the end of the previous reported quarter. Eagle Asset Management Inc who had been investing in Sensient Technologies Corp for a number of months, seems to be bullish on the $2.90B market cap company. The stock decreased 0.22% or $0.15 during the last trading session, reaching $68.47. About 168,991 shares traded. Sensient Technologies Corporation (NYSE:SXT) has declined 15.05% since August 13, 2017 and is downtrending. It has underperformed by 27.62% the S&P500.

Eagle Asset Management Inc, which manages about $25.60 billion and $18.55 billion US Long portfolio, decreased its stake in Proofpoint Inc (NASDAQ:PFPT) by 214,090 shares to 617,507 shares, valued at $71.20M in 2018Q2, according to the filing. It also reduced its holding in Veeco Instruments Inc (NASDAQ:VECO) by 840,040 shares in the quarter, leaving it with 1.37M shares, and cut its stake in Cotiviti Holdings Inc ().

Eagle Asset Management Inc is a Florida-based institutional investor with more than $25.60 billion AUM in December, 2014. Taken from Eagle Asset Management latest Adv, the fund reported to have 195 full and part-time employees. Among which 65 performing investment advisory and research functions. The institutional investor had more than 24500 clients.

Sensient Technologies Corporation manufactures and markets colors, flavors, and fragrances in the United States and internationally. The company has market cap of $2.90 billion. The firm operates through two divisions, Flavors & Fragrances Group, and Color Group. It has a 24.09 P/E ratio. The Flavors & Fragrances Group segment develops, makes, and supplies systems products, including flavor-delivery systems, and compounded and blended products; ingredient products, such as essential oils, natural and synthetic flavors, and aroma chemicals; chili powder; paprika; chili pepper; and dehydrated vegetables comprising parsley, celery, and spinach.

Another recent and important Sensient Technologies Corporation (NYSE:SXT) news was published by Seekingalpha.com which published an article titled: “Sensient Technologies Corp (SXT) CEO Paul Manning on Q2 2018 Results – Earnings Call Transcript” on July 20, 2018.

Sensient Technologies Corporation (NYSE:SXT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.