What Will Happen to Sensient Technologies Corporation (NYSE:SXT) Next? The Stock Has Increase in Shorts

September 30, 2018 - By Matthew Richard

Sensient Technologies Corporation (NYSE:SXT) Logo

Investors sentiment increased to 0.88 in Q2 2018. Its up 0.07, from 0.81 in 2018Q1. It improved, as 19 investors sold Sensient Technologies Corporation shares while 78 reduced holdings. 21 funds opened positions while 64 raised stakes. 37.61 million shares or 2.76% more from 36.60 million shares in 2018Q1 were reported.
Legal And General Grp Plc reported 52,823 shares. Price T Rowe Assocs Md, a Maryland-based fund reported 15,676 shares. Amalgamated Bancorp reported 6,610 shares or 0.01% of all its holdings. Moreover, Jefferies Gp has 0.1% invested in Sensient Technologies Corporation (NYSE:SXT) for 18,647 shares. Envestnet Asset Mngmt reported 3,796 shares. Ftb Advsrs has invested 0% in Sensient Technologies Corporation (NYSE:SXT). D E Shaw And Incorporated holds 149,065 shares. Mutual Of America Cap Ltd Company holds 0.04% or 36,346 shares. Signaturefd Ltd Liability reported 0% of its portfolio in Sensient Technologies Corporation (NYSE:SXT). Old Mutual Global Invsts (Uk) Limited invested in 0.05% or 105,848 shares. 158,596 are held by Morgan Stanley. Oregon Public Employees Retirement Fund, a Oregon-based fund reported 16,483 shares. State Board Of Administration Of Florida Retirement accumulated 0% or 22,541 shares. Janney Management Ltd Liability Co reported 0.01% stake. Northwestern Mutual Wealth Management Co stated it has 0% in Sensient Technologies Corporation (NYSE:SXT).

Since April 30, 2018, it had 1 insider purchase, and 0 selling transactions for $68,190 activity.

The stock of Sensient Technologies Corporation (NYSE:SXT) registered an increase of 2.8% in short interest. SXT’s total short interest was 3.52 million shares in September as published by FINRA. Its up 2.8% from 3.42M shares, reported previously. With 159,100 shares average volume, it will take short sellers 22 days to cover their SXT’s short positions. The short interest to Sensient Technologies Corporation’s float is 8.4%.

The stock decreased 0.05% or $0.04 during the last trading session, reaching $76.51. About 232,820 shares traded. Sensient Technologies Corporation (NYSE:SXT) has declined 0.55% since September 30, 2017 and is downtrending. It has underperformed by 16.17% the S&P500.

Sensient Technologies Corporation manufactures and markets colors, flavors, and fragrances in the United States and internationally. The company has market cap of $3.24 billion. The firm operates through two divisions, Flavors & Fragrances Group, and Color Group. It has a 26.92 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.

Sensient Technologies Corporation (NYSE:SXT) Institutional Positions Chart

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