Alliancebernstein L.P. lowered its position in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 6.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,054,740 shares of the scientific and technical instruments company's stock after selling 68,032 shares during the quarter. Alliancebernstein L.P. owned about 0.71% of Sensata Technologies worth $28,900,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Boston Partners lifted its position in Sensata Technologies by 11.6% in the fourth quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company's stock valued at $179,087,000 after buying an additional 677,316 shares during the last quarter. State Street Corp raised its stake in shares of Sensata Technologies by 0.4% in the 3rd quarter. State Street Corp now owns 5,470,903 shares of the scientific and technical instruments company's stock valued at $196,187,000 after acquiring an additional 23,946 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Sensata Technologies by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 2,520,062 shares of the scientific and technical instruments company's stock worth $90,393,000 after acquiring an additional 24,707 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of Sensata Technologies by 5.9% during the 4th quarter. Victory Capital Management Inc. now owns 2,231,369 shares of the scientific and technical instruments company's stock worth $61,140,000 after purchasing an additional 124,535 shares during the period. Finally, Norges Bank acquired a new stake in Sensata Technologies in the 4th quarter valued at approximately $48,580,000. Institutional investors and hedge funds own 99.42% of the company's stock.
Sensata Technologies Stock Up 0.4 %
NYSE:ST traded up $0.09 during mid-day trading on Friday, hitting $19.53. The stock had a trading volume of 1,946,030 shares, compared to its average volume of 1,790,666. Sensata Technologies Holding plc has a twelve month low of $17.32 and a twelve month high of $43.14. The stock has a 50-day simple moving average of $26.06 and a two-hundred day simple moving average of $29.49. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. The company has a market capitalization of $2.92 billion, a PE ratio of 23.25, a PEG ratio of 1.25 and a beta of 1.12.
Sensata Technologies (NYSE:ST - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share for the quarter, meeting analysts' consensus estimates of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. On average, equities research analysts anticipate that Sensata Technologies Holding plc will post 3.21 EPS for the current year.
Sensata Technologies Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.48 annualized dividend and a dividend yield of 2.46%. Sensata Technologies's dividend payout ratio is currently 57.14%.
Wall Street Analyst Weigh In
ST has been the topic of a number of research reports. Evercore ISI cut Sensata Technologies from an "outperform" rating to an "inline" rating and decreased their price target for the stock from $40.00 to $27.00 in a research note on Thursday, April 3rd. UBS Group cut their price objective on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday. The Goldman Sachs Group upgraded Sensata Technologies from a "neutral" rating to a "buy" rating and lowered their target price for the company from $31.00 to $27.00 in a report on Thursday. Finally, Oppenheimer cut their price target on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating on the stock in a research note on Thursday, February 13th. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $36.73.
Read Our Latest Stock Analysis on Sensata Technologies
Sensata Technologies Profile
(
Free Report)
Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.
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