AXQ Capital LP bought a new stake in Sensata Technologies Holding plc (NYSE:ST - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 19,709 shares of the scientific and technical instruments company's stock, valued at approximately $540,000.
Several other large investors have also made changes to their positions in ST. Sei Investments Co. lifted its position in shares of Sensata Technologies by 54.6% during the 4th quarter. Sei Investments Co. now owns 756,476 shares of the scientific and technical instruments company's stock valued at $20,728,000 after buying an additional 267,318 shares in the last quarter. American Century Companies Inc. grew its stake in Sensata Technologies by 19.0% during the 4th quarter. American Century Companies Inc. now owns 1,189,095 shares of the scientific and technical instruments company's stock valued at $32,581,000 after acquiring an additional 189,560 shares in the last quarter. Virtu Financial LLC acquired a new stake in Sensata Technologies in the 4th quarter valued at about $243,000. Quantbot Technologies LP lifted its stake in Sensata Technologies by 200.1% in the 4th quarter. Quantbot Technologies LP now owns 141,768 shares of the scientific and technical instruments company's stock worth $3,884,000 after purchasing an additional 94,529 shares in the last quarter. Finally, Goodman Financial Corp boosted its holdings in shares of Sensata Technologies by 8.1% during the 4th quarter. Goodman Financial Corp now owns 348,560 shares of the scientific and technical instruments company's stock worth $9,551,000 after purchasing an additional 26,181 shares during the last quarter. 99.42% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several research firms recently commented on ST. The Goldman Sachs Group cut their price target on Sensata Technologies from $36.00 to $32.00 and set a "neutral" rating for the company in a report on Thursday, January 16th. Evercore ISI reduced their price target on Sensata Technologies from $43.00 to $40.00 and set an "outperform" rating on the stock in a report on Friday, January 17th. UBS Group lowered their price target on shares of Sensata Technologies from $38.00 to $37.00 and set a "buy" rating on the stock in a research report on Wednesday, February 12th. Finally, Oppenheimer reduced their target price 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 investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $39.08.
Check Out Our Latest Stock Analysis on ST
Sensata Technologies Trading Down 4.9 %
Shares of NYSE:ST traded down $1.35 during mid-day trading on Thursday, reaching $26.12. 2,560,496 shares of the company were exchanged, compared to its average volume of 1,646,356. The firm has a market cap of $3.91 billion, a price-to-earnings ratio of 31.09, a P/E/G ratio of 1.25 and a beta of 1.20. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99. Sensata Technologies Holding plc has a 1 year low of $24.91 and a 1 year high of $43.14. The firm's 50-day simple moving average is $27.91 and its 200 day simple moving average is $30.81.
Sensata Technologies (NYSE:ST - Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 EPS for the quarter, hitting the consensus estimate of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. Equities research analysts forecast that Sensata Technologies Holding plc will post 3.21 EPS for the current year.
Sensata Technologies Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies's dividend payout ratio (DPR) is currently 57.14%.
Sensata Technologies Profile
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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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