Canada Pension Plan Investment Board purchased a new position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 19,000 shares of the scientific and technical instruments company's stock, valued at approximately $521,000.
A number of other institutional investors also recently added to or reduced their stakes in the business. Blue Trust Inc. raised its position in Sensata Technologies by 738.7% during the fourth quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company's stock worth $26,000 after acquiring an additional 820 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new stake in Sensata Technologies during the 4th quarter valued at $27,000. Venturi Wealth Management LLC raised its holdings in shares of Sensata Technologies by 67.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company's stock worth $56,000 after acquiring an additional 817 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of Sensata Technologies by 48.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company's stock valued at $69,000 after acquiring an additional 820 shares during the last quarter. Finally, Headlands Technologies LLC increased its position in Sensata Technologies by 524.8% during the 4th quarter. Headlands Technologies LLC now owns 2,768 shares of the scientific and technical instruments company's stock worth $76,000 after purchasing an additional 2,325 shares in the last quarter. Hedge funds and other institutional investors own 99.42% of the company's stock.
Sensata Technologies Stock Up 0.3 %
ST stock traded up $0.07 during midday trading on Tuesday, hitting $21.44. 451,791 shares of the company's stock were exchanged, compared to its average volume of 1,804,806. The stock has a market capitalization of $3.21 billion, a price-to-earnings ratio of 25.51, a price-to-earnings-growth ratio of 1.25 and a beta of 1.12. 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 firm has a 50 day moving average price of $24.39 and a 200-day moving average price of $28.26. Sensata Technologies Holding plc has a 12-month low of $17.32 and a 12-month high of $43.14.
Sensata Technologies (NYSE:ST - Get Free Report) last released its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share for the quarter, hitting the consensus estimate of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. On average, analysts anticipate that Sensata Technologies Holding plc will post 3.21 EPS for the current year.
Sensata Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.24%. The ex-dividend date of this dividend is Wednesday, May 14th. Sensata Technologies's dividend payout ratio (DPR) is presently 57.14%.
Analyst Upgrades and Downgrades
ST has been the topic of a number of analyst reports. Oppenheimer decreased 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 report on Thursday, February 13th. UBS Group reduced their target price on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. JPMorgan Chase & Co. dropped their price objective on shares of Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating for the company in a research note on Thursday, April 17th. Wells Fargo & Company started coverage on shares of Sensata Technologies in a report on Friday. They issued an "equal weight" rating and a $20.00 target price for the company. Finally, Robert W. Baird dropped their price objective on Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating for the company in a report on Tuesday, April 15th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Sensata Technologies presently has an average rating of "Hold" and a consensus target price of $33.33.
View Our Latest Research Report on Sensata Technologies
Sensata Technologies Company 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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