Capital Management Corp VA decreased its position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 12.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 195,385 shares of the scientific and technical instruments company's stock after selling 27,507 shares during the period. Capital Management Corp VA owned 0.13% of Sensata Technologies worth $5,354,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. increased its stake in shares of Sensata Technologies by 738.7% during the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company's stock worth $26,000 after purchasing an additional 820 shares during the last quarter. Venturi Wealth Management LLC increased its position in Sensata Technologies by 67.6% during 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 buying an additional 817 shares during the last quarter. Quarry LP raised its holdings in Sensata Technologies by 61.2% during the third quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company's stock valued at $61,000 after buying an additional 651 shares in the last quarter. Parkside Financial Bank & Trust raised its holdings in 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 buying an additional 820 shares in the last quarter. Finally, Assetmark Inc. lifted its position in shares of Sensata Technologies by 19.0% in the third quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company's stock worth $93,000 after buying an additional 416 shares during the last quarter. Hedge funds and other institutional investors own 99.42% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on ST shares. The Goldman Sachs Group lowered their price objective on Sensata Technologies from $36.00 to $32.00 and set a "neutral" rating on the stock in a report on Thursday, January 16th. Evercore ISI lowered 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 reduced their price objective on shares of Sensata Technologies from $38.00 to $37.00 and set a "buy" rating for the company in a research note on Wednesday, February 12th. Finally, Oppenheimer lowered 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's stock. According to MarketBeat, Sensata Technologies currently has an average rating of "Hold" and a consensus price target of $39.08.
Get Our Latest Report on ST
Sensata Technologies Stock Performance
Shares of NYSE:ST traded down $0.82 on Wednesday, hitting $26.77. 1,479,926 shares of the company were exchanged, compared to its average volume of 1,663,172. The company's 50 day moving average price is $27.97 and its two-hundred day moving average price is $31.53. The firm has a market capitalization of $4.00 billion, a price-to-earnings ratio of 31.87, a PEG ratio of 1.25 and a beta of 1.20. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. Sensata Technologies Holding plc has a one year low of $24.91 and a one year high of $43.14.
Sensata Technologies (NYSE:ST - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. Research analysts expect that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.
Sensata Technologies Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were given a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.48 annualized dividend and a yield of 1.79%. Sensata Technologies's dividend payout ratio (DPR) is currently 57.14%.
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.
Recommended Stories
Before you consider Sensata Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sensata Technologies wasn't on the list.
While Sensata Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
