Sensata Technologies Holding plc (NYSE:ST) Shares Sold by Copeland Capital Management LLC

Copeland Capital Management LLC reduced its holdings in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 4.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,708,591 shares of the scientific and technical instruments company's stock after selling 79,729 shares during the quarter. Copeland Capital Management LLC owned about 1.14% of Sensata Technologies worth $46,815,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in ST. Blue Trust Inc. raised its position in shares of Sensata Technologies by 738.7% in 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. Quarry LP grew its holdings in shares of Sensata Technologies by 227.1% during the second quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company's stock valued at $40,000 after buying an additional 738 shares during the last quarter. Assetmark Inc. increased its position in shares of Sensata Technologies by 19.0% during the third quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company's stock valued at $93,000 after acquiring an additional 416 shares in the last quarter. R Squared Ltd purchased a new stake in Sensata Technologies during the 4th quarter valued at $104,000. Finally, KBC Group NV grew its stake in shares of Sensata Technologies by 83.5% in the fourth quarter. KBC Group NV now owns 7,286 shares of the scientific and technical instruments company's stock worth $200,000 after acquiring an additional 3,315 shares during the period. 99.42% of the stock is owned by hedge funds and other institutional investors.

Sensata Technologies Stock Down 0.3 %

Sensata Technologies stock traded down $0.09 during midday trading on Wednesday, hitting $25.66. 663,497 shares of the company's stock were exchanged, compared to its average volume of 1,407,041. Sensata Technologies Holding plc has a 12 month low of $24.91 and a 12 month high of $43.14. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.60. The company has a market cap of $3.84 billion, a PE ratio of -47.55, a P/E/G ratio of 0.82 and a beta of 1.23. The firm has a 50-day moving average of $28.75 and a two-hundred day moving average of $33.11.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.86. Sensata Technologies had a positive return on equity of 17.68% and a negative net margin of 1.98%. The company had revenue of $982.80 million for the quarter, compared to analyst estimates of $983.93 million. During the same quarter in the previous year, the firm earned $0.91 earnings per share. The firm's quarterly revenue was down 1.8% compared to the same quarter last year. As a group, analysts expect that Sensata Technologies Holding plc will post 3.44 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.87%. The ex-dividend date is Wednesday, February 12th. Sensata Technologies's dividend payout ratio is currently -88.89%.

Analyst Upgrades and Downgrades

ST has been the subject of a number of recent research reports. 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 research note on Thursday, January 16th. Stifel Nicolaus decreased their price target on shares of Sensata Technologies from $43.00 to $38.00 and set a "hold" rating on the stock in a research report on Tuesday, November 5th. Oppenheimer reduced their price objective on Sensata Technologies from $47.00 to $44.00 and set an "outperform" rating for the company in a research note on Tuesday, November 5th. JPMorgan Chase & Co. lowered their target price on Sensata Technologies from $34.00 to $32.00 and set an "underweight" rating on the stock in a research report on Tuesday, November 5th. Finally, TD Cowen decreased their price objective on Sensata Technologies from $50.00 to $45.00 and set a "buy" rating on the stock in a research note on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $39.58.

Sensata Technologies Profile

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.