CSM Advisors LLC Has $1.40 Million Stock Holdings in Sensata Technologies Holding plc (NYSE:ST)

CSM Advisors LLC reduced its position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 74.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,182 shares of the scientific and technical instruments company's stock after selling 152,240 shares during the period. CSM Advisors LLC's holdings in Sensata Technologies were worth $1,403,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of Sensata Technologies during the 4th quarter worth $48,580,000. JPMorgan Chase & Co. grew its position in Sensata Technologies by 66.7% in the third quarter. JPMorgan Chase & Co. now owns 660,568 shares of the scientific and technical instruments company's stock valued at $23,688,000 after acquiring an additional 264,334 shares during the last quarter. Prudential Financial Inc. raised its stake in Sensata Technologies by 94.7% during the fourth quarter. Prudential Financial Inc. now owns 213,624 shares of the scientific and technical instruments company's stock worth $5,853,000 after acquiring an additional 103,897 shares in the last quarter. Kempner Capital Management Inc. lifted its holdings in shares of Sensata Technologies by 233.9% in the fourth quarter. Kempner Capital Management Inc. now owns 209,064 shares of the scientific and technical instruments company's stock worth $5,728,000 after acquiring an additional 146,449 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Sensata Technologies by 1.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,060,537 shares of the scientific and technical instruments company's stock worth $29,059,000 after acquiring an additional 19,233 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on ST shares. UBS Group lowered their price objective on shares of Sensata Technologies from $37.00 to $30.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. The Goldman Sachs Group upgraded Sensata Technologies from a "neutral" rating to a "buy" rating and dropped their price target for the company from $31.00 to $27.00 in a research note on Thursday, April 10th. Robert W. Baird reduced their price objective on Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 15th. Evercore ISI cut Sensata Technologies from an "outperform" rating to an "inline" rating and lowered their target price for the stock from $40.00 to $27.00 in a report on Thursday, April 3rd. Finally, JPMorgan Chase & Co. cut their price target on Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating on the stock in a research note on Thursday, April 17th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $34.55.

Sensata Technologies Price Performance

ST stock opened at $19.55 on Wednesday. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11. The firm has a market cap of $2.92 billion, a price-to-earnings ratio of 23.27, a PEG ratio of 1.25 and a beta of 1.12. The company's fifty day simple moving average is $25.07 and its 200 day simple moving average is $28.70. 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 announced its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 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%. On average, analysts expect that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 2.46%. The ex-dividend date of this dividend is Wednesday, May 14th. Sensata Technologies's dividend payout ratio (DPR) is currently 57.14%.

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.

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