Diamond Hill Capital Management Inc. decreased its position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 14.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 696,496 shares of the scientific and technical instruments company's stock after selling 117,176 shares during the quarter. Diamond Hill Capital Management Inc. owned 0.47% of Sensata Technologies worth $19,084,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp lifted its position in Sensata Technologies by 0.4% during the third quarter. State Street Corp now owns 5,470,903 shares of the scientific and technical instruments company's stock worth $196,187,000 after purchasing an additional 23,946 shares during the period. JPMorgan Chase & Co. raised its stake in Sensata Technologies by 66.7% during the third quarter. JPMorgan Chase & Co. now owns 660,568 shares of the scientific and technical instruments company's stock worth $23,688,000 after acquiring an additional 264,334 shares in the last quarter. Loomis Sayles & Co. L P acquired a new position in Sensata Technologies during the third quarter worth about $9,791,000. Kempner Capital Management Inc. raised its stake in Sensata Technologies by 233.9% during 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 in the last quarter. Finally, SG Americas Securities LLC acquired a new position in Sensata Technologies during the fourth quarter worth about $701,000. Institutional investors own 99.42% of the company's stock.
Analysts Set New Price Targets
ST has been the subject of several research analyst reports. The Goldman Sachs Group lowered their target price 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. Evercore ISI lowered their target price on Sensata Technologies from $43.00 to $40.00 and set an "outperform" rating for the company in a research note on Friday, January 17th. UBS Group lowered their price objective on 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 price objective on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a research note on Thursday, February 13th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Sensata Technologies currently has a consensus rating of "Hold" and an average target price of $39.08.
Read Our Latest Report on Sensata Technologies
Sensata Technologies Trading Up 0.6 %
NYSE:ST traded up $0.18 on Wednesday, reaching $27.99. 1,117,298 shares of the stock traded hands, compared to its average volume of 1,648,290. The firm has a market capitalization of $4.19 billion, a price-to-earnings ratio of 33.32, a price-to-earnings-growth ratio of 1.25 and a beta of 1.20. The company's 50 day moving average is $27.91 and its 200-day moving average is $31.15. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. Sensata Technologies Holding plc has a 1-year low of $24.91 and a 1-year 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, meeting analysts' consensus estimates of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. Equities research analysts anticipate that Sensata Technologies Holding plc will post 3.21 EPS for the current fiscal year.
Sensata Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date of this dividend was Wednesday, February 12th. Sensata Technologies's payout ratio is 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.
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