Inceptionr LLC Purchases Shares of 17,017 Sensata Technologies Holding plc (NYSE:ST)

Inceptionr LLC bought a new stake in Sensata Technologies Holding plc (NYSE:ST - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 17,017 shares of the scientific and technical instruments company's stock, valued at approximately $466,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Blue Trust Inc. raised its position in shares of Sensata Technologies by 738.7% in the fourth quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company's stock valued at $26,000 after purchasing an additional 820 shares during the period. Quarry LP raised its holdings in Sensata Technologies by 61.2% in the 3rd quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company's stock valued at $61,000 after acquiring an additional 651 shares during the period. Venturi Wealth Management LLC lifted 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 acquiring an additional 817 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings 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 worth $69,000 after acquiring an additional 820 shares during the period. Finally, Assetmark Inc. increased its stake 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 worth $93,000 after purchasing an additional 416 shares during the period. Institutional investors own 99.42% of the company's stock.

Remove Ads

Analysts Set New Price Targets

Several analysts recently issued reports on ST shares. Evercore ISI reduced their price target 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. The Goldman Sachs Group reduced their target price on shares of Sensata Technologies from $36.00 to $32.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. Oppenheimer dropped their price objective on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a research note on Thursday, February 13th. Finally, UBS Group decreased their target price on shares of Sensata Technologies from $38.00 to $37.00 and set a "buy" rating on the stock in a research report on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $39.08.

Sensata Technologies Price Performance

NYSE:ST traded down $0.82 during mid-day trading on Wednesday, reaching $26.77. The stock had a trading volume of 1,205,300 shares, compared to its average volume of 1,663,171. The stock has a 50-day simple moving average of $27.97 and a two-hundred day simple moving average of $31.53. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99. Sensata Technologies Holding plc has a 12 month low of $24.91 and a 12 month high of $43.14. The stock has a market capitalization of $4.00 billion, a PE ratio of 31.87, a P/E/G ratio of 1.25 and a beta of 1.20.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 EPS for the quarter, hitting analysts' consensus estimates of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. On average, equities analysts anticipate 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 was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were paid a $0.12 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.79%. Sensata Technologies's payout ratio is currently 57.14%.

Sensata Technologies Company 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.