Jane Street Group LLC Sells 101,268 Shares of Sensata Technologies Holding plc (NYSE:ST)

Jane Street Group LLC decreased its position in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 68.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,977 shares of the scientific and technical instruments company's stock after selling 101,268 shares during the quarter. Jane Street Group LLC's holdings in Sensata Technologies were worth $1,685,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of ST. Quarry LP raised its stake in shares of Sensata Technologies by 227.1% during the 2nd quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company's stock worth $40,000 after purchasing an additional 738 shares in the last quarter. Assetmark Inc. raised its holdings in shares of Sensata Technologies by 19.0% in the 3rd quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company's stock valued at $93,000 after purchasing an additional 416 shares during the period. nVerses Capital LLC acquired a new stake in Sensata Technologies in the 2nd quarter valued at about $131,000. Canada Pension Plan Investment Board bought a new position in Sensata Technologies during the second quarter worth about $142,000. Finally, Capstone Investment Advisors LLC acquired a new position in Sensata Technologies during the third quarter worth approximately $237,000. 99.42% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ST has been the topic of several research reports. UBS Group decreased their price objective on shares of Sensata Technologies from $44.00 to $39.00 and set a "buy" rating on the stock in a report on Wednesday, November 6th. Oppenheimer cut their price objective on shares of Sensata Technologies from $47.00 to $44.00 and set an "outperform" rating for the company in a research report on Tuesday, November 5th. Wolfe Research began coverage on Sensata Technologies in a research report on Thursday, September 5th. They issued a "peer perform" rating on the stock. The Goldman Sachs Group reduced their price target on Sensata Technologies from $41.00 to $39.00 and set a "neutral" rating for the company in a research note on Tuesday, October 1st. Finally, JPMorgan Chase & Co. lowered their price target on shares of Sensata Technologies from $34.00 to $32.00 and set an "underweight" rating on the stock in a research report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Sensata Technologies currently has a consensus rating of "Hold" and a consensus target price of $41.00.

Sensata Technologies Stock Up 1.5 %

Shares of NYSE:ST traded up $0.41 during trading on Thursday, reaching $27.81. 1,334,119 shares of the stock were exchanged, compared to its average volume of 1,853,990. The stock has a fifty day moving average of $32.08 and a two-hundred day moving average of $35.40. Sensata Technologies Holding plc has a 1-year low of $27.12 and a 1-year high of $43.14. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.60 and a quick ratio of 1.76. The firm has a market cap of $4.16 billion, a price-to-earnings ratio of -51.50, a price-to-earnings-growth ratio of 0.89 and a beta of 1.22.

Sensata Technologies (NYSE:ST - Get Free Report) last released its quarterly earnings data on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, meeting analysts' consensus estimates of $0.86. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The firm had revenue of $982.80 million for the quarter, compared to analyst estimates of $983.93 million. During the same period last year, the firm earned $0.91 earnings per share. The business's quarterly revenue was down 1.8% compared to the same quarter last year. Research analysts anticipate that Sensata Technologies Holding plc will post 3.43 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were paid a $0.12 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.73%. Sensata Technologies's payout ratio is presently -88.89%.

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.