Marshall Wace LLP Increases Holdings in Sensata Technologies Holding plc (NYSE:ST)

Marshall Wace LLP boosted its position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 1,022.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 291,642 shares of the scientific and technical instruments company's stock after purchasing an additional 265,659 shares during the quarter. Marshall Wace LLP owned about 0.19% of Sensata Technologies worth $7,991,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Sensata Technologies during the fourth quarter valued at $48,580,000. JPMorgan Chase & Co. grew its holdings in Sensata Technologies by 66.7% during the 3rd 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. Prudential Financial Inc. increased its position in Sensata Technologies by 94.7% during the 4th quarter. Prudential Financial Inc. now owns 213,624 shares of the scientific and technical instruments company's stock valued at $5,853,000 after purchasing an additional 103,897 shares during the period. Kempner Capital Management Inc. raised its holdings in shares of Sensata Technologies by 233.9% in the 4th quarter. Kempner Capital Management Inc. now owns 209,064 shares of the scientific and technical instruments company's stock valued at $5,728,000 after purchasing an additional 146,449 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Sensata Technologies by 1.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,060,537 shares of the scientific and technical instruments company's stock valued at $29,059,000 after purchasing an additional 19,233 shares in the last quarter. 99.42% of the stock is currently owned by hedge funds and other institutional investors.

Sensata Technologies Stock Up 3.6 %

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. Sensata Technologies Holding plc has a 52 week low of $17.32 and a 52 week high of $43.14. The stock has a market capitalization of $2.92 billion, a PE ratio of 23.27, a price-to-earnings-growth ratio of 1.25 and a beta of 1.12. The firm has a 50 day moving average of $25.07 and a 200 day moving average of $28.70.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its quarterly earnings data 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%. Sell-side analysts forecast that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.

Sensata Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.46%. The ex-dividend date is Wednesday, May 14th. Sensata Technologies's payout ratio is 57.14%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Evercore ISI downgraded shares of Sensata Technologies from an "outperform" rating to an "inline" rating and reduced their price objective for the stock from $40.00 to $27.00 in a research note on Thursday, April 3rd. Robert W. Baird reduced their price target on Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating for the company in a research report on Tuesday, April 15th. Oppenheimer decreased 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. UBS Group cut their target price on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating for the company in a research report 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 issued a buy rating to the company's stock. According to data from MarketBeat.com, Sensata Technologies has a consensus rating of "Hold" and a consensus target price of $34.55.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.