Natixis Advisors LLC decreased its stake in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 64.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 105,083 shares of the scientific and technical instruments company's stock after selling 188,165 shares during the period. Natixis Advisors LLC owned about 0.07% of Sensata Technologies worth $2,879,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in ST. Blue Trust Inc. raised its holdings in 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 worth $26,000 after buying an additional 820 shares during the last quarter. Venturi Wealth Management LLC boosted its stake 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 valued at $56,000 after buying an additional 817 shares during the last quarter. Quarry LP raised its position in shares of Sensata Technologies by 61.2% during the 3rd quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company's stock valued at $61,000 after buying an additional 651 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in shares of Sensata Technologies by 48.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company's stock valued at $69,000 after acquiring an additional 820 shares during the period. Finally, R Squared Ltd purchased a new position in Sensata Technologies in the 4th quarter worth about $104,000. Institutional investors own 99.42% of the company's stock.
Wall Street Analysts Forecast Growth
ST has been the topic of a number of analyst reports. UBS Group cut their price target on Sensata Technologies from $38.00 to $37.00 and set a "buy" rating on the stock in a report on Wednesday, February 12th. The Goldman Sachs Group reduced their price target on Sensata Technologies from $36.00 to $32.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. 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 report on Thursday, February 13th. Finally, Evercore ISI decreased 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. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $39.08.
Check Out Our Latest Stock Analysis on ST
Sensata Technologies Price Performance
Shares of Sensata Technologies stock traded up $0.01 during mid-day trading on Tuesday, reaching $27.80. 299,067 shares of the stock traded hands, compared to its average volume of 1,665,868. 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 business has a 50-day moving average of $27.92 and a 200 day moving average of $30.88. The stock has a market capitalization of $4.16 billion, a PE ratio of 33.09, a PEG ratio of 1.25 and a beta of 1.20. Sensata Technologies Holding plc has a fifty-two week low of $24.91 and a fifty-two week 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 (EPS) for the quarter, hitting analysts' consensus estimates of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. On average, analysts predict that Sensata Technologies Holding plc will post 3.21 EPS for the current year.
Sensata Technologies Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were given 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 1.73%. Sensata Technologies's dividend payout ratio (DPR) is presently 57.14%.
Sensata Technologies Profile
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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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