Nuance Investments LLC bought a new position in Sensata Technologies Holding plc (NYSE:ST - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 241,713 shares of the scientific and technical instruments company's stock, valued at approximately $6,623,000. Nuance Investments LLC owned approximately 0.16% of Sensata Technologies at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Blue Trust Inc. grew its stake 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 purchasing an additional 820 shares in the last quarter. Venturi Wealth Management LLC grew its position in shares of Sensata Technologies by 67.6% during the 4th quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company's stock worth $56,000 after buying an additional 817 shares in the last quarter. Quarry LP raised its holdings in shares of Sensata Technologies by 61.2% in the third 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 in the last quarter. Parkside Financial Bank & Trust lifted its stake in 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 worth $69,000 after acquiring an additional 820 shares during the period. Finally, R Squared Ltd bought a new position in Sensata Technologies during the 4th quarter worth about $104,000. 99.42% of the stock is owned by hedge funds and other institutional investors.
Sensata Technologies Stock Performance
NYSE:ST traded down $1.34 during trading hours on Friday, hitting $24.79. 2,867,973 shares of the company were exchanged, compared to its average volume of 1,714,494. 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 52-week low of $24.42 and a 52-week high of $43.14. The stock has a market capitalization of $3.71 billion, a price-to-earnings ratio of 29.51, a PEG ratio of 1.25 and a beta of 1.20. The company's 50 day moving average price is $27.80 and its 200-day moving average price is $30.68.
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%. As a group, research 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 announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors 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 1.94%. The ex-dividend date of this dividend was Wednesday, February 12th. Sensata Technologies's dividend payout ratio (DPR) is 57.14%.
Analysts Set New Price Targets
ST has been the subject of several research reports. The Goldman Sachs Group lowered their price target 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. UBS Group lowered their target price on Sensata Technologies from $38.00 to $37.00 and set a "buy" rating for the company in a report on Wednesday, February 12th. Oppenheimer reduced their price target 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 dropped their price objective on Sensata Technologies from $43.00 to $40.00 and set an "outperform" rating on the stock in a research report on Friday, January 17th. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, Sensata Technologies has an average rating of "Hold" and an average price target of $39.08.
Read Our Latest Analysis on Sensata Technologies
Sensata Technologies Company 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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