PNC Financial Services Group Inc. Has $110,000 Holdings in Sensata Technologies Holding plc (NYSE:ST)

PNC Financial Services Group Inc. reduced its holdings in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 72.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,030 shares of the scientific and technical instruments company's stock after selling 10,374 shares during the quarter. PNC Financial Services Group Inc.'s holdings in Sensata Technologies were worth $110,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Empowered Funds LLC grew its stake in shares of Sensata Technologies by 12.9% during the third quarter. Empowered Funds LLC now owns 9,635 shares of the scientific and technical instruments company's stock worth $346,000 after buying an additional 1,098 shares during the last quarter. Intech Investment Management LLC acquired a new stake in shares of Sensata Technologies during the 3rd quarter valued at $1,145,000. Charles Schwab Investment Management Inc. grew its position in Sensata Technologies by 1.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,041,304 shares of the scientific and technical instruments company's stock worth $37,341,000 after acquiring an additional 11,626 shares during the last quarter. Cerity Partners LLC increased its holdings in Sensata Technologies by 42.0% in the 3rd quarter. Cerity Partners LLC now owns 18,215 shares of the scientific and technical instruments company's stock worth $653,000 after purchasing an additional 5,392 shares in the last quarter. Finally, Loomis Sayles & Co. L P bought a new position in Sensata Technologies in the third quarter valued at about $9,791,000. 99.42% of the stock is owned by institutional investors and hedge funds.

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Sensata Technologies Trading Down 5.1 %

Shares of ST stock 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 50 day simple moving average of $27.80 and a two-hundred day simple moving average of $30.68. The firm has a market cap of $3.71 billion, a P/E ratio of 29.51, a P/E/G ratio of 1.25 and a beta of 1.20. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. Sensata Technologies Holding plc has a fifty-two week low of $24.42 and a fifty-two week high of $43.14.

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 net margin of 3.27% and a return on equity of 17.54%. Equities analysts anticipate that Sensata Technologies Holding plc will post 3.21 EPS for the current year.

Sensata Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders 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 yield of 1.94%. Sensata Technologies's dividend payout ratio (DPR) is presently 57.14%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ST. Evercore ISI reduced their price target on Sensata Technologies from $43.00 to $40.00 and set an "outperform" rating on the stock in a report 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 on the stock in a report on Thursday, January 16th. Oppenheimer dropped their price target 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 reduced their price objective on shares of Sensata Technologies from $38.00 to $37.00 and set a "buy" rating on the stock in a research note on Wednesday, February 12th. 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. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $39.08.

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.