Quantbot Technologies LP increased its holdings in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 200.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 141,768 shares of the scientific and technical instruments company's stock after buying an additional 94,529 shares during the period. Quantbot Technologies LP owned about 0.09% of Sensata Technologies worth $3,884,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its position in shares of Sensata Technologies by 738.7% in the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company's stock valued at $26,000 after buying an additional 820 shares during the last quarter. Venturi Wealth Management LLC boosted its holdings in Sensata Technologies by 67.6% in 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 acquiring an additional 817 shares during the last quarter. Quarry LP increased its position in 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 purchasing an additional 651 shares during the period. Parkside Financial Bank & Trust increased its position in Sensata Technologies by 48.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company's stock valued at $69,000 after purchasing an additional 820 shares during the period. Finally, R Squared Ltd bought a new position in Sensata Technologies during the 4th quarter worth approximately $104,000. 99.42% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on ST. The Goldman Sachs Group reduced their price objective on shares of Sensata Technologies from $36.00 to $32.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. UBS Group decreased their price target on Sensata Technologies from $38.00 to $37.00 and set a "buy" rating for the company in a report on Wednesday, February 12th. Evercore ISI lowered their price objective on Sensata Technologies from $43.00 to $40.00 and set an "outperform" rating for the company in a research report on Friday, January 17th. Finally, Oppenheimer cut their target price on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating on the stock in a research report on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Sensata Technologies presently has an average rating of "Hold" and a consensus target price of $39.08.
View Our Latest Stock Analysis on Sensata Technologies
Sensata Technologies Stock Down 1.5 %
Sensata Technologies stock traded down $0.41 during mid-day trading on Wednesday, reaching $27.44. The stock had a trading volume of 1,026,796 shares, compared to its average volume of 1,644,079. 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 $24.91 and a fifty-two week high of $43.14. The stock's 50-day simple moving average is $27.93 and its 200-day simple moving average is $30.83. The firm has a market capitalization of $4.10 billion, a PE ratio of 32.66, a price-to-earnings-growth ratio of 1.25 and a beta of 1.20.
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 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. On average, sell-side analysts forecast that Sensata Technologies Holding plc will post 3.21 EPS for the current fiscal year.
Sensata Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were given a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.48 annualized dividend and a yield of 1.75%. Sensata Technologies's payout ratio is 57.14%.
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.
Read More
Before you consider Sensata Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sensata Technologies wasn't on the list.
While Sensata Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
