Reinhart Partners LLC. Sells 59,383 Shares of Sensata Technologies Holding plc (NYSE:ST)

Reinhart Partners LLC. reduced its position in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 22.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 204,941 shares of the scientific and technical instruments company's stock after selling 59,383 shares during the quarter. Reinhart Partners LLC. owned approximately 0.14% of Sensata Technologies worth $5,615,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of ST. Janus Henderson Group PLC increased its holdings in shares of Sensata Technologies by 0.5% during the third quarter. Janus Henderson Group PLC now owns 9,722,999 shares of the scientific and technical instruments company's stock worth $348,666,000 after buying an additional 45,513 shares in the last quarter. State Street Corp raised its position in shares of Sensata Technologies by 0.4% during the third quarter. State Street Corp now owns 5,470,903 shares of the scientific and technical instruments company's stock worth $196,187,000 after acquiring an additional 23,946 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Sensata Technologies by 84.8% during the second quarter. Millennium Management LLC now owns 5,059,047 shares of the scientific and technical instruments company's stock valued at $189,158,000 after acquiring an additional 2,321,782 shares during the period. Dimensional Fund Advisors LP increased its position in Sensata Technologies by 16.5% in the second quarter. Dimensional Fund Advisors LP now owns 4,643,665 shares of the scientific and technical instruments company's stock worth $173,627,000 after purchasing an additional 658,728 shares during the period. Finally, FMR LLC raised its holdings in Sensata Technologies by 18.9% during the 3rd quarter. FMR LLC now owns 3,895,776 shares of the scientific and technical instruments company's stock worth $139,703,000 after purchasing an additional 618,202 shares during the last quarter. Institutional investors and hedge funds own 99.42% of the company's stock.

Sensata Technologies Stock Up 0.7 %

NYSE ST traded up $0.18 during trading hours on Monday, reaching $27.44. 1,015,946 shares of the company's stock were exchanged, compared to its average volume of 1,178,964. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.60. The company has a market capitalization of $4.10 billion, a price-to-earnings ratio of -50.81, a price-to-earnings-growth ratio of 0.89 and a beta of 1.24. The company's 50-day moving average is $30.14 and its two-hundred day moving average is $34.39. Sensata Technologies Holding plc has a one year low of $26.65 and a one year high of $43.14.

Sensata Technologies (NYSE:ST - Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.86. The company had revenue of $982.80 million during the quarter, compared to the consensus estimate of $983.93 million. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The firm's revenue was down 1.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.91 earnings per share. On average, analysts forecast that Sensata Technologies Holding plc will post 3.43 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.75%. Sensata Technologies's payout ratio is presently -88.89%.

Analyst Ratings Changes

Several equities research analysts have recently commented on ST shares. The Goldman Sachs Group lowered their price target on shares of Sensata Technologies from $41.00 to $39.00 and set a "neutral" rating for the company in a research report on Tuesday, October 1st. TD Cowen cut their price target on Sensata Technologies from $50.00 to $45.00 and set a "buy" rating on the stock in a research note on Wednesday, November 6th. UBS Group decreased their price objective on Sensata Technologies from $44.00 to $39.00 and set a "buy" rating for the company in a research note on Wednesday, November 6th. Oppenheimer cut their target price on Sensata Technologies from $47.00 to $44.00 and set an "outperform" rating on the stock in a research note on Tuesday, November 5th. Finally, JPMorgan Chase & Co. decreased their target price on Sensata Technologies from $34.00 to $32.00 and set an "underweight" rating for the company in a research report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $41.00.

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.