Sensata Technologies Holding plc (NYSE:ST) Stock Holdings Cut by Russell Investments Group Ltd.

Russell Investments Group Ltd. lowered its position in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 20.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,760 shares of the scientific and technical instruments company's stock after selling 20,352 shares during the quarter. Russell Investments Group Ltd. owned 0.05% of Sensata Technologies worth $2,131,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Sensata Technologies in the fourth quarter worth $48,580,000. JPMorgan Chase & Co. increased its position in shares of Sensata Technologies by 66.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 660,568 shares of the scientific and technical instruments company's stock worth $23,688,000 after purchasing an additional 264,334 shares during the last quarter. Prudential Financial Inc. raised its stake in shares of Sensata Technologies by 94.7% in the 4th quarter. Prudential Financial Inc. now owns 213,624 shares of the scientific and technical instruments company's stock valued at $5,853,000 after purchasing an additional 103,897 shares in the last quarter. Kempner Capital Management Inc. lifted its position in shares of Sensata Technologies by 233.9% during the fourth quarter. Kempner Capital Management Inc. now owns 209,064 shares of the scientific and technical instruments company's stock worth $5,728,000 after purchasing an additional 146,449 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Sensata Technologies by 1.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,060,537 shares of the scientific and technical instruments company's stock worth $29,059,000 after purchasing an additional 19,233 shares during the last quarter. 99.42% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ST has been the topic of several research reports. UBS Group cut their price objective on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. The Goldman Sachs Group raised Sensata Technologies from a "neutral" rating to a "buy" rating and dropped their price target for the company from $31.00 to $27.00 in a research report on Thursday, April 10th. JPMorgan Chase & Co. decreased their price objective on shares of Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating for the company in a report on Thursday, April 17th. Robert W. Baird dropped their target price on shares of Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating on the stock in a report on Tuesday, April 15th. Finally, Oppenheimer decreased their price target on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a report on Thursday, February 13th. One analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $34.55.

Sensata Technologies Stock Performance

NYSE ST traded up $1.09 on Thursday, hitting $21.21. The stock had a trading volume of 177,516 shares, compared to its average volume of 1,799,732. The company's 50-day moving average is $24.89 and its two-hundred day moving average is $28.64. The stock has a market cap of $3.17 billion, a price-to-earnings ratio of 25.20, a P/E/G ratio of 1.25 and a beta of 1.12. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11. Sensata Technologies Holding plc has a one year low of $17.32 and a one year high of $43.14.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. On average, analysts expect that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th will be paid a dividend of $0.12 per share. The ex-dividend date is Wednesday, May 14th. This represents a $0.48 annualized dividend and a yield of 2.26%. Sensata Technologies's payout ratio is 57.14%.

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.