Sei Investments Co. Boosts Stock Position in Sensata Technologies Holding plc (NYSE:ST)

Sei Investments Co. raised its holdings in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 54.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 756,476 shares of the scientific and technical instruments company's stock after buying an additional 267,318 shares during the quarter. Sei Investments Co. owned about 0.51% of Sensata Technologies worth $20,728,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Blue Trust Inc. boosted its position in Sensata Technologies by 738.7% during the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company's stock valued at $26,000 after acquiring an additional 820 shares in the last quarter. Venturi Wealth Management LLC lifted its stake in shares of Sensata Technologies by 67.6% in the 4th quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company's stock valued at $56,000 after purchasing an additional 817 shares during the period. Quarry LP boosted its position in shares of Sensata Technologies by 61.2% during the third 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 in the last quarter. Parkside Financial Bank & Trust grew 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 purchasing an additional 820 shares during the period. Finally, R Squared Ltd bought a new position in Sensata Technologies in the fourth quarter worth $104,000. Institutional investors own 99.42% of the company's stock.

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Analyst Ratings Changes

A number of analysts have recently commented on ST shares. Evercore ISI dropped their target price on shares of 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 dropped 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 target price on shares of Sensata Technologies from $38.00 to $37.00 and set a "buy" rating for the company in a research note on Wednesday, February 12th. Finally, Oppenheimer dropped their price target 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 issued a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Sensata Technologies currently has a consensus rating of "Hold" and a consensus target price of $39.08.

Sensata Technologies Stock Down 5.1 %

Shares of Sensata Technologies stock traded down $1.34 on Friday, reaching $24.79. The company's stock had a trading volume of 2,867,973 shares, compared to its average volume of 1,714,494. Sensata Technologies Holding plc has a 52 week low of $24.42 and a 52 week high of $43.14. The firm's fifty day simple moving average is $27.80 and its two-hundred day simple moving average is $30.65. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11. The company has a market capitalization of $3.71 billion, a price-to-earnings ratio of 29.51, a P/E/G ratio of 1.25 and a beta of 1.20.

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

Sensata Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.94%. The ex-dividend date of this dividend was Wednesday, February 12th. Sensata Technologies's dividend payout ratio is currently 57.14%.

About Sensata Technologies

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.