Connor Clark & Lunn Investment Management Ltd. cut its holdings in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 10.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 180,961 shares of the scientific and technical instruments company's stock after selling 21,256 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned about 0.12% of Sensata Technologies worth $4,958,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of ST. Blue Trust Inc. increased its position in shares of Sensata Technologies by 738.7% during the fourth quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company's stock valued at $26,000 after purchasing an additional 820 shares during the period. Venturi Wealth Management LLC increased its holdings in 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 buying an additional 817 shares during the period. Quarry LP raised its stake in shares of Sensata Technologies by 61.2% in the 3rd quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company's stock valued at $61,000 after buying an additional 651 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of 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 worth $69,000 after acquiring an additional 820 shares during the period. Finally, Assetmark Inc. increased its stake in Sensata Technologies by 19.0% in the third quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company's stock valued at $93,000 after acquiring an additional 416 shares during the period. 99.42% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
ST has been the topic of a number of recent research reports. Oppenheimer decreased their price objective on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating on the stock in a report on Thursday, February 13th. UBS Group cut their price objective on Sensata Technologies from $38.00 to $37.00 and set a "buy" rating for the company in a report on Wednesday, February 12th. The Goldman Sachs Group lowered 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. Finally, Evercore ISI decreased their price objective on shares of Sensata Technologies from $43.00 to $40.00 and set an "outperform" rating on the stock in a research note on Friday, January 17th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $39.08.
Get Our Latest Research Report on ST
Sensata Technologies Trading Down 0.3 %
Shares of NYSE:ST traded down $0.08 during midday trading on Thursday, hitting $27.91. The company had a trading volume of 1,014,017 shares, compared to its average volume of 1,689,604. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. Sensata Technologies Holding plc has a 12 month low of $24.91 and a 12 month high of $43.14. The firm has a fifty day simple moving average of $27.92 and a 200 day simple moving average of $31.12. The stock has a market cap of $4.17 billion, a price-to-earnings ratio of 33.23, a PEG ratio of 1.25 and a beta of 1.20.
Sensata Technologies (NYSE:ST - Get Free Report) last posted its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (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%. On average, analysts predict that Sensata Technologies Holding plc will post 3.21 EPS for the current year.
Sensata Technologies Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.72%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies's dividend payout ratio (DPR) is 57.14%.
About Sensata Technologies
(
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.
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