Jump Financial LLC boosted its stake in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 76.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 93,979 shares of the scientific and technical instruments company's stock after acquiring an additional 40,779 shares during the period. Jump Financial LLC owned 0.06% of Sensata Technologies worth $2,575,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of ST. Boston Partners boosted its stake in shares of Sensata Technologies by 11.6% during the 4th quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company's stock worth $179,087,000 after purchasing an additional 677,316 shares during the period. Geode Capital Management LLC grew its stake in Sensata Technologies by 1.0% in the third quarter. Geode Capital Management LLC now owns 2,520,062 shares of the scientific and technical instruments company's stock worth $90,393,000 after purchasing an additional 24,707 shares in the last quarter. Victory Capital Management Inc. grew its stake in Sensata Technologies by 5.9% in the fourth quarter. Victory Capital Management Inc. now owns 2,231,369 shares of the scientific and technical instruments company's stock worth $61,140,000 after purchasing an additional 124,535 shares in the last quarter. Norges Bank bought a new stake in Sensata Technologies during the 4th quarter valued at $48,580,000. Finally, American Century Companies Inc. boosted its position in Sensata Technologies by 19.0% during the 4th quarter. American Century Companies Inc. now owns 1,189,095 shares of the scientific and technical instruments company's stock valued at $32,581,000 after acquiring an additional 189,560 shares in the last quarter. 99.42% of the stock is owned by hedge funds and other institutional investors.
Sensata Technologies Price Performance
NYSE ST traded up $0.69 during mid-day trading on Wednesday, hitting $20.27. The stock had a trading volume of 348,678 shares, compared to its average volume of 1,798,982. Sensata Technologies Holding plc has a twelve month low of $17.32 and a twelve month high of $43.14. The stock has a market capitalization of $3.03 billion, a price-to-earnings ratio of 24.13, a PEG ratio of 1.25 and a beta of 1.12. The firm's 50 day moving average is $25.07 and its 200 day moving average is $28.70. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99.
Sensata Technologies (NYSE:ST - Get Free Report) last issued its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. Equities research analysts forecast that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.
Sensata Technologies Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date of this dividend is Wednesday, May 14th. Sensata Technologies's payout ratio is 57.14%.
Wall Street Analysts Forecast Growth
ST has been the subject of several analyst reports. JPMorgan Chase & Co. decreased their price objective on Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating for the company in a report on Thursday, April 17th. Evercore ISI lowered Sensata Technologies from an "outperform" rating to an "inline" rating and reduced their target price for the stock from $40.00 to $27.00 in a research note on Thursday, April 3rd. Robert W. Baird reduced their price objective on Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating for the company in a research note on Tuesday, April 15th. The Goldman Sachs Group upgraded Sensata Technologies from a "neutral" rating to a "buy" rating and reduced their price objective for the company from $31.00 to $27.00 in a research note on Thursday, April 10th. Finally, Oppenheimer dropped 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 investment analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Sensata Technologies has a consensus rating of "Hold" and an average price target of $34.55.
Get Our Latest Stock Analysis on Sensata Technologies
Sensata Technologies 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.
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