Invesco Ltd. grew its position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 19.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 326,180 shares of the scientific and technical instruments company's stock after acquiring an additional 53,034 shares during the quarter. Invesco Ltd. owned about 0.22% of Sensata Technologies worth $8,937,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of ST. Norges Bank purchased a new stake in Sensata Technologies in the 4th quarter worth about $48,580,000. JPMorgan Chase & Co. boosted its holdings in Sensata Technologies by 66.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 660,568 shares of the scientific and technical instruments company's stock valued at $23,688,000 after acquiring an additional 264,334 shares during the period. Prudential Financial Inc. grew its position in 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 acquiring an additional 103,897 shares during the last quarter. Kempner Capital Management Inc. increased its stake in Sensata Technologies by 233.9% in 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 period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Sensata Technologies by 1.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,060,537 shares of the scientific and technical instruments company's stock valued at $29,059,000 after buying an additional 19,233 shares in the last quarter. Institutional investors own 99.42% of the company's stock.
Sensata Technologies Stock Down 1.5 %
Shares of NYSE ST traded down $0.33 during midday trading on Friday, hitting $21.31. 1,296,726 shares of the company's stock were exchanged, compared to its average volume of 1,812,686. The company has a market cap of $3.19 billion, a PE ratio of 25.37, a P/E/G ratio of 1.25 and a beta of 1.12. 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 Holding plc has a twelve month low of $17.32 and a twelve month high of $43.14. The firm's fifty day simple moving average is $24.56 and its 200-day simple moving average is $28.41.
Sensata Technologies (NYSE:ST - Get Free Report) last released its quarterly 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%. Research analysts predict that Sensata Technologies Holding plc will post 3.21 EPS for the current fiscal year.
Sensata Technologies Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.25%. The ex-dividend date is Wednesday, May 14th. Sensata Technologies's payout ratio is 57.14%.
Analyst Ratings Changes
A number of research firms have commented on ST. UBS Group cut their target price on shares of Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. Robert W. Baird cut their price objective 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. JPMorgan Chase & Co. dropped their target price on Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating on the stock in a research report on Thursday, April 17th. The Goldman Sachs Group raised Sensata Technologies from a "neutral" rating to a "buy" rating and reduced their price target for the stock from $31.00 to $27.00 in a research report on Thursday, April 10th. Finally, Wells Fargo & Company assumed coverage on Sensata Technologies in a research note on Friday. They set an "equal weight" rating and a $20.00 price objective for the company. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $33.33.
View Our Latest Research Report on ST
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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