Heartland Advisors Inc. cut its position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 75.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,000 shares of the scientific and technical instruments company's stock after selling 152,150 shares during the period. Heartland Advisors Inc.'s holdings in Sensata Technologies were worth $1,370,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of the business. Blue Trust Inc. lifted its holdings in shares of 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 worth $26,000 after acquiring an additional 820 shares during the period. Venturi Wealth Management LLC lifted its stake in Sensata Technologies by 67.6% during the fourth quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company's stock worth $56,000 after purchasing an additional 817 shares during the period. Quarry LP grew 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 purchasing an additional 651 shares during the period. Parkside Financial Bank & Trust grew its stake in shares of Sensata Technologies by 48.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company's stock valued at $69,000 after purchasing an additional 820 shares during the period. Finally, R Squared Ltd acquired a new position in shares of Sensata Technologies in the 4th quarter worth approximately $104,000. Institutional investors and hedge funds own 99.42% of the company's stock.
Sensata Technologies Trading Up 2.6 %
NYSE:ST traded up $0.62 during trading hours on Wednesday, hitting $24.85. 540,099 shares of the stock were exchanged, compared to its average volume of 1,714,576. The company has a market capitalization of $3.72 billion, a P/E ratio of 29.58, a price-to-earnings-growth ratio of 1.25 and a beta of 1.20. 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's 50 day moving average is $27.62 and its two-hundred day moving average is $30.51. Sensata Technologies Holding plc has a twelve month low of $23.68 and a twelve month high of $43.14.
Sensata Technologies (NYSE:ST - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) 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, sell-side analysts anticipate 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 was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were issued a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.48 annualized dividend and a yield of 1.93%. Sensata Technologies's dividend payout ratio is currently 57.14%.
Wall Street Analyst Weigh In
A number of analysts have weighed in on ST shares. Evercore ISI lowered their price target on Sensata Technologies from $43.00 to $40.00 and set an "outperform" rating on the stock in a research report on Friday, January 17th. Oppenheimer lowered their target price on shares of 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 target on shares of Sensata Technologies from $38.00 to $37.00 and set a "buy" rating for the company in a report on Wednesday, February 12th. Finally, The Goldman Sachs Group decreased 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. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Sensata Technologies currently has an average rating of "Hold" and an average target price of $39.08.
Get Our Latest Analysis on Sensata Technologies
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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