Envestnet Asset Management Inc. decreased its stake in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 25.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 587,813 shares of the scientific and technical instruments company's stock after selling 203,969 shares during the period. Envestnet Asset Management Inc. owned about 0.39% of Sensata Technologies worth $16,106,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of ST. Blue Trust Inc. lifted its stake in shares of Sensata Technologies by 738.7% in 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. Brown Brothers Harriman & Co. acquired a new stake in shares of Sensata Technologies during the fourth quarter worth $27,000. 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 valued at $56,000 after buying an additional 817 shares in the last quarter. Parkside Financial Bank & Trust grew its position in 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 purchasing an additional 820 shares in the last quarter. Finally, Headlands Technologies LLC grew its holdings in shares of Sensata Technologies by 524.8% during the fourth quarter. Headlands Technologies LLC now owns 2,768 shares of the scientific and technical instruments company's stock valued at $76,000 after buying an additional 2,325 shares in the last quarter. Institutional investors own 99.42% of the company's stock.
Sensata Technologies Price Performance
Sensata Technologies stock traded up $0.22 during mid-day trading on Friday, hitting $19.39. 1,564,889 shares of the company were exchanged, compared to its average volume of 1,799,796. Sensata Technologies Holding plc has a 1-year low of $17.32 and a 1-year high of $43.14. 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 business has a fifty day moving average of $25.57 and a 200 day moving average of $29.07. The company has a market capitalization of $2.90 billion, a PE ratio of 23.08, a price-to-earnings-growth ratio of 1.25 and a beta of 1.12.
Sensata Technologies (NYSE:ST - Get Free Report) last announced 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 net margin of 3.27% and a return on equity of 17.54%. As a group, sell-side analysts expect that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.
Sensata Technologies Announces Dividend
The firm also recently declared 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 was Wednesday, February 12th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.48%. Sensata Technologies's dividend payout ratio is 57.14%.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on ST. Evercore ISI lowered shares of Sensata Technologies from an "outperform" rating to an "inline" rating and decreased their target price for the company from $40.00 to $27.00 in a research note on Thursday, April 3rd. Robert W. Baird decreased their price objective on shares of Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating for the company in a report on Tuesday. The Goldman Sachs Group upgraded Sensata Technologies from a "neutral" rating to a "buy" rating and cut their price target for the stock from $31.00 to $27.00 in a report on Thursday, April 10th. UBS Group reduced their target price on shares of Sensata Technologies from $37.00 to $30.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. Finally, JPMorgan Chase & Co. cut their price target on Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating for the company in a report on Thursday. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $34.55.
Get Our Latest Stock 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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