SG Americas Securities LLC Acquires Shares of 25,601 Sensata Technologies Holding plc (NYSE:ST)

SG Americas Securities LLC acquired a new stake in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 25,601 shares of the scientific and technical instruments company's stock, valued at approximately $701,000.

Several other institutional investors have also modified their holdings of ST. Quarry LP raised its holdings in shares of Sensata Technologies by 227.1% during the 2nd quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company's stock valued at $40,000 after purchasing an additional 738 shares in the last quarter. Assetmark Inc. grew its stake in shares of Sensata Technologies by 19.0% during the third quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company's stock valued at $93,000 after purchasing an additional 416 shares during the last quarter. Capstone Investment Advisors LLC acquired a new stake in Sensata Technologies in the third quarter worth about $237,000. Captrust Financial Advisors lifted its stake in shares of Sensata Technologies by 21.5% in the 3rd quarter. Captrust Financial Advisors now owns 7,146 shares of the scientific and technical instruments company's stock valued at $256,000 after purchasing an additional 1,264 shares during the period. Finally, 272 Capital LP acquired a new position in Sensata Technologies during the third quarter valued at approximately $292,000. Institutional investors and hedge funds own 99.42% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Evercore ISI dropped their target price on Sensata Technologies from $43.00 to $40.00 and set an "outperform" rating on the stock in a report on Friday, January 17th. Oppenheimer lowered their price objective on shares of Sensata Technologies from $47.00 to $44.00 and set an "outperform" rating for the company in a research report on Tuesday, November 5th. JPMorgan Chase & Co. lowered their price objective on Sensata Technologies from $34.00 to $32.00 and set an "underweight" rating for the company in a research report on Tuesday, November 5th. Robert W. Baird lowered their price objective on shares of Sensata Technologies from $40.00 to $36.00 and set a "neutral" rating for the company in a research note on Tuesday, November 5th. Finally, Stifel Nicolaus dropped their price objective on shares of Sensata Technologies from $43.00 to $38.00 and set a "hold" rating on the stock in a research note on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $39.58.

Sensata Technologies Stock Performance

NYSE ST traded down $0.14 on Thursday, reaching $27.40. 2,455,751 shares of the stock were exchanged, compared to its average volume of 1,359,276. The company's 50-day simple moving average is $29.21 and its two-hundred day simple moving average is $33.57. Sensata Technologies Holding plc has a one year low of $26.65 and a one year high of $43.14. The firm has a market capitalization of $4.10 billion, a PE ratio of -50.74, a PEG ratio of 0.87 and a beta of 1.24. The company has a current ratio of 2.60, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, meeting the consensus estimate of $0.86. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The business had revenue of $982.80 million for the quarter, compared to the consensus estimate of $983.93 million. During the same quarter in the prior year, the firm posted $0.91 earnings per share. The business's revenue for the quarter was down 1.8% on a year-over-year basis. Analysts expect that Sensata Technologies Holding plc will post 3.44 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date is Wednesday, February 12th. Sensata Technologies's dividend payout ratio (DPR) is presently -88.89%.

About Sensata Technologies

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.