Sensata Technologies Holding plc (NYSE:ST) Shares Acquired by Sound Income Strategies LLC

Sound Income Strategies LLC boosted its stake in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 13.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,417 shares of the scientific and technical instruments company's stock after buying an additional 9,950 shares during the quarter. Sound Income Strategies LLC owned approximately 0.06% of Sensata Technologies worth $2,258,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in ST. Quarry LP boosted its holdings in shares of Sensata Technologies by 227.1% in the second 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 during the period. Assetmark Inc. grew its position in shares of Sensata Technologies by 19.0% during the 3rd quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company's stock worth $93,000 after buying an additional 416 shares in the last quarter. Canada Pension Plan Investment Board purchased a new position in shares of Sensata Technologies during the second quarter valued at $142,000. Capstone Investment Advisors LLC bought a new stake in shares of Sensata Technologies in the third quarter valued at about $237,000. Finally, Captrust Financial Advisors lifted its stake in Sensata Technologies by 21.5% in the third quarter. Captrust Financial Advisors now owns 7,146 shares of the scientific and technical instruments company's stock worth $256,000 after acquiring an additional 1,264 shares during the period. 99.42% of the stock is owned by hedge funds and other institutional investors.

Sensata Technologies Stock Performance

Shares of NYSE ST traded down $0.43 during midday trading on Friday, reaching $28.65. The company had a trading volume of 1,285,288 shares, compared to its average volume of 1,145,785. The stock has a market cap of $4.29 billion, a P/E ratio of -53.06, a P/E/G 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 Holding plc has a 1 year low of $26.65 and a 1 year high of $43.14. The business's 50-day simple moving average is $29.45 and its 200 day simple moving average is $33.92.

Sensata Technologies (NYSE:ST - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS for the quarter, hitting analysts' consensus estimates of $0.86. The company had revenue of $982.80 million during the quarter, compared to analysts' expectations of $983.93 million. Sensata Technologies had a positive return on equity of 17.68% and a negative net margin of 1.98%. The firm's revenue was down 1.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.91 EPS. On average, analysts forecast that Sensata Technologies Holding plc will post 3.44 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.68%. Sensata Technologies's dividend payout ratio is presently -88.89%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. JPMorgan Chase & Co. lowered their target price on Sensata Technologies from $34.00 to $32.00 and set an "underweight" rating for the company in a report on Tuesday, November 5th. TD Cowen dropped their price objective on Sensata Technologies from $50.00 to $45.00 and set a "buy" rating on the stock in a research report on Wednesday, November 6th. Evercore ISI reduced their target price on shares of Sensata Technologies from $43.00 to $40.00 and set an "outperform" rating for the company in a report on Friday, January 17th. The Goldman Sachs Group lowered their price target on shares of Sensata Technologies from $36.00 to $32.00 and set a "neutral" rating on the stock in a report on Thursday, January 16th. Finally, Stifel Nicolaus reduced their price objective on shares of Sensata Technologies from $43.00 to $38.00 and set a "hold" rating for the company in a research note on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $39.58.

Sensata Technologies Company Profile

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.