Sensata Technologies Holding plc (NYSE:ST) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans trimmed its holdings in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 75.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,754 shares of the scientific and technical instruments company's stock after selling 112,391 shares during the quarter. Thrivent Financial for Lutherans' holdings in Sensata Technologies were worth $1,282,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its stake in shares of Sensata Technologies by 399.0% during the 2nd quarter. GAMMA Investing LLC now owns 968 shares of the scientific and technical instruments company's stock worth $36,000 after purchasing an additional 774 shares during the period. Versant Capital Management Inc acquired a new position in shares of Sensata Technologies during the second quarter worth $37,000. Quarry LP grew its position in 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 worth $40,000 after purchasing an additional 738 shares during the last quarter. Assetmark Inc. lifted its position in 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 acquiring an additional 416 shares during the period. Finally, First Horizon Advisors Inc. grew its stake in Sensata Technologies by 57.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,529 shares of the scientific and technical instruments company's stock valued at $95,000 after purchasing an additional 927 shares during the last quarter. Hedge funds and other institutional investors own 99.42% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Evercore ISI cut their price target on shares of Sensata Technologies from $60.00 to $50.00 and set an "outperform" rating on the stock in a report on Tuesday, October 15th. Wolfe Research started coverage on shares of Sensata Technologies in a research report on Thursday, September 5th. They set a "peer perform" rating for the company. Stifel Nicolaus cut their price target on Sensata Technologies from $43.00 to $38.00 and set a "hold" rating on the stock in a research report on Tuesday, November 5th. The Goldman Sachs Group decreased their price objective on Sensata Technologies from $41.00 to $39.00 and set a "neutral" rating for the company in a report on Tuesday, October 1st. Finally, Robert W. Baird reduced their price target on Sensata Technologies from $40.00 to $36.00 and set a "neutral" rating for the company in a research report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $41.00.

Sensata Technologies Stock Performance

ST traded up $0.19 during trading on Monday, hitting $32.33. 3,941,506 shares of the stock were exchanged, compared to its average volume of 1,839,423. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $4.84 billion, a P/E ratio of -59.87, a PEG ratio of 0.94 and a beta of 1.25. The stock has a fifty day moving average price of $34.11 and a two-hundred day moving average price of $36.75. Sensata Technologies Holding plc has a 1-year low of $30.43 and a 1-year high of $43.14.

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 earnings per share for the quarter, hitting analysts' consensus estimates of $0.86. The firm had revenue of $982.80 million during the quarter, compared to analysts' expectations of $983.93 million. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. Sensata Technologies's quarterly revenue was down 1.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.91 EPS. As a group, sell-side analysts predict that Sensata Technologies Holding plc will post 3.43 earnings per share for the current year.

Sensata Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were issued a dividend of $0.12 per share. The ex-dividend date was Wednesday, November 13th. This represents a $0.48 annualized dividend and a yield of 1.48%. Sensata Technologies's dividend payout ratio is currently -88.89%.

Sensata Technologies 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.