Vanguard Group Inc. reduced its position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 0.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,551,476 shares of the scientific and technical instruments company's stock after selling 93,574 shares during the quarter. Vanguard Group Inc. owned 9.73% of Sensata Technologies worth $398,710,000 as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of the business. KLP Kapitalforvaltning AS purchased a new position in shares of Sensata Technologies in the fourth quarter worth about $866,000. AXQ Capital LP acquired a new stake in Sensata Technologies in the 4th quarter valued at about $540,000. Sei Investments Co. lifted its stake in Sensata Technologies by 54.6% in the 4th quarter. Sei Investments Co. now owns 756,476 shares of the scientific and technical instruments company's stock worth $20,728,000 after purchasing an additional 267,318 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Sensata Technologies by 19.0% during the 4th quarter. American Century Companies Inc. now owns 1,189,095 shares of the scientific and technical instruments company's stock worth $32,581,000 after purchasing an additional 189,560 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of Sensata Technologies in the fourth quarter valued at approximately $243,000. 99.42% of the stock is currently owned by institutional investors and hedge funds.
Sensata Technologies Trading Up 0.8 %
Sensata Technologies stock traded up $0.15 during trading on Monday, reaching $18.87. The company had a trading volume of 3,829,479 shares, compared to its average volume of 1,758,692. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of 22.46, a PEG ratio of 1.25 and a beta of 1.12. Sensata Technologies Holding plc has a 12-month low of $17.51 and a 12-month high of $43.14. The stock's 50 day moving average price is $26.97 and its two-hundred day moving average price is $30.09.
Sensata Technologies (NYSE:ST - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 EPS for the quarter, hitting analysts' consensus estimates of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. As a group, equities analysts expect that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.
Sensata Technologies Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were given a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.48 dividend on an annualized basis and a yield of 2.54%. Sensata Technologies's payout ratio is currently 57.14%.
Wall Street Analyst Weigh In
ST has been the subject of several recent analyst reports. Evercore ISI cut shares of Sensata Technologies from an "outperform" rating to an "inline" rating and cut their price objective for the stock from $40.00 to $27.00 in a research report on Thursday. The Goldman Sachs Group cut their price target on shares of Sensata Technologies from $36.00 to $32.00 and set a "neutral" rating for the company in a report on Thursday, January 16th. UBS Group decreased their price objective on Sensata Technologies from $38.00 to $37.00 and set a "buy" rating on the stock in a report on Wednesday, February 12th. Finally, Oppenheimer cut their target price on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a research note on Thursday, February 13th. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $38.00.
View Our Latest Stock Report 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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