GHP Investment Advisors Inc. trimmed its holdings in Sensata Technologies Holding plc (NYSE:ST – Free Report) by 65.4% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 4,863 shares of the scientific and technical instruments company’s stock after selling 9,205 shares during the period. GHP Investment Advisors Inc.’s holdings in Sensata Technologies were worth $133,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its holdings in shares of Sensata Technologies by 738.7% during the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company’s stock worth $26,000 after purchasing an additional 820 shares during the period. Quarry LP boosted its stake in Sensata Technologies by 61.2% during the third quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company’s stock worth $61,000 after buying an additional 651 shares during the period. Assetmark Inc. increased its position 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 acquiring an additional 416 shares during the last quarter. R Squared Ltd purchased a new stake in shares of Sensata Technologies in the 4th quarter valued at approximately $104,000. Finally, KBC Group NV raised its stake in shares of Sensata Technologies by 83.5% in the 4th quarter. KBC Group NV now owns 7,286 shares of the scientific and technical instruments company’s stock valued at $200,000 after acquiring an additional 3,315 shares during the period. Institutional investors and hedge funds own 99.42% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on ST shares. The Goldman Sachs Group dropped their target price 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 dropped their price objective on Sensata Technologies from $44.00 to $39.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. TD Cowen decreased their target price on Sensata Technologies from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Evercore ISI dropped their target price on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating for the company in a research report on Friday, January 17th. Finally, Stifel Nicolaus reduced their price target on shares of Sensata Technologies from $43.00 to $38.00 and set a “hold” rating on the stock in a research report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $39.58.
Sensata Technologies Stock Up 1.4 %
Shares of NYSE:ST opened at $25.85 on Friday. Sensata Technologies Holding plc has a fifty-two week low of $24.91 and a fifty-two week high of $43.14. The firm’s 50 day moving average price is $28.49 and its 200 day moving average price is $33.00. 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 stock has a market cap of $3.87 billion, a price-to-earnings ratio of -47.86, a price-to-earnings-growth ratio of 0.82 and a beta of 1.23.
Sensata Technologies Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th will be given a dividend of $0.12 per share. The ex-dividend date is Wednesday, February 12th. This represents a $0.48 annualized dividend and a dividend yield of 1.86%. Sensata Technologies’s dividend payout ratio (DPR) is currently -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.
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