Sensata Technologies Holding plc (NYSE:ST) Short Interest Update

Sensata Technologies Holding plc (NYSE:ST) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 4,090,000 shares, an increase of 17.9% from the February 13th total of 3,470,000 shares. Currently, 2.8% of the shares of the stock are sold short. Based on an average trading volume of 1,790,000 shares, the short-interest ratio is currently 2.3 days.

Sensata Technologies Trading Up 0.5 %

Sensata Technologies stock traded up $0.14 during trading on Thursday, hitting $28.13. The company had a trading volume of 202,989 shares, compared to its average volume of 1,641,524. Sensata Technologies has a 1-year low of $24.91 and a 1-year high of $43.14. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. The company’s 50 day simple moving average is $27.92 and its 200-day simple moving average is $31.12. The stock has a market cap of $4.21 billion, a price-to-earnings ratio of 33.48, a price-to-earnings-growth ratio of 1.25 and a beta of 1.20.

Sensata Technologies (NYSE:ST) last posted its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. As a group, analysts expect that Sensata Technologies will post 3.21 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were issued a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.48 annualized dividend and a yield of 1.71%. Sensata Technologies’s dividend payout ratio (DPR) is presently 57.14%.

Analyst Upgrades and Downgrades

A number of analysts have commented on ST shares. Oppenheimer cut their price objective on shares of Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating for the company in a report on Thursday, February 13th. Evercore ISI cut their price objective 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. UBS Group cut their price objective on shares of Sensata Technologies from $38.00 to $37.00 and set a “buy” rating for the company in a report on Wednesday, February 12th. Finally, The Goldman Sachs Group cut their price objective 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. One investment 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 data from MarketBeat.com, Sensata Technologies has an average rating of “Hold” and a consensus price target of $39.08.

Institutional Trading of Sensata Technologies

Institutional investors have recently added to or reduced their stakes in the stock. Blue Trust Inc. boosted its position in Sensata Technologies by 738.7% in the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company’s stock valued at $26,000 after buying an additional 820 shares during the period. Brown Brothers Harriman & Co. purchased a new position in Sensata Technologies in the 4th quarter valued at approximately $27,000. Venturi Wealth Management LLC boosted its position in Sensata Technologies by 67.6% in the 4th quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock valued at $56,000 after buying an additional 817 shares during the period. Quarry LP boosted its position in Sensata Technologies by 61.2% in the 3rd quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company’s stock valued at $61,000 after buying an additional 651 shares during the period. Finally, Parkside Financial Bank & Trust boosted its position in Sensata Technologies by 48.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company’s stock valued at $69,000 after buying an additional 820 shares during the period. Institutional investors and hedge funds own 99.42% of the company’s stock.

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.