Sensata Technologies Holding plc (NYSE:ST) Stock Holdings Cut by ArrowMark Colorado Holdings LLC

ArrowMark Colorado Holdings LLC cut its position in shares of Sensata Technologies Holding plc (NYSE:ST) by 4.6% during the 4th quarter, Holdings Channel reports. The firm owned 4,015,326 shares of the scientific and technical instruments company’s stock after selling 194,374 shares during the period. Sensata Technologies comprises 1.5% of ArrowMark Colorado Holdings LLC’s investment portfolio, making the stock its 15th largest position. ArrowMark Colorado Holdings LLC’s holdings in Sensata Technologies were worth $110,020,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Price T Rowe Associates Inc. MD grew its holdings in Sensata Technologies by 36.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,821,428 shares of the scientific and technical instruments company’s stock worth $214,308,000 after acquiring an additional 2,088,161 shares during the period. Boston Partners boosted its position in shares of Sensata Technologies by 11.6% during the 4th quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company’s stock valued at $179,087,000 after purchasing an additional 677,316 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Sensata Technologies by 12.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,808,186 shares of the scientific and technical instruments company’s stock worth $159,143,000 after purchasing an additional 648,028 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its holdings in shares of Sensata Technologies by 96.8% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 5,260,870 shares of the scientific and technical instruments company’s stock worth $144,148,000 after purchasing an additional 2,587,183 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its stake in Sensata Technologies by 5.9% during the fourth quarter. Victory Capital Management Inc. now owns 2,231,369 shares of the scientific and technical instruments company’s stock valued at $61,140,000 after purchasing an additional 124,535 shares during the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on ST shares. The Goldman Sachs Group raised Sensata Technologies from a “neutral” rating to a “buy” rating and dropped their price target for the company from $31.00 to $27.00 in a report on Thursday, April 10th. Wells Fargo & Company assumed coverage on Sensata Technologies in a research report on Friday, April 25th. They issued an “equal weight” rating and a $20.00 price target for the company. Evercore ISI downgraded 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 report on Thursday, April 3rd. UBS Group reduced their price objective on shares of Sensata Technologies from $37.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, April 10th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Sensata Technologies from $27.00 to $21.00 and set an “underweight” rating on the stock in a research report on Thursday, April 17th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $33.33.

Sensata Technologies Stock Performance

Shares of ST opened at $22.08 on Friday. The company has a market capitalization of $3.30 billion, a PE ratio of 26.29, a PEG ratio of 1.25 and a beta of 1.12. 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 company’s 50 day moving average price is $23.74 and its 200 day moving average price is $27.97. Sensata Technologies Holding plc has a 52 week low of $17.32 and a 52 week high of $43.14.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 EPS 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%. Research analysts expect that Sensata Technologies Holding plc will post 3.21 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date of this dividend is Wednesday, May 14th. Sensata Technologies’s dividend payout ratio (DPR) is presently 57.14%.

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.