MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Buys 37,591 Shares of Sensata Technologies Holding plc (NYSE:ST)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Sensata Technologies Holding plc (NYSE:ST) by 9.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 428,966 shares of the scientific and technical instruments company’s stock after buying an additional 37,591 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.29% of Sensata Technologies worth $11,675,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Invenomic Capital Management LP raised its holdings in shares of Sensata Technologies by 21.7% in the 4th quarter. Invenomic Capital Management LP now owns 1,044,180 shares of the scientific and technical instruments company’s stock valued at $28,611,000 after purchasing an additional 186,511 shares in the last quarter. Janus Henderson Group PLC raised its holdings in shares of Sensata Technologies by 0.5% in the 4th quarter. Janus Henderson Group PLC now owns 9,767,232 shares of the scientific and technical instruments company’s stock valued at $267,621,000 after purchasing an additional 44,233 shares in the last quarter. Kettle Hill Capital Management LLC bought a new stake in shares of Sensata Technologies in the 4th quarter valued at about $2,534,000. Gotham Asset Management LLC raised its holdings in shares of Sensata Technologies by 283.9% in the 4th quarter. Gotham Asset Management LLC now owns 31,445 shares of the scientific and technical instruments company’s stock valued at $862,000 after purchasing an additional 23,254 shares in the last quarter. Finally, Graham Capital Management L.P. bought a new stake in shares of Sensata Technologies in the 4th quarter valued at about $372,000. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Stock Down 0.4%

NYSE:ST opened at $27.20 on Friday. The company has a market cap of $3.98 billion, a PE ratio of 32.38, a P/E/G ratio of 1.25 and a beta of 1.02. Sensata Technologies Holding plc has a twelve month low of $17.32 and a twelve month high of $42.96. 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 moving average is $23.17 and its two-hundred day moving average is $27.26.

Sensata Technologies (NYSE:ST) last released its earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.06. The company had revenue of $911.26 million for the quarter, compared to the consensus estimate of $878.39 million. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. Sensata Technologies’s revenue was down 9.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.89 EPS. Analysts anticipate that Sensata Technologies Holding plc will post 3.21 EPS for the current year.

Sensata Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.76%. The ex-dividend date is Wednesday, May 14th. Sensata Technologies’s dividend payout ratio is presently 59.26%.

Analyst Upgrades and Downgrades

ST has been the subject of several recent research reports. Wells Fargo & Company initiated coverage on shares of Sensata Technologies in a report on Friday, April 25th. They issued an “equal weight” rating and a $20.00 price target for the company. Oppenheimer reduced their price target 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. JPMorgan Chase & Co. reduced their price target on shares of Sensata Technologies from $27.00 to $21.00 and set an “underweight” rating for the company in a report on Thursday, April 17th. UBS Group reduced their price target on shares of Sensata Technologies from $37.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, April 10th. Finally, The Goldman Sachs Group boosted their price target on shares of Sensata Technologies from $27.00 to $30.00 and gave the company a “buy” rating in a report on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Sensata Technologies has a consensus rating of “Hold” and an average target price of $33.58.

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.