Snowden Capital Advisors LLC Lowers Position in Sensata Technologies Holding plc (NYSE:ST)

Snowden Capital Advisors LLC trimmed its stake in Sensata Technologies Holding plc (NYSE:ST) by 27.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,081 shares of the scientific and technical instruments company’s stock after selling 4,928 shares during the quarter. Snowden Capital Advisors LLC’s holdings in Sensata Technologies were worth $358,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. grew its holdings in Sensata Technologies by 738.7% in the fourth quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 820 shares during the period. Brown Brothers Harriman & Co. purchased a new stake in Sensata Technologies during the fourth quarter worth approximately $27,000. Venturi Wealth Management LLC grew its stake in Sensata Technologies by 67.6% during the fourth quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock worth $56,000 after buying an additional 817 shares during the period. Parkside Financial Bank & Trust grew its stake in Sensata Technologies by 48.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company’s stock worth $69,000 after buying an additional 820 shares during the period. Finally, Headlands Technologies LLC grew its stake in Sensata Technologies by 524.8% during the fourth quarter. Headlands Technologies LLC now owns 2,768 shares of the scientific and technical instruments company’s stock worth $76,000 after buying an additional 2,325 shares during the period. 99.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Robert W. Baird decreased their price objective on shares of Sensata Technologies from $24.00 to $23.00 and set a “neutral” rating for the company in a research note on Tuesday, April 15th. JPMorgan Chase & Co. decreased their price objective on shares of Sensata Technologies from $27.00 to $21.00 and set an “underweight” rating for the company in a research note on Thursday, April 17th. UBS Group decreased 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. Evercore ISI downgraded shares of Sensata Technologies from an “outperform” rating to an “inline” rating and decreased their price objective for the stock from $40.00 to $27.00 in a research note on Thursday, April 3rd. Finally, Wells Fargo & Company boosted their target price on shares of Sensata Technologies from $23.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $34.08.

Sensata Technologies Price Performance

Shares of ST stock opened at $25.57 on Thursday. The company has a market capitalization of $3.74 billion, a PE ratio of 30.43, a price-to-earnings-growth ratio of 1.25 and a beta of 1.02. The firm has a fifty day simple moving average of $23.14 and a 200-day simple moving average of $27.09. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. Sensata Technologies Holding plc has a twelve month low of $17.32 and a twelve month high of $42.60.

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

Sensata Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $0.48 annualized dividend and a yield of 1.88%. Sensata Technologies’s dividend payout ratio is presently 59.26%.

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.