Centiva Capital LP Makes New $360,000 Investment in Sensata Technologies Holding plc (NYSE:ST)

Centiva Capital LP bought a new position in shares of Sensata Technologies Holding plc (NYSE:ST) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,130 shares of the scientific and technical instruments company’s stock, valued at approximately $360,000.

A number of other hedge funds also recently bought and sold shares of the stock. Arizona State Retirement System lifted its holdings in Sensata Technologies by 0.9% during the fourth quarter. Arizona State Retirement System now owns 43,810 shares of the scientific and technical instruments company’s stock worth $1,200,000 after buying an additional 405 shares during the period. Treasurer of the State of North Carolina lifted its holdings in shares of Sensata Technologies by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 65,706 shares of the scientific and technical instruments company’s stock valued at $1,800,000 after purchasing an additional 420 shares during the last quarter. Cullen Capital Management LLC lifted its holdings in shares of Sensata Technologies by 1.9% during the 4th quarter. Cullen Capital Management LLC now owns 31,111 shares of the scientific and technical instruments company’s stock valued at $852,000 after purchasing an additional 590 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Sensata Technologies by 9.4% during the 4th quarter. Jones Financial Companies Lllp now owns 7,751 shares of the scientific and technical instruments company’s stock valued at $212,000 after purchasing an additional 668 shares during the last quarter. Finally, Hanson & Doremus Investment Management lifted its holdings in shares of Sensata Technologies by 4.6% during the 4th quarter. Hanson & Doremus Investment Management now owns 15,669 shares of the scientific and technical instruments company’s stock valued at $429,000 after purchasing an additional 696 shares during the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Sensata Technologies Price Performance

Shares of ST opened at $25.56 on Monday. The business’s 50-day moving average is $23.19 and its two-hundred day moving average is $27.41. The company has a market capitalization of $3.74 billion, a P/E ratio of 30.43, a P/E/G ratio of 1.25 and a beta of 1.02. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. Sensata Technologies Holding plc has a fifty-two week low of $17.32 and a fifty-two week high of $43.14.

Sensata Technologies (NYSE:ST) last announced its quarterly 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 return on equity of 17.54% and a net margin of 3.27%. The firm’s revenue for the quarter was down 9.5% compared to the same quarter last year. During the same period last year, the firm earned $0.89 EPS. Research analysts predict that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.

Sensata Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend is Wednesday, May 14th. Sensata Technologies’s dividend payout ratio (DPR) is presently 59.26%.

Analysts Set New Price Targets

Several analysts have recently commented on ST shares. JPMorgan Chase & Co. decreased their price objective on Sensata Technologies from $27.00 to $21.00 and set an “underweight” rating for the company in a report on Thursday, April 17th. Robert W. Baird decreased their price objective on Sensata Technologies from $24.00 to $23.00 and set a “neutral” rating for the company in a report on Tuesday, April 15th. The Goldman Sachs Group increased their price objective on Sensata Technologies from $27.00 to $30.00 and gave the company a “buy” rating in a report on Friday. Wells Fargo & Company assumed coverage on Sensata Technologies in a report on Friday, April 25th. They set an “equal weight” rating and a $20.00 price objective for the company. Finally, UBS Group reduced their target price on Sensata Technologies from $37.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, April 10th. One analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $33.58.

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.