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

Centiva Capital LP bought a new stake in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 13,130 shares of the scientific and technical instruments company's stock, valued at approximately $360,000.

Other large investors have also recently bought and sold shares of the company. Barclays PLC grew its holdings in shares of Sensata Technologies by 14.9% during the 3rd quarter. Barclays PLC now owns 77,759 shares of the scientific and technical instruments company's stock worth $2,788,000 after purchasing an additional 10,107 shares in the last quarter. Oak Thistle LLC boosted its stake in Sensata Technologies by 326.8% during the fourth quarter. Oak Thistle LLC now owns 59,007 shares of the scientific and technical instruments company's stock worth $1,617,000 after buying an additional 45,182 shares in the last quarter. Park Avenue Securities LLC increased its holdings in Sensata Technologies by 16.9% in the 4th quarter. Park Avenue Securities LLC now owns 10,852 shares of the scientific and technical instruments company's stock valued at $297,000 after buying an additional 1,571 shares during the period. Crossmark Global Holdings Inc. increased its holdings in Sensata Technologies by 107.0% in the 4th quarter. Crossmark Global Holdings Inc. now owns 17,363 shares of the scientific and technical instruments company's stock valued at $476,000 after buying an additional 8,974 shares during the period. Finally, SG Americas Securities LLC acquired a new position in shares of Sensata Technologies in the 4th quarter valued at $701,000. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Sensata Technologies Price Performance

ST traded down $0.44 during trading on Thursday, hitting $27.35. The company's stock had a trading volume of 1,747,773 shares, compared to its average volume of 1,707,048. The firm's 50 day moving average price is $23.19 and its two-hundred day moving average price is $27.37. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $4.00 billion, a price-to-earnings ratio of 32.56, a price-to-earnings-growth ratio of 1.25 and a beta of 1.02. Sensata Technologies Holding plc has a 12 month low of $17.32 and a 12 month high of $43.14.

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

Sensata Technologies Dividend Announcement

The business 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. The ex-dividend date is Wednesday, May 14th. This represents a $0.48 annualized dividend and a dividend yield of 1.76%. Sensata Technologies's dividend payout ratio (DPR) is currently 59.26%.

Analyst Ratings Changes

Several brokerages have recently weighed in on ST. Wells Fargo & Company assumed coverage on shares of Sensata Technologies in a research report on Friday, April 25th. They set an "equal weight" rating and a $20.00 target price on the stock. Evercore ISI downgraded Sensata Technologies from an "outperform" rating to an "inline" rating and decreased their price objective for the company from $40.00 to $27.00 in a report on Thursday, April 3rd. JPMorgan Chase & Co. lowered their price objective on Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating on the stock in a research note on Thursday, April 17th. Oppenheimer cut their target price on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a research report on Thursday, February 13th. Finally, Robert W. Baird lowered their price target on Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 15th. One investment 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's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target 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.