Deutsche Bank AG Boosts Stock Holdings in Sensata Technologies Holding plc (NYSE:ST)

Deutsche Bank AG lifted its holdings in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 231.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 34,897 shares of the scientific and technical instruments company's stock after purchasing an additional 24,369 shares during the quarter. Deutsche Bank AG's holdings in Sensata Technologies were worth $956,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of the company. Blue Trust Inc. raised its stake in shares of Sensata Technologies by 738.7% in the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company's stock valued at $26,000 after acquiring an additional 820 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in shares of Sensata Technologies during the 4th quarter worth approximately $27,000. Venturi Wealth Management LLC grew its holdings in shares of Sensata Technologies by 67.6% during the 4th quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company's stock worth $56,000 after purchasing an additional 817 shares in the last quarter. Parkside Financial Bank & Trust raised its position in Sensata Technologies by 48.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company's stock valued at $69,000 after purchasing an additional 820 shares during the last quarter. Finally, Headlands Technologies LLC raised its position in shares of 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 acquiring an additional 2,325 shares during the last quarter. Institutional investors own 99.42% of the company's stock.

Insider Activity at Sensata Technologies

In other news, Director Andrew C. Teich bought 9,925 shares of the firm's stock in a transaction that occurred on Friday, May 23rd. The stock was acquired at an average cost of $25.19 per share, with a total value of $250,010.75. Following the transaction, the director now directly owns 41,117 shares of the company's stock, valued at approximately $1,035,737.23. This represents a 31.82% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.89% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. dropped 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. Oppenheimer reduced their price objective 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. The Goldman Sachs Group upped their target price on Sensata Technologies from $27.00 to $30.00 and gave the stock a "buy" rating in a report on Friday, May 9th. Wells Fargo & Company upped their target price on Sensata Technologies from $23.00 to $26.00 and gave the stock an "equal weight" rating in a report on Monday, May 19th. Finally, Evercore ISI lowered Sensata Technologies from an "outperform" rating to an "inline" rating and dropped their price objective for the company from $40.00 to $27.00 in a research note on Thursday, April 3rd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, Sensata Technologies has an average rating of "Hold" and an average price target of $34.08.

Sensata Technologies Trading Down 2.9%

Shares of ST stock traded down $0.77 during mid-day trading on Friday, hitting $26.09. The company's stock had a trading volume of 1,633,345 shares, compared to its average volume of 1,710,387. The company's fifty day simple moving average is $22.89 and its 200-day simple moving average is $26.71. Sensata Technologies Holding plc has a 52 week low of $17.32 and a 52 week high of $42.33. 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 has a market cap of $3.82 billion, a PE ratio of 31.06, a P/E/G ratio of 1.25 and a beta of 1.02.

Sensata Technologies (NYSE:ST - Get Free Report) last issued its earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.06. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. The business had revenue of $911.26 million during the quarter, compared to analyst estimates of $878.39 million. During the same period in the previous year, the company posted $0.89 EPS. The firm's revenue was down 9.5% compared to the same quarter last year. As a group, equities research analysts expect that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date was Wednesday, May 14th. Sensata Technologies's payout ratio is 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.