Gotham Asset Management LLC Has $862,000 Holdings in Sensata Technologies Holding plc (NYSE:ST)

Gotham Asset Management LLC boosted its holdings in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 283.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 31,445 shares of the scientific and technical instruments company's stock after acquiring an additional 23,254 shares during the quarter. Gotham Asset Management LLC's holdings in Sensata Technologies were worth $862,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Sensata Technologies in the fourth quarter worth $48,580,000. Invesco Ltd. lifted its holdings in shares of Sensata Technologies by 19.4% during the fourth quarter. Invesco Ltd. now owns 326,180 shares of the scientific and technical instruments company's stock valued at $8,937,000 after acquiring an additional 53,034 shares during the period. Prudential Financial Inc. lifted its holdings in shares of Sensata Technologies by 94.7% during the fourth quarter. Prudential Financial Inc. now owns 213,624 shares of the scientific and technical instruments company's stock valued at $5,853,000 after acquiring an additional 103,897 shares during the period. Kempner Capital Management Inc. raised its holdings in shares of Sensata Technologies by 233.9% in the fourth quarter. Kempner Capital Management Inc. now owns 209,064 shares of the scientific and technical instruments company's stock valued at $5,728,000 after buying an additional 146,449 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Sensata Technologies by 1.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,060,537 shares of the scientific and technical instruments company's stock valued at $29,059,000 after buying an additional 19,233 shares during the last quarter. Institutional investors own 99.42% of the company's stock.

Wall Street Analysts Forecast Growth

ST has been the subject of a number of research reports. Evercore ISI lowered Sensata Technologies from an "outperform" rating to an "inline" rating and lowered their price objective for the stock from $40.00 to $27.00 in a research report on Thursday, April 3rd. UBS Group decreased their price objective on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. Wells Fargo & Company upped their price target on Sensata Technologies from $23.00 to $26.00 and gave the stock an "equal weight" rating in a research report on Monday. JPMorgan Chase & Co. dropped 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. Finally, Robert W. Baird dropped their price target on Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 15th. One investment 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. According to MarketBeat.com, Sensata Technologies has a consensus rating of "Hold" and a consensus target price of $34.08.

Sensata Technologies Trading Down 1.2%

Sensata Technologies stock traded down $0.31 during trading hours on Friday, hitting $25.23. The stock had a trading volume of 1,908,088 shares, compared to its average volume of 1,707,566. 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 cap of $3.69 billion, a price-to-earnings ratio of 30.03, a P/E/G ratio of 1.25 and a beta of 1.02. Sensata Technologies Holding plc has a one year low of $17.32 and a one year high of $42.60. The business's 50 day simple moving average is $23.04 and its 200-day simple moving average is $26.99.

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

Sensata Technologies Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.90%. Sensata Technologies's dividend payout ratio (DPR) is 59.26%.

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.