Kera Capital Partners Inc. Invests $309,000 in Sensata Technologies Holding plc (NYSE:ST)

Kera Capital Partners Inc. purchased a new stake in Sensata Technologies Holding plc (NYSE:ST - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 12,719 shares of the scientific and technical instruments company's stock, valued at approximately $309,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Norges Bank purchased a new position in shares of Sensata Technologies during the 4th quarter valued at about $48,580,000. Invesco Ltd. raised its holdings in shares of Sensata Technologies by 19.4% during the 4th quarter. Invesco Ltd. now owns 326,180 shares of the scientific and technical instruments company's stock valued at $8,937,000 after buying an additional 53,034 shares in the last quarter. Prudential Financial Inc. raised its holdings in shares of Sensata Technologies by 94.7% during the 4th quarter. Prudential Financial Inc. now owns 213,624 shares of the scientific and technical instruments company's stock valued at $5,853,000 after buying an additional 103,897 shares in the last quarter. Kempner Capital Management Inc. raised its holdings in shares of Sensata Technologies by 233.9% during the 4th 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Sensata Technologies by 1.8% in the 4th 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 acquiring an additional 19,233 shares during the last quarter. Hedge funds and other institutional investors own 99.42% of the company's stock.

Analyst Ratings Changes

A number of brokerages have commented on ST. UBS Group decreased their price target on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Evercore ISI downgraded Sensata Technologies from an "outperform" rating to an "inline" rating and reduced their target price for the stock from $40.00 to $27.00 in a report on Thursday, April 3rd. Oppenheimer reduced their target price on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating on the stock in a report on Thursday, February 13th. JPMorgan Chase & Co. reduced their price target 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, The Goldman Sachs Group upped their price target on Sensata Technologies from $27.00 to $30.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. According to MarketBeat, Sensata Technologies presently has an average rating of "Hold" and a consensus price target of $34.08.

Sensata Technologies Trading Down 1.2%

Shares of NYSE ST traded down $0.30 during trading hours on Monday, reaching $25.76. The stock had a trading volume of 267,157 shares, compared to its average volume of 1,704,708. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. The firm has a market cap of $3.77 billion, a price-to-earnings ratio of 30.64, a P/E/G ratio of 1.25 and a beta of 1.02. The business's fifty day moving average price is $22.89 and its two-hundred day moving average price is $26.66. Sensata Technologies Holding plc has a 52-week low of $17.32 and a 52-week high of $42.33.

Sensata Technologies (NYSE:ST - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $911.26 million for the quarter, compared to analyst estimates of $878.39 million. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. Sensata Technologies's revenue was down 9.5% compared to the same quarter last year. During the same period last year, the company posted $0.89 earnings per share. Analysts expect that Sensata Technologies Holding plc will post 3.21 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a $0.48 annualized dividend and a dividend yield of 1.86%. Sensata Technologies's dividend payout ratio (DPR) is presently 59.26%.

Insiders Place Their Bets

In other Sensata Technologies news, Director Andrew C. Teich purchased 9,925 shares of the company's stock in a transaction dated Friday, May 23rd. The shares were acquired at an average price of $25.19 per share, for a total transaction of $250,010.75. Following the completion of the purchase, the director now owns 41,117 shares of the company's stock, valued at approximately $1,035,737.23. The trade was a 31.82% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.89% of the company's stock.

Sensata Technologies Company 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.