Nomura Holdings Inc. Takes $544,000 Position in Sensata Technologies Holding plc (NYSE:ST)

Nomura Holdings Inc. acquired a new position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 19,846 shares of the scientific and technical instruments company's stock, valued at approximately $544,000.

Other hedge funds also recently made changes to their positions in the company. Blue Trust Inc. raised its position in 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 purchasing an additional 820 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new position in Sensata Technologies during the 4th quarter worth $27,000. Venturi Wealth Management LLC increased its stake in Sensata Technologies by 67.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company's stock valued at $56,000 after purchasing an additional 817 shares during the period. Parkside Financial Bank & Trust raised its holdings in shares of Sensata Technologies by 48.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company's stock valued at $69,000 after buying an additional 820 shares during the last quarter. Finally, Headlands Technologies LLC boosted its stake 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 buying an additional 2,325 shares during the period. Hedge funds and other institutional investors own 99.42% of the company's stock.

Wall Street Analyst Weigh In

ST has been the topic of several recent research reports. The Goldman Sachs Group boosted their price target on Sensata Technologies from $27.00 to $30.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Evercore ISI downgraded Sensata Technologies from an "outperform" rating to an "inline" rating and lowered their target price for the company from $40.00 to $27.00 in a research note on Thursday, April 3rd. UBS Group dropped their target price on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a 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 note on Monday, May 19th. Finally, Robert W. Baird decreased their price target on Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating for the company in a report on Tuesday, April 15th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Sensata Technologies has a consensus rating of "Hold" and a consensus target price of $34.08.

Sensata Technologies Price Performance

Sensata Technologies stock traded up $1.01 during midday trading on Tuesday, reaching $26.20. The company's stock had a trading volume of 1,627,127 shares, compared to its average volume of 1,709,533. The firm has a market capitalization of $3.83 billion, a PE ratio of 31.19, a P/E/G ratio of 1.25 and a beta of 1.02. Sensata Technologies Holding plc has a fifty-two week low of $17.32 and a fifty-two week high of $42.60. The stock's 50 day simple moving average is $22.96 and its 200 day simple moving average is $26.84. 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 (NYSE:ST - Get Free Report) last announced its quarterly earnings data 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 net margin of 3.27% and a return on equity of 17.54%. The firm had revenue of $911.26 million during the quarter, compared to analysts' expectations of $878.39 million. During the same quarter last year, the business earned $0.89 earnings per share. The business's revenue for the quarter was down 9.5% compared to the same quarter last year. On average, equities research analysts forecast that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.

Sensata Technologies Announces Dividend

The company 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. This represents a $0.48 annualized dividend and a dividend yield of 1.83%. The ex-dividend date of this dividend is Wednesday, May 14th. Sensata Technologies's dividend payout ratio (DPR) is 59.26%.

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.