Nuveen Asset Management LLC Sells 25,811 Shares of Sensata Technologies Holding plc (NYSE:ST)

Nuveen Asset Management LLC trimmed its holdings in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 7.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 314,275 shares of the scientific and technical instruments company's stock after selling 25,811 shares during the quarter. Nuveen Asset Management LLC owned about 0.21% of Sensata Technologies worth $8,611,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Fuller & Thaler Asset Management Inc. increased its holdings in shares of Sensata Technologies by 96.8% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 5,260,870 shares of the scientific and technical instruments company's stock valued at $144,148,000 after acquiring an additional 2,587,183 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Sensata Technologies by 36.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,821,428 shares of the scientific and technical instruments company's stock valued at $214,308,000 after purchasing an additional 2,088,161 shares during the last quarter. Norges Bank acquired a new position in Sensata Technologies during the fourth quarter valued at approximately $48,580,000. Eminence Capital LP raised its position in shares of Sensata Technologies by 25.2% in the fourth quarter. Eminence Capital LP now owns 4,318,718 shares of the scientific and technical instruments company's stock valued at $118,333,000 after purchasing an additional 870,419 shares during the period. Finally, Boston Partners lifted its stake in shares of Sensata Technologies by 11.6% in the fourth quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company's stock worth $179,087,000 after buying an additional 677,316 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Wells Fargo & Company raised their target price on shares of Sensata Technologies from $23.00 to $26.00 and gave the company an "equal weight" rating in a research note on Monday, May 19th. Wall Street Zen downgraded Sensata Technologies from a "buy" rating to a "hold" rating in a research report on Sunday. Oppenheimer dropped their price objective on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating on the stock in a research note on Thursday, February 13th. The Goldman Sachs Group increased their target price on Sensata Technologies from $27.00 to $30.00 and gave the company a "buy" rating in a research note on Friday, May 9th. Finally, JPMorgan Chase & Co. dropped their price target on Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating on the stock in a research report on Thursday, April 17th. One equities research 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's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $34.08.

Sensata Technologies Stock Down 2.9%

ST traded down $0.77 during trading on Friday, hitting $26.09. The company had a trading volume of 1,633,345 shares, compared to its average volume of 1,710,387. The company has a market capitalization of $3.82 billion, a PE ratio of 31.06, a PEG ratio of 1.25 and a beta of 1.02. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11. Sensata Technologies Holding plc has a one year low of $17.32 and a one year high of $42.33. The firm's 50-day moving average price is $22.89 and its 200 day moving average price is $26.71.

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 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.06. The business had revenue of $911.26 million during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period last year, the business posted $0.89 EPS. As a group, equities analysts expect 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 was paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th were paid a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a $0.48 annualized dividend and a yield of 1.84%. Sensata Technologies's dividend payout ratio (DPR) is presently 59.26%.

Insider Buying and Selling at Sensata Technologies

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 stock was bought at an average cost of $25.19 per share, for a total transaction of $250,010.75. Following the completion of the transaction, the director now owns 41,117 shares in the company, valued at approximately $1,035,737.23. This represents a 31.82% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.89% of the company's stock.

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.