Virtu Financial LLC Has $472,000 Stock Holdings in Sensata Technologies Holding N.V. $ST

Key Points

• Virtu Financial LLC increased its holdings in Sensata Technologies by 118.9% in the first quarter, now owning nearly 19,444 shares valued at $472,000.
• The company announced a quarterly dividend of $0.12 per share, with a yield of 1.4%, to be paid on August 27th.
• Sensata Technologies reported a quarterly EPS of $0.87, exceeding expectations, despite an 8.9% decline in revenue compared to the previous year.

Virtu Financial LLC grew its position in Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 118.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,444 shares of the scientific and technical instruments company's stock after acquiring an additional 10,560 shares during the period. Virtu Financial LLC's holdings in Sensata Technologies were worth $472,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of ST. Signaturefd LLC boosted its holdings in Sensata Technologies by 515.5% in the first quarter. Signaturefd LLC now owns 1,114 shares of the scientific and technical instruments company's stock valued at $27,000 after acquiring an additional 933 shares during the last quarter. National Bank of Canada FI acquired a new stake in shares of Sensata Technologies in the 1st quarter valued at approximately $27,000. Parallel Advisors LLC increased its stake in Sensata Technologies by 278.8% in the first quarter. Parallel Advisors LLC now owns 1,519 shares of the scientific and technical instruments company's stock valued at $37,000 after purchasing an additional 1,118 shares in the last quarter. UMB Bank n.a. boosted its position in shares of Sensata Technologies by 110.0% during the first quarter. UMB Bank n.a. now owns 1,873 shares of the scientific and technical instruments company's stock worth $45,000 after purchasing an additional 981 shares in the last quarter. Finally, First Horizon Advisors Inc. raised its stake in Sensata Technologies by 83.6% during the 1st quarter. First Horizon Advisors Inc. now owns 2,554 shares of the scientific and technical instruments company's stock worth $62,000 after buying an additional 1,163 shares during the period. 99.42% of the stock is currently owned by institutional investors.

Sensata Technologies Stock Up 1.4%

Shares of NYSE ST traded up $0.45 during mid-day trading on Monday, hitting $32.28. The company had a trading volume of 347,022 shares, compared to its average volume of 1,774,104. The company has a current ratio of 2.71, a quick ratio of 1.94 and a debt-to-equity ratio of 1.11. The firm has a 50-day simple moving average of $30.59 and a two-hundred day simple moving average of $27.01. The company has a market capitalization of $4.70 billion, a PE ratio of 43.03, a price-to-earnings-growth ratio of 1.25 and a beta of 1.14. Sensata Technologies Holding N.V. has a one year low of $17.32 and a one year high of $39.04.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The scientific and technical instruments company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.03. The firm had revenue of $943.38 million for the quarter, compared to analyst estimates of $928.25 million. Sensata Technologies had a return on equity of 16.88% and a net margin of 2.97%. The business's quarterly revenue was down 8.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.93 EPS. On average, equities analysts expect that Sensata Technologies Holding N.V. will post 3.21 EPS for the current year.

Sensata Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 27th. Stockholders of record on Wednesday, August 13th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Wednesday, August 13th. Sensata Technologies's dividend payout ratio (DPR) is presently 64.00%.

Insider Activity

In other news, Director Andrew C. Teich acquired 9,925 shares of the firm's stock in a transaction on Friday, May 23rd. The shares were purchased at an average cost of $25.19 per share, with a total value of $250,010.75. Following the acquisition, the director directly owned 41,117 shares in the company, valued at $1,035,737.23. This represents a 31.82% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 0.89% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

ST has been the subject of a number of research analyst reports. Wells Fargo & Company boosted their target price on Sensata Technologies from $30.00 to $33.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 30th. Truist Financial increased their target price on Sensata Technologies from $27.00 to $35.00 and gave the stock a "hold" rating in a research note on Wednesday, July 30th. Bank of America upped their price target on shares of Sensata Technologies from $27.00 to $32.00 and gave the company a "neutral" rating in a report on Wednesday, July 16th. The Goldman Sachs Group increased their price objective on shares of Sensata Technologies from $27.00 to $30.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Finally, Evercore ISI raised their price objective on shares of Sensata Technologies from $27.00 to $30.00 and gave the stock an "in-line" rating in a report on Wednesday, July 30th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Sensata Technologies presently has an average rating of "Hold" and a consensus price target of $34.64.

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.