Sensata Technologies Holding plc (NYSE:ST) Shares Bought by Versant Capital Management Inc

Versant Capital Management Inc raised its holdings in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 2,152.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,229 shares of the scientific and technical instruments company's stock after acquiring an additional 14,553 shares during the period. Versant Capital Management Inc's holdings in Sensata Technologies were worth $370,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Blue Trust Inc. lifted its stake in Sensata Technologies by 738.7% during the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company's stock valued at $26,000 after acquiring an additional 820 shares during the period. Brown Brothers Harriman & Co. acquired a new stake in Sensata Technologies during the 4th quarter valued at approximately $27,000. Venturi Wealth Management LLC increased its holdings in shares of Sensata Technologies by 67.6% during the 4th 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 in the last quarter. Parkside Financial Bank & Trust increased its holdings in shares of Sensata Technologies by 48.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company's stock valued at $69,000 after purchasing an additional 820 shares in the last quarter. Finally, Headlands Technologies LLC increased its holdings in shares of Sensata Technologies by 524.8% during the 4th quarter. Headlands Technologies LLC now owns 2,768 shares of the scientific and technical instruments company's stock valued at $76,000 after purchasing an additional 2,325 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Andrew C. Teich purchased 9,925 shares of the stock in a transaction dated Friday, May 23rd. The shares were purchased at an average price of $25.19 per share, with a total value of $250,010.75. Following the transaction, the director now owns 41,117 shares in the company, valued at $1,035,737.23. The trade was a 31.82% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.89% of the company's stock.

Sensata Technologies Price Performance

ST traded down $0.77 on Friday, hitting $26.09. 1,633,345 shares of the company's stock were exchanged, compared to its average volume of 1,710,387. Sensata Technologies Holding plc has a fifty-two week low of $17.32 and a fifty-two week high of $42.33. 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 50-day moving average price of $22.89 and a 200-day moving average price of $26.71. The stock has a market cap of $3.82 billion, a price-to-earnings ratio of 31.06, a P/E/G ratio of 1.25 and a beta of 1.02.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 earnings per share (EPS) for the quarter, topping 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 company had revenue of $911.26 million for the quarter, compared to analysts' expectations of $878.39 million. During the same quarter in the previous year, the company posted $0.89 EPS. The firm's quarterly revenue was down 9.5% on a year-over-year basis. As a group, equities analysts anticipate that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 28th. Shareholders 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 yield of 1.84%. Sensata Technologies's dividend payout ratio (DPR) is presently 59.26%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. The Goldman Sachs Group lifted their target price on shares of Sensata Technologies from $27.00 to $30.00 and gave the company a "buy" rating in a report on Friday, May 9th. UBS Group cut their target price on shares of Sensata Technologies from $37.00 to $30.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Evercore ISI lowered shares of Sensata Technologies from an "outperform" rating to an "inline" rating and cut their target price for the company from $40.00 to $27.00 in a report on Thursday, April 3rd. Oppenheimer cut their target price on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a report on Thursday, February 13th. Finally, Robert W. Baird cut their target price on shares of 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, seven have assigned a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Sensata Technologies presently has an average rating of "Hold" and an average price target of $34.08.

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.