Squarepoint Ops LLC Buys 191,475 Shares of Sensata Technologies Holding plc (NYSE:ST)

Squarepoint Ops LLC boosted its position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 355.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 245,310 shares of the scientific and technical instruments company's stock after purchasing an additional 191,475 shares during the quarter. Squarepoint Ops LLC owned 0.16% of Sensata Technologies worth $6,721,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Janus Henderson Group PLC grew its holdings in Sensata Technologies by 0.5% during the fourth quarter. Janus Henderson Group PLC now owns 9,767,232 shares of the scientific and technical instruments company's stock valued at $267,621,000 after purchasing an additional 44,233 shares during the period. 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 period. Boston Partners grew its holdings in Sensata Technologies by 11.6% during the fourth quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company's stock valued at $179,087,000 after purchasing an additional 677,316 shares during the period. Dimensional Fund Advisors LP grew its holdings in Sensata Technologies by 12.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,808,186 shares of the scientific and technical instruments company's stock valued at $159,143,000 after purchasing an additional 648,028 shares during the period. Finally, Fuller & Thaler Asset Management Inc. grew its holdings in Sensata Technologies by 96.8% during the fourth 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 purchasing an additional 2,587,183 shares during the period. Institutional investors and hedge funds own 99.42% of the company's stock.

Sensata Technologies Stock Down 2.2%

Shares of ST stock traded down $0.59 during trading on Friday, reaching $26.27. The company's stock had a trading volume of 172,354 shares, compared to its average volume of 1,705,778. The business has a fifty day moving average price of $22.92 and a 200-day moving average price of $26.79. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11. The company has a market cap of $3.84 billion, a price-to-earnings ratio of 31.26, a price-to-earnings-growth ratio of 1.25 and a beta of 1.02. Sensata Technologies Holding plc has a one year low of $17.32 and a one year high of $42.33.

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, topping analysts' consensus estimates of $0.72 by $0.06. The business 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%. The firm's revenue for the quarter was down 9.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.89 earnings per share. 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 disclosed a quarterly dividend, which was paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date was Wednesday, May 14th. Sensata Technologies's dividend payout ratio is presently 59.26%.

Insider Transactions at Sensata Technologies

In other news, Director Andrew C. Teich purchased 9,925 shares of the company'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 completion of the transaction, the director now owns 41,117 shares of the company's stock, valued at $1,035,737.23. The trade was a 31.82% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.89% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts recently issued reports on ST shares. Evercore ISI cut shares of Sensata Technologies from an "outperform" rating to an "inline" rating and decreased their price objective for the company from $40.00 to $27.00 in a report on Thursday, April 3rd. Wall Street Zen upgraded shares of Sensata Technologies from a "hold" rating to a "buy" rating in a report on Saturday, May 24th. Robert W. Baird decreased their price objective 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. Oppenheimer reduced their price target 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, The Goldman Sachs Group upped their price target 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. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $34.08.

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.