Squarepoint Ops LLC Has $6.72 Million Stock Holdings in Sensata Technologies Holding plc (NYSE:ST)

Squarepoint Ops LLC increased its holdings in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 355.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 245,310 shares of the scientific and technical instruments company's stock after buying an additional 191,475 shares during the quarter. Squarepoint Ops LLC owned about 0.16% of Sensata Technologies worth $6,721,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Blue Trust Inc. grew its stake in Sensata Technologies by 738.7% during the fourth quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company's stock worth $26,000 after buying an additional 820 shares during the period. Brown Brothers Harriman & Co. purchased a new stake in Sensata Technologies during the 4th quarter worth $27,000. Venturi Wealth Management LLC increased its holdings in Sensata Technologies by 67.6% in 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 raised its position in 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 purchasing an additional 820 shares during the period. Finally, Headlands Technologies LLC lifted 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 purchasing an additional 2,325 shares in the last quarter. 99.42% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Sensata Technologies

In other Sensata Technologies news, Director Andrew C. Teich acquired 9,925 shares of Sensata Technologies stock in a transaction that occurred on Friday, May 23rd. The stock was purchased at an average cost of $25.19 per share, with a total value of $250,010.75. Following the purchase, the director now owns 41,117 shares in the company, valued at approximately $1,035,737.23. The trade was a 31.82% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.89% of the stock is currently owned by insiders.

Analyst Ratings Changes

ST has been the topic of several recent research reports. JPMorgan Chase & Co. reduced 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. Wells Fargo & Company upped 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. Evercore ISI downgraded shares of Sensata Technologies from an "outperform" rating to an "inline" rating and dropped their price target for the stock from $40.00 to $27.00 in a research note on Thursday, April 3rd. Robert W. Baird lowered their target price on Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating for the company in a research note on Tuesday, April 15th. Finally, The Goldman Sachs Group boosted their price target on Sensata Technologies from $27.00 to $30.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. One research analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $34.08.

Sensata Technologies Price Performance

Shares of NYSE:ST traded up $0.12 during trading on Wednesday, reaching $26.32. The company had a trading volume of 2,143,973 shares, compared to its average volume of 1,711,264. The firm's fifty day moving average is $22.96 and its 200 day 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. The firm has a market capitalization of $3.85 billion, a PE ratio of 31.34, a price-to-earnings-growth ratio of 1.25 and a beta of 1.02. Sensata Technologies Holding plc has a twelve month low of $17.32 and a twelve month high of $42.60.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The scientific and technical instruments company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.06. The company had revenue of $911.26 million during 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 business's revenue for the quarter was down 9.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.89 EPS. On average, equities analysts forecast that Sensata Technologies Holding plc will post 3.21 EPS for the current year.

Sensata Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend is Wednesday, May 14th. Sensata Technologies's payout ratio is 59.26%.

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.