Sensata Technologies Holding plc (NYSE:ST) Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 17.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 450,912 shares of the scientific and technical instruments company's stock after purchasing an additional 65,607 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.30% of Sensata Technologies worth $12,355,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in ST. Voloridge Investment Management LLC bought a new stake in shares of Sensata Technologies during the fourth quarter worth $11,284,000. Woodline Partners LP increased its stake in Sensata Technologies by 65.2% in the 4th quarter. Woodline Partners LP now owns 2,277,826 shares of the scientific and technical instruments company's stock worth $62,412,000 after buying an additional 898,835 shares during the period. Squarepoint Ops LLC lifted its holdings in Sensata Technologies by 355.7% during the 4th quarter. Squarepoint Ops LLC now owns 245,310 shares of the scientific and technical instruments company's stock valued at $6,721,000 after buying an additional 191,475 shares in the last quarter. Two Sigma Advisers LP boosted its position in Sensata Technologies by 316.4% in the 4th quarter. Two Sigma Advisers LP now owns 30,400 shares of the scientific and technical instruments company's stock valued at $833,000 after buying an additional 23,100 shares during the period. Finally, Tidal Investments LLC boosted its position in Sensata Technologies by 17.9% in the 4th quarter. Tidal Investments LLC now owns 34,604 shares of the scientific and technical instruments company's stock valued at $948,000 after buying an additional 5,258 shares during the period. Institutional investors own 99.42% of the company's stock.

Sensata Technologies Stock Down 2.9%

Shares of ST traded down $0.77 during trading hours 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 current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. The company has a market capitalization of $3.82 billion, a PE ratio of 31.06, 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. The company's fifty day moving average price is $22.89 and its two-hundred day moving average price is $26.75.

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 EPS for the quarter, topping analysts' consensus estimates of $0.72 by $0.06. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. The business had revenue of $911.26 million during the quarter, compared to the consensus estimate of $878.39 million. During the same period in the previous year, the company posted $0.89 earnings per share. The firm's revenue was down 9.5% on a year-over-year basis. As a group, equities analysts forecast that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.84%. The ex-dividend date was Wednesday, May 14th. Sensata Technologies's dividend payout ratio is currently 59.26%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Wells Fargo & Company raised their target price on shares of Sensata Technologies from $23.00 to $26.00 and gave the stock an "equal weight" rating in a research report on Monday, May 19th. Evercore ISI downgraded Sensata Technologies from an "outperform" rating to an "inline" rating and reduced their price objective for the stock from $40.00 to $27.00 in a report on Thursday, April 3rd. Oppenheimer decreased their target price on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a research report on Thursday, February 13th. Wall Street Zen upgraded Sensata Technologies from a "hold" rating to a "buy" rating in a report on Saturday, May 24th. Finally, Robert W. Baird dropped their price target on Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 15th. One analyst has rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $34.08.

Insider Transactions at Sensata Technologies

In other Sensata Technologies news, Director Andrew C. Teich bought 9,925 shares of the company's stock in a transaction that occurred on Friday, May 23rd. The shares were purchased at an average cost of $25.19 per share, for a total transaction of $250,010.75. Following the purchase, the director now directly owns 41,117 shares in the company, valued at $1,035,737.23. This represents a 31.82% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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.