UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $12.36 Million Stock Holdings in Sensata Technologies Holding plc (NYSE:ST)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 17.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 450,912 shares of the scientific and technical instruments company's stock after buying an additional 65,607 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.30% of Sensata Technologies worth $12,355,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Blue Trust Inc. grew its holdings in shares of Sensata Technologies by 738.7% in the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company's stock worth $26,000 after acquiring an additional 820 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new position in shares of Sensata Technologies in the 4th quarter valued at $27,000. Venturi Wealth Management LLC increased its stake 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 worth $56,000 after purchasing an additional 817 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in Sensata Technologies by 48.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company's stock worth $69,000 after purchasing an additional 820 shares in the last quarter. Finally, Headlands Technologies LLC raised its holdings in 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 worth $76,000 after buying an additional 2,325 shares during the period. Institutional investors and hedge funds own 99.42% of the company's stock.

Sensata Technologies Stock Up 3.5%

Shares of NYSE ST traded up $0.89 during mid-day trading on Tuesday, reaching $26.59. The company had a trading volume of 1,022,629 shares, compared to its average volume of 1,699,321. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. Sensata Technologies Holding plc has a twelve month low of $17.32 and a twelve month high of $42.33. The stock's 50 day moving average is $22.86 and its 200-day moving average is $26.62. The stock has a market capitalization of $3.89 billion, a PE ratio of 31.65, a price-to-earnings-growth ratio of 1.25 and a beta of 1.02.

Sensata Technologies (NYSE:ST - Get Free Report) last issued its earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.06. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. The company had revenue of $911.26 million for the quarter, compared to analyst estimates of $878.39 million. During the same period in the prior year, the firm posted $0.89 EPS. The business's revenue was down 9.5% compared to the same quarter last year. As a group, equities analysts anticipate that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.81%. The ex-dividend date was Wednesday, May 14th. Sensata Technologies's payout ratio is presently 59.26%.

Analyst Ratings Changes

Several research analysts have 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 report on Monday, May 19th. JPMorgan Chase & Co. reduced their price target on shares of Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating for the company in a research report on Thursday, April 17th. Evercore ISI cut shares of Sensata Technologies from an "outperform" rating to an "inline" rating and lowered their price objective for the stock from $40.00 to $27.00 in a research report on Thursday, April 3rd. Wall Street Zen downgraded shares of Sensata Technologies from a "buy" rating to a "hold" rating in a research note on Sunday. Finally, Oppenheimer reduced their target price on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a report on Thursday, February 13th. One 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. According to data from MarketBeat, Sensata Technologies presently has a consensus rating of "Hold" and a consensus price target of $34.08.

Insider Activity at Sensata Technologies

In other Sensata Technologies news, Director Andrew C. Teich bought 9,925 shares of the 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 directly owns 41,117 shares of the company's stock, 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 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.