Universal Beteiligungs und Servicegesellschaft mbH Makes New $1.08 Million Investment in Sensata Technologies Holding plc (NYSE:ST)

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Sensata Technologies Holding plc (NYSE:ST - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 39,233 shares of the scientific and technical instruments company's stock, valued at approximately $1,075,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Arizona State Retirement System raised its position in Sensata Technologies by 0.9% during the 4th quarter. Arizona State Retirement System now owns 43,810 shares of the scientific and technical instruments company's stock worth $1,200,000 after buying an additional 405 shares during the last quarter. Treasurer of the State of North Carolina raised its position in Sensata Technologies by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 65,706 shares of the scientific and technical instruments company's stock worth $1,800,000 after buying an additional 420 shares during the last quarter. Cullen Capital Management LLC raised its position in Sensata Technologies by 1.9% during the 4th quarter. Cullen Capital Management LLC now owns 31,111 shares of the scientific and technical instruments company's stock worth $852,000 after buying an additional 590 shares during the last quarter. Jones Financial Companies Lllp grew its position in Sensata Technologies by 9.4% during the 4th quarter. Jones Financial Companies Lllp now owns 7,751 shares of the scientific and technical instruments company's stock worth $212,000 after purchasing an additional 668 shares during the period. Finally, Venturi Wealth Management LLC grew its position in 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 worth $56,000 after purchasing an additional 817 shares during the period. Hedge funds and other institutional investors own 99.42% of the company's stock.

Sensata Technologies Price Performance

ST stock traded up $0.52 during midday trading on Friday, reaching $27.03. The stock had a trading volume of 1,093,787 shares, compared to its average volume of 1,689,493. Sensata Technologies Holding plc has a 52-week low of $17.32 and a 52-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 company's fifty day simple moving average is $23.00 and its 200 day simple moving average is $26.56. The company has a market cap of $3.95 billion, a price-to-earnings ratio of 32.18, a price-to-earnings-growth ratio of 1.25 and a beta of 1.10.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its quarterly earnings results 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. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. The firm 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 company's revenue was down 9.5% compared to the same quarter last year. As a group, sell-side analysts predict 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 announced a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.78%. The ex-dividend date was Wednesday, May 14th. Sensata Technologies's payout ratio is 59.26%.

Insider Activity at Sensata Technologies

In related news, Director Andrew C. Teich acquired 9,925 shares of the firm's stock in a transaction dated Friday, May 23rd. The stock was acquired at an average price of $25.19 per share, for a total transaction of $250,010.75. Following the purchase, the director now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.89% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts recently commented on ST shares. UBS Group dropped their target price on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. JPMorgan Chase & Co. dropped their price objective on shares of Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating on the stock in a research note on Thursday, April 17th. Oppenheimer decreased their target price on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a research note on Thursday, February 13th. Evercore ISI lowered shares of Sensata Technologies from an "outperform" rating to an "inline" rating and dropped their price target for the company from $40.00 to $27.00 in a research report on Thursday, April 3rd. Finally, Wall Street Zen downgraded shares of Sensata Technologies from a "buy" rating to a "hold" rating in a research report on Sunday, June 1st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $34.08.

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.