MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Increases Stock Holdings in Sensata Technologies Holding plc (NYSE:ST)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 9.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 428,966 shares of the scientific and technical instruments company's stock after purchasing an additional 37,591 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.29% of Sensata Technologies worth $11,675,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of ST. Barclays PLC increased its stake in Sensata Technologies by 14.9% during the third quarter. Barclays PLC now owns 77,759 shares of the scientific and technical instruments company's stock worth $2,788,000 after purchasing an additional 10,107 shares during the period. Park Avenue Securities LLC increased its stake in Sensata Technologies by 16.9% during the fourth quarter. Park Avenue Securities LLC now owns 10,852 shares of the scientific and technical instruments company's stock worth $297,000 after purchasing an additional 1,571 shares during the period. Crossmark Global Holdings Inc. increased its stake in Sensata Technologies by 107.0% during the fourth quarter. Crossmark Global Holdings Inc. now owns 17,363 shares of the scientific and technical instruments company's stock worth $476,000 after purchasing an additional 8,974 shares during the period. SG Americas Securities LLC purchased a new stake in Sensata Technologies during the fourth quarter worth about $701,000. Finally, Sound Income Strategies LLC increased its stake in shares of Sensata Technologies by 13.7% during the fourth quarter. Sound Income Strategies LLC now owns 82,417 shares of the scientific and technical instruments company's stock worth $2,258,000 after buying an additional 9,950 shares during the period. 99.42% of the stock is currently owned by hedge funds and other institutional investors.

Sensata Technologies Price Performance

Sensata Technologies stock traded down $0.08 during midday trading on Thursday, reaching $25.49. The company's stock had a trading volume of 227,777 shares, compared to its average volume of 1,699,317. Sensata Technologies Holding plc has a fifty-two week low of $17.32 and a fifty-two week high of $42.60. 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 stock's 50 day simple moving average is $23.14 and its 200 day simple moving average is $27.09. The firm has a market capitalization of $3.73 billion, a PE ratio of 30.35, a P/E/G ratio of 1.25 and a beta of 1.02.

Sensata Technologies (NYSE:ST - Get Free Report) last released its earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 EPS for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $878.39 million. During the same quarter last year, the company earned $0.89 earnings per share. Sensata Technologies's quarterly revenue was down 9.5% compared to the same quarter last year. On average, equities research analysts forecast that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The firm 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 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date is Wednesday, May 14th. Sensata Technologies's dividend payout ratio (DPR) is currently 59.26%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on ST shares. Robert W. Baird cut their target price on shares of Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 15th. JPMorgan Chase & Co. cut their target price 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. Wells Fargo & Company upped 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 note on Monday. The Goldman Sachs Group upped their target price on shares of Sensata Technologies from $27.00 to $30.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. Finally, Evercore ISI lowered shares of Sensata Technologies from an "outperform" rating to an "inline" rating and cut their target price for the stock from $40.00 to $27.00 in a research note on Thursday, April 3rd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average 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.