48,945 Shares in Sensata Technologies Holding plc (NYSE:ST) Purchased by Numerai GP LLC

Numerai GP LLC acquired a new stake in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 48,945 shares of the scientific and technical instruments company's stock, valued at approximately $1,341,000.

A number of other hedge funds have also modified their holdings of the company. Arizona State Retirement System grew its holdings in Sensata Technologies by 0.9% in the fourth quarter. Arizona State Retirement System now owns 43,810 shares of the scientific and technical instruments company's stock worth $1,200,000 after purchasing an additional 405 shares during the period. Treasurer of the State of North Carolina boosted its position in shares of Sensata Technologies by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 65,706 shares of the scientific and technical instruments company's stock valued at $1,800,000 after purchasing an additional 420 shares in the last quarter. Cullen Capital Management LLC raised its holdings in Sensata Technologies by 1.9% in the fourth 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 raised its holdings in shares of Sensata Technologies by 9.4% during the fourth quarter. Jones Financial Companies Lllp now owns 7,751 shares of the scientific and technical instruments company's stock valued at $212,000 after purchasing an additional 668 shares during the last quarter. Finally, Hanson & Doremus Investment Management increased its stake in shares of Sensata Technologies by 4.6% in the fourth quarter. Hanson & Doremus Investment Management now owns 15,669 shares of the scientific and technical instruments company's stock worth $429,000 after purchasing an additional 696 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Robert W. Baird dropped their price target on Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating for the company in a research report on Tuesday, April 15th. JPMorgan Chase & Co. dropped their target price 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 boosted their target price on Sensata Technologies from $23.00 to $26.00 and gave the stock an "equal weight" rating in a report on Monday. Oppenheimer dropped their price target 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. Finally, The Goldman Sachs Group increased 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. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Sensata Technologies currently has an average rating of "Hold" and a consensus price target of $34.08.

Sensata Technologies Trading Down 1.0%

NYSE ST traded down $0.27 during trading on Monday, hitting $26.90. The stock had a trading volume of 251,223 shares, compared to its average volume of 1,701,944. The company has a market capitalization of $3.94 billion, a PE ratio of 32.00, a PEG ratio of 1.25 and a beta of 1.02. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11. The firm has a 50 day moving average price of $23.17 and a 200 day moving average price of $27.15. Sensata Technologies Holding plc has a twelve month low of $17.32 and a twelve month high of $42.96.

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

Sensata Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date is Wednesday, May 14th. Sensata Technologies's dividend payout ratio (DPR) is presently 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.