Semanteon Capital Management LP Takes Position in Sensata Technologies Holding plc (NYSE:ST)

Semanteon Capital Management LP purchased a new stake in Sensata Technologies Holding plc (NYSE:ST - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 33,810 shares of the scientific and technical instruments company's stock, valued at approximately $1,270,000. Sensata Technologies accounts for approximately 0.9% of Semanteon Capital Management LP's holdings, making the stock its 8th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in ST. Cary Street Partners Investment Advisory LLC lifted its position in shares of Sensata Technologies by 1,389.8% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 730 shares of the scientific and technical instruments company's stock worth $28,000 after purchasing an additional 681 shares in the last quarter. Parkside Financial Bank & Trust raised its position in Sensata Technologies by 761.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 887 shares of the scientific and technical instruments company's stock worth $33,000 after acquiring an additional 784 shares in the last quarter. Covestor Ltd raised its position in Sensata Technologies by 71.6% during the third quarter. Covestor Ltd now owns 1,249 shares of the scientific and technical instruments company's stock worth $47,000 after acquiring an additional 521 shares in the last quarter. CWM LLC raised its position in Sensata Technologies by 253.8% during the third quarter. CWM LLC now owns 3,014 shares of the scientific and technical instruments company's stock worth $114,000 after acquiring an additional 2,162 shares in the last quarter. Finally, AlphaMark Advisors LLC bought a new stake in Sensata Technologies during the third quarter worth $168,000. Institutional investors and hedge funds own 99.42% of the company's stock.

Sensata Technologies Price Performance

Sensata Technologies stock traded down $0.04 during trading hours on Thursday, reaching $34.38. 819,099 shares of the stock were exchanged, compared to its average volume of 1,995,073. The stock has a 50 day moving average of $35.03 and a two-hundred day moving average of $34.72. Sensata Technologies Holding plc has a twelve month low of $30.56 and a twelve month high of $47.41. The company has a current ratio of 2.55, a quick ratio of 1.69 and a debt-to-equity ratio of 1.13. The company has a market cap of $5.17 billion, a P/E ratio of -687.46, a price-to-earnings-growth ratio of 0.83 and a beta of 1.37.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its quarterly earnings results on Tuesday, February 6th. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, missing analysts' consensus estimates of $0.86 by ($0.05). Sensata Technologies had a negative net margin of 0.10% and a positive return on equity of 17.47%. The company had revenue of $992.50 million during the quarter, compared to analyst estimates of $978.05 million. During the same quarter in the previous year, the business posted $0.96 earnings per share. The company's revenue for the quarter was down 2.2% on a year-over-year basis. Equities analysts expect that Sensata Technologies Holding plc will post 3.72 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 22nd. Investors of record on Wednesday, May 8th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $0.48 dividend on an annualized basis and a yield of 1.40%. Sensata Technologies's dividend payout ratio (DPR) is presently -959.81%.

Analysts Set New Price Targets

ST has been the topic of several analyst reports. Stifel Nicolaus dropped their price target on shares of Sensata Technologies from $40.00 to $36.00 and set a "hold" rating on the stock in a research report on Wednesday, February 7th. Bank of America lowered shares of Sensata Technologies from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $46.00 to $38.00 in a research report on Wednesday, February 7th. The Goldman Sachs Group reissued a "neutral" rating and issued a $36.00 price objective (down from $44.00) on shares of Sensata Technologies in a research report on Tuesday, April 9th. Jefferies Financial Group assumed coverage on shares of Sensata Technologies in a research report on Tuesday, April 9th. They issued a "hold" rating and a $40.00 price objective on the stock. Finally, JPMorgan Chase & Co. lowered shares of Sensata Technologies from a "neutral" rating to an "underweight" rating and dropped their price objective for the company from $37.00 to $34.00 in a research report on Monday, January 8th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, Sensata Technologies currently has a consensus rating of "Hold" and an average price target of $39.25.

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.

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