Sensata Technologies Holding plc (NYSE:ST) Shares Sold by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC trimmed its position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 65.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 106,254 shares of the scientific and technical instruments company's stock after selling 202,619 shares during the quarter. Schonfeld Strategic Advisors LLC owned 0.07% of Sensata Technologies worth $2,911,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Sensata Technologies during the 4th quarter worth approximately $48,580,000. Invesco Ltd. raised its position in Sensata Technologies by 19.4% in the fourth quarter. Invesco Ltd. now owns 326,180 shares of the scientific and technical instruments company's stock worth $8,937,000 after acquiring an additional 53,034 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Sensata Technologies by 66.7% in the third quarter. JPMorgan Chase & Co. now owns 660,568 shares of the scientific and technical instruments company's stock valued at $23,688,000 after acquiring an additional 264,334 shares during the period. Prudential Financial Inc. grew its stake in shares of Sensata Technologies by 94.7% during the 4th quarter. Prudential Financial Inc. now owns 213,624 shares of the scientific and technical instruments company's stock worth $5,853,000 after purchasing an additional 103,897 shares during the period. Finally, Kempner Capital Management Inc. boosted its holdings in Sensata Technologies by 233.9% during the fourth quarter. Kempner Capital Management Inc. now owns 209,064 shares of the scientific and technical instruments company's stock worth $5,728,000 after buying an additional 146,449 shares in the last quarter. 99.42% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on ST shares. The Goldman Sachs Group raised their price objective on Sensata Technologies from $27.00 to $30.00 and gave the company a "buy" rating in a research note on Friday. Evercore ISI lowered shares of Sensata Technologies from an "outperform" rating to an "inline" rating and decreased their price objective for the stock from $40.00 to $27.00 in a research report on Thursday, April 3rd. UBS Group dropped their target price on shares of Sensata Technologies from $37.00 to $30.00 and set a "buy" rating for the company in a report on Thursday, April 10th. JPMorgan Chase & Co. lowered their price target on shares of Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating on the stock in a research report on Thursday, April 17th. Finally, Oppenheimer cut their price objective on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a research report on Thursday, February 13th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $33.58.

Sensata Technologies Trading Up 13.8 %

ST stock traded up $3.10 on Friday, hitting $25.56. 2,991,544 shares of the company were exchanged, compared to its average volume of 1,710,224. Sensata Technologies Holding plc has a twelve month low of $17.32 and a twelve month high of $43.14. The business's fifty day moving average is $23.19 and its two-hundred day moving average is $27.46. The stock has a market capitalization of $3.74 billion, a price-to-earnings ratio of 30.43, a price-to-earnings-growth ratio of 1.25 and a beta of 1.02. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99.

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 EPS 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 during the quarter, compared to analyst estimates of $878.39 million. During the same period in the prior year, the firm posted $0.89 earnings per share. The firm's revenue was down 9.5% on a year-over-year basis. As a group, 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 declared a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th will be given a dividend of $0.12 per share. The ex-dividend date is Wednesday, May 14th. This represents a $0.48 dividend on an annualized basis and a yield of 1.88%. Sensata Technologies's dividend payout ratio (DPR) is 57.14%.

Sensata Technologies Company 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.