Stifel Financial Corp Sells 30,218 Shares of Sensata Technologies Holding plc (NYSE:ST)

Stifel Financial Corp lowered its stake in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 26.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 85,003 shares of the scientific and technical instruments company's stock after selling 30,218 shares during the period. Stifel Financial Corp owned approximately 0.06% of Sensata Technologies worth $2,329,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of ST. Blue Trust Inc. boosted its holdings in shares of Sensata Technologies by 738.7% during the fourth quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company's stock worth $26,000 after purchasing an additional 820 shares during the period. Brown Brothers Harriman & Co. acquired a new stake in shares of Sensata Technologies in the fourth quarter valued at about $27,000. Venturi Wealth Management LLC increased its position in Sensata Technologies by 67.6% in 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 buying an additional 817 shares during the period. Parkside Financial Bank & Trust raised its stake in Sensata Technologies by 48.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company's stock valued at $69,000 after purchasing an additional 820 shares during the last quarter. Finally, Headlands Technologies LLC lifted its stake in shares of Sensata Technologies by 524.8% in the fourth quarter. Headlands Technologies LLC now owns 2,768 shares of the scientific and technical instruments company's stock valued at $76,000 after buying an additional 2,325 shares during the period. Institutional investors and hedge funds own 99.42% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Oppenheimer cut their target price on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a research note on Thursday, February 13th. Robert W. Baird reduced their price objective on shares of Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating for the company in a report on Tuesday, April 15th. UBS Group lowered their target price on shares of Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Wells Fargo & Company began coverage on Sensata Technologies in a report on Friday, April 25th. They set an "equal weight" rating and a $20.00 price objective for the company. Finally, The Goldman Sachs Group raised Sensata Technologies from a "neutral" rating to a "buy" rating and reduced their target price for the stock from $31.00 to $27.00 in a report on Thursday, April 10th. One 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, the stock presently has an average rating of "Hold" and an average target price of $33.33.

Sensata Technologies Trading Up 3.2 %

Shares of ST stock traded up $0.70 on Thursday, reaching $22.39. 3,392,265 shares of the stock were exchanged, compared to its average volume of 1,712,629. 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 Holding plc has a one year low of $17.32 and a one year high of $43.14. The stock has a market cap of $3.27 billion, a PE ratio of 26.65, a P/E/G ratio of 1.25 and a beta of 1.02. The stock has a 50 day moving average price of $23.30 and a 200 day moving average price of $27.67.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The scientific and technical instruments company reported $0.78 earnings per share 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%. Equities research analysts forecast that Sensata Technologies Holding plc will post 3.21 EPS for the current fiscal 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 given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.14%. The ex-dividend date is Wednesday, May 14th. Sensata Technologies's payout ratio 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.