SeaCrest Wealth Management LLC Buys Shares of 1,300 Sensata Technologies Holding plc (NYSE:ST)

SeaCrest Wealth Management LLC purchased a new stake in Sensata Technologies Holding plc (NYSE:STGet Rating) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,300 shares of the scientific and technical instruments company’s stock, valued at approximately $54,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. First Horizon Advisors Inc. raised its position in Sensata Technologies by 1,199.1% in the second quarter. First Horizon Advisors Inc. now owns 1,429 shares of the scientific and technical instruments company’s stock valued at $58,000 after purchasing an additional 1,319 shares during the period. Raymond James Trust N.A. purchased a new stake in shares of Sensata Technologies in the 1st quarter valued at $202,000. Yousif Capital Management LLC lifted its stake in Sensata Technologies by 9.9% during the 1st quarter. Yousif Capital Management LLC now owns 4,451 shares of the scientific and technical instruments company’s stock worth $226,000 after acquiring an additional 400 shares in the last quarter. Wilbanks Smith & Thomas Asset Management LLC boosted its holdings in Sensata Technologies by 11.1% during the 1st quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 4,544 shares of the scientific and technical instruments company’s stock valued at $213,000 after acquiring an additional 454 shares during the period. Finally, Vident Investment Advisory LLC acquired a new position in Sensata Technologies in the 1st quarter valued at about $245,000. 98.58% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Sensata Technologies

In related news, Director Martha N. Sullivan sold 198,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 8th. The stock was sold at an average price of $41.42, for a total transaction of $8,201,160.00. Following the transaction, the director now owns 201,268 shares in the company, valued at approximately $8,336,520.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.00% of the company’s stock.

Sensata Technologies Stock Up 1.9 %

Shares of NYSE:ST opened at $44.03 on Friday. The firm has a 50 day simple moving average of $40.41 and a 200-day simple moving average of $42.51. Sensata Technologies Holding plc has a twelve month low of $36.64 and a twelve month high of $65.58. The company has a current ratio of 2.98, a quick ratio of 2.23 and a debt-to-equity ratio of 1.38. The company has a market capitalization of $6.73 billion, a PE ratio of 22.35, a P/E/G ratio of 1.18 and a beta of 1.26.

Sensata Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 23rd. Shareholders of record on Wednesday, November 9th will be issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend is Tuesday, November 8th. Sensata Technologies’s payout ratio is 22.34%.

Analysts Set New Price Targets

Several research firms have recently commented on ST. Royal Bank of Canada lowered their price objective on shares of Sensata Technologies from $51.00 to $49.00 and set an “outperform” rating for the company in a research note on Wednesday, October 26th. JPMorgan Chase & Co. upped their price objective on Sensata Technologies from $42.00 to $47.00 and gave the stock a “neutral” rating in a research report on Monday, October 10th. StockNews.com began coverage on Sensata Technologies in a report on Wednesday, October 12th. They issued a “hold” rating for the company. Stifel Nicolaus cut their price target on Sensata Technologies from $52.00 to $48.00 and set a “buy” rating on the stock in a report on Monday, October 10th. Finally, Citigroup decreased their price objective on Sensata Technologies from $45.00 to $42.00 and set a “neutral” rating for the company in a research note on Wednesday, October 26th. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, Sensata Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $55.93.

Sensata Technologies Profile

(Get Rating)

Sensata Technologies Holding plc develops, manufactures, and sells sensors, sensor-based solutions, controls, and other products in the Americas, Europe, Asia, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures sensors, high-voltage contactors, and other solutions used in mission-critical systems and applications, such as tire pressure monitoring, thermal management, electrical protection, regenerative braking, powertrain (engine/transmission), and exhaust management.

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Institutional Ownership by Quarter for Sensata Technologies (NYSE:ST)

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