Dimensional Fund Advisors LP Trims Position in Sensata Technologies Holding plc (NYSE:ST)

Dimensional Fund Advisors LP lowered its stake in shares of Sensata Technologies Holding plc (NYSE:ST – Get Rating) by 0.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,810,724 shares of the scientific and technical instruments company’s stock after selling 12,561 shares during the period. Dimensional Fund Advisors LP owned approximately 1.84% of Sensata Technologies worth $113,496,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Goodman Financial Corp raised its stake in Sensata Technologies by 1.7% during the fourth quarter. Goodman Financial Corp now owns 211,374 shares of the scientific and technical instruments company’s stock worth $8,535,000 after purchasing an additional 3,489 shares during the period. Royal London Asset Management Ltd. raised its stake in shares of Sensata Technologies by 1.8% in the 4th quarter. Royal London Asset Management Ltd. now owns 52,100 shares of the scientific and technical instruments company’s stock valued at $2,103,000 after acquiring an additional 898 shares during the period. UBS Group AG raised its stake in shares of Sensata Technologies by 836.0% in the 4th quarter. UBS Group AG now owns 207,436 shares of the scientific and technical instruments company’s stock valued at $8,376,000 after acquiring an additional 185,275 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of Sensata Technologies by 28.4% in the 4th quarter. Thrivent Financial for Lutherans now owns 44,387 shares of the scientific and technical instruments company’s stock valued at $1,792,000 after acquiring an additional 9,820 shares during the period. Finally, Russell Investments Group Ltd. raised its stake in shares of Sensata Technologies by 100.6% in the 4th quarter. Russell Investments Group Ltd. now owns 299,826 shares of the scientific and technical instruments company’s stock valued at $12,107,000 after acquiring an additional 150,337 shares during the period. Hedge funds and other institutional investors own 97.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on ST shares. Cowen raised their target price on shares of Sensata Technologies from $55.00 to $63.00 and gave the company an “outperform” rating in a research note on Thursday, February 2nd. Wolfe Research lowered shares of Sensata Technologies from an “outperform” rating to a “peer perform” rating in a report on Thursday, February 9th. Robert W. Baird raised their price target on shares of Sensata Technologies from $52.00 to $54.00 and gave the company a “neutral” rating in a report on Wednesday, February 1st. Citigroup raised their price target on shares of Sensata Technologies from $42.00 to $55.00 and gave the company a “neutral” rating in a report on Wednesday, February 1st. Finally, StockNews.com assumed coverage on shares of Sensata Technologies in a report on Thursday. They set a “buy” rating for the company. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $53.83.

Sensata Technologies Trading Down 0.7 %

Shares of NYSE:ST opened at $41.46 on Friday. The company has a market cap of $6.32 billion, a PE ratio of 17.06, a P/E/G ratio of 0.99 and a beta of 1.32. The company’s 50-day moving average price is $45.23 and its 200 day moving average price is $45.59. Sensata Technologies Holding plc has a fifty-two week low of $36.64 and a fifty-two week high of $54.34. The company has a quick ratio of 1.79, a current ratio of 2.38 and a debt-to-equity ratio of 1.19.

Sensata Technologies (NYSE:ST – Get Rating) last issued its quarterly earnings data on Tuesday, April 25th. The scientific and technical instruments company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.04. The firm had revenue of $998.20 million for the quarter, compared to the consensus estimate of $984.76 million. Sensata Technologies had a net margin of 9.25% and a return on equity of 17.67%. Sensata Technologies’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period last year, the firm posted $0.78 EPS. Sell-side analysts anticipate that Sensata Technologies Holding plc will post 3.84 earnings per share for the current year.

Sensata Technologies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 24th. Shareholders of record on Wednesday, May 10th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.16%. This is an increase from Sensata Technologies’s previous quarterly dividend of $0.11. The ex-dividend date is Tuesday, May 9th. Sensata Technologies’s payout ratio is 19.75%.

Insiders Place Their Bets

In other Sensata Technologies news, Director Martha N. Sullivan sold 11,700 shares of the business’s stock in a transaction dated Monday, May 15th. The shares were sold at an average price of $41.27, for a total transaction of $482,859.00. Following the sale, the director now directly owns 201,268 shares in the company, valued at approximately $8,306,330.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is owned by insiders.

Sensata Technologies Company Profile

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Sensata Technologies Holding Plc is a global industrial technology company, which engages in the development, manufacture, and sale of sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications. The firm operates through the Performance Sensing and Sensing Solutions segments.