Mutual of America Capital Management LLC Sells 5,538 Shares of Sensata Technologies Holding plc (NYSE:ST)

Mutual of America Capital Management LLC lessened its stake in Sensata Technologies Holding plc (NYSE:ST) by 5.6% in the fourth quarter, HoldingsChannel reports. The firm owned 93,544 shares of the scientific and technical instruments company’s stock after selling 5,538 shares during the period. Mutual of America Capital Management LLC’s holdings in Sensata Technologies were worth $3,514,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in ST. Teachers Retirement System of The State of Kentucky purchased a new stake in Sensata Technologies in the 3rd quarter worth $1,294,000. Olstein Capital Management L.P. lifted its position in shares of Sensata Technologies by 11.4% in the 4th quarter. Olstein Capital Management L.P. now owns 341,000 shares of the scientific and technical instruments company’s stock worth $12,811,000 after purchasing an additional 35,000 shares during the period. Schroder Investment Management Group lifted its position in shares of Sensata Technologies by 6.0% in the 3rd quarter. Schroder Investment Management Group now owns 2,952,062 shares of the scientific and technical instruments company’s stock worth $111,647,000 after purchasing an additional 166,584 shares during the period. Kempner Capital Management Inc. lifted its position in shares of Sensata Technologies by 99.8% in the 4th quarter. Kempner Capital Management Inc. now owns 85,823 shares of the scientific and technical instruments company’s stock worth $3,224,000 after purchasing an additional 42,867 shares during the period. Finally, Invesco Ltd. lifted its position in Sensata Technologies by 71.1% during the third quarter. Invesco Ltd. now owns 303,865 shares of the scientific and technical instruments company’s stock valued at $11,492,000 after acquiring an additional 126,295 shares during the last quarter. Institutional investors own 99.42% of the company’s stock.

Analyst Upgrades and Downgrades

ST has been the subject of a number of analyst reports. The Goldman Sachs Group reissued a “neutral” rating and set a $36.00 target price (down previously from $44.00) on shares of Sensata Technologies in a research report on Tuesday, April 9th. Oppenheimer upgraded shares of Sensata Technologies from a “market perform” rating to an “outperform” rating and set a $50.00 price objective on the stock in a research note on Tuesday, January 30th. Truist Financial dropped their price target on shares of Sensata Technologies from $39.00 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 target for the company from $46.00 to $38.00 in a research report on Wednesday, February 7th. Finally, 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 target price on the stock. 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 stock. According to data from MarketBeat.com, Sensata Technologies has a consensus rating of “Hold” and a consensus target price of $39.25.

Sensata Technologies Stock Performance

NYSE ST opened at $33.48 on Thursday. The company has a current ratio of 2.55, a quick ratio of 1.69 and a debt-to-equity ratio of 1.13. Sensata Technologies Holding plc has a 52 week low of $30.56 and a 52 week high of $48.17. The firm has a 50 day moving average of $34.91 and a two-hundred day moving average of $34.85.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings results on Tuesday, February 6th. The scientific and technical instruments company reported $0.81 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.05). Sensata Technologies had a positive return on equity of 17.47% and a negative net margin of 0.10%. The firm had revenue of $992.50 million for the quarter, compared to analyst estimates of $978.05 million. During the same quarter last year, the firm earned $0.96 EPS. The company’s revenue was down 2.2% on a year-over-year basis. Sell-side analysts predict that Sensata Technologies Holding plc will post 3.74 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend was Tuesday, February 13th. Sensata Technologies’s dividend payout ratio (DPR) is presently -959.81%.

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.