Sensata Technologies Holding plc (NYSE:ST) Stock Holdings Lessened by Ameriprise Financial Inc.

Ameriprise Financial Inc. lowered its stake in Sensata Technologies Holding plc (NYSE:ST) by 4.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 156,108 shares of the scientific and technical instruments company’s stock after selling 7,097 shares during the period. Ameriprise Financial Inc. owned approximately 0.10% of Sensata Technologies worth $4,277,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of ST. Fuller & Thaler Asset Management Inc. increased its holdings in shares of Sensata Technologies by 96.8% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 5,260,870 shares of the scientific and technical instruments company’s stock valued at $144,148,000 after buying an additional 2,587,183 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in Sensata Technologies by 36.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 7,821,428 shares of the scientific and technical instruments company’s stock worth $214,308,000 after purchasing an additional 2,088,161 shares in the last quarter. Norges Bank purchased a new position in Sensata Technologies during the 4th quarter worth approximately $48,580,000. Boston Partners grew its position in Sensata Technologies by 11.6% during the 4th quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company’s stock worth $179,087,000 after purchasing an additional 677,316 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Sensata Technologies by 12.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,808,186 shares of the scientific and technical instruments company’s stock worth $159,143,000 after purchasing an additional 648,028 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Wall Street Zen upgraded shares of Sensata Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. Wells Fargo & Company lifted their price objective on shares of Sensata Technologies from $23.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Monday, May 19th. The Goldman Sachs Group lifted their price objective on shares of Sensata Technologies from $27.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday, May 9th. JPMorgan Chase & Co. lowered their price objective 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, UBS Group lowered their price target on shares of Sensata Technologies from $37.00 to $30.00 and set a “buy” rating on the stock in a report on Thursday, April 10th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $34.08.

Sensata Technologies Trading Down 1.2%

Sensata Technologies stock opened at $25.23 on Monday. The company’s fifty day simple moving average is $23.04 and its 200-day simple moving average is $26.90. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11. Sensata Technologies Holding plc has a 12 month low of $17.32 and a 12 month high of $42.60. The stock has a market cap of $3.69 billion, a P/E ratio of 30.03, a P/E/G ratio of 1.25 and a beta of 1.02.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings data on Thursday, May 8th. The scientific and technical instruments company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.06. The firm had revenue of $911.26 million during the quarter, compared to analysts’ expectations of $878.39 million. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. Sensata Technologies’s revenue for the quarter was down 9.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.89 earnings per share. As a group, sell-side analysts forecast that Sensata Technologies Holding plc will post 3.21 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date of this dividend is Wednesday, May 14th. Sensata Technologies’s dividend payout ratio is presently 59.26%.

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.