Quantbot Technologies LP Acquires 94,529 Shares of Sensata Technologies Holding plc (NYSE:ST)

Quantbot Technologies LP grew its holdings in shares of Sensata Technologies Holding plc (NYSE:ST) by 200.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 141,768 shares of the scientific and technical instruments company’s stock after purchasing an additional 94,529 shares during the quarter. Quantbot Technologies LP owned approximately 0.09% of Sensata Technologies worth $3,884,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Blue Trust Inc. grew its position in 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 valued at $26,000 after buying an additional 820 shares during the period. Venturi Wealth Management LLC raised its holdings in shares of 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 purchasing an additional 817 shares during the period. Quarry LP lifted its stake in Sensata Technologies by 61.2% in the third quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company’s stock valued at $61,000 after purchasing an additional 651 shares during the last quarter. Parkside Financial Bank & Trust grew its holdings in Sensata Technologies by 48.2% during the fourth 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 period. Finally, R Squared Ltd purchased a new stake in Sensata Technologies in the fourth quarter worth $104,000. 99.42% of the stock is currently owned by institutional investors.

Sensata Technologies Stock Performance

Shares of ST opened at $27.17 on Friday. Sensata Technologies Holding plc has a 12-month low of $24.91 and a 12-month high of $43.14. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. The company has a market cap of $4.06 billion, a PE ratio of 32.35, a price-to-earnings-growth ratio of 1.25 and a beta of 1.20. The stock has a 50-day moving average price of $27.92 and a 200-day moving average price of $31.02.

Sensata Technologies (NYSE:ST) last announced its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. As a group, equities analysts forecast that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were given a dividend of $0.12 per share. The ex-dividend date was Wednesday, February 12th. This represents a $0.48 dividend on an annualized basis and a yield of 1.77%. Sensata Technologies’s payout ratio is 57.14%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ST. Evercore ISI dropped their price target on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating on the stock in a research report on Friday, January 17th. The Goldman Sachs Group cut their price objective on shares of Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. UBS Group lowered their target price on shares of Sensata Technologies from $38.00 to $37.00 and set a “buy” rating on the stock in a report on Wednesday, February 12th. Finally, Oppenheimer reduced their price target on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating for the company in a research report on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $39.08.

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.