241,713 Shares in Sensata Technologies Holding plc (NYSE:ST) Bought by Nuance Investments LLC

Nuance Investments LLC purchased a new stake in shares of Sensata Technologies Holding plc (NYSE:ST) during the fourth quarter, Holdings Channel reports. The fund purchased 241,713 shares of the scientific and technical instruments company’s stock, valued at approximately $6,623,000.

Several other hedge funds have also recently made changes to their positions in ST. Empowered Funds LLC increased its holdings in Sensata Technologies by 12.9% in the third quarter. Empowered Funds LLC now owns 9,635 shares of the scientific and technical instruments company’s stock worth $346,000 after purchasing an additional 1,098 shares in the last quarter. Intech Investment Management LLC bought a new position in Sensata Technologies during the third quarter worth $1,145,000. Charles Schwab Investment Management Inc. grew its holdings in Sensata Technologies by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,041,304 shares of the scientific and technical instruments company’s stock worth $37,341,000 after purchasing an additional 11,626 shares during the period. Cerity Partners LLC increased its stake in Sensata Technologies by 42.0% in the third quarter. Cerity Partners LLC now owns 18,215 shares of the scientific and technical instruments company’s stock valued at $653,000 after purchasing an additional 5,392 shares in the last quarter. Finally, Loomis Sayles & Co. L P acquired a new position in shares of Sensata Technologies during the third quarter valued at about $9,791,000. 99.42% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on ST shares. 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 note on Friday, January 17th. UBS Group cut their target price on Sensata Technologies from $38.00 to $37.00 and set a “buy” rating on the stock in a report on Wednesday, February 12th. Oppenheimer decreased their price target on shares of Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating for the company in a research note on Thursday, February 13th. Finally, The Goldman Sachs Group reduced 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. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $39.08.

Sensata Technologies Stock Up 0.1 %

Sensata Technologies stock opened at $27.82 on Wednesday. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11. The company has a market capitalization of $4.16 billion, a P/E ratio of 33.12, a P/E/G ratio of 1.25 and a beta of 1.20. The firm has a 50 day moving average price of $27.93 and a 200-day moving average price of $30.83. Sensata Technologies Holding plc has a twelve month low of $24.91 and a twelve month high of $43.14.

Sensata Technologies (NYSE:ST) last issued 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 return on equity of 17.54% and a net margin of 3.27%. As a group, equities analysts predict that Sensata Technologies Holding plc will post 3.21 EPS for the current year.

Sensata Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.73%. The ex-dividend date of this dividend was Wednesday, February 12th. Sensata Technologies’s dividend payout ratio (DPR) is currently 57.14%.

About Sensata Technologies

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.