Y Intercept Hong Kong Ltd Raises Position in Sensata Technologies Holding plc (NYSE:ST)

Y Intercept Hong Kong Ltd lifted its stake in shares of Sensata Technologies Holding plc (NYSE:ST) by 11.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,118 shares of the scientific and technical instruments company’s stock after buying an additional 2,355 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Sensata Technologies were worth $606,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Blue Trust Inc. grew its position in Sensata Technologies by 738.7% in the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company’s stock worth $26,000 after purchasing an additional 820 shares in the last quarter. Venturi Wealth Management LLC grew its holdings in shares of Sensata Technologies by 67.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock valued at $56,000 after acquiring an additional 817 shares in the last quarter. Quarry LP increased its position in shares of Sensata Technologies by 61.2% during the third quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company’s stock valued at $61,000 after acquiring an additional 651 shares during the last quarter. Assetmark Inc. lifted its holdings in Sensata Technologies by 19.0% during the third quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company’s stock worth $93,000 after acquiring an additional 416 shares during the period. Finally, R Squared Ltd purchased a new position in Sensata Technologies in the fourth quarter worth $104,000. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Sensata Technologies Price Performance

Shares of NYSE ST opened at $28.86 on Friday. The stock has a fifty day moving average of $27.95 and a 200-day moving average of $32.04. The stock has a market cap of $4.32 billion, a PE ratio of 34.36, a price-to-earnings-growth ratio of 1.25 and a beta of 1.23. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. Sensata Technologies Holding plc has a fifty-two week low of $24.91 and a fifty-two week high of $43.14.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share 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%. Equities research analysts anticipate that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.66%. Sensata Technologies’s dividend payout ratio (DPR) is currently 57.14%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on ST shares. Oppenheimer decreased their target price 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. Stifel Nicolaus decreased their price objective on shares of Sensata Technologies from $43.00 to $38.00 and set a “hold” rating for the company in a report on Tuesday, November 5th. TD Cowen dropped their target price on shares of Sensata Technologies from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. UBS Group decreased their price target on shares of Sensata Technologies from $38.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. Finally, Robert W. Baird dropped their price objective on Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 5th. One research 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 data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target 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.