Park Avenue Securities LLC Has $297,000 Stock Position in Sensata Technologies Holding plc (NYSE:ST)

Park Avenue Securities LLC raised its stake in Sensata Technologies Holding plc (NYSE:STFree Report) by 16.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,852 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,571 shares during the period. Park Avenue Securities LLC’s holdings in Sensata Technologies were worth $297,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Quarry LP lifted its stake in shares of Sensata Technologies by 227.1% in the second quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company’s stock valued at $40,000 after buying an additional 738 shares during the period. Assetmark Inc. raised its holdings in Sensata Technologies by 19.0% in the 3rd quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company’s stock valued at $93,000 after acquiring an additional 416 shares in the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of Sensata Technologies in the second quarter valued at $142,000. Capstone Investment Advisors LLC bought a new position in Sensata Technologies in the third quarter worth $237,000. Finally, Captrust Financial Advisors boosted its stake in Sensata Technologies by 21.5% during the third quarter. Captrust Financial Advisors now owns 7,146 shares of the scientific and technical instruments company’s stock worth $256,000 after buying an additional 1,264 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Sensata Technologies Price Performance

Sensata Technologies stock opened at $28.65 on Friday. The business’s 50-day simple moving average is $29.39 and its 200 day simple moving average is $33.85. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08. The stock has a market cap of $4.29 billion, a price-to-earnings ratio of -53.06, a P/E/G ratio of 0.87 and a beta of 1.24. Sensata Technologies Holding plc has a 12-month low of $26.65 and a 12-month high of $43.14.

Sensata Technologies (NYSE:STGet Free Report) last issued its earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.86. The company had revenue of $982.80 million for the quarter, compared to analyst estimates of $983.93 million. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The company’s revenue for the quarter was down 1.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.91 EPS. As a group, research analysts anticipate that Sensata Technologies Holding plc will post 3.44 earnings per share for the current year.

Sensata Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend is Wednesday, February 12th. Sensata Technologies’s payout ratio is -88.89%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. TD Cowen dropped their price objective on shares of Sensata Technologies from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. Truist Financial reduced their target price on shares of Sensata Technologies from $38.00 to $33.00 and set a “hold” rating on the stock in a research note on Tuesday, November 5th. The Goldman Sachs Group reduced their target price on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. UBS Group dropped their price target on Sensata Technologies from $44.00 to $39.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. Finally, Oppenheimer reduced their price objective on Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $39.58.

Check Out Our Latest Stock Analysis on Sensata Technologies

Sensata Technologies Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Sensata Technologies (NYSE:ST)

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