Securian Asset Management Inc. Sells 432 Shares of Sensata Technologies Holding plc (NYSE:ST)

Securian Asset Management Inc. trimmed its position in shares of Sensata Technologies Holding plc (NYSE:ST) by 3.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,306 shares of the scientific and technical instruments company’s stock after selling 432 shares during the quarter. Securian Asset Management Inc.’s holdings in Sensata Technologies were worth $310,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ST. Merewether Investment Management LP bought a new position in shares of Sensata Technologies during the third quarter worth $25,446,000. FMR LLC boosted its position in shares of Sensata Technologies by 18.9% during the third quarter. FMR LLC now owns 3,895,776 shares of the scientific and technical instruments company’s stock worth $139,703,000 after purchasing an additional 618,202 shares in the last quarter. Loomis Sayles & Co. L P bought a new stake in Sensata Technologies in the 3rd quarter valued at $9,791,000. JPMorgan Chase & Co. lifted its position in Sensata Technologies by 66.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 660,568 shares of the scientific and technical instruments company’s stock valued at $23,688,000 after acquiring an additional 264,334 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Sensata Technologies in the 4th quarter valued at $5,639,000. 99.42% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Sensata Technologies Stock Up 0.2 %

Shares of ST stock opened at $27.79 on Wednesday. The firm has a market capitalization of $4.16 billion, a P/E ratio of 33.08, a PEG ratio of 1.25 and a beta of 1.20. The firm’s fifty day moving average price is $27.91 and its two-hundred day moving average price is $31.15. Sensata Technologies Holding plc has a 1 year low of $24.91 and a 1 year 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.

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

Sensata Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.48 annualized dividend and a dividend yield of 1.73%. Sensata Technologies’s dividend payout ratio is presently 57.14%.

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.