Farther Finance Advisors LLC Cuts Position in Sensata Technologies Holding plc (NYSE:ST)

Farther Finance Advisors LLC decreased its stake in Sensata Technologies Holding plc (NYSE:ST) by 45.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,909 shares of the scientific and technical instruments company’s stock after selling 1,620 shares during the period. Farther Finance Advisors LLC’s holdings in Sensata Technologies were worth $52,000 as of its most recent SEC filing.

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

Sensata Technologies Stock Down 2.6 %

ST stock opened at $27.17 on Monday. The firm has a market cap of $4.06 billion, a PE ratio of 32.35, a P/E/G ratio of 1.25 and a beta of 1.20. Sensata Technologies Holding plc has a 12 month low of $24.91 and a 12 month high of $43.14. The firm has a 50 day simple moving average of $27.92 and a 200 day simple moving average of $30.94. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings data on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, hitting 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 forecast that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

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

Analyst Upgrades and Downgrades

ST has been the topic of several research analyst reports. Oppenheimer reduced their price objective on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating on the stock in a research note on Thursday, February 13th. UBS Group lowered their price objective on shares of Sensata Technologies from $38.00 to $37.00 and set a “buy” rating for the company in a research report on Wednesday, February 12th. Evercore ISI cut their target price on shares of Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating on the stock in a report on Friday, January 17th. Finally, The Goldman Sachs Group lowered their target price on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. One research 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. Based on data from MarketBeat, the stock has a consensus 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.