Avantax Advisory Services Inc. Lowers Position in Sensata Technologies Holding plc (NYSE:ST)

Avantax Advisory Services Inc. reduced its position in shares of Sensata Technologies Holding plc (NYSE:ST) by 32.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,423 shares of the scientific and technical instruments company’s stock after selling 6,451 shares during the period. Avantax Advisory Services Inc.’s holdings in Sensata Technologies were worth $368,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp boosted its position in Sensata Technologies by 0.4% during the third quarter. State Street Corp now owns 5,470,903 shares of the scientific and technical instruments company’s stock worth $196,187,000 after purchasing an additional 23,946 shares in the last quarter. JPMorgan Chase & Co. raised 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 worth $23,688,000 after buying an additional 264,334 shares during the last quarter. Loomis Sayles & Co. L P purchased a new stake in shares of Sensata Technologies in the 3rd quarter worth about $9,791,000. Kempner Capital Management Inc. grew its stake in Sensata Technologies by 233.9% in the 4th quarter. Kempner Capital Management Inc. now owns 209,064 shares of the scientific and technical instruments company’s stock valued at $5,728,000 after acquiring an additional 146,449 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in Sensata Technologies by 1.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,060,537 shares of the scientific and technical instruments company’s stock valued at $29,059,000 after acquiring an additional 19,233 shares in the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

Analyst Upgrades and Downgrades

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

Sensata Technologies Trading Up 2.3 %

Sensata Technologies stock opened at $27.79 on Tuesday. 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 1 year low of $24.91 and a 1 year high of $43.14. The firm’s 50-day moving average is $27.92 and its 200-day moving average is $30.88. The company has a market cap of $4.16 billion, a P/E ratio of 33.08, a PEG ratio of 1.25 and a beta of 1.20.

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

Sensata Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders 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 yield of 1.73%. Sensata Technologies’s dividend payout ratio (DPR) is presently 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.