R Squared Ltd Invests $104,000 in Sensata Technologies Holding plc (NYSE:ST)

R Squared Ltd purchased a new stake in Sensata Technologies Holding plc (NYSE:ST) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 3,790 shares of the scientific and technical instruments company’s stock, valued at approximately $104,000.

Several other hedge funds have also bought and sold shares of the stock. Janus Henderson Group PLC increased its position in Sensata Technologies by 0.5% in the third quarter. Janus Henderson Group PLC now owns 9,722,999 shares of the scientific and technical instruments company’s stock worth $348,666,000 after purchasing an additional 45,513 shares during the last quarter. State Street Corp increased its holdings in shares of Sensata Technologies by 0.4% in the 3rd quarter. State Street Corp now owns 5,470,903 shares of the scientific and technical instruments company’s stock worth $196,187,000 after buying an additional 23,946 shares during the last quarter. FMR LLC raised its position in shares of 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 buying an additional 618,202 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Sensata Technologies by 0.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,721,353 shares of the scientific and technical instruments company’s stock valued at $97,588,000 after acquiring an additional 11,798 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in Sensata Technologies by 1.0% in the third quarter. Geode Capital Management LLC now owns 2,520,062 shares of the scientific and technical instruments company’s stock worth $90,393,000 after acquiring an additional 24,707 shares in the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Wall Street Analysts Forecast Growth

ST has been the topic of a number of recent research reports. UBS Group decreased their price objective on Sensata Technologies from $44.00 to $39.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. The Goldman Sachs Group lowered their price target on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company 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. JPMorgan Chase & Co. lowered their target price on shares of Sensata Technologies from $34.00 to $32.00 and set an “underweight” rating for the company in a report on Tuesday, November 5th. Finally, Oppenheimer cut their price target on shares of Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. One equities 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 stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $39.58.

Sensata Technologies Trading Down 0.5 %

ST opened at $27.40 on Friday. Sensata Technologies Holding plc has a 52 week low of $26.65 and a 52 week high of $43.14. The company has a market capitalization of $4.10 billion, a P/E ratio of -50.74, a PEG ratio of 0.87 and a beta of 1.24. The stock’s fifty day moving average is $29.21 and its two-hundred day moving average is $33.57. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08.

Sensata Technologies (NYSE:ST) last released its quarterly earnings data on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, meeting the consensus estimate of $0.86. The firm had revenue of $982.80 million during the quarter, compared to the consensus estimate of $983.93 million. Sensata Technologies had a positive return on equity of 17.68% and a negative net margin of 1.98%. The firm’s quarterly revenue was down 1.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.91 earnings per share. Analysts forecast that Sensata Technologies Holding plc will post 3.44 earnings per share for the current year.

Sensata Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be issued a dividend of $0.12 per share. The ex-dividend date is Wednesday, February 12th. This represents a $0.48 dividend on an annualized basis and a yield of 1.75%. Sensata Technologies’s dividend payout ratio is currently -88.89%.

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.