Easterly Investment Partners LLC Buys 10,445 Shares of Sensata Technologies Holding plc (NYSE:ST)

Easterly Investment Partners LLC raised its stake in Sensata Technologies Holding plc (NYSE:ST) by 4.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 250,323 shares of the scientific and technical instruments company’s stock after acquiring an additional 10,445 shares during the period. Easterly Investment Partners LLC owned about 0.17% of Sensata Technologies worth $6,859,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Merewether Investment Management LP acquired a new position in Sensata Technologies in the third quarter valued at about $25,446,000. Boston Partners boosted its holdings in shares of Sensata Technologies by 11.6% in the 4th quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company’s stock worth $179,087,000 after acquiring an additional 677,316 shares in the last quarter. FMR LLC grew its position 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 worth $139,703,000 after acquiring an additional 618,202 shares during the last quarter. Loomis Sayles & Co. L P bought a new position in Sensata Technologies in the 3rd quarter valued at $9,791,000. Finally, Sei Investments Co. raised its position in Sensata Technologies by 54.6% in the 4th quarter. Sei Investments Co. now owns 756,476 shares of the scientific and technical instruments company’s stock valued at $20,728,000 after purchasing an additional 267,318 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Sensata Technologies Stock Down 1.5 %

Shares of NYSE ST opened at $27.44 on Thursday. The firm has a 50 day moving average price of $27.91 and a 200 day moving average price of $30.81. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. The stock has a market cap of $4.10 billion, a P/E ratio of 32.66, a P/E/G ratio of 1.25 and a beta of 1.20. Sensata Technologies Holding plc has a 52-week low of $24.91 and a 52-week high of $43.14.

Sensata Technologies (NYSE:ST) last released its quarterly earnings data 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 net margin of 3.27% and a return on equity of 17.54%. Analysts expect that Sensata Technologies Holding plc will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders 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 1.75%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies’s dividend payout ratio (DPR) is presently 57.14%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on ST shares. 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 research note on Thursday, January 16th. 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 reduced their target price 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 lowered their price target on shares of Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating for the company in a report on Thursday, February 13th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $39.08.

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.