Yousif Capital Management LLC Sells 515 Shares of Sensata Technologies Holding plc (NYSE:ST)

Yousif Capital Management LLC lessened its stake in shares of Sensata Technologies Holding plc (NYSE:ST) by 0.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 72,858 shares of the scientific and technical instruments company’s stock after selling 515 shares during the period. Yousif Capital Management LLC’s holdings in Sensata Technologies were worth $2,737,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ST. Treasurer of the State of North Carolina increased its stake in Sensata Technologies by 0.5% in the third quarter. Treasurer of the State of North Carolina now owns 66,248 shares of the scientific and technical instruments company’s stock valued at $2,505,000 after acquiring an additional 340 shares during the last quarter. M&T Bank Corp boosted its stake in Sensata Technologies by 7.1% in the third quarter. M&T Bank Corp now owns 6,312 shares of the scientific and technical instruments company’s stock valued at $239,000 after buying an additional 421 shares in the last quarter. Highland Capital Management LLC grew its position in Sensata Technologies by 3.3% in the fourth quarter. Highland Capital Management LLC now owns 15,571 shares of the scientific and technical instruments company’s stock valued at $585,000 after acquiring an additional 500 shares during the last quarter. Covestor Ltd raised its stake in Sensata Technologies by 71.6% during the third quarter. Covestor Ltd now owns 1,249 shares of the scientific and technical instruments company’s stock worth $47,000 after acquiring an additional 521 shares in the last quarter. Finally, New York State Teachers Retirement System lifted its holdings in shares of Sensata Technologies by 2.7% in the fourth quarter. New York State Teachers Retirement System now owns 23,100 shares of the scientific and technical instruments company’s stock worth $868,000 after acquiring an additional 600 shares during the last quarter. 99.42% of the stock is owned by institutional investors and hedge funds.

Sensata Technologies Stock Up 2.0 %

Shares of ST opened at $35.68 on Tuesday. Sensata Technologies Holding plc has a 52 week low of $30.56 and a 52 week high of $47.41. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.55 and a quick ratio of 1.69. The stock has a 50 day moving average price of $35.10 and a two-hundred day moving average price of $34.65.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings data on Tuesday, February 6th. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.05). Sensata Technologies had a negative net margin of 0.10% and a positive return on equity of 17.47%. The company had revenue of $992.50 million for the quarter, compared to the consensus estimate of $978.05 million. During the same quarter last year, the business posted $0.96 earnings per share. Sensata Technologies’s revenue was down 2.2% on a year-over-year basis. On average, analysts forecast that Sensata Technologies Holding plc will post 3.72 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Wednesday, May 8th will be paid a $0.12 dividend. The ex-dividend date is Tuesday, May 7th. This represents a $0.48 annualized dividend and a yield of 1.35%. Sensata Technologies’s dividend payout ratio (DPR) is -959.81%.

Analyst Ratings Changes

Several research analysts have recently issued reports on ST shares. Truist Financial lowered their price target on shares of Sensata Technologies from $39.00 to $36.00 and set a “hold” rating for the company in a report on Wednesday, February 7th. Jefferies Financial Group started coverage on Sensata Technologies in a research report on Tuesday, April 9th. They issued a “hold” rating and a $40.00 price objective for the company. Oppenheimer raised Sensata Technologies from a “market perform” rating to an “outperform” rating and set a $50.00 target price for the company in a research note on Tuesday, January 30th. Bank of America lowered shares of Sensata Technologies from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $46.00 to $38.00 in a report on Wednesday, February 7th. Finally, JPMorgan Chase & Co. downgraded Sensata Technologies from a “neutral” rating to an “underweight” rating and dropped their price target for the stock from $37.00 to $34.00 in a research note on Monday, January 8th. One analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. According to MarketBeat, Sensata Technologies presently has a consensus rating of “Hold” and a consensus price target of $39.25.

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.