Generali Asset Management SPA SGR Makes New Investment in Sensata Technologies Holding plc (NYSE:ST)

Generali Asset Management SPA SGR purchased a new position in Sensata Technologies Holding plc (NYSE:ST) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,519 shares of the scientific and technical instruments company’s stock, valued at approximately $151,000.

A number of other hedge funds have also made changes to their positions in ST. Blue Trust Inc. lifted its position in shares of Sensata Technologies by 738.7% in the fourth quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company’s stock worth $26,000 after purchasing an additional 820 shares in the last quarter. Venturi Wealth Management LLC raised its position in Sensata Technologies by 67.6% during the fourth quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock valued at $56,000 after acquiring an additional 817 shares in the last quarter. Quarry LP raised its position in Sensata Technologies by 61.2% during the third quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company’s stock valued at $61,000 after acquiring an additional 651 shares in the last quarter. Parkside Financial Bank & Trust raised its position in Sensata Technologies by 48.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company’s stock valued at $69,000 after acquiring an additional 820 shares in the last quarter. Finally, R Squared Ltd bought a new position in Sensata Technologies during the fourth quarter valued at approximately $104,000. 99.42% of the stock is owned by hedge funds and other institutional investors.

Sensata Technologies Stock Down 2.6 %

Shares of NYSE ST opened at $27.17 on Friday. The stock has a market cap of $4.06 billion, a PE ratio of 32.35, a PEG ratio of 1.25 and a beta of 1.20. The business has a fifty day moving average of $27.92 and a two-hundred day moving average of $31.02. Sensata Technologies Holding plc has a 52-week low of $24.91 and a 52-week high of $43.14. 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 (NYSE:ST) last issued its quarterly earnings data on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (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%. As a group, equities research analysts expect that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

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

Analyst Ratings Changes

ST has been the topic of several research analyst reports. Evercore ISI lowered 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 note on Friday, January 17th. UBS Group lowered their price objective on shares of Sensata Technologies from $38.00 to $37.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. The Goldman Sachs Group lowered their price objective on shares of Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Finally, Oppenheimer decreased their price target on shares of Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating on the stock in a research note on Thursday, February 13th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target 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.