Moors & Cabot Inc. Cuts Stock Holdings in Sensata Technologies Holding plc (NYSE:ST)

Moors & Cabot Inc. lowered its stake in Sensata Technologies Holding plc (NYSE:ST) by 29.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,718 shares of the scientific and technical instruments company’s stock after selling 5,761 shares during the quarter. Moors & Cabot Inc.’s holdings in Sensata Technologies were worth $376,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ST. Janus Henderson Group PLC raised its holdings in shares of Sensata Technologies by 0.5% during the 3rd 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 acquiring an additional 45,513 shares in the last quarter. State Street Corp raised its stake 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 valued at $196,187,000 after purchasing an additional 23,946 shares in the last quarter. FMR LLC raised its stake in Sensata Technologies by 18.9% during the third quarter. FMR LLC now owns 3,895,776 shares of the scientific and technical instruments company’s stock valued at $139,703,000 after purchasing an additional 618,202 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in Sensata Technologies by 0.4% during the third 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 purchasing an additional 11,798 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Sensata Technologies by 1.0% in the 3rd 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 buying an additional 24,707 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Price Performance

Shares of ST stock opened at $27.18 on Friday. The company’s 50-day simple moving average is $27.93 and its two-hundred day simple moving average is $31.34. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99. Sensata Technologies Holding plc has a one year low of $24.91 and a one year high of $43.14. The company has a market capitalization of $4.07 billion, a P/E ratio of 32.36, a P/E/G ratio of 1.25 and a beta of 1.20.

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, hitting the consensus estimate of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. As a group, equities analysts anticipate that Sensata Technologies Holding plc will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

The firm also recently announced 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. This represents a $0.48 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies’s dividend payout ratio (DPR) is 57.14%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on ST shares. The Goldman Sachs Group lowered their price target on shares of Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Evercore ISI lowered their price objective on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating for the company in a research note on Friday, January 17th. Oppenheimer cut their target price on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating on the stock in a research report on Thursday, February 13th. Finally, UBS Group lowered their price target on 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 investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Sensata Technologies currently has an average 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.