Y Intercept Hong Kong Ltd Has $606,000 Position in Sensata Technologies Holding plc (NYSE:ST)

Y Intercept Hong Kong Ltd raised its position in Sensata Technologies Holding plc (NYSE:ST) by 11.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,118 shares of the scientific and technical instruments company’s stock after purchasing an additional 2,355 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Sensata Technologies were worth $606,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. Venturi Wealth Management LLC raised its holdings in Sensata Technologies by 67.6% in the 4th quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock valued at $56,000 after buying an additional 817 shares during the last quarter. Sanctuary Advisors LLC raised its stake in shares of Sensata Technologies by 54.2% during the fourth quarter. Sanctuary Advisors LLC now owns 14,577 shares of the scientific and technical instruments company’s stock valued at $400,000 after acquiring an additional 5,121 shares during the last quarter. State of New Jersey Common Pension Fund D raised its stake in shares of Sensata Technologies by 24.1% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 67,759 shares of the scientific and technical instruments company’s stock valued at $1,857,000 after acquiring an additional 13,178 shares during the last quarter. Rhumbline Advisers lifted its holdings in shares of Sensata Technologies by 1.4% during the fourth quarter. Rhumbline Advisers now owns 384,823 shares of the scientific and technical instruments company’s stock worth $10,544,000 after purchasing an additional 5,311 shares during the period. Finally, Blue Trust Inc. grew its stake in shares of Sensata Technologies by 1,071.2% in the fourth quarter. Blue Trust Inc. now owns 1,300 shares of the scientific and technical instruments company’s stock worth $36,000 after purchasing an additional 1,189 shares during the last quarter. 99.42% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have commented on ST. The Goldman Sachs Group cut their target price on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. JPMorgan Chase & Co. cut their price objective on Sensata Technologies from $34.00 to $32.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 5th. Stifel Nicolaus decreased their target price on shares of Sensata Technologies from $43.00 to $38.00 and set a “hold” rating for the company in a research report on Tuesday, November 5th. Robert W. Baird dropped their price target on shares of Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 5th. Finally, Truist Financial reduced their price objective on shares of Sensata Technologies from $38.00 to $33.00 and set a “hold” rating on the stock in a research note 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 company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $39.08.

Sensata Technologies Trading Up 0.3 %

NYSE:ST opened at $28.86 on Friday. The firm has a fifty day simple moving average of $27.95 and a two-hundred day simple moving average of $32.04. Sensata Technologies Holding plc has a 12 month low of $24.91 and a 12 month high of $43.14. The stock has a market capitalization of $4.32 billion, a price-to-earnings ratio of 34.36, a PEG ratio of 1.25 and a beta of 1.23. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11.

Sensata Technologies (NYSE:ST) last issued its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 EPS for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. Analysts expect that Sensata Technologies Holding plc will post 3.21 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date of this dividend was Wednesday, February 12th. Sensata Technologies’s dividend payout ratio is currently 57.14%.

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.