Boothbay Fund Management LLC purchased a new position in shares of Sensata Technologies Holding plc (NYSE:ST – Get Rating) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 7,835 shares of the scientific and technical instruments company’s stock, valued at approximately $292,000.
Several other institutional investors also recently bought and sold shares of ST. IFP Advisors Inc grew its position in shares of Sensata Technologies by 125.4% in the third quarter. IFP Advisors Inc now owns 453 shares of the scientific and technical instruments company’s stock valued at $25,000 after purchasing an additional 252 shares during the period. SeaCrest Wealth Management LLC purchased a new stake in Sensata Technologies during the 2nd quarter worth approximately $54,000. Wahed Invest LLC acquired a new position in shares of Sensata Technologies during the second quarter valued at approximately $61,000. Rockefeller Capital Management L.P. raised its holdings in shares of Sensata Technologies by 87.3% during the third quarter. Rockefeller Capital Management L.P. now owns 2,130 shares of the scientific and technical instruments company’s stock valued at $79,000 after acquiring an additional 993 shares during the last quarter. Finally, Alan B. Lancz & Associates Inc. acquired a new stake in shares of Sensata Technologies in the second quarter worth approximately $165,000. 97.82% of the stock is owned by institutional investors and hedge funds.
Sensata Technologies Stock Up 1.2 %
Shares of NYSE:ST opened at $51.65 on Friday. The firm has a 50 day simple moving average of $47.46 and a 200-day simple moving average of $43.55. Sensata Technologies Holding plc has a twelve month low of $36.64 and a twelve month high of $57.12. The company has a current ratio of 2.35, a quick ratio of 1.81 and a debt-to-equity ratio of 1.28. The company has a market capitalization of $7.88 billion, a PE ratio of 25.70, a P/E/G ratio of 1.22 and a beta of 1.33.
Sensata Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, February 22nd. Investors of record on Wednesday, February 8th were issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date was Tuesday, February 7th. Sensata Technologies’s dividend payout ratio is currently 21.89%.
Insider Activity at Sensata Technologies
In related news, CAO Maria G. Freve sold 867 shares of the stock in a transaction on Thursday, December 15th. The stock was sold at an average price of $41.67, for a total transaction of $36,127.89. Following the completion of the sale, the chief accounting officer now directly owns 6,729 shares of the company’s stock, valued at $280,397.43. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other Sensata Technologies news, CAO Maria G. Freve sold 867 shares of Sensata Technologies stock in a transaction that occurred on Thursday, December 15th. The stock was sold at an average price of $41.67, for a total value of $36,127.89. Following the sale, the chief accounting officer now owns 6,729 shares of the company’s stock, valued at approximately $280,397.43. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jeffrey J. Cote sold 41,816 shares of the stock in a transaction that occurred on Thursday, January 12th. The stock was sold at an average price of $45.00, for a total value of $1,881,720.00. Following the transaction, the chief executive officer now directly owns 141,024 shares of the company’s stock, valued at $6,346,080. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
ST has been the subject of a number of recent research reports. Citigroup increased their target price on shares of Sensata Technologies from $42.00 to $55.00 and gave the company a “neutral” rating in a research report on Wednesday, February 1st. StockNews.com downgraded Sensata Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, January 31st. TheStreet upgraded Sensata Technologies from a “c+” rating to a “b-” rating in a report on Monday, January 30th. Wolfe Research cut shares of Sensata Technologies from an “outperform” rating to a “peer perform” rating in a research report on Thursday, February 9th. Finally, Jefferies Financial Group upgraded shares of Sensata Technologies from a “hold” rating to a “buy” rating and raised their price target for the stock from $43.00 to $54.00 in a report on Tuesday, November 22nd. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $55.29.
Sensata Technologies Profile
Sensata Technologies Holding Plc is a global industrial technology company, which engages in the development, manufacture, and sale of sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications. The firm operates through the Performance Sensing and Sensing Solutions segments.
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