Jane Street Group LLC Sells 101,268 Shares of Sensata Technologies Holding plc (NYSE:ST)

Jane Street Group LLC trimmed its position in shares of Sensata Technologies Holding plc (NYSE:ST) by 68.3% during the third quarter, HoldingsChannel reports. The firm owned 46,977 shares of the scientific and technical instruments company’s stock after selling 101,268 shares during the quarter. Jane Street Group LLC’s holdings in Sensata Technologies were worth $1,685,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Raymond James & Associates grew its position in shares of Sensata Technologies by 98.5% in the 2nd quarter. Raymond James & Associates now owns 78,163 shares of the scientific and technical instruments company’s stock valued at $2,923,000 after purchasing an additional 38,795 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Sensata Technologies by 9.6% in the second quarter. Bank of New York Mellon Corp now owns 1,406,451 shares of the scientific and technical instruments company’s stock valued at $52,587,000 after buying an additional 122,795 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Sensata Technologies by 4.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 34,115 shares of the scientific and technical instruments company’s stock worth $1,276,000 after acquiring an additional 1,553 shares in the last quarter. nVerses Capital LLC acquired a new stake in shares of Sensata Technologies during the second quarter worth $131,000. Finally, Natixis Advisors LLC lifted its position in Sensata Technologies by 6.9% in the 2nd quarter. Natixis Advisors LLC now owns 269,374 shares of the scientific and technical instruments company’s stock valued at $10,072,000 after acquiring an additional 17,312 shares in the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Robert W. Baird lowered their target price on Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Tuesday, November 5th. The Goldman Sachs Group dropped their target price on Sensata Technologies from $41.00 to $39.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 1st. Evercore ISI decreased their price target on shares of Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating for the company in a research note on Tuesday, October 15th. Oppenheimer lowered their price objective on shares of Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. Finally, Stifel Nicolaus reduced their target price on shares of Sensata Technologies from $43.00 to $38.00 and set a “hold” rating for the company in a report on Tuesday, November 5th. One 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 stock presently has a consensus rating of “Hold” and a consensus price target of $41.00.

Sensata Technologies Stock Down 0.1 %

ST stock opened at $27.40 on Thursday. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.60 and a quick ratio of 1.76. The business’s fifty day moving average price is $32.25 and its two-hundred day moving average price is $35.46. Sensata Technologies Holding plc has a fifty-two week low of $27.12 and a fifty-two week high of $43.14. The stock has a market capitalization of $4.10 billion, a price-to-earnings ratio of -50.74, a PEG ratio of 0.89 and a beta of 1.22.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings data on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS for the quarter, hitting analysts’ consensus estimates of $0.86. The firm had revenue of $982.80 million for the quarter, compared to analyst estimates of $983.93 million. Sensata Technologies had a positive return on equity of 17.68% and a negative net margin of 1.98%. The company’s revenue was down 1.8% on a year-over-year basis. During the same quarter last year, the company earned $0.91 EPS. On average, equities analysts anticipate that Sensata Technologies Holding plc will post 3.43 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were paid a dividend of $0.12 per share. The ex-dividend date was Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.75%. Sensata Technologies’s payout ratio is -88.89%.

Sensata Technologies Company 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.