Thrivent Financial for Lutherans Has $1.28 Million Stake in Sensata Technologies Holding plc (NYSE:ST)

Thrivent Financial for Lutherans lowered its stake in Sensata Technologies Holding plc (NYSE:ST) by 75.9% in the third quarter, Holdings Channel reports. The fund owned 35,754 shares of the scientific and technical instruments company’s stock after selling 112,391 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Sensata Technologies were worth $1,282,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. GAMMA Investing LLC raised its position in Sensata Technologies by 399.0% in the second quarter. GAMMA Investing LLC now owns 968 shares of the scientific and technical instruments company’s stock valued at $36,000 after purchasing an additional 774 shares during the last quarter. Versant Capital Management Inc acquired a new position in shares of Sensata Technologies in the second quarter valued at approximately $37,000. Quarry LP raised its holdings in Sensata Technologies by 227.1% in the 2nd quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company’s stock valued at $40,000 after buying an additional 738 shares during the last quarter. Assetmark Inc. boosted its position in Sensata Technologies by 19.0% during the 3rd quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company’s stock worth $93,000 after buying an additional 416 shares during the period. Finally, First Horizon Advisors Inc. boosted its position in Sensata Technologies by 57.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,529 shares of the scientific and technical instruments company’s stock worth $95,000 after buying an additional 927 shares during the period. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Sensata Technologies Trading Up 0.1 %

NYSE ST opened at $32.14 on Monday. The stock has a market capitalization of $4.81 billion, a P/E ratio of -59.52, a P/E/G ratio of 0.94 and a beta of 1.25. The business has a 50 day simple moving average of $34.17 and a 200 day simple moving average of $36.82. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.60 and a quick ratio of 1.76. Sensata Technologies Holding plc has a one year low of $30.43 and a one year high of $43.14.

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

Sensata Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.49%. The ex-dividend date of this dividend was Wednesday, November 13th. Sensata Technologies’s dividend payout ratio (DPR) is currently -88.89%.

Analysts Set New Price Targets

Several brokerages have issued reports on ST. Oppenheimer decreased their price target on shares of Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. UBS Group decreased their price objective on Sensata Technologies from $44.00 to $39.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. Evercore ISI cut their target price on Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating on the stock in a report on Tuesday, October 15th. Robert W. Baird decreased their price target on Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a research note on Tuesday, November 5th. Finally, The Goldman Sachs Group lowered their price objective on Sensata Technologies from $41.00 to $39.00 and set a “neutral” rating for the company in a research report on Tuesday, October 1st. One equities research 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 data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $41.00.

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.