Sensata Technologies Holding N.V. $ST Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. lessened its stake in Sensata Technologies Holding N.V. (NYSE:ST) by 0.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 14,982,519 shares of the scientific and technical instruments company’s stock after selling 15,003 shares during the quarter. Vanguard Group Inc. owned 0.10% of Sensata Technologies worth $498,768,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of ST. Goldman Sachs Group Inc. raised its stake in Sensata Technologies by 107.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 419,137 shares of the scientific and technical instruments company’s stock worth $10,172,000 after acquiring an additional 217,418 shares in the last quarter. United Services Automobile Association acquired a new position in Sensata Technologies in the 1st quarter valued at about $246,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Sensata Technologies by 12.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 505,957 shares of the scientific and technical instruments company’s stock valued at $12,280,000 after acquiring an additional 55,045 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Sensata Technologies by 11.8% during the second quarter. Cetera Investment Advisers now owns 23,409 shares of the scientific and technical instruments company’s stock worth $705,000 after purchasing an additional 2,472 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of Sensata Technologies in the 2nd quarter worth $750,000. Institutional investors and hedge funds own 99.42% of the company’s stock.

Sensata Technologies Trading Up 4.1%

Shares of ST opened at $42.83 on Wednesday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.95 and a current ratio of 2.75. Sensata Technologies Holding N.V. has a one year low of $21.39 and a one year high of $42.90. The stock has a 50-day moving average price of $36.98 and a 200 day moving average price of $34.76. The company has a market capitalization of $6.23 billion, a P/E ratio of 138.16, a P/E/G ratio of 1.19 and a beta of 1.21.

Sensata Technologies (NYSE:ST) last released its earnings results on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 earnings per share for the quarter. The company had revenue of $934.80 million during the quarter. Sensata Technologies had a net margin of 1.28% and a return on equity of 18.23%. Sell-side analysts forecast that Sensata Technologies Holding N.V. will post 3.72 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $0.48 annualized dividend and a dividend yield of 1.1%. Sensata Technologies’s payout ratio is 154.84%.

Insider Transactions at Sensata Technologies

In other Sensata Technologies news, EVP Lynne J. Caljouw sold 2,913 shares of the company’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $34.71, for a total value of $101,110.23. Following the completion of the transaction, the executive vice president owned 72,842 shares in the company, valued at approximately $2,528,345.82. This represents a 3.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders have sold 7,889 shares of company stock worth $280,345. Insiders own 0.89% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on ST shares. Oppenheimer raised their price objective on shares of Sensata Technologies from $50.00 to $55.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. upped their price objective on shares of Sensata Technologies from $32.00 to $34.00 and gave the company an “underweight” rating in a research note on Monday, February 23rd. Weiss Ratings upgraded Sensata Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 2nd. Robert W. Baird increased their target price on Sensata Technologies from $39.00 to $40.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Finally, Barclays boosted their price objective on shares of Sensata Technologies from $48.00 to $49.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Sensata Technologies has a consensus rating of “Hold” and an average target price of $43.10.

Sensata Technologies Company Profile

Sensata Technologies Holdings N.V. is a global industrial technology company specializing in the design, development and manufacture of sensors and electrical protection solutions. The company’s product portfolio includes pressure, temperature, position, speed, current and magnetic sensors, as well as circuit breakers and other protection devices. Sensata’s offerings serve a wide array of end markets, with a particularly strong presence in automotive original equipment manufacturers (OEMs), industrial automation, heating, ventilation and air conditioning (HVAC), commercial aerospace and renewable energy sectors.

Headquartered in Attleboro, Massachusetts, Sensata operates a network of manufacturing and engineering facilities across North America, Europe, Asia Pacific and Latin America.