First Republic Investment Management Inc. grew its holdings in shares of Sensata Technologies Holding (NYSE:ST) by 19.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 77,750 shares of the scientific and technical instruments company’s stock after purchasing an additional 12,757 shares during the quarter. First Republic Investment Management Inc.’s holdings in Sensata Technologies were worth $3,974,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of ST. BlackRock Inc. boosted its holdings in shares of Sensata Technologies by 4.5% during the 4th quarter. BlackRock Inc. now owns 8,689,563 shares of the scientific and technical instruments company’s stock worth $444,122,000 after buying an additional 377,814 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of Sensata Technologies during the 4th quarter worth approximately $17,781,000. British Airways Pensions Investment Management Ltd bought a new position in shares of Sensata Technologies during the 3rd quarter worth approximately $15,458,000. California State Teachers Retirement System bought a new position in shares of Sensata Technologies during the 3rd quarter worth approximately $13,916,000. Finally, UBS Asset Management Americas Inc. boosted its holdings in shares of Sensata Technologies by 23.5% during the 4th quarter. UBS Asset Management Americas Inc. now owns 1,457,478 shares of the scientific and technical instruments company’s stock worth $74,492,000 after buying an additional 277,528 shares in the last quarter.
ST has been the topic of a number of research analyst reports. Cowen restated a “hold” rating on shares of Sensata Technologies in a report on Thursday, December 14th. Zacks Investment Research upgraded Sensata Technologies from a “hold” rating to a “buy” rating and set a $57.00 price target on the stock in a report on Wednesday, December 27th. Stifel Nicolaus restated a “buy” rating and set a $63.00 price target on shares of Sensata Technologies in a report on Thursday, February 1st. Royal Bank of Canada reaffirmed a “buy” rating and set a $55.00 target price on shares of Sensata Technologies in a research report on Wednesday, December 13th. Finally, SunTrust Banks lowered Sensata Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Seven analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $57.00.
Sensata Technologies Holding (ST) opened at $54.36 on Tuesday. The company has a current ratio of 2.94, a quick ratio of 2.23 and a debt-to-equity ratio of 1.39. Sensata Technologies Holding has a 12-month low of $38.71 and a 12-month high of $57.40. The firm has a market capitalization of $9,264.80, a P/E ratio of 16.89, a PEG ratio of 1.48 and a beta of 1.52.
Sensata Technologies (NYSE:ST) last issued its earnings results on Thursday, February 1st. The scientific and technical instruments company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.02. The company had revenue of $840.53 million for the quarter, compared to analyst estimates of $822.31 million. Sensata Technologies had a return on equity of 25.40% and a net margin of 12.35%. Sensata Technologies’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.76 earnings per share. research analysts predict that Sensata Technologies Holding will post 3.65 EPS for the current fiscal year.
Sensata Technologies Profile
Sensata Technologies Holding N.V. is an industrial technology company. The Company is engaged in the development, manufacture, and sale of sensors and controls. The Company operates through two segments: Performance Sensing and Sensing Solutions. It produces a range of sensors and controls for applications, such as pressure sensors in automotive systems, thermal circuit breakers in aircraft, and bimetal current and temperature control devices.
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