Sensata Technologies Holding NV (NYSE:ST) dropped 3.8% during mid-day trading on Thursday . The stock traded as low as $37.98 and last traded at $38.05, with a volume of 1,448,194 shares traded. The stock had previously closed at $39.56.

ST has been the subject of several recent research reports. Bank of America Corp. reissued a “buy” rating and issued a $50.00 price objective on shares of Sensata Technologies Holding NV in a research report on Monday, July 18th. Zacks Investment Research lowered shares of Sensata Technologies Holding NV from a “hold” rating to a “sell” rating in a research report on Friday, July 22nd. Citigroup Inc. increased their price objective on shares of Sensata Technologies Holding NV from $38.00 to $45.00 and gave the stock a “neutral” rating in a research report on Wednesday. Royal Bank Of Canada dropped their price objective on shares of Sensata Technologies Holding NV from $40.00 to $38.00 and set a “sector perform” rating for the company in a research report on Friday, July 1st. Finally, BMO Capital Markets reissued a “hold” rating and issued a $38.00 price objective on shares of Sensata Technologies Holding NV in a research report on Wednesday. Eight investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Sensata Technologies Holding NV presently has an average rating of “Hold” and a consensus target price of $45.73.

The company’s 50-day moving average price is $36.16 and its 200-day moving average price is $36.22. The company has a market cap of $6.49 billion and a PE ratio of 16.33.

Sensata Technologies Holding NV (NYSE:ST) last issued its quarterly earnings data on Tuesday, July 26th. The company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.01. The business had revenue of $827.50 million for the quarter, compared to the consensus estimate of $823.41 million. During the same period in the previous year, the business posted $0.73 EPS. Sensata Technologies Holding NV’s revenue was up 7.4% compared to the same quarter last year. Analysts predict that Sensata Technologies Holding NV will post $2.88 earnings per share for the current fiscal year.

A number of institutional investors have modified their holdings of the stock. BlackRock Advisors LLC raised its position in shares of Sensata Technologies Holding NV by 14.0% in the fourth quarter. BlackRock Advisors LLC now owns 873,893 shares of the company’s stock valued at $40,252,000 after buying an additional 107,641 shares during the last quarter. Airain ltd acquired a new position in shares of Sensata Technologies Holding NV during the fourth quarter valued at $2,843,000. Dimensional Fund Advisors LP raised its position in shares of Sensata Technologies Holding NV by 18.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 345,729 shares of the company’s stock valued at $15,924,000 after buying an additional 52,748 shares during the last quarter. Trexquant Investment LP acquired a new position in shares of Sensata Technologies Holding NV during the fourth quarter valued at $1,335,000. Finally, US Bancorp DE raised its position in shares of Sensata Technologies Holding NV by 6.1% in the fourth quarter. US Bancorp DE now owns 22,960 shares of the company’s stock valued at $1,057,000 after buying an additional 1,317 shares during the last quarter.

Sensata Technologies Holding N.V. is a global 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. The Company produces a range of sensors and controls for applications, such as thermal circuit breakers in aircraft, pressure sensors in automotive systems, and bimetal current and temperature control devices in electric motors.

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