BTC Capital Management Inc. reduced its stake in Sensata Technologies Holding N.V. (NYSE:ST) by 0.2% during the second quarter, Holdings Channel reports. The fund owned 12,119 shares of the scientific and technical instruments company’s stock after selling 26 shares during the period. BTC Capital Management Inc.’s holdings in Sensata Technologies Holding N.V. were worth $516,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. raised its position in shares of Sensata Technologies Holding N.V. by 3,675.0% in the first quarter. BlackRock Inc. now owns 4,923,922 shares of the scientific and technical instruments company’s stock valued at $215,028,000 after buying an additional 4,793,488 shares during the last quarter. FMR LLC raised its position in shares of Sensata Technologies Holding N.V. by 330.2% in the first quarter. FMR LLC now owns 5,105,665 shares of the scientific and technical instruments company’s stock valued at $222,964,000 after buying an additional 3,918,865 shares during the last quarter. Janus Capital Management LLC raised its position in shares of Sensata Technologies Holding N.V. by 11.5% in the first quarter. Janus Capital Management LLC now owns 14,946,932 shares of the scientific and technical instruments company’s stock valued at $652,725,000 after buying an additional 1,540,719 shares during the last quarter. Neuberger Berman Group LLC raised its position in shares of Sensata Technologies Holding N.V. by 427.1% in the first quarter. Neuberger Berman Group LLC now owns 1,503,725 shares of the scientific and technical instruments company’s stock valued at $65,668,000 after buying an additional 1,218,436 shares during the last quarter. Finally, Clearbridge Investments LLC raised its position in shares of Sensata Technologies Holding N.V. by 179.3% in the first quarter. Clearbridge Investments LLC now owns 1,119,224 shares of the scientific and technical instruments company’s stock valued at $48,877,000 after buying an additional 718,533 shares during the last quarter.

Shares of Sensata Technologies Holding N.V. (NYSE:ST) opened at 44.03 on Friday. The company’s 50-day moving average is $44.26 and its 200 day moving average is $42.22. The stock has a market capitalization of $7.54 billion, a P/E ratio of 26.37 and a beta of 1.45. Sensata Technologies Holding N.V. has a 12 month low of $35.10 and a 12 month high of $47.24.

Sensata Technologies Holding N.V. (NYSE:ST) last released its quarterly earnings data on Tuesday, July 25th. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.03. The firm had revenue of $839.90 million during the quarter, compared to the consensus estimate of $835.09 million. Sensata Technologies Holding N.V. had a return on equity of 26.18% and a net margin of 8.91%. The firm’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.73 earnings per share. Equities research analysts predict that Sensata Technologies Holding N.V. will post $3.17 earnings per share for the current year.

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ST has been the subject of several research reports. Barclays PLC reiterated an “overweight” rating and issued a $52.00 price target on shares of Sensata Technologies Holding N.V. in a research note on Friday, July 7th. Zacks Investment Research upgraded shares of Sensata Technologies Holding N.V. from a “hold” rating to a “buy” rating and set a $46.00 price target for the company in a research note on Tuesday, April 25th. Stifel Nicolaus reiterated a “buy” rating and issued a $48.00 price target on shares of Sensata Technologies Holding N.V. in a research note on Friday, July 14th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $50.00 price target (up from $46.00) on shares of Sensata Technologies Holding N.V. in a research note on Wednesday, July 26th. Finally, Citigroup Inc. increased their price target on shares of Sensata Technologies Holding N.V. from $48.00 to $49.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 26th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Sensata Technologies Holding N.V. currently has a consensus rating of “Buy” and an average target price of $49.25.

In other Sensata Technologies Holding N.V. news, Director Thomas Wroe, Jr. sold 3,685 shares of the business’s stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $40.68, for a total value of $149,905.80. Following the completion of the transaction, the director now directly owns 12,620 shares in the company, valued at $513,381.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas Wroe, Jr. sold 45,000 shares of the business’s stock in a transaction dated Tuesday, July 25th. The stock was sold at an average price of $46.47, for a total transaction of $2,091,150.00. The disclosure for this sale can be found here. Insiders sold 137,790 shares of company stock valued at $6,197,882 over the last 90 days. 1.00% of the stock is currently owned by corporate insiders.

Sensata Technologies Holding N.V. Company 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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Institutional Ownership by Quarter for Sensata Technologies Holding N.V. (NYSE:ST)

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