Vanguard Group Inc. Lowers Position in Sensata Technologies Holding N.V. $ST

Vanguard Group Inc. decreased its stake in shares of Sensata Technologies Holding N.V. (NYSE:ST) by 0.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund 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 about 10.28% of Sensata Technologies worth $498,768,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Woodline Partners LP boosted its position in shares of Sensata Technologies by 165.4% during the 3rd quarter. Woodline Partners LP now owns 4,975,745 shares of the scientific and technical instruments company’s stock valued at $152,009,000 after acquiring an additional 3,100,927 shares during the last quarter. Pzena Investment Management LLC purchased a new stake in Sensata Technologies during the third quarter valued at $22,317,000. First Trust Advisors LP purchased a new stake in Sensata Technologies during the second quarter valued at $21,786,000. Balyasny Asset Management L.P. lifted its position in Sensata Technologies by 215.9% during the second quarter. Balyasny Asset Management L.P. now owns 821,001 shares of the scientific and technical instruments company’s stock valued at $24,720,000 after purchasing an additional 561,083 shares during the last quarter. Finally, Sei Investments Co. grew its stake in shares of Sensata Technologies by 61.5% in the 2nd quarter. Sei Investments Co. now owns 1,241,264 shares of the scientific and technical instruments company’s stock worth $37,372,000 after buying an additional 472,617 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Lynne J. Caljouw sold 2,913 shares of the stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $34.71, for a total transaction of $101,110.23. Following the completion of the transaction, the executive vice president directly 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 SEC, which can be accessed through this hyperlink. In the last 90 days, insiders sold 7,889 shares of company stock valued at $280,345. Company insiders own 0.89% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on ST. Wall Street Zen downgraded Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday. JPMorgan Chase & Co. lifted their price objective on shares of Sensata Technologies from $32.00 to $34.00 and gave the stock an “underweight” rating in a research note on Monday, February 23rd. Barclays raised their target price on shares of Sensata Technologies from $48.00 to $49.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Weiss Ratings raised shares of Sensata Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, March 2nd. Finally, UBS Group raised their price target on Sensata Technologies from $45.00 to $48.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Four 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 company’s stock. Based on data from MarketBeat, Sensata Technologies currently has an average rating of “Hold” and a consensus price target of $43.10.

Sensata Technologies Price Performance

Shares of NYSE:ST opened at $42.83 on Wednesday. The company has a current ratio of 2.75, a quick ratio of 1.95 and a debt-to-equity ratio of 1.00. The company’s 50 day moving average is $36.98 and its 200 day moving average is $34.76. Sensata Technologies Holding N.V. has a twelve month low of $21.39 and a twelve month high of $42.90. The company has a market cap of $6.23 billion, a PE ratio of 138.16, a price-to-earnings-growth ratio of 1.19 and a beta of 1.21.

Sensata Technologies (NYSE:ST) last announced its quarterly 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 return on equity of 18.23% and a net margin of 1.28%. On average, sell-side analysts forecast that Sensata Technologies Holding N.V. will post 3.72 EPS for the current year.

Sensata Technologies Dividend Announcement

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

About Sensata Technologies

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.