Sensata Technologies Holding N.V. (NYSE:ST) Short Interest Update

Sensata Technologies Holding N.V. (NYSE:ST) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 7,313,264 shares, an increase of 12.8% from the March 31st total of 6,484,576 shares. Based on an average daily volume of 1,470,770 shares, the days-to-cover ratio is presently 5.0 days. Currently, 5.1% of the company’s shares are sold short.

Sensata Technologies Stock Up 1.4%

NYSE:ST traded up $0.57 during mid-day trading on Friday, reaching $42.21. The stock had a trading volume of 2,028,906 shares, compared to its average volume of 1,986,915. The company has a market capitalization of $6.14 billion, a price-to-earnings ratio of 136.15, a price-to-earnings-growth ratio of 1.20 and a beta of 1.21. Sensata Technologies has a 1-year low of $21.39 and a 1-year high of $42.55. The stock’s 50 day simple moving average is $36.89 and its two-hundred day simple moving average is $34.63. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.75 and a quick ratio of 1.78.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings results on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 EPS for the quarter. The business 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%. Equities analysts anticipate that Sensata Technologies will post 3.72 EPS for the current year.

Sensata Technologies Dividend Announcement

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

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ST. The Goldman Sachs Group increased their target price on Sensata Technologies from $43.00 to $48.00 and gave the stock a “buy” rating in a research report on Wednesday. Wells Fargo & Company increased their target price on Sensata Technologies from $37.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Wednesday. 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. Weiss Ratings raised Sensata Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, March 2nd. Finally, UBS Group increased their target price on Sensata Technologies from $45.00 to $48.00 and gave the stock a “buy” rating in a research report on Wednesday. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Sensata Technologies currently has an average rating of “Hold” and an average target price of $43.10.

Insider Buying and Selling at Sensata Technologies

In other Sensata Technologies 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 transaction, the executive vice president owned 72,842 shares of the company’s stock, valued at $2,528,345.82. This represents a 3.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Over the last 90 days, insiders sold 7,889 shares of company stock worth $280,345. Corporate insiders own 0.89% of the company’s stock.

Hedge Funds Weigh In On Sensata Technologies

Large investors have recently bought and sold shares of the business. Smartleaf Asset Management LLC lifted its holdings in Sensata Technologies by 659.7% in the third quarter. Smartleaf Asset Management LLC now owns 904 shares of the scientific and technical instruments company’s stock worth $27,000 after acquiring an additional 785 shares during the last quarter. CIBC Private Wealth Group LLC lifted its holdings in Sensata Technologies by 700.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 832 shares of the scientific and technical instruments company’s stock worth $28,000 after acquiring an additional 728 shares during the last quarter. First Horizon Corp bought a new position in Sensata Technologies in the third quarter worth about $29,000. Root Financial Partners LLC lifted its holdings in Sensata Technologies by 62.5% in the first quarter. Root Financial Partners LLC now owns 913 shares of the scientific and technical instruments company’s stock worth $32,000 after acquiring an additional 351 shares during the last quarter. Finally, EFG International AG bought a new position in Sensata Technologies in the fourth quarter worth about $33,000. Institutional investors own 99.42% of the company’s stock.

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.