Capital Management Corp VA grew its holdings in Sensata Technologies Holding N.V. (NYSE:ST – Free Report) by 3.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 584,110 shares of the scientific and technical instruments company’s stock after buying an additional 17,559 shares during the quarter. Sensata Technologies makes up 3.2% of Capital Management Corp VA’s holdings, making the stock its 12th biggest holding. Capital Management Corp VA’s holdings in Sensata Technologies were worth $19,445,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Smartleaf Asset Management LLC raised its position in shares of 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 valued at $27,000 after buying an additional 785 shares during the last quarter. First Horizon Corp purchased a new stake in shares of Sensata Technologies in the third quarter valued at about $29,000. True Wealth Design LLC grew its holdings in shares of Sensata Technologies by 62.6% in the third quarter. True Wealth Design LLC now owns 1,135 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 437 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of Sensata Technologies by 244.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,178 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 836 shares during the period. Finally, SJS Investment Consulting Inc. grew its holdings in shares of Sensata Technologies by 15,787.5% in the third quarter. SJS Investment Consulting Inc. now owns 1,271 shares of the scientific and technical instruments company’s stock valued at $39,000 after purchasing an additional 1,263 shares during the period. 99.42% of the stock is currently owned by institutional investors and hedge funds.
Sensata Technologies Trading Up 1.4%
Shares of ST stock opened at $42.21 on Friday. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.75 and a quick ratio of 1.78. The firm has a market cap of $6.14 billion, a PE ratio of 136.15, a price-to-earnings-growth ratio of 1.22 and a beta of 1.21. The company has a 50-day moving average of $36.89 and a two-hundred day moving average of $34.66. Sensata Technologies Holding N.V. has a 1-year low of $21.39 and a 1-year high of $42.55.
Sensata Technologies Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $0.48 annualized dividend and a dividend yield of 1.1%. Sensata Technologies’s dividend payout ratio (DPR) is presently 154.84%.
Insider Activity at Sensata Technologies
In other news, EVP Lynne J. Caljouw sold 2,913 shares of the firm’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $34.71, for a total value of $101,110.23. Following the completion of the transaction, the executive vice president owned 72,842 shares of the company’s stock, valued at approximately $2,528,345.82. This trade represents a 3.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 7,889 shares of company stock valued at $280,345 over the last ninety days. Company insiders own 0.89% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on ST shares. Robert W. Baird upped their price objective on shares of Sensata Technologies from $39.00 to $40.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Weiss Ratings raised shares of Sensata Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 2nd. UBS Group upped their price objective on shares of Sensata Technologies from $45.00 to $48.00 and gave the company a “buy” rating in a report on Wednesday. The Goldman Sachs Group upped their price objective on shares of Sensata Technologies from $43.00 to $48.00 and gave the company a “buy” rating in a report on Wednesday. Finally, JPMorgan Chase & Co. upped their price objective on shares of Sensata Technologies from $32.00 to $34.00 and gave the company an “underweight” rating in a report on Monday, February 23rd. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Sensata Technologies presently has a consensus rating of “Hold” and a consensus price target of $43.10.
Get Our Latest Stock Analysis on Sensata Technologies
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.
See Also
Want to see what other hedge funds are holding ST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sensata Technologies Holding N.V. (NYSE:ST – Free Report).
Receive News & Ratings for Sensata Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensata Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
