Rhumbline Advisers decreased its position in Sensata Technologies Ltd (NYSE:ST) by 0.8% during the first quarter, HoldingsChannel.com reports. The firm owned 160,171 shares of the scientific and technical instruments company’s stock after selling 1,299 shares during the quarter. Rhumbline Advisers’ holdings in Sensata Technologies were worth $8,302,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Advisor Group Inc. increased its position in Sensata Technologies by 73.5% during the fourth quarter. Advisor Group Inc. now owns 2,731 shares of the scientific and technical instruments company’s stock worth $140,000 after acquiring an additional 1,157 shares during the period. American International Group Inc. bought a new position in Sensata Technologies during the fourth quarter worth $193,000. BB&T Corp bought a new position in Sensata Technologies during the fourth quarter worth $215,000. Greenwood Capital Associates LLC bought a new position in Sensata Technologies during the fourth quarter worth $285,000. Finally, Toronto Dominion Bank increased its position in Sensata Technologies by 39.6% during the fourth quarter. Toronto Dominion Bank now owns 10,092 shares of the scientific and technical instruments company’s stock worth $516,000 after acquiring an additional 2,865 shares during the period.

In other Sensata Technologies news, EVP Jeffrey J. Cote sold 5,000 shares of the business’s stock in a transaction on Thursday, April 5th. The shares were sold at an average price of $52.48, for a total value of $262,400.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.00% of the company’s stock.

Shares of Sensata Technologies opened at $52.98 on Friday, Marketbeat reports. The firm has a market capitalization of $8.88 billion, a price-to-earnings ratio of 16.71, a price-to-earnings-growth ratio of 1.32 and a beta of 1.52. The company has a debt-to-equity ratio of 1.33, a quick ratio of 2.34 and a current ratio of 3.03. Sensata Technologies Ltd has a 52-week low of $51.81 and a 52-week high of $52.34.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings results on Tuesday, April 24th. The scientific and technical instruments company reported $0.85 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.84 by $0.01. The firm had revenue of $886.29 million for the quarter, compared to analyst estimates of $863.40 million. Sensata Technologies had a net margin of 12.61% and a return on equity of 25.32%. The business’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.71 EPS. analysts expect that Sensata Technologies Ltd will post 3.67 EPS for the current fiscal year.

A number of brokerages recently issued reports on ST. Zacks Investment Research raised shares of Sensata Technologies from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a research report on Thursday. Barclays boosted their target price on shares of Sensata Technologies from $58.00 to $61.00 and gave the stock an “overweight” rating in a research report on Friday, February 2nd. BMO Capital Markets reaffirmed a “hold” rating and set a $51.00 target price on shares of Sensata Technologies in a research report on Tuesday, January 30th. Stifel Nicolaus reaffirmed a “buy” rating and set a $63.00 target price on shares of Sensata Technologies in a research report on Thursday, February 1st. Finally, Morgan Stanley boosted their target price on shares of Sensata Technologies from $53.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Friday, February 2nd. Six analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $56.58.

Sensata Technologies Company Profile

Sensata Technologies Holding PLC would be operating as a holding company for Sensata Technologies Holding N.V. that develops, manufactures, and sells sensors and controls in the Americas, Asia, and Europe. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment supplies pressure sensors, speed and position sensors, temperature sensors, and pressure switches.

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Institutional Ownership by Quarter for Sensata Technologies (NYSE:ST)

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