SG Americas Securities LLC decreased its position in Sensata Technologies Holding (NYSE:ST) by 32.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,380 shares of the scientific and technical instruments company’s stock after selling 4,049 shares during the quarter. SG Americas Securities LLC’s holdings in Sensata Technologies were worth $403,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Tredje AP fonden raised its stake in shares of Sensata Technologies by 174.7% in the 2nd quarter. Tredje AP fonden now owns 4,780 shares of the scientific and technical instruments company’s stock valued at $204,000 after purchasing an additional 3,040 shares during the period. Aberdeen Asset Management PLC UK acquired a new stake in shares of Sensata Technologies in the 2nd quarter valued at about $206,000. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Sensata Technologies in the 2nd quarter valued at about $216,000. QCM Cayman Ltd. raised its stake in shares of Sensata Technologies by 1.4% in the 2nd quarter. QCM Cayman Ltd. now owns 5,210 shares of the scientific and technical instruments company’s stock valued at $223,000 after purchasing an additional 74 shares during the period. Finally, BT Investment Management Ltd acquired a new stake in shares of Sensata Technologies in the 3rd quarter valued at about $264,000.

In other Sensata Technologies news, Director Paul B. Edgerley purchased 200,000 shares of Sensata Technologies stock in a transaction that occurred on Thursday, November 16th. The stock was acquired at an average price of $47.47 per share, for a total transaction of $9,494,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Jeffrey J. Cote sold 13,311 shares of Sensata Technologies stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $49.03, for a total value of $652,638.33. The disclosure for this sale can be found here. Insiders sold a total of 80,000 shares of company stock valued at $3,870,245 in the last 90 days. 1.00% of the stock is owned by corporate insiders.

Shares of Sensata Technologies Holding (ST) traded up $0.76 during midday trading on Thursday, hitting $52.42. The stock had a trading volume of 2,121,200 shares, compared to its average volume of 1,310,375. The company has a market cap of $8,849.17, a PE ratio of 16.72, a price-to-earnings-growth ratio of 1.62 and a beta of 1.46. The company has a debt-to-equity ratio of 1.49, a current ratio of 2.76 and a quick ratio of 2.04. Sensata Technologies Holding has a 12 month low of $38.71 and a 12 month high of $52.64.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings data on Tuesday, October 24th. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.01. The company had revenue of $819.10 million during the quarter, compared to analysts’ expectations of $803.14 million. Sensata Technologies had a return on equity of 25.75% and a net margin of 9.39%. Sensata Technologies’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.74 EPS. sell-side analysts anticipate that Sensata Technologies Holding will post 3.17 earnings per share for the current fiscal year.

Several analysts have issued reports on the company. Bank of America reissued a “buy” rating and issued a $60.00 price target (up previously from $55.00) on shares of Sensata Technologies in a research note on Thursday. J P Morgan Chase & Co set a $60.00 price target on Sensata Technologies and gave the company a “buy” rating in a research note on Wednesday. Morgan Stanley lifted their price target on Sensata Technologies from $48.00 to $50.00 and gave the company an “equal weight” rating in a research note on Wednesday. Oppenheimer reissued a “buy” rating and issued a $62.00 price target (up previously from $57.00) on shares of Sensata Technologies in a research note on Wednesday. Finally, BMO Capital Markets lifted their price target on Sensata Technologies from $45.00 to $47.00 and gave the company a “market perform” rating in a research note on Wednesday. Seven research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Sensata Technologies presently has a consensus rating of “Buy” and an average target price of $54.42.

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Sensata Technologies 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 (NYSE:ST)

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