Sensata Technologies Holding N.V. (ST) Stake Held by OppenheimerFunds Inc.

OppenheimerFunds Inc. continued to hold its stake in shares of Sensata Technologies Holding N.V. (NYSE:ST) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 600,000 shares of the scientific and technical instruments company’s stock at the end of the first quarter. OppenheimerFunds Inc. owned about 0.35% of Sensata Technologies Holding N.V. worth $26,202,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Commerzbank Aktiengesellschaft FI increased its position in shares of Sensata Technologies Holding N.V. by 32.7% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 6,939 shares of the scientific and technical instruments company’s stock worth $270,000 after buying an additional 1,711 shares during the last quarter. Cipher Capital LP increased its position in shares of Sensata Technologies Holding N.V. by 184.4% in the fourth quarter. Cipher Capital LP now owns 40,487 shares of the scientific and technical instruments company’s stock worth $1,577,000 after buying an additional 26,251 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Sensata Technologies Holding N.V. by 8.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 819,383 shares of the scientific and technical instruments company’s stock valued at $31,916,000 after buying an additional 63,653 shares in the last quarter. Tredje AP fonden increased its position in Sensata Technologies Holding N.V. by 50.1% in the fourth quarter. Tredje AP fonden now owns 3,753 shares of the scientific and technical instruments company’s stock valued at $146,000 after buying an additional 1,253 shares in the last quarter. Finally, Teza Capital Management LLC bought a new position in Sensata Technologies Holding N.V. during the fourth quarter valued at about $211,000.

Institutional Ownership by Quarter for Sensata Technologies Holding N.V. (NYSE:ST)

Sensata Technologies Holding N.V. (ST) traded down 1.15% during midday trading on Tuesday, hitting $42.21. 193,467 shares of the stock traded hands. Sensata Technologies Holding N.V. has a 1-year low of $32.07 and a 1-year high of $45.30. The company has a 50-day moving average of $40.89 and a 200-day moving average of $41.20. The stock has a market cap of $7.22 billion, a PE ratio of 26.38 and a beta of 1.34.

Sensata Technologies Holding N.V. (NYSE:ST) last announced its quarterly earnings results on Tuesday, April 25th. The scientific and technical instruments company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.03. The business had revenue of $807.27 million for the quarter, compared to the consensus estimate of $796.16 million. Sensata Technologies Holding N.V. had a net margin of 8.51% and a return on equity of 26.46%. Sensata Technologies Holding N.V.’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same period last year, the company posted $0.66 EPS. On average, equities analysts expect that Sensata Technologies Holding N.V. will post $3.14 EPS for the current fiscal year.

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Several equities research analysts have recently weighed in on ST shares. Barclays PLC reiterated a “buy” rating and set a $52.00 target price on shares of Sensata Technologies Holding N.V. in a research note on Thursday, April 27th. Zacks Investment Research cut shares of Sensata Technologies Holding N.V. from a “buy” rating to a “hold” rating in a report on Thursday, April 27th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $48.00 target price on shares of Sensata Technologies Holding N.V. in a report on Wednesday, April 26th. Finally, Cowen and Company assumed coverage on shares of Sensata Technologies Holding N.V. in a report on Tuesday, March 21st. They issued a “market perform” rating and a $45.00 target price for the company. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $46.44.

In other news, Director Thomas Wroe, Jr. sold 3,685 shares of Sensata Technologies Holding N.V. stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $40.68, for a total value of $149,905.80. Following the sale, the director now directly owns 12,620 shares in the company, valued at $513,381.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.00% of the stock is owned by company insiders.

Sensata Technologies Holding N.V. Company 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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