The Manufacturers Life Insurance Company Sells 342,730 Shares of Sensata Technologies Holding N.V. (ST)

The Manufacturers Life Insurance Company cut its stake in shares of Sensata Technologies Holding N.V. (NYSE:ST) by 30.0% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 799,277 shares of the scientific and technical instruments company’s stock after selling 342,730 shares during the period. The Manufacturers Life Insurance Company owned approximately 0.47% of Sensata Technologies Holding N.V. worth $34,145,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in ST. QCM Cayman Ltd. increased its holdings in Sensata Technologies Holding N.V. by 1.4% during the 2nd quarter. QCM Cayman Ltd. now owns 5,210 shares of the scientific and technical instruments company’s stock worth $223,000 after purchasing an additional 74 shares during the last quarter. Huntington National Bank increased its holdings in Sensata Technologies Holding N.V. by 6.0% during the 2nd quarter. Huntington National Bank now owns 2,885 shares of the scientific and technical instruments company’s stock worth $123,000 after purchasing an additional 164 shares during the last quarter. Financial Counselors Inc. increased its holdings in Sensata Technologies Holding N.V. by 11.4% during the 2nd quarter. Financial Counselors Inc. now owns 9,113 shares of the scientific and technical instruments company’s stock worth $389,000 after purchasing an additional 931 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Sensata Technologies Holding N.V. by 6.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 16,940 shares of the scientific and technical instruments company’s stock worth $740,000 after purchasing an additional 976 shares during the last quarter. Finally, SG Americas Securities LLC increased its holdings in Sensata Technologies Holding N.V. by 23.8% during the 1st quarter. SG Americas Securities LLC now owns 6,298 shares of the scientific and technical instruments company’s stock worth $275,000 after purchasing an additional 1,209 shares during the last quarter.

Several equities research analysts have issued reports on the company. Citigroup Inc. lifted their price objective on Sensata Technologies Holding N.V. from $48.00 to $49.00 and gave the stock a “neutral” rating in a report on Wednesday, July 26th. Zacks Investment Research downgraded Sensata Technologies Holding N.V. from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. Stifel Nicolaus restated a “buy” rating and set a $48.00 price objective on shares of Sensata Technologies Holding N.V. in a report on Friday, July 14th. Cowen and Company restated a “hold” rating and set a $45.00 price objective on shares of Sensata Technologies Holding N.V. in a report on Sunday, September 17th. Finally, Barclays PLC restated an “overweight” rating and set a $52.00 price objective on shares of Sensata Technologies Holding N.V. in a report on Friday, July 7th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $49.78.

In other Sensata Technologies Holding N.V. news, Director Thomas Wroe, Jr. sold 45,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $46.47, for a total value of $2,091,150.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.00% of the stock is currently owned by company insiders.

Shares of Sensata Technologies Holding N.V. (NYSE ST) traded up 0.39% during midday trading on Friday, hitting $48.94. The stock had a trading volume of 27,406 shares. The firm has a 50-day moving average of $47.66 and a 200 day moving average of $47.66. Sensata Technologies Holding N.V. has a 12-month low of $35.10 and a 12-month high of $48.99. The firm has a market cap of $8.38 billion, a PE ratio of 29.31 and a beta of 1.47.

Sensata Technologies Holding N.V. (NYSE:ST) last announced its quarterly earnings data on Tuesday, July 25th. The scientific and technical instruments company reported $0.81 EPS for the quarter, topping the Zacks’ consensus estimate of $0.78 by $0.03. Sensata Technologies Holding N.V. had a return on equity of 26.18% and a net margin of 8.91%. The company had revenue of $839.90 million during the quarter, compared to the consensus estimate of $835.09 million. During the same quarter last year, the company earned $0.73 EPS. The company’s quarterly revenue was up 1.5% on a year-over-year basis. On average, analysts expect that Sensata Technologies Holding N.V. will post $3.17 earnings per share for the current year.

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About Sensata Technologies Holding N.V.

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 Holding N.V. (NYSE:ST)

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