Dimensional Fund Advisors LP lifted its stake in Sensata Technologies Holding N.V. (NYSE:ST – Free Report) by 1.7% during the first quarter, HoldingsChannel reports. The fund owned 7,391,230 shares of the scientific and technical instruments company’s stock after purchasing an additional 125,127 shares during the quarter. Dimensional Fund Advisors LP owned about 0.05% of Sensata Technologies worth $260,302,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Strategic Global Advisors LLC raised its stake in shares of Sensata Technologies by 92.3% during the 4th quarter. Strategic Global Advisors LLC now owns 298,367 shares of the scientific and technical instruments company’s stock worth $9,933,000 after purchasing an additional 143,227 shares in the last quarter. Medina Value Partners LLC bought a new stake in shares of Sensata Technologies in the 4th quarter valued at approximately $3,753,000. Hudson Edge Investment Partners Inc. bought a new stake in shares of Sensata Technologies in the 1st quarter valued at approximately $951,000. Handelsbanken Fonder AB grew its stake in shares of Sensata Technologies by 113.5% in the 4th quarter. Handelsbanken Fonder AB now owns 487,232 shares of the scientific and technical instruments company’s stock valued at $16,220,000 after buying an additional 258,997 shares in the last quarter. Finally, Convergence Investment Partners LLC increased its holdings in Sensata Technologies by 247.0% in the fourth quarter. Convergence Investment Partners LLC now owns 40,440 shares of the scientific and technical instruments company’s stock worth $1,346,000 after buying an additional 28,786 shares during the last quarter. 99.42% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at Sensata Technologies
In other Sensata Technologies news, EVP David K. Stott sold 6,335 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $47.40, for a total transaction of $300,279.00. Following the completion of the sale, the executive vice president directly owned 39,687 shares in the company, valued at $1,881,163.80. This represents a 13.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.65% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Sensata Technologies Price Performance
Shares of Sensata Technologies stock opened at $46.06 on Thursday. The firm has a fifty day simple moving average of $48.10 and a 200-day simple moving average of $40.90. The company has a current ratio of 2.75, a quick ratio of 1.95 and a debt-to-equity ratio of 1.00. Sensata Technologies Holding N.V. has a 1-year low of $28.16 and a 1-year high of $53.89. The stock has a market capitalization of $6.70 billion, a price-to-earnings ratio of 148.58, a PEG ratio of 1.34 and a beta of 1.27.
Sensata Technologies (NYSE:ST – Get Free Report) last posted its earnings results on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter. The business had revenue of $934.80 million for the quarter. Sensata Technologies had a net margin of 1.28% and a return on equity of 18.23%. On average, sell-side analysts expect that Sensata Technologies Holding N.V. will post 3.73 earnings per share for the current year.
Sensata Technologies 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.
Featured Stories
- Five stocks we like better than Sensata Technologies
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
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.
