Mutual of America Capital Management LLC Sells 2,030 Shares of Sensata Technologies Holding N.V. (NYSE:ST)

Mutual of America Capital Management LLC decreased its position in Sensata Technologies Holding N.V. (NYSE:ST) by 2.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 76,978 shares of the scientific and technical instruments company’s stock after selling 2,030 shares during the period. Mutual of America Capital Management LLC owned approximately 0.05% of Sensata Technologies worth $1,868,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brown Brothers Harriman & Co. bought a new stake in Sensata Technologies in the 4th quarter valued at $27,000. Parallel Advisors LLC lifted its position in Sensata Technologies by 278.8% during the 1st quarter. Parallel Advisors LLC now owns 1,519 shares of the scientific and technical instruments company’s stock worth $37,000 after buying an additional 1,118 shares in the last quarter. UMB Bank n.a. lifted its position in Sensata Technologies by 110.0% during the 1st quarter. UMB Bank n.a. now owns 1,873 shares of the scientific and technical instruments company’s stock worth $45,000 after buying an additional 981 shares in the last quarter. First Horizon Advisors Inc. lifted its position in Sensata Technologies by 83.6% during the 1st quarter. First Horizon Advisors Inc. now owns 2,554 shares of the scientific and technical instruments company’s stock worth $62,000 after buying an additional 1,163 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in Sensata Technologies by 578.0% during the 1st quarter. GAMMA Investing LLC now owns 2,922 shares of the scientific and technical instruments company’s stock worth $71,000 after buying an additional 2,491 shares in the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

Insider Buying and Selling

In related news, Director Andrew C. Teich purchased 9,925 shares of the company’s stock in a transaction dated Friday, May 23rd. The shares were purchased at an average price of $25.19 per share, with a total value of $250,010.75. Following the acquisition, the director directly owned 41,117 shares in the company, valued at $1,035,737.23. The trade was a 31.82% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.89% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ST. Bank of America upped their target price on shares of Sensata Technologies from $27.00 to $32.00 and gave the company a “neutral” rating in a report on Wednesday. Evercore ISI lowered shares of Sensata Technologies from an “outperform” rating to an “inline” rating and reduced their price target for the stock from $40.00 to $27.00 in a research report on Thursday, April 3rd. Robert W. Baird dropped their price objective on shares of Sensata Technologies from $24.00 to $23.00 and set a “neutral” rating for the company in a research note on Tuesday, April 15th. Wells Fargo & Company lifted their target price on shares of Sensata Technologies from $26.00 to $30.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 1st. Finally, The Goldman Sachs Group lifted their price objective on shares of Sensata Technologies from $27.00 to $30.00 and gave the company a “buy” rating in a report on Friday, May 9th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Sensata Technologies has an average rating of “Hold” and an average target price of $35.50.

Sensata Technologies Price Performance

Shares of NYSE:ST opened at $31.56 on Friday. The company has a 50 day moving average of $28.71 and a 200 day moving average of $26.57. The stock has a market cap of $4.62 billion, a P/E ratio of 38.96, a P/E/G ratio of 1.33 and a beta of 1.13. Sensata Technologies Holding N.V. has a 12 month low of $17.32 and a 12 month high of $39.64. The company has a current ratio of 2.64, a quick ratio of 1.81 and a debt-to-equity ratio of 1.12.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings data on Thursday, May 8th. The scientific and technical instruments company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.06. Sensata Technologies had a net margin of 3.19% and a return on equity of 17.12%. The company had revenue of $911.26 million during the quarter, compared to analysts’ expectations of $878.39 million. During the same quarter in the prior year, the company earned $0.89 EPS. The firm’s revenue was down 9.5% on a year-over-year basis. As a group, sell-side analysts forecast that Sensata Technologies Holding N.V. will post 3.21 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 27th. Investors of record on Wednesday, August 13th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.52%. The ex-dividend date of this dividend is Wednesday, August 13th. Sensata Technologies’s dividend payout ratio (DPR) is 59.26%.

Sensata Technologies Profile

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.