Park Avenue Securities LLC lifted its position in shares of Sensata Technologies Holding N.V. (NYSE:ST – Free Report) by 5.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,315 shares of the scientific and technical instruments company’s stock after acquiring an additional 690 shares during the quarter. Park Avenue Securities LLC’s holdings in Sensata Technologies were worth $431,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Wedge Capital Management L L P NC raised its position in shares of Sensata Technologies by 10.6% during the second quarter. Wedge Capital Management L L P NC now owns 119,554 shares of the scientific and technical instruments company’s stock worth $3,600,000 after acquiring an additional 11,437 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Sensata Technologies by 32.2% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 49,434 shares of the scientific and technical instruments company’s stock worth $1,593,000 after acquiring an additional 12,039 shares during the last quarter. Financiere des Professionnels Fonds d investissement inc. bought a new stake in shares of Sensata Technologies during the second quarter worth $371,000. Voya Investment Management LLC raised its position in shares of Sensata Technologies by 2.9% during the first quarter. Voya Investment Management LLC now owns 18,675 shares of the scientific and technical instruments company’s stock worth $453,000 after acquiring an additional 527 shares during the last quarter. Finally, Bayforest Capital Ltd bought a new stake in shares of Sensata Technologies during the first quarter worth $388,000. Institutional investors own 99.42% of the company’s stock.
Sensata Technologies Stock Up 0.6%
Shares of Sensata Technologies stock opened at $30.39 on Tuesday. Sensata Technologies Holding N.V. has a 1 year low of $17.32 and a 1 year high of $36.64. The business has a 50-day moving average of $31.61 and a two-hundred day moving average of $27.88. The company has a market capitalization of $4.43 billion, a P/E ratio of 40.51, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.71 and a quick ratio of 1.94.
Sensata Technologies Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 27th. Stockholders of record on Wednesday, August 13th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Wednesday, August 13th. Sensata Technologies’s dividend payout ratio is currently 64.00%.
Analysts Set New Price Targets
A number of research firms recently commented on ST. Evercore ISI upped their price objective on Sensata Technologies from $27.00 to $30.00 and gave the company an “in-line” rating in a report on Wednesday, July 30th. Wall Street Zen upgraded Sensata Technologies from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Wells Fargo & Company upped their price objective on Sensata Technologies from $30.00 to $33.00 and gave the company an “equal weight” rating in a report on Wednesday, July 30th. UBS Group upped their price objective on Sensata Technologies from $41.00 to $43.00 and gave the company a “buy” rating in a report on Wednesday, July 30th. Finally, JPMorgan Chase & Co. upped their price objective on Sensata Technologies from $23.00 to $32.00 and gave the company an “underweight” rating in a report on Thursday, July 17th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Sensata Technologies presently has an average rating of “Hold” and a consensus price target of $35.91.
View Our Latest Analysis on ST
Insider Buying and Selling at Sensata Technologies
In other news, EVP Lynne J. Caljouw sold 2,576 shares of the company’s stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $31.98, for a total transaction of $82,380.48. Following the completion of the transaction, the executive vice president directly owned 77,185 shares of the company’s stock, valued at $2,468,376.30. This represents a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.89% of the stock is owned by corporate insiders.
Sensata Technologies Company 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.
See Also
- Five stocks we like better than Sensata Technologies
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Tesla Earnings Loom: Bulls Eye $600, Bears Warn of $300
- Expert Stock Trading Psychology Tips
- Cathie Wood Buys Alibaba and Baidu: Momentum or More Value Ahead?
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- This ETF Weeds Out Small-Cap Underperformers
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.