Public Employees Retirement System of Ohio reduced its stake in Sensata Technologies Holding N.V. (NYSE:ST – Free Report) by 2.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 45,032 shares of the scientific and technical instruments company’s stock after selling 977 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Sensata Technologies were worth $1,356,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its position in Sensata Technologies by 61.4% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,036 shares of the scientific and technical instruments company’s stock worth $25,000 after buying an additional 394 shares during the last quarter. Signaturefd LLC raised its position in Sensata Technologies by 515.5% during the 1st quarter. Signaturefd LLC now owns 1,114 shares of the scientific and technical instruments company’s stock worth $27,000 after buying an additional 933 shares during the last quarter. National Bank of Canada FI purchased a new position in Sensata Technologies during the 1st quarter worth approximately $27,000. Brooklyn Investment Group raised its position in Sensata Technologies by 1,575.0% during the 1st quarter. Brooklyn Investment Group now owns 1,273 shares of the scientific and technical instruments company’s stock worth $31,000 after buying an additional 1,197 shares during the last quarter. Finally, Parallel Advisors LLC raised 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 during the last quarter. 99.42% of the stock is owned by hedge funds and other institutional investors.
Sensata Technologies Price Performance
Sensata Technologies stock opened at $31.03 on Friday. Sensata Technologies Holding N.V. has a 1 year low of $17.32 and a 1 year high of $36.64. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.94 and a current ratio of 2.71. The company’s fifty day moving average price is $31.46 and its 200 day moving average price is $27.96. The stock has a market capitalization of $4.52 billion, a P/E ratio of 41.37, a P/E/G ratio of 1.22 and a beta of 1.15.
Sensata Technologies Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 27th. Shareholders of record on Wednesday, August 13th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Wednesday, August 13th. Sensata Technologies’s payout ratio is 64.00%.
Analysts Set New Price Targets
Several research firms have recently weighed in on ST. Wall Street Zen raised shares of Sensata Technologies from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Wells Fargo & Company lifted their target price on shares of Sensata Technologies from $30.00 to $33.00 and gave the company an “equal weight” rating in a report on Wednesday, July 30th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Sensata Technologies in a report on Saturday, September 27th. Evercore ISI lifted their target price on shares of Sensata Technologies from $27.00 to $30.00 and gave the company an “in-line” rating in a report on Wednesday, July 30th. Finally, Bank of America lifted 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, July 16th. Four equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $35.91.
View Our Latest Stock Report on Sensata Technologies
Insider Buying and Selling at Sensata Technologies
In other news, EVP Lynne J. Caljouw sold 2,576 shares of the business’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $31.98, for a total transaction of $82,380.48. Following the transaction, the executive vice president owned 77,185 shares of the company’s stock, valued at approximately $2,468,376.30. The trade was a 3.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.89% of the company’s stock.
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.
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