Envestnet Asset Management Inc. Has $20.76 Million Position in Sensata Technologies Holding N.V. $ST

Envestnet Asset Management Inc. cut its holdings in Sensata Technologies Holding N.V. (NYSE:ST) by 4.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 679,538 shares of the scientific and technical instruments company’s stock after selling 28,380 shares during the period. Envestnet Asset Management Inc. owned approximately 0.47% of Sensata Technologies worth $20,760,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in ST. Goldman Sachs Group Inc. lifted its stake in Sensata Technologies by 107.8% in the first quarter. Goldman Sachs Group Inc. now owns 419,137 shares of the scientific and technical instruments company’s stock valued at $10,172,000 after buying an additional 217,418 shares during the period. United Services Automobile Association bought a new stake in shares of Sensata Technologies in the 1st quarter valued at $246,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Sensata Technologies by 12.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 505,957 shares of the scientific and technical instruments company’s stock valued at $12,280,000 after acquiring an additional 55,045 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Sensata Technologies by 33.2% during the 2nd quarter. Blue Trust Inc. now owns 2,566 shares of the scientific and technical instruments company’s stock valued at $77,000 after acquiring an additional 640 shares during the period. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in Sensata Technologies by 37.3% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 22,694 shares of the scientific and technical instruments company’s stock worth $683,000 after acquiring an additional 6,169 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Oppenheimer reiterated an “outperform” rating and set a $43.00 price objective on shares of Sensata Technologies in a report on Wednesday, December 17th. Barclays decreased their target price on Sensata Technologies from $43.00 to $40.00 and set an “overweight” rating for the company in a research report on Monday, January 12th. Wells Fargo & Company increased their price target on Sensata Technologies from $34.00 to $37.00 and gave the stock an “equal weight” rating in a report on Monday, January 12th. Evercore set a $32.00 price objective on Sensata Technologies in a report on Wednesday, October 29th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Sensata Technologies in a report on Monday, December 29th. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $36.10.

Sensata Technologies Trading Up 2.2%

NYSE:ST opened at $36.90 on Friday. Sensata Technologies Holding N.V. has a 52 week low of $17.32 and a 52 week high of $37.95. The firm has a 50-day moving average price of $34.82 and a two-hundred day moving average price of $32.57. The company has a debt-to-equity ratio of 1.18, a quick ratio of 2.10 and a current ratio of 2.91. The firm has a market cap of $5.37 billion, a price-to-earnings ratio of -184.47, a price-to-earnings-growth ratio of 1.36 and a beta of 1.16.

Sensata Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 25th. Shareholders of record on Wednesday, February 11th will be given a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $0.48 annualized dividend and a yield of 1.3%. Sensata Technologies’s payout ratio is currently -240.00%.

Insider Transactions at Sensata Technologies

In other news, Director Ali John Mirshekari sold 125,939 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $28.83, for a total transaction of $3,630,821.37. Following the completion of the sale, the director directly owned 142,371 shares of the company’s stock, valued at $4,104,555.93. This trade represents a 46.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In the last ninety days, insiders sold 268,310 shares of company stock valued at $7,750,455. 0.89% of the stock is owned by corporate insiders.

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.