Caprock Group LLC Invests $1.57 Million in Sensata Technologies Holding N.V. $ST

Caprock Group LLC purchased a new stake in Sensata Technologies Holding N.V. (NYSE:ST) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 48,135 shares of the scientific and technical instruments company’s stock, valued at approximately $1,566,000.

A number of other institutional investors have also recently added to or reduced their stakes in ST. Rhumbline Advisers grew its holdings in Sensata Technologies by 4.1% in the 3rd quarter. Rhumbline Advisers now owns 373,373 shares of the scientific and technical instruments company’s stock valued at $11,407,000 after buying an additional 14,797 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Sensata Technologies by 659.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 904 shares of the scientific and technical instruments company’s stock valued at $27,000 after acquiring an additional 785 shares during the last quarter. Guinness Atkinson Asset Management Inc purchased a new stake in shares of Sensata Technologies in the third quarter valued at about $679,000. Guinness Asset Management LTD acquired a new stake in Sensata Technologies during the third quarter worth about $8,103,000. Finally, Savant Capital LLC raised its stake in Sensata Technologies by 4.1% during the third quarter. Savant Capital LLC now owns 12,971 shares of the scientific and technical instruments company’s stock worth $396,000 after purchasing an additional 511 shares during the period. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Insider Buying and Selling at Sensata Technologies

In other Sensata Technologies news, Director Ali John Mirshekari sold 125,939 shares of the stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $28.83, for a total transaction of $3,630,821.37. Following the sale, the director directly owned 142,371 shares in the company, valued at $4,104,555.93. This represents a 46.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have sold a total of 268,310 shares of company stock valued at $7,750,455 in the last ninety days. Insiders own 0.89% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ST shares. Barclays cut their price target on shares of Sensata Technologies from $43.00 to $40.00 and set an “overweight” rating for the company in a report on Monday, January 12th. Wells Fargo & Company raised their target price on Sensata Technologies from $34.00 to $37.00 and gave the stock an “equal weight” rating in a research note on Monday, January 12th. Weiss Ratings restated a “sell (d)” rating on shares of Sensata Technologies in a research report on Monday, December 29th. Oppenheimer reiterated an “outperform” rating and set a $43.00 price target on shares of Sensata Technologies in a report on Wednesday, December 17th. Finally, Evercore set a $32.00 price objective on shares of Sensata Technologies in a report on Wednesday, October 29th. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Sensata Technologies presently has a consensus rating of “Hold” and an average price target of $36.10.

Sensata Technologies Price Performance

ST stock opened at $36.90 on Friday. The business’s fifty day moving average price is $34.82 and its 200 day moving average price is $32.57. Sensata Technologies Holding N.V. has a 12-month low of $17.32 and a 12-month high of $37.95. The company has a current ratio of 2.91, a quick ratio of 2.10 and a debt-to-equity ratio of 1.18. The company has a market capitalization of $5.37 billion, a PE ratio of -184.47, a P/E/G 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. Investors of record on Wednesday, February 11th will be issued a $0.12 dividend. The ex-dividend date is Wednesday, February 11th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.3%. Sensata Technologies’s payout ratio is -240.00%.

About Sensata Technologies

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.