Heartland Advisors Inc. Purchases 15,500 Shares of Sensata Technologies Holding N.V. $ST

Heartland Advisors Inc. grew its stake in shares of Sensata Technologies Holding N.V. (NYSE:ST) by 13.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 127,975 shares of the scientific and technical instruments company’s stock after acquiring an additional 15,500 shares during the period. Heartland Advisors Inc. owned about 0.09% of Sensata Technologies worth $3,910,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of ST. Vanguard Group Inc. raised its position in Sensata Technologies by 2.4% during the 3rd quarter. Vanguard Group Inc. now owns 14,997,522 shares of the scientific and technical instruments company’s stock valued at $458,174,000 after purchasing an additional 346,547 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of Sensata Technologies by 4.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 9,338 shares of the scientific and technical instruments company’s stock worth $285,000 after buying an additional 426 shares in the last quarter. Caprock Group LLC purchased a new position in shares of Sensata Technologies during the third quarter valued at $1,566,000. Rhumbline Advisers raised its holdings in shares of Sensata Technologies by 4.1% in the third quarter. Rhumbline Advisers now owns 373,373 shares of the scientific and technical instruments company’s stock valued at $11,407,000 after acquiring an additional 14,797 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in Sensata Technologies by 659.7% in the third quarter. Smartleaf Asset Management LLC now owns 904 shares of the scientific and technical instruments company’s stock worth $27,000 after acquiring an additional 785 shares during the period. Institutional investors own 99.42% of the company’s stock.

Insider Transactions at Sensata Technologies

In other Sensata Technologies news, Director Ali John Mirshekari sold 108,438 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $28.75, for a total value of $3,117,592.50. Following the completion of the transaction, the director owned 33,933 shares in the company, valued at approximately $975,573.75. This represents a 76.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Lynne J. Caljouw sold 2,496 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $37.53, for a total transaction of $93,674.88. Following the completion of the sale, the executive vice president owned 64,040 shares in the company, valued at $2,403,421.20. This represents a 3.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 144,867 shares of company stock worth $4,213,309. Company insiders own 0.89% of the company’s stock.

Sensata Technologies Stock Down 0.1%

Sensata Technologies stock opened at $36.86 on Wednesday. Sensata Technologies Holding N.V. has a fifty-two week low of $17.32 and a fifty-two week high of $37.95. The firm has a 50 day moving average price of $34.93 and a 200 day moving average price of $32.67. The company has a market capitalization of $5.37 billion, a PE ratio of -184.29, a price-to-earnings-growth ratio of 1.39 and a beta of 1.16. The company has a debt-to-equity ratio of 1.18, a quick ratio of 2.10 and a current ratio of 2.91.

Sensata Technologies Announces Dividend

The business 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 dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, February 11th. Sensata Technologies’s dividend payout ratio (DPR) is presently -240.00%.

Wall Street Analyst Weigh In

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

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.