Analog Century Management LP Buys 84,262 Shares of Sensata Technologies Holding N.V. $ST

Analog Century Management LP lifted its stake in Sensata Technologies Holding N.V. (NYSE:ST) by 7.0% during the fourth quarter, HoldingsChannel reports. The firm owned 1,284,898 shares of the scientific and technical instruments company’s stock after purchasing an additional 84,262 shares during the period. Sensata Technologies accounts for about 2.1% of Analog Century Management LP’s holdings, making the stock its 24th largest position. Analog Century Management LP’s holdings in Sensata Technologies were worth $42,774,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Caprock Group LLC bought a new position in shares of Sensata Technologies in the third quarter worth about $1,566,000. CWA Asset Management Group LLC bought a new position in shares of Sensata Technologies in the fourth quarter worth about $1,133,000. Dimensional Fund Advisors LP grew its holdings in shares of Sensata Technologies by 2.2% in the third quarter. Dimensional Fund Advisors LP now owns 7,023,238 shares of the scientific and technical instruments company’s stock worth $214,557,000 after purchasing an additional 150,013 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Sensata Technologies in the third quarter worth about $1,517,000. Finally, Convergence Investment Partners LLC lifted its stake in Sensata Technologies by 247.0% in the fourth quarter. Convergence Investment Partners LLC now owns 40,440 shares of the scientific and technical instruments company’s stock worth $1,346,000 after acquiring an additional 28,786 shares during the period. 99.42% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on ST. Oppenheimer upped their price objective on shares of Sensata Technologies from $50.00 to $55.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. upped their price objective on shares of Sensata Technologies from $32.00 to $34.00 and gave the stock an “underweight” rating in a research note on Monday, February 23rd. The Goldman Sachs Group upped their price objective on shares of Sensata Technologies from $48.00 to $60.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Wells Fargo & Company upped their price objective on shares of Sensata Technologies from $42.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 2nd. Finally, Bank of America upped their price objective on shares of Sensata Technologies from $37.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $47.70.

Insider Activity

In other Sensata Technologies news, EVP David K. Stott sold 6,335 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $47.40, for a total transaction of $300,279.00. Following the completion of the sale, the executive vice president directly owned 39,687 shares of the company’s stock, valued at approximately $1,881,163.80. This represents a 13.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Lynne J. Caljouw sold 2,913 shares of the stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $34.71, for a total transaction of $101,110.23. Following the sale, the executive vice president directly owned 72,842 shares of the company’s stock, valued at approximately $2,528,345.82. The trade was a 3.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 11,728 shares of company stock valued at $486,949. Insiders own 0.65% of the company’s stock.

Sensata Technologies Stock Up 1.0%

NYSE:ST opened at $50.37 on Friday. Sensata Technologies Holding N.V. has a 1-year low of $26.95 and a 1-year high of $53.89. The company has a 50-day moving average of $44.57 and a 200 day moving average of $38.19. The firm has a market cap of $7.33 billion, a PE ratio of 162.48, a price-to-earnings-growth ratio of 1.45 and a beta of 1.26. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.75 and a quick ratio of 1.95.

Sensata Technologies (NYSE:ST) last released its quarterly earnings results on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 EPS for the quarter. The business had revenue of $934.80 million during the quarter. Sensata Technologies had a net margin of 1.28% and a return on equity of 18.23%. As a group, research analysts anticipate that Sensata Technologies Holding N.V. will post 3.73 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 13th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Wednesday, May 13th. Sensata Technologies’s dividend payout ratio is presently 154.84%.

Sensata Technologies Company 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.