Sensata Technologies Holding N.V. $ST Shares Acquired by Regents Gate Capital LLP

Regents Gate Capital LLP lifted its holdings in shares of Sensata Technologies Holding N.V. (NYSE:ST) by 15.0% in the first quarter, HoldingsChannel.com reports. The firm owned 156,048 shares of the scientific and technical instruments company’s stock after acquiring an additional 20,334 shares during the quarter. Sensata Technologies accounts for about 1.2% of Regents Gate Capital LLP’s investment portfolio, making the stock its 27th largest holding. Regents Gate Capital LLP’s holdings in Sensata Technologies were worth $5,496,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Goldman Sachs Group Inc. lifted its position 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 last quarter. United Services Automobile Association acquired a new stake in shares of Sensata Technologies during the first quarter valued at about $246,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Sensata Technologies by 12.2% during the first 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 during the last quarter. Cetera Investment Advisers raised its stake in shares of Sensata Technologies by 11.8% in the 2nd quarter. Cetera Investment Advisers now owns 23,409 shares of the scientific and technical instruments company’s stock valued at $705,000 after acquiring an additional 2,472 shares during the period. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Sensata Technologies in the 2nd quarter valued at approximately $750,000. 99.42% of the stock is owned by institutional investors and hedge funds.

Sensata Technologies Price Performance

Shares of NYSE ST opened at $45.05 on Friday. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.75 and a quick ratio of 1.95. The company has a market cap of $6.55 billion, a price-to-earnings ratio of 145.33, a price-to-earnings-growth ratio of 1.29 and a beta of 1.27. The stock’s 50-day moving average is $48.12 and its two-hundred day moving average is $40.59. Sensata Technologies Holding N.V. has a 1-year low of $28.16 and a 1-year high of $53.89.

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

Analysts Set New Price Targets

A number of research firms recently weighed in on ST. UBS Group reaffirmed a “buy” rating and set a $57.00 price objective on shares of Sensata Technologies in a research report on Tuesday, June 2nd. Wall Street Zen lowered Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 2nd. The Goldman Sachs Group upped their price target on Sensata Technologies from $48.00 to $60.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Bank of America raised their price target on Sensata Technologies from $46.00 to $48.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Finally, Barclays lowered Sensata Technologies from an “overweight” rating to an “equal weight” rating and increased their target price for the stock from $49.00 to $53.00 in a research note on Friday, May 29th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $48.60.

Insider Transactions at Sensata Technologies

In other Sensata Technologies news, EVP David K. Stott sold 6,335 shares of the business’s stock in a transaction that occurred on 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 transaction, the executive vice president owned 39,687 shares in the company, valued at $1,881,163.80. The trade was a 13.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.65% 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.