Goldman Sachs Group Inc. Has $201.34 Million Holdings in Sensata Technologies Holding (ST)

Goldman Sachs Group Inc. lowered its stake in Sensata Technologies Holding (NYSE:ST) by 12.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,939,382 shares of the scientific and technical instruments company’s stock after selling 578,059 shares during the period. Goldman Sachs Group Inc.’s holdings in Sensata Technologies were worth $201,342,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Advisor Group Inc. raised its position in shares of Sensata Technologies by 73.5% during the 4th quarter. Advisor Group Inc. now owns 2,731 shares of the scientific and technical instruments company’s stock worth $140,000 after acquiring an additional 1,157 shares in the last quarter. American International Group Inc. acquired a new stake in shares of Sensata Technologies during the 4th quarter worth about $193,000. Skba Capital Management LLC acquired a new stake in shares of Sensata Technologies during the 3rd quarter worth about $201,000. BB&T Corp purchased a new position in Sensata Technologies during the 4th quarter worth approximately $215,000. Finally, Saturna Capital CORP purchased a new position in Sensata Technologies during the 3rd quarter worth approximately $249,000.

How to Become a New Pot Stock Millionaire

In related news, EVP Steven Beringhause sold 3,720 shares of Sensata Technologies stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $54.85, for a total transaction of $204,042.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.00% of the company’s stock.

A number of research firms recently issued reports on ST. Barclays raised their price target on Sensata Technologies from $58.00 to $61.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. Morgan Stanley lifted their target price on Sensata Technologies from $53.00 to $55.00 and gave the company an “equal weight” rating in a research note on Friday, February 2nd. ValuEngine upgraded Sensata Technologies from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Stifel Nicolaus reiterated a “buy” rating and issued a $63.00 target price on shares of Sensata Technologies in a research note on Thursday, February 1st. Finally, Zacks Investment Research downgraded Sensata Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, January 30th. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $57.00.

Shares of Sensata Technologies Holding (NYSE ST) opened at $54.34 on Monday. The company has a quick ratio of 2.23, a current ratio of 2.94 and a debt-to-equity ratio of 1.39. Sensata Technologies Holding has a 12 month low of $38.71 and a 12 month high of $57.40. The firm has a market capitalization of $9,314.51, a P/E ratio of 16.98, a P/E/G ratio of 1.48 and a beta of 1.51.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings results on Thursday, February 1st. The scientific and technical instruments company reported $0.87 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.85 by $0.02. Sensata Technologies had a return on equity of 25.40% and a net margin of 12.35%. The firm had revenue of $840.53 million for the quarter, compared to the consensus estimate of $822.31 million. During the same period in the previous year, the business earned $0.76 earnings per share. The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. research analysts anticipate that Sensata Technologies Holding will post 3.65 EPS for the current year.

TRADEMARK VIOLATION NOTICE: This piece was originally published by Markets Daily and is the sole property of of Markets Daily. If you are accessing this piece on another publication, it was illegally stolen and republished in violation of U.S. & international copyright & trademark legislation. The correct version of this piece can be viewed at https://www.themarketsdaily.com/2018/03/12/goldman-sachs-group-inc-has-201-34-million-holdings-in-sensata-technologies-holding-st.html.

Sensata Technologies Profile

Sensata Technologies Holding N.V. is an industrial technology company. The Company is engaged in the development, manufacture, and sale of sensors and controls. The Company operates through two segments: Performance Sensing and Sensing Solutions. It produces a range of sensors and controls for applications, such as pressure sensors in automotive systems, thermal circuit breakers in aircraft, and bimetal current and temperature control devices.

Want to see what other hedge funds are holding ST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sensata Technologies Holding (NYSE:ST).

Institutional Ownership by Quarter for Sensata Technologies (NYSE:ST)

Receive News & Ratings for Sensata Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensata Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply