Simon Quick Advisors LLC increased its holdings in shares of Sensata Technologies Holding N.V. (NYSE:ST – Free Report) by 31.4% in the second quarter, HoldingsChannel reports. The institutional investor owned 20,936 shares of the scientific and technical instruments company’s stock after purchasing an additional 5,002 shares during the quarter. Simon Quick Advisors LLC’s holdings in Sensata Technologies were worth $630,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of ST. Northwestern Mutual Wealth Management Co. raised its stake in shares of Sensata Technologies by 61.4% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,036 shares of the scientific and technical instruments company’s stock worth $25,000 after buying an additional 394 shares during the last quarter. Signaturefd LLC raised its stake in shares of Sensata Technologies by 515.5% during the first quarter. Signaturefd LLC now owns 1,114 shares of the scientific and technical instruments company’s stock worth $27,000 after buying an additional 933 shares during the last quarter. National Bank of Canada FI bought a new stake in shares of Sensata Technologies during the first quarter worth approximately $27,000. Hantz Financial Services Inc. raised its stake in shares of Sensata Technologies by 446.2% during the second quarter. Hantz Financial Services Inc. now owns 994 shares of the scientific and technical instruments company’s stock worth $30,000 after buying an additional 812 shares during the last quarter. Finally, Brooklyn Investment Group raised its stake in shares of Sensata Technologies by 1,575.0% during the first quarter. Brooklyn Investment Group now owns 1,273 shares of the scientific and technical instruments company’s stock worth $31,000 after buying an additional 1,197 shares during the last quarter. 99.42% of the stock is owned by institutional investors.
Sensata Technologies Stock Down 1.9%
Shares of ST stock opened at $31.86 on Friday. The firm has a fifty day moving average of $31.56 and a 200-day moving average of $29.17. The company has a quick ratio of 1.94, a current ratio of 2.91 and a debt-to-equity ratio of 1.18. Sensata Technologies Holding N.V. has a 12-month low of $17.32 and a 12-month high of $35.06. The company has a market capitalization of $4.64 billion, a price-to-earnings ratio of -159.27, a P/E/G ratio of 1.26 and a beta of 1.15.
Sensata Technologies Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Wednesday, November 12th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, November 12th. This represents a $0.48 annualized dividend and a dividend yield of 1.5%. Sensata Technologies’s dividend payout ratio is currently -240.00%.
Insider Activity
In other news, EVP Lynne J. Caljouw sold 3,207 shares of the stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $32.45, for a total transaction of $104,067.15. Following the completion of the sale, the executive vice president owned 66,536 shares of the company’s stock, valued at $2,159,093.20. This represents a 4.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.89% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on the stock. Wall Street Zen raised shares of Sensata Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Weiss Ratings reissued a “hold (c-)” rating on shares of Sensata Technologies in a research note on Wednesday, October 8th. JPMorgan Chase & Co. lifted their price objective on shares of Sensata Technologies from $23.00 to $32.00 and gave the stock an “underweight” rating in a research note on Thursday, July 17th. Barclays assumed coverage on shares of Sensata Technologies in a research note on Wednesday, October 8th. They set an “overweight” rating and a $43.00 price objective on the stock. Finally, UBS Group lifted their price objective on shares of Sensata Technologies from $41.00 to $43.00 and gave the stock a “buy” rating in a research note on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Sensata Technologies currently has a consensus rating of “Hold” and a consensus price target of $36.75.
View Our Latest Analysis on ST
About Sensata Technologies
Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.
Recommended Stories
- Five stocks we like better than Sensata Technologies
- How to Use the MarketBeat Stock Screener
- Amazon Earnings: 3 Catalysts That Could Drive Shares to $300
- Pros And Cons Of Monthly Dividend Stocks
- Why Chipotle Stock May Bounce After a Brutal Sell-Off
- 3 Tickers Leading a Meme Stock Revival
- Why VGT May Be a Smarter Bet Than Chasing Individual Tech Stocks
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 N.V. (NYSE:ST – Free Report).
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.
