Sensata Technologies Holding N.V. $ST Shares Bought by Heartland Advisors Inc.

Heartland Advisors Inc. raised its position in Sensata Technologies Holding N.V. (NYSE:ST) by 14.1% during the first quarter, HoldingsChannel.com reports. The firm owned 233,325 shares of the scientific and technical instruments company’s stock after buying an additional 28,825 shares during the quarter. Heartland Advisors Inc.’s holdings in Sensata Technologies were worth $8,218,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. CIBC Private Wealth Group LLC increased its position in Sensata Technologies by 700.0% during the 4th quarter. CIBC Private Wealth Group LLC now owns 832 shares of the scientific and technical instruments company’s stock worth $28,000 after purchasing an additional 728 shares in the last quarter. Root Financial Partners LLC raised its holdings in Sensata Technologies by 62.5% in the first quarter. Root Financial Partners LLC now owns 913 shares of the scientific and technical instruments company’s stock valued at $32,000 after buying an additional 351 shares during the period. EFG International AG acquired a new position in Sensata Technologies during the fourth quarter valued at approximately $33,000. Parallel Advisors LLC lifted its position in Sensata Technologies by 62.7% during the fourth quarter. Parallel Advisors LLC now owns 1,072 shares of the scientific and technical instruments company’s stock valued at $36,000 after buying an additional 413 shares in the last quarter. Finally, Atlas Capital Advisors Inc. purchased a new stake in Sensata Technologies during the fourth quarter worth approximately $36,000. 99.42% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ST has been the subject of several recent research reports. Bank of America increased their price objective on shares of Sensata Technologies from $46.00 to $48.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. The Goldman Sachs Group upped their price target on shares of Sensata Technologies from $48.00 to $60.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Wells Fargo & Company increased their price target on Sensata Technologies from $48.00 to $49.00 and gave the company an “equal weight” rating in a report on Thursday, June 25th. Wall Street Zen lowered Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, UBS Group restated a “buy” rating and set a $57.00 price objective on shares of Sensata Technologies in a research note on Tuesday, June 2nd. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Sensata Technologies has a consensus rating of “Hold” and an average price target of $48.60.

Insider Activity at Sensata Technologies

In related news, EVP David K. Stott sold 6,335 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $47.40, for a total value of $300,279.00. Following the completion of the transaction, the executive vice president 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 sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.65% of the company’s stock.

Sensata Technologies Price Performance

ST opened at $45.05 on Friday. Sensata Technologies Holding N.V. has a twelve month low of $28.16 and a twelve month high of $53.89. The firm has a market cap of $6.55 billion, a price-to-earnings ratio of 145.33, a PEG ratio of 1.29 and a beta of 1.27. The company has a current ratio of 2.75, a quick ratio of 1.95 and a debt-to-equity ratio of 1.00. The company has a fifty day simple moving average of $48.12 and a 200 day simple moving average of $40.59.

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

About Sensata Technologies

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.