APG Asset Management N.V. Sells 34,996 Shares of Sensata Technologies Holding (ST)

APG Asset Management N.V. cut its stake in Sensata Technologies Holding (NYSE:ST) by 8.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 372,068 shares of the scientific and technical instruments company’s stock after selling 34,996 shares during the period. APG Asset Management N.V. owned about 0.22% of Sensata Technologies Holding worth $16,248,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Huntington National Bank increased its stake in Sensata Technologies Holding by 37.2% in the first quarter. Huntington National Bank now owns 2,721 shares of the scientific and technical instruments company’s stock worth $119,000 after buying an additional 738 shares in the last quarter. Tredje AP fonden increased its stake in Sensata Technologies Holding by 50.1% in the fourth quarter. Tredje AP fonden now owns 3,753 shares of the scientific and technical instruments company’s stock worth $146,000 after buying an additional 1,253 shares in the last quarter. Mn Services Vermogensbeheer B.V. increased its stake in Sensata Technologies Holding by 4.2% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 4,557 shares of the scientific and technical instruments company’s stock worth $186,000 after buying an additional 185 shares in the last quarter. Ledyard National Bank boosted its position in shares of Sensata Technologies Holding by 21.1% in the first quarter. Ledyard National Bank now owns 4,300 shares of the scientific and technical instruments company’s stock worth $188,000 after buying an additional 750 shares during the last quarter. Finally, Everett Harris & Co. CA purchased a new position in shares of Sensata Technologies Holding during the first quarter worth about $201,000.

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

Shares of Sensata Technologies Holding (NYSE:ST) traded up 2.19% during midday trading on Friday, reaching $40.19. 570,237 shares of the company’s stock were exchanged. The company’s 50-day moving average is $40.71 and its 200-day moving average is $40.40. Sensata Technologies Holding has a one year low of $32.07 and a one year high of $45.30. The stock has a market cap of $6.88 billion, a P/E ratio of 25.12 and a beta of 1.37.

Sensata Technologies Holding (NYSE:ST) last released its quarterly earnings results on Tuesday, April 25th. The scientific and technical instruments company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.03. The company had revenue of $807.27 million during the quarter, compared to the consensus estimate of $796.16 million. Sensata Technologies Holding had a return on equity of 27.11% and a net margin of 8.20%. Sensata Technologies Holding’s revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.66 earnings per share. Equities analysts expect that Sensata Technologies Holding will post $3.14 earnings per share for the current fiscal year.

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A number of equities analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Sensata Technologies Holding from a “hold” rating to a “buy” rating and set a $46.00 price target on the stock in a research note on Tuesday, April 25th. Stifel Nicolaus restated a “buy” rating and set a $48.00 target price on shares of Sensata Technologies Holding in a research note on Wednesday, April 26th. Barclays PLC restated a “buy” rating and set a $52.00 target price on shares of Sensata Technologies Holding in a research note on Thursday, April 27th. Finally, Cowen and Company initiated coverage on shares of Sensata Technologies Holding in a research note on Tuesday, March 21st. They set a “market perform” rating and a $45.00 target price on the stock. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $46.44.

About Sensata Technologies Holding

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.

5 Day Chart for NYSE:ST

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