Dimensional Fund Advisors LP increased its position in Sensata Technologies Holding (NYSE:ST) by 3.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,090,286 shares of the scientific and technical instruments company’s stock after buying an additional 36,430 shares during the quarter. Dimensional Fund Advisors LP owned 0.64% of Sensata Technologies worth $52,406,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently added to or reduced their stakes in the company. Skba Capital Management LLC bought a new stake in Sensata Technologies in the 3rd quarter worth approximately $201,000. Tredje AP fonden lifted its position in Sensata Technologies by 174.7% in the 2nd quarter. Tredje AP fonden now owns 4,780 shares of the scientific and technical instruments company’s stock worth $204,000 after buying an additional 3,040 shares during the last quarter. Aberdeen Asset Management PLC UK bought a new stake in Sensata Technologies in the 2nd quarter worth approximately $206,000. Cambridge Investment Research Advisors Inc. bought a new stake in Sensata Technologies in the 2nd quarter worth approximately $216,000. Finally, QCM Cayman Ltd. lifted its position in Sensata Technologies by 1.4% in the 2nd quarter. QCM Cayman Ltd. now owns 5,210 shares of the scientific and technical instruments company’s stock worth $223,000 after buying an additional 74 shares during the last quarter.
Sensata Technologies Holding (NYSE ST) opened at $51.78 on Friday. The company has a debt-to-equity ratio of 1.49, a current ratio of 2.76 and a quick ratio of 2.04. The company has a market capitalization of $8,828.62, a P/E ratio of 29.09, a price-to-earnings-growth ratio of 1.45 and a beta of 1.47. Sensata Technologies Holding has a 12 month low of $38.71 and a 12 month high of $53.30.
In other news, COO Jeffrey J. Cote sold 13,311 shares of the business’s stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $49.03, for a total transaction of $652,638.33. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Steven Beringhause sold 7,588 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $51.18, for a total value of $388,353.84. The disclosure for this sale can be found here. Insiders have sold 87,588 shares of company stock worth $4,258,599 over the last three months. Insiders own 1.00% of the company’s stock.
A number of analysts recently weighed in on the company. Citigroup boosted their target price on Sensata Technologies from $49.00 to $55.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. BMO Capital Markets lifted their price target on Sensata Technologies from $45.00 to $47.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 13th. JPMorgan Chase & Co. set a $60.00 price target on Sensata Technologies and gave the stock a “buy” rating in a research note on Wednesday, December 13th. Zacks Investment Research cut Sensata Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $54.00 price target on shares of Sensata Technologies in a research note on Friday, December 15th. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Sensata Technologies presently has a consensus rating of “Buy” and an average price target of $54.83.
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About Sensata Technologies
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.
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