Capital Management Corp VA Raises Stock Holdings in Sensata Technologies Holding N.V. (NYSE:ST)

Capital Management Corp VA raised its position in Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 31.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 256,373 shares of the scientific and technical instruments company's stock after purchasing an additional 60,988 shares during the quarter. Capital Management Corp VA owned 0.17% of Sensata Technologies worth $6,222,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Easterly Investment Partners LLC increased its stake in shares of Sensata Technologies by 11.2% in the first quarter. Easterly Investment Partners LLC now owns 278,467 shares of the scientific and technical instruments company's stock valued at $6,758,000 after buying an additional 28,144 shares during the period. Victory Capital Management Inc. increased its stake in shares of Sensata Technologies by 24.7% in the first quarter. Victory Capital Management Inc. now owns 2,782,600 shares of the scientific and technical instruments company's stock valued at $67,534,000 after buying an additional 551,231 shares during the period. Signaturefd LLC increased its stake in shares of Sensata Technologies by 515.5% in the first quarter. Signaturefd LLC now owns 1,114 shares of the scientific and technical instruments company's stock valued at $27,000 after buying an additional 933 shares during the period. Edgestream Partners L.P. increased its stake in shares of Sensata Technologies by 24.5% in the first quarter. Edgestream Partners L.P. now owns 88,626 shares of the scientific and technical instruments company's stock valued at $2,151,000 after buying an additional 17,440 shares during the period. Finally, CWM LLC increased its stake in shares of Sensata Technologies by 989.5% in the first quarter. CWM LLC now owns 2,604 shares of the scientific and technical instruments company's stock valued at $63,000 after buying an additional 2,365 shares during the period. Institutional investors and hedge funds own 99.42% of the company's stock.

Sensata Technologies Stock Up 0.2%

Shares of ST stock traded up $0.05 during trading hours on Friday, reaching $31.56. The company had a trading volume of 1,212,520 shares, compared to its average volume of 1,650,302. Sensata Technologies Holding N.V. has a 12 month low of $17.32 and a 12 month high of $41.04. The company has a debt-to-equity ratio of 1.12, a current ratio of 2.64 and a quick ratio of 1.81. The business has a fifty day simple moving average of $28.71 and a 200-day simple moving average of $26.58. The company has a market cap of $4.62 billion, a price-to-earnings ratio of 38.96, a price-to-earnings-growth ratio of 1.33 and a beta of 1.13.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.06. Sensata Technologies had a return on equity of 17.12% and a net margin of 3.19%. The company had revenue of $911.26 million for the quarter, compared to analyst estimates of $878.39 million. During the same quarter last year, the company earned $0.89 earnings per share. The company's revenue for the quarter was down 9.5% on a year-over-year basis. On average, research analysts expect that Sensata Technologies Holding N.V. will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 27th. Stockholders of record on Wednesday, August 13th will be issued a $0.12 dividend. The ex-dividend date is Wednesday, August 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.52%. Sensata Technologies's dividend payout ratio is presently 59.26%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on ST shares. Evercore ISI cut Sensata Technologies from an "outperform" rating to an "inline" rating and decreased their price target for the company from $40.00 to $27.00 in a research note on Thursday, April 3rd. Wells Fargo & Company raised their price objective on shares of Sensata Technologies from $26.00 to $30.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 1st. The Goldman Sachs Group raised their price objective on shares of Sensata Technologies from $27.00 to $30.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. UBS Group raised their price objective on shares of Sensata Technologies from $34.00 to $41.00 and gave the stock a "buy" rating in a research report on Monday. Finally, JPMorgan Chase & Co. raised their price objective on shares of Sensata Technologies from $23.00 to $32.00 and gave the stock an "underweight" rating in a research report on Thursday. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat, Sensata Technologies currently has a consensus rating of "Hold" and an average price target of $35.50.

Insider Buying and Selling at Sensata Technologies

In related news, Director Andrew C. Teich bought 9,925 shares of the company's stock in a transaction dated Friday, May 23rd. The shares were bought at an average price of $25.19 per share, for a total transaction of $250,010.75. Following the completion of the acquisition, the director directly owned 41,117 shares of the company's stock, valued at $1,035,737.23. This trade represents a 31.82% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.89% of the stock is owned by corporate insiders.

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.