LSV Asset Management Makes New $1.42 Million Investment in Sensata Technologies Holding N.V. $ST

Key Points

• LSV Asset Management opened a new position in Sensata Technologies during the fourth quarter, buying 42,700 shares valued at about $1.42 million.
• Sensata Technologies reported quarterly earnings of $0.86 per share on revenue of $934.8 million, and analysts currently expect full-year EPS of 3.73.
• The company recently paid a quarterly dividend of $0.12 per share and, despite mixed analyst views, the stock has risen near its 52-week high with an average target price of $45.80.

LSV Asset Management acquired a new position in Sensata Technologies Holding N.V. (NYSE:ST - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 42,700 shares of the scientific and technical instruments company's stock, valued at approximately $1,421,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Caprock Group LLC purchased a new position in shares of Sensata Technologies in the 3rd quarter worth $1,566,000. CWA Asset Management Group LLC purchased a new position in shares of Sensata Technologies during the 4th quarter worth about $1,133,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of Sensata Technologies during the 3rd quarter worth about $1,163,000. Dimensional Fund Advisors LP boosted its stake in shares of Sensata Technologies by 2.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 7,023,238 shares of the scientific and technical instruments company's stock worth $214,557,000 after purchasing an additional 150,013 shares during the period. Finally, Capital Management Corp VA boosted its stake in shares of Sensata Technologies by 14.3% during the 3rd quarter. Capital Management Corp VA now owns 566,551 shares of the scientific and technical instruments company's stock worth $17,308,000 after purchasing an additional 70,956 shares during the period. 99.42% of the stock is owned by hedge funds and other institutional investors.

Sensata Technologies Stock Up 0.3%

NYSE:ST opened at $50.56 on Thursday. The company has a market cap of $7.35 billion, a PE ratio of 163.09, a P/E/G ratio of 1.45 and a beta of 1.21. Sensata Technologies Holding N.V. has a twelve month low of $25.44 and a twelve month high of $50.78. 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's 50 day moving average is $40.80 and its two-hundred day moving average is $36.53.

Sensata Technologies (NYSE:ST - Get Free Report) last released its earnings results on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 earnings per share for the quarter. The company 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%. Analysts anticipate that Sensata Technologies Holding N.V. will post 3.73 EPS for the current year.

Sensata Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 13th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, May 13th. Sensata Technologies's payout ratio is currently 154.84%.

Insider Activity at Sensata Technologies

In other Sensata Technologies news, EVP Lynne J. Caljouw sold 2,913 shares of Sensata Technologies stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $34.71, for a total transaction of $101,110.23. Following the completion of the sale, the executive vice president directly owned 72,842 shares in the company, valued at approximately $2,528,345.82. The trade was a 3.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP David K. Stott sold 6,335 shares of Sensata Technologies stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $47.40, for a total transaction of $300,279.00. Following the sale, the executive vice president owned 39,687 shares of the company's stock, valued at approximately $1,881,163.80. The trade was a 13.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 11,728 shares of company stock valued at $486,949. Company insiders own 0.65% of the company's stock.

Analyst Upgrades and Downgrades

ST has been the subject of a number of recent analyst reports. Barclays lifted their price target on shares of Sensata Technologies from $48.00 to $49.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 29th. Weiss Ratings raised shares of Sensata Technologies from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Monday, March 2nd. Robert W. Baird boosted their price objective on shares of Sensata Technologies from $39.00 to $40.00 and gave the stock a "neutral" rating in a research note on Friday, February 20th. The Goldman Sachs Group boosted their price objective on shares of Sensata Technologies from $48.00 to $60.00 and gave the stock a "buy" rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Sensata Technologies from $32.00 to $34.00 and gave the stock an "underweight" rating in a research note on Monday, February 23rd. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Sensata Technologies currently has an average rating of "Hold" and an average price target of $45.80.

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.

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