125,691 Shares in Sensata Technologies Holding N.V. (NYSE:ST) Purchased by Regents Gate Capital LLP

Regents Gate Capital LLP bought a new position in Sensata Technologies Holding N.V. (NYSE:ST - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 125,691 shares of the scientific and technical instruments company's stock, valued at approximately $3,051,000. Sensata Technologies comprises approximately 1.3% of Regents Gate Capital LLP's portfolio, making the stock its 27th largest position. Regents Gate Capital LLP owned approximately 0.08% of Sensata Technologies as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. M&T Bank Corp acquired a new position in Sensata Technologies during the first quarter valued at approximately $397,000. Brown Advisory Inc. lifted its position in Sensata Technologies by 3.1% during the first quarter. Brown Advisory Inc. now owns 1,396,402 shares of the scientific and technical instruments company's stock valued at $33,891,000 after buying an additional 42,423 shares in the last quarter. Crossmark Global Holdings Inc. lifted its position in Sensata Technologies by 184.8% during the first quarter. Crossmark Global Holdings Inc. now owns 49,447 shares of the scientific and technical instruments company's stock valued at $1,200,000 after buying an additional 32,084 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Sensata Technologies by 18.2% during the first quarter. Envestnet Asset Management Inc. now owns 694,814 shares of the scientific and technical instruments company's stock valued at $16,863,000 after buying an additional 107,001 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its position in Sensata Technologies by 0.5% during the first quarter. Principal Financial Group Inc. now owns 344,296 shares of the scientific and technical instruments company's stock valued at $8,356,000 after buying an additional 1,578 shares in the last quarter. 99.42% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Andrew C. Teich purchased 9,925 shares of Sensata Technologies stock in a transaction dated Friday, May 23rd. The stock was bought at an average price of $25.19 per share, with a total value of $250,010.75. Following the completion of the acquisition, the director owned 41,117 shares in the company, valued at $1,035,737.23. The trade was a 31.82% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.89% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Evercore ISI lowered shares of Sensata Technologies from an "outperform" rating to an "inline" rating and dropped their price objective for the company from $40.00 to $27.00 in a research note on Thursday, April 3rd. JPMorgan Chase & Co. dropped their price objective on shares of Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating on the stock in a research note on Thursday, April 17th. UBS Group dropped their price objective on shares of Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Wall Street Zen lowered shares of Sensata Technologies from a "buy" rating to a "hold" rating in a research note on Sunday, June 1st. Finally, The Goldman Sachs Group lifted their price target on shares of Sensata Technologies from $27.00 to $30.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $34.42.

Sensata Technologies Stock Performance

ST stock traded down $0.25 during trading on Friday, hitting $32.09. 1,917,445 shares of the company's stock traded hands, compared to its average volume of 1,659,393. The company has a quick ratio of 1.81, a current ratio of 2.64 and a debt-to-equity ratio of 1.12. Sensata Technologies Holding N.V. has a 52 week low of $17.32 and a 52 week high of $42.33. The stock has a fifty day moving average price of $27.83 and a two-hundred day moving average price of $26.44. The stock has a market capitalization of $4.69 billion, a price-to-earnings ratio of 39.61, a price-to-earnings-growth ratio of 1.38 and a beta of 1.13.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.06. Sensata Technologies had a net margin of 3.19% and a return on equity of 17.12%. The company had revenue of $911.26 million during the quarter, compared to the consensus estimate of $878.39 million. During the same quarter in the previous year, the company posted $0.89 earnings per share. The company's revenue for the quarter was down 9.5% compared to the same quarter last year. As a group, equities analysts anticipate that Sensata Technologies Holding N.V. will post 3.21 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.50%. The ex-dividend date was Wednesday, May 14th. Sensata Technologies's dividend payout ratio (DPR) is 59.26%.

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.