Regents Gate Capital LLP Buys New Shares in Sensata Technologies Holding N.V. (NYSE:ST)

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

Other large investors have also made changes to their positions in the company. Jones Financial Companies Lllp raised its position in Sensata Technologies by 9.4% during the fourth quarter. Jones Financial Companies Lllp now owns 7,751 shares of the scientific and technical instruments company's stock valued at $212,000 after purchasing an additional 668 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Sensata Technologies by 1.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,060,537 shares of the scientific and technical instruments company's stock valued at $29,059,000 after buying an additional 19,233 shares during the last quarter. Arizona State Retirement System grew its stake in shares of Sensata Technologies by 0.9% during the fourth quarter. Arizona State Retirement System now owns 43,810 shares of the scientific and technical instruments company's stock valued at $1,200,000 after buying an additional 405 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Sensata Technologies during the fourth quarter valued at approximately $5,639,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Sensata Technologies by 6.7% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 36,396 shares of the scientific and technical instruments company's stock valued at $997,000 after buying an additional 2,281 shares during the last quarter. 99.42% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Sensata Technologies news, Director Andrew C. Teich purchased 9,925 shares of the business's stock in a transaction that occurred on Friday, May 23rd. The stock was acquired at an average cost of $25.19 per share, with a total value 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 represents a 31.82% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.89% of the stock is owned by corporate insiders.

Sensata Technologies Stock Performance

ST stock opened at $32.09 on Wednesday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.81 and a current ratio of 2.64. The stock has a market capitalization of $4.69 billion, a price-to-earnings ratio of 39.62, a PEG ratio of 1.36 and a beta of 1.13. Sensata Technologies Holding N.V. has a 1 year low of $17.32 and a 1 year high of $42.33. The stock's fifty day moving average is $27.20 and its two-hundred day moving average is $26.34.

Sensata Technologies (NYSE:ST - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The scientific and technical instruments company reported $0.78 EPS for the quarter, topping 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 firm had revenue of $911.26 million for the quarter, compared to the consensus estimate of $878.39 million. During the same quarter in the prior year, the company posted $0.89 earnings per share. The firm's revenue was down 9.5% on a year-over-year basis. On average, research analysts predict that Sensata Technologies Holding N.V. will post 3.21 EPS for the current year.

Sensata Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th were issued a $0.12 dividend. The ex-dividend date was Wednesday, May 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.50%. Sensata Technologies's dividend payout ratio is 59.26%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on ST shares. Robert W. Baird dropped their price objective on Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 15th. JPMorgan Chase & Co. decreased their price objective on Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating for the company in a report on Thursday, April 17th. The Goldman Sachs Group raised their target price on Sensata Technologies from $27.00 to $30.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. Wall Street Zen downgraded Sensata Technologies from a "buy" rating to a "hold" rating in a research report on Sunday, June 1st. Finally, Wells Fargo & Company raised their target price on Sensata Technologies from $26.00 to $30.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 1st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, Sensata Technologies presently has an average rating of "Hold" and an average price target of $34.42.

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.

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