Robeco Institutional Asset Management B.V. Cuts Holdings in Sensata Technologies Holding N.V. (NYSE:ST)

Robeco Institutional Asset Management B.V. trimmed its position in Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 82.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,624 shares of the scientific and technical instruments company's stock after selling 39,775 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Sensata Technologies were worth $209,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Brown Brothers Harriman & Co. purchased a new stake in shares of Sensata Technologies in the fourth quarter worth about $27,000. Parallel Advisors LLC lifted its position in shares of Sensata Technologies by 278.8% in the first quarter. Parallel Advisors LLC now owns 1,519 shares of the scientific and technical instruments company's stock worth $37,000 after buying an additional 1,118 shares in the last quarter. UMB Bank n.a. lifted its position in shares of Sensata Technologies by 110.0% in the first quarter. UMB Bank n.a. now owns 1,873 shares of the scientific and technical instruments company's stock worth $45,000 after buying an additional 981 shares in the last quarter. Headlands Technologies LLC lifted its position in shares of Sensata Technologies by 524.8% in the fourth quarter. Headlands Technologies LLC now owns 2,768 shares of the scientific and technical instruments company's stock worth $76,000 after buying an additional 2,325 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of Sensata Technologies by 578.0% in the first quarter. GAMMA Investing LLC now owns 2,922 shares of the scientific and technical instruments company's stock worth $71,000 after buying an additional 2,491 shares in the last quarter. 99.42% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Sensata Technologies

In other news, Director Andrew C. Teich acquired 9,925 shares of the company's stock in a transaction that occurred on Friday, May 23rd. The shares were bought at an average price of $25.19 per share, with a total value of $250,010.75. Following the completion of the purchase, the director directly owned 41,117 shares in the company, valued at $1,035,737.23. This trade represents a 31.82% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.89% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. The Goldman Sachs Group boosted their price objective on Sensata Technologies from $27.00 to $30.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. JPMorgan Chase & Co. reduced their price objective on 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 reduced their price objective on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Robert W. Baird reduced 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. Finally, Wells Fargo & Company boosted their price objective on Sensata Technologies from $26.00 to $30.00 and gave the stock an "equal weight" rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $34.42.

Sensata Technologies Trading Up 3.2%

ST opened at $32.08 on Thursday. The stock has a market cap of $4.69 billion, a price-to-earnings ratio of 39.61, a P/E/G ratio of 1.34 and a beta of 1.13. The stock's 50 day moving average price is $26.35 and its 200-day moving average price is $26.25. Sensata Technologies Holding N.V. has a one year low of $17.32 and a one year high of $42.33. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.81 and a current ratio of 2.64.

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

Sensata Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th were paid a dividend of $0.12 per share. 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%.

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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