Seizert Capital Partners LLC Grows Position in Sensata Technologies Holding N.V. $ST

Key Points

• Seizert Capital Partners LLC raised its stake in Sensata Technologies (NYSE:ST) by 99.1% in Q4 to 121,530 shares worth about $4.05 million, representing roughly 0.08% of the company.
• Several analysts have bumped up price targets (UBS to $48, Oppenheimer to $55), but the consensus remains a Hold with an average price target of $43.10.
• Insiders sold 7,889 shares over the last quarter (EVP sold 2,913), and Sensata announced a $0.12 quarterly dividend (1.1% yield) with a high payout ratio of 154.8%, which may raise sustainability concerns.

Seizert Capital Partners LLC raised its position in Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 99.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 121,530 shares of the scientific and technical instruments company's stock after acquiring an additional 60,478 shares during the quarter. Seizert Capital Partners LLC owned approximately 0.08% of Sensata Technologies worth $4,046,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Smartleaf Asset Management LLC lifted its position in shares of Sensata Technologies by 659.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 904 shares of the scientific and technical instruments company's stock worth $27,000 after purchasing an additional 785 shares during the last quarter. First Horizon Corp purchased a new stake in Sensata Technologies during the 3rd quarter worth about $29,000. True Wealth Design LLC boosted its position in shares of Sensata Technologies by 62.6% during the 3rd quarter. True Wealth Design LLC now owns 1,135 shares of the scientific and technical instruments company's stock worth $35,000 after acquiring an additional 437 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Sensata Technologies by 244.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,178 shares of the scientific and technical instruments company's stock valued at $35,000 after acquiring an additional 836 shares during the last quarter. Finally, SJS Investment Consulting Inc. raised its position in shares of Sensata Technologies by 15,787.5% during the 3rd quarter. SJS Investment Consulting Inc. now owns 1,271 shares of the scientific and technical instruments company's stock worth $39,000 after acquiring an additional 1,263 shares in the last quarter. 99.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on ST shares. Wall Street Zen downgraded Sensata Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday. Robert W. Baird upped their target price on shares of Sensata Technologies from $39.00 to $40.00 and gave the company a "neutral" rating in a report on Friday, February 20th. UBS Group increased their target price on shares of Sensata Technologies from $45.00 to $48.00 and gave the company a "buy" rating in a research report on Wednesday, April 29th. Oppenheimer lifted their price target on shares of Sensata Technologies from $50.00 to $55.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 29th. Finally, Wells Fargo & Company upped their price objective on shares of Sensata Technologies from $37.00 to $42.00 and gave the company an "equal weight" rating in a research note on Wednesday, April 29th. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Sensata Technologies currently has an average rating of "Hold" and an average price target of $43.10.

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 value of $101,110.23. Following the completion of the sale, the executive vice president directly owned 72,842 shares of the company's stock, valued at approximately $2,528,345.82. The trade was a 3.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 7,889 shares of company stock worth $280,345 over the last quarter. 0.89% of the stock is owned by company insiders.

Sensata Technologies Stock Performance

Shares of ST stock opened at $42.21 on Monday. The stock has a fifty day moving average price of $36.89 and a 200 day moving average price of $34.68. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.95 and a current ratio of 2.75. The stock has a market cap of $6.14 billion, a PE ratio of 136.15, a P/E/G ratio of 1.22 and a beta of 1.21. Sensata Technologies Holding N.V. has a 1 year low of $21.39 and a 1 year high of $42.55.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its quarterly earnings results on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 earnings per share for the quarter. Sensata Technologies had a return on equity of 18.23% and a net margin of 1.28%.The business had revenue of $934.80 million during the quarter. Sell-side analysts forecast that Sensata Technologies Holding N.V. will post 3.72 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, May 27th. Investors of record on Wednesday, May 13th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.1%. Sensata Technologies's dividend payout ratio is presently 154.84%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.