GAMMA Investing LLC Has $1.72 Million Holdings in Sensata Technologies Holding N.V. (NYSE:ST)

GAMMA Investing LLC increased its holdings in Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 16,354.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 70,917 shares of the scientific and technical instruments company's stock after buying an additional 70,486 shares during the period. GAMMA Investing LLC's holdings in Sensata Technologies were worth $1,721,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Fuller & Thaler Asset Management Inc. boosted its stake in Sensata Technologies by 96.8% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 5,260,870 shares of the scientific and technical instruments company's stock valued at $144,148,000 after purchasing an additional 2,587,183 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Sensata Technologies by 36.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 7,821,428 shares of the scientific and technical instruments company's stock valued at $214,308,000 after purchasing an additional 2,088,161 shares during the period. Norges Bank acquired a new position in Sensata Technologies during the 4th quarter valued at about $48,580,000. Woodline Partners LP boosted its stake in Sensata Technologies by 65.2% during the 4th quarter. Woodline Partners LP now owns 2,277,826 shares of the scientific and technical instruments company's stock valued at $62,412,000 after purchasing an additional 898,835 shares during the period. Finally, Eminence Capital LP boosted its stake in Sensata Technologies by 25.2% during the 4th quarter. Eminence Capital LP now owns 4,318,718 shares of the scientific and technical instruments company's stock valued at $118,333,000 after purchasing an additional 870,419 shares during the period. 99.42% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Andrew C. Teich purchased 9,925 shares of the business's stock in a transaction dated Friday, May 23rd. The shares were acquired at an average price of $25.19 per share, for a total transaction of $250,010.75. Following the completion of the acquisition, the director now directly owns 41,117 shares of the company's stock, valued at $1,035,737.23. The trade was 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 link. Insiders own 0.89% of the company's stock.

Sensata Technologies Price Performance

Shares of NYSE:ST traded up $0.51 during trading on Wednesday, reaching $28.32. The company had a trading volume of 1,260,569 shares, compared to its average volume of 1,686,488. The firm's fifty day moving average is $24.32 and its 200 day moving average is $26.35. The firm has a market capitalization of $4.14 billion, a PE ratio of 34.97, a price-to-earnings-growth ratio of 1.20 and a beta of 1.10. Sensata Technologies Holding N.V. has a twelve month low of $17.32 and a twelve month 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, topping analysts' consensus estimates of $0.72 by $0.06. Sensata Technologies had a net margin of 3.19% and a return on equity of 17.12%. The business had revenue of $911.26 million for the quarter, compared to the consensus estimate of $878.39 million. During the same period in the previous year, the firm earned $0.89 EPS. The business's revenue for the quarter was down 9.5% on a year-over-year basis. On average, equities analysts forecast that Sensata Technologies Holding N.V. will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

The firm also recently announced 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 of this dividend was Wednesday, May 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.69%. Sensata Technologies's payout ratio is currently 59.26%.

Analyst Ratings Changes

A number of research firms have issued reports on ST. UBS Group reduced their target price on shares of Sensata Technologies from $37.00 to $30.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. The Goldman Sachs Group boosted their target price on shares of Sensata Technologies from $27.00 to $30.00 and gave the company a "buy" rating in a research note on Friday, May 9th. Wall Street Zen lowered shares of Sensata Technologies from a "buy" rating to a "hold" rating in a research note on Sunday, June 1st. JPMorgan Chase & Co. reduced their target price on shares of Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating for the company in a research note on Thursday, April 17th. Finally, Evercore ISI lowered shares of Sensata Technologies from an "outperform" rating to an "inline" rating and reduced their price target for the stock from $40.00 to $27.00 in a research note on Thursday, April 3rd. 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. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $34.08.

Sensata Technologies Profile

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.