15,934 Shares in Sensata Technologies Holding N.V. (NYSE:ST) Purchased by Simon Quick Advisors LLC

Simon Quick Advisors LLC purchased a new stake in shares of Sensata Technologies Holding N.V. (NYSE:ST - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 15,934 shares of the scientific and technical instruments company's stock, valued at approximately $387,000.

Other institutional investors have also made changes to their positions in the company. Brown Brothers Harriman & Co. purchased a new position in shares of Sensata Technologies during the 4th quarter worth approximately $27,000. Blue Trust Inc. lifted its stake in Sensata Technologies by 1,071.2% during the fourth quarter. Blue Trust Inc. now owns 1,300 shares of the scientific and technical instruments company's stock worth $36,000 after purchasing an additional 1,189 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of Sensata Technologies by 278.8% during 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 during the period. UMB Bank n.a. grew its stake 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 valued at $45,000 after buying an additional 981 shares in the last quarter. Finally, Venturi Wealth Management LLC raised its holdings in shares of Sensata Technologies by 67.6% in the 4th quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company's stock valued at $56,000 after buying an additional 817 shares during the period. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Andrew C. Teich purchased 9,925 shares of the firm's stock in a transaction that occurred on Friday, May 23rd. The stock was purchased 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 now directly owns 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 acquisition was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.89% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on ST shares. UBS Group lowered their target price on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Evercore ISI cut 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 report on Thursday, April 3rd. JPMorgan Chase & Co. reduced their target price on shares of Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating on the stock in a report on Thursday, April 17th. Wall Street Zen downgraded 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 increased their price objective on Sensata Technologies from $27.00 to $30.00 and gave the company a "buy" rating in a research note on Friday, May 9th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Sensata Technologies presently has an average rating of "Hold" and an average target price of $34.08.

Sensata Technologies Stock Up 2.1%

Shares of NYSE ST traded up $0.58 during midday trading on Wednesday, hitting $28.39. 571,521 shares of the company's stock were exchanged, compared to its average volume of 1,686,723. The firm's fifty day simple moving average is $24.17 and its 200-day simple moving average is $26.34. The company has a market cap of $4.15 billion, a PE ratio of 34.97, a P/E/G ratio of 1.23 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 current ratio of 2.64 and a quick ratio of 1.81.

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 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 prior year, the firm posted $0.89 earnings per share. Sensata Technologies's revenue for the quarter was down 9.5% on a year-over-year basis. Research analysts predict that Sensata Technologies Holding N.V. will post 3.21 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date was Wednesday, May 14th. Sensata Technologies's dividend payout ratio is currently 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.