Advisors Capital Management LLC Sells 9,601 Shares of Sensata Technologies Holding N.V. (NYSE:ST)

Advisors Capital Management LLC cut its holdings in shares of Sensata Technologies Holding N.V. (NYSE:ST) by 10.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 85,941 shares of the scientific and technical instruments company’s stock after selling 9,601 shares during the period. Advisors Capital Management LLC owned about 0.05% of Sensata Technologies Holding N.V. worth $4,132,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of ST. JPMorgan Chase & Co. lifted its position in Sensata Technologies Holding N.V. by 2.7% during the first quarter. JPMorgan Chase & Co. now owns 54,854 shares of the scientific and technical instruments company’s stock valued at $2,397,000 after purchasing an additional 1,444 shares during the period. SG Americas Securities LLC increased its holdings in Sensata Technologies Holding N.V. by 23.8% in the first quarter. SG Americas Securities LLC now owns 6,298 shares of the scientific and technical instruments company’s stock valued at $275,000 after buying an additional 1,209 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in Sensata Technologies Holding N.V. by 6.1% in the first quarter. PNC Financial Services Group Inc. now owns 16,940 shares of the scientific and technical instruments company’s stock valued at $740,000 after buying an additional 976 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Sensata Technologies Holding N.V. by 7.9% in the first quarter. Dimensional Fund Advisors LP now owns 883,974 shares of the scientific and technical instruments company’s stock valued at $38,605,000 after buying an additional 64,591 shares in the last quarter. Finally, Morgan Stanley increased its holdings in Sensata Technologies Holding N.V. by 12.7% in the first quarter. Morgan Stanley now owns 71,485 shares of the scientific and technical instruments company’s stock valued at $3,122,000 after buying an additional 8,077 shares in the last quarter.



COPYRIGHT VIOLATION WARNING: “Advisors Capital Management LLC Sells 9,601 Shares of Sensata Technologies Holding N.V. (NYSE:ST)” was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The original version of this news story can be accessed at https://www.dispatchtribunal.com/2017/11/11/advisors-capital-management-llc-has-4-13-million-stake-in-sensata-technologies-holding-n-v-st.html.

A number of research analysts have weighed in on the stock. Stifel Nicolaus reaffirmed a “buy” rating and issued a $55.00 price objective on shares of Sensata Technologies Holding N.V. in a report on Thursday, October 26th. Citigroup Inc. lifted their price objective on shares of Sensata Technologies Holding N.V. from $49.00 to $55.00 and gave the company a “neutral” rating in a report on Wednesday, October 25th. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating on shares of Sensata Technologies Holding N.V. in a report on Tuesday, October 24th. Zacks Investment Research cut shares of Sensata Technologies Holding N.V. from a “buy” rating to a “hold” rating in a report on Tuesday, October 24th. Finally, Barclays PLC lifted their price objective on shares of Sensata Technologies Holding N.V. from $52.00 to $53.00 and gave the company an “overweight” rating in a report on Friday, October 20th. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Sensata Technologies Holding N.V. presently has a consensus rating of “Buy” and an average target price of $51.00.

Sensata Technologies Holding N.V. (NYSE:ST) traded down $0.02 during mid-day trading on Friday, hitting $47.89. 669,300 shares of the stock were exchanged, compared to its average volume of 1,317,485. The stock has a market capitalization of $8,206.81, a PE ratio of 15.51, a P/E/G ratio of 1.51 and a beta of 1.46. The company has a quick ratio of 2.04, a current ratio of 2.76 and a debt-to-equity ratio of 1.49. Sensata Technologies Holding N.V. has a twelve month low of $36.32 and a twelve month high of $50.83.

Sensata Technologies Holding N.V. (NYSE:ST) last released its earnings results on Tuesday, October 24th. The scientific and technical instruments company reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. The business had revenue of $819.10 million during the quarter, compared to analysts’ expectations of $803.14 million. Sensata Technologies Holding N.V. had a net margin of 9.39% and a return on equity of 25.75%. The company’s quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.74 earnings per share. equities research analysts expect that Sensata Technologies Holding N.V. will post 3.17 earnings per share for the current year.

In other news, COO Jeffrey J. Cote sold 26,689 shares of the business’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $48.05, for a total transaction of $1,282,406.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 80,000 shares of company stock valued at $3,870,245 in the last three months. Corporate insiders own 1.00% of the company’s stock.

About Sensata Technologies Holding N.V.

Sensata Technologies Holding N.V. is an industrial technology company. The Company is engaged in the development, manufacture, and sale of sensors and controls. The Company operates through two segments: Performance Sensing and Sensing Solutions. It produces a range of sensors and controls for applications, such as pressure sensors in automotive systems, thermal circuit breakers in aircraft, and bimetal current and temperature control devices.

Institutional Ownership by Quarter for Sensata Technologies Holding N.V. (NYSE:ST)

Receive News & Ratings for Sensata Technologies Holding N.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensata Technologies Holding N.V. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply