Sensata Technologies Holding (ST) Shares Sold by LPL Financial LLC

LPL Financial LLC decreased its stake in Sensata Technologies Holding (NYSE:ST) by 31.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,766 shares of the scientific and technical instruments company’s stock after selling 10,828 shares during the period. LPL Financial LLC’s holdings in Sensata Technologies were worth $1,215,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. TIAA CREF Investment Management LLC grew its holdings in shares of Sensata Technologies by 3.3% during the 4th quarter. TIAA CREF Investment Management LLC now owns 538,389 shares of the scientific and technical instruments company’s stock valued at $27,517,000 after purchasing an additional 17,183 shares during the last quarter. Teachers Advisors LLC grew its holdings in shares of Sensata Technologies by 43.7% during the 4th quarter. Teachers Advisors LLC now owns 276,182 shares of the scientific and technical instruments company’s stock valued at $14,116,000 after purchasing an additional 83,960 shares during the last quarter. Raymond James & Associates grew its holdings in shares of Sensata Technologies by 3.9% during the 4th quarter. Raymond James & Associates now owns 295,526 shares of the scientific and technical instruments company’s stock valued at $15,104,000 after purchasing an additional 10,988 shares during the last quarter. California State Teachers Retirement System grew its holdings in shares of Sensata Technologies by 0.6% during the 4th quarter. California State Teachers Retirement System now owns 291,323 shares of the scientific and technical instruments company’s stock valued at $14,890,000 after purchasing an additional 1,819 shares during the last quarter. Finally, Two Sigma Investments LP bought a new position in shares of Sensata Technologies during the 4th quarter valued at $12,631,000.

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In other news, EVP Jeffrey J. Cote sold 5,000 shares of the firm’s stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $54.50, for a total value of $272,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Steven Beringhause sold 3,720 shares of the firm’s stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $54.85, for a total transaction of $204,042.00. The disclosure for this sale can be found here. In the last three months, insiders sold 13,720 shares of company stock worth $738,942. Insiders own 1.00% of the company’s stock.

Shares of Sensata Technologies stock opened at $50.90 on Monday. The firm has a market capitalization of $8,724.87, a price-to-earnings ratio of 15.96, a PEG ratio of 1.39 and a beta of 1.51. Sensata Technologies Holding has a 12-month low of $38.71 and a 12-month high of $57.40. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.23 and a current ratio of 2.94.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings results on Thursday, February 1st. The scientific and technical instruments company reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.02. The business had revenue of $840.53 million for the quarter, compared to analyst estimates of $822.31 million. Sensata Technologies had a net margin of 12.35% and a return on equity of 25.40%. The company’s revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.76 EPS. research analysts expect that Sensata Technologies Holding will post 3.66 earnings per share for the current fiscal year.

Several research firms recently commented on ST. Zacks Investment Research lowered shares of Sensata Technologies from a “buy” rating to a “hold” rating in a report on Thursday. Barclays increased their target price on shares of Sensata Technologies from $58.00 to $61.00 and gave the company an “overweight” rating in a report on Friday, February 2nd. Morgan Stanley increased their target price on shares of Sensata Technologies from $53.00 to $55.00 and gave the company an “equal weight” rating in a report on Friday, February 2nd. ValuEngine raised shares of Sensata Technologies from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $63.00 target price on shares of Sensata Technologies in a report on Thursday, February 1st. Seven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $56.58.

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About Sensata Technologies

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 (NYSE:ST)

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