Sensata Technologies Holding N.V. $ST Stock Holdings Lifted by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of Sensata Technologies Holding N.V. (NYSE:ST) by 681.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 40,932 shares of the scientific and technical instruments company’s stock after acquiring an additional 35,691 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Sensata Technologies were worth $1,250,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Sensata Technologies during the third quarter worth $1,163,000. Teacher Retirement System of Texas increased its stake in Sensata Technologies by 35.3% in the 3rd quarter. Teacher Retirement System of Texas now owns 37,567 shares of the scientific and technical instruments company’s stock worth $1,148,000 after purchasing an additional 9,800 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in Sensata Technologies by 9.0% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 84,246 shares of the scientific and technical instruments company’s stock worth $2,574,000 after buying an additional 6,991 shares during the period. Chicago Partners Investment Group LLC lifted its stake in Sensata Technologies by 36.5% during the third quarter. Chicago Partners Investment Group LLC now owns 14,587 shares of the scientific and technical instruments company’s stock valued at $450,000 after buying an additional 3,904 shares in the last quarter. Finally, Seizert Capital Partners LLC acquired a new position in shares of Sensata Technologies in the third quarter worth about $1,865,000. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Sensata Technologies

In other news, Director Ali John Mirshekari sold 125,939 shares of the stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $28.83, for a total transaction of $3,630,821.37. Following the transaction, the director owned 142,371 shares in the company, valued at $4,104,555.93. This represents a 46.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP David K. Stott sold 839 shares of Sensata Technologies stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $30.80, for a total transaction of $25,841.20. Following the completion of the sale, the executive vice president directly owned 35,444 shares of the company’s stock, valued at approximately $1,091,675.20. The trade was a 2.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 269,149 shares of company stock worth $7,776,297. Insiders own 0.89% of the company’s stock.

Sensata Technologies Stock Performance

Shares of NYSE ST opened at $34.58 on Friday. The company has a debt-to-equity ratio of 1.18, a current ratio of 2.91 and a quick ratio of 2.10. Sensata Technologies Holding N.V. has a one year low of $17.32 and a one year high of $36.25. The business’s 50-day moving average price is $34.04 and its two-hundred day moving average price is $32.29. The company has a market capitalization of $5.04 billion, a P/E ratio of -172.89, a price-to-earnings-growth ratio of 1.32 and a beta of 1.15.

Sensata Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 25th. Investors of record on Wednesday, February 11th will be issued a $0.12 dividend. The ex-dividend date is Wednesday, February 11th. This represents a $0.48 dividend on an annualized basis and a yield of 1.4%. Sensata Technologies’s dividend payout ratio is currently -240.00%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ST shares. Barclays reduced their price target on shares of Sensata Technologies from $43.00 to $40.00 and set an “overweight” rating for the company in a research report on Monday, January 12th. Evercore ISI set a $32.00 target price on Sensata Technologies in a report on Wednesday, October 29th. Oppenheimer reaffirmed an “outperform” rating and issued a $43.00 target price on shares of Sensata Technologies in a research report on Wednesday, December 17th. Weiss Ratings reissued a “sell (d)” rating on shares of Sensata Technologies in a research report on Monday, December 29th. Finally, Wells Fargo & Company increased their price objective on Sensata Technologies from $34.00 to $37.00 and gave the stock an “equal weight” rating in a research note on Monday, January 12th. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $36.10.

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.