Sensata Technologies Holding N.V. (NYSE:ST) Short Interest Up 12.8% in April

Sensata Technologies Holding N.V. (NYSE:ST) was the target of a large increase in short interest in April. As of April 15th, there was short interest totaling 7,313,264 shares, an increase of 12.8% from the March 31st total of 6,484,576 shares. Based on an average daily trading volume, of 1,470,770 shares, the short-interest ratio is presently 5.0 days. Approximately 5.1% of the shares of the stock are short sold.

Insider Buying and Selling

In other Sensata Technologies news, EVP Lynne J. Caljouw sold 2,913 shares of the business’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $34.71, for a total value of $101,110.23. Following the completion of the transaction, the executive vice president owned 72,842 shares of the company’s stock, valued at $2,528,345.82. The trade was a 3.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders have sold 7,889 shares of company stock valued at $280,345. 0.89% of the stock is owned by insiders.

Institutional Investors Weigh In On Sensata Technologies

A number of institutional investors have recently made changes to their positions in the business. Fifth Third Bancorp boosted its stake in shares of Sensata Technologies by 1.0% in the 1st quarter. Fifth Third Bancorp now owns 27,782 shares of the scientific and technical instruments company’s stock valued at $978,000 after purchasing an additional 268 shares in the last quarter. UMB Bank n.a. boosted its position in Sensata Technologies by 20.5% during the 4th quarter. UMB Bank n.a. now owns 1,678 shares of the scientific and technical instruments company’s stock valued at $56,000 after buying an additional 286 shares during the period. Root Financial Partners LLC boosted its position in Sensata Technologies by 62.5% during the 1st quarter. Root Financial Partners LLC now owns 913 shares of the scientific and technical instruments company’s stock valued at $32,000 after buying an additional 351 shares during the period. Inscription Capital LLC boosted its position in Sensata Technologies by 1.4% during the 4th quarter. Inscription Capital LLC now owns 27,946 shares of the scientific and technical instruments company’s stock valued at $930,000 after buying an additional 393 shares during the period. Finally, Quadrant Capital Group LLC boosted its position in Sensata Technologies by 3.8% during the 3rd quarter. Quadrant Capital Group LLC now owns 10,981 shares of the scientific and technical instruments company’s stock valued at $335,000 after buying an additional 397 shares during the period. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Sensata Technologies Price Performance

Shares of Sensata Technologies stock opened at $42.21 on Friday. Sensata Technologies has a 52-week low of $21.39 and a 52-week high of $42.55. The stock has a market capitalization of $6.14 billion, a price-to-earnings ratio of 136.15, a price-to-earnings-growth ratio of 1.22 and a beta of 1.21. The company has a fifty day moving average of $36.89 and a 200-day moving average of $34.66. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.78 and a current ratio of 2.75.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings data on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter. Sensata Technologies had a net margin of 1.28% and a return on equity of 18.23%. The company had revenue of $934.80 million during the quarter. Equities research analysts expect that Sensata Technologies will post 3.72 EPS for the current year.

Sensata Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.1%. Sensata Technologies’s dividend payout ratio is 154.84%.

Analyst Ratings Changes

A number of equities analysts have commented on ST shares. JPMorgan Chase & Co. boosted their price target on shares of Sensata Technologies from $32.00 to $34.00 and gave the stock an “underweight” rating in a research note on Monday, February 23rd. Wells Fargo & Company boosted their price target on shares of Sensata Technologies from $37.00 to $42.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Wall Street Zen cut shares of Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday. The Goldman Sachs Group boosted their price target on shares of Sensata Technologies from $43.00 to $48.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Bank of America boosted their price target on shares of Sensata Technologies from $37.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $43.10.

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.