Sensata Technologies Holding PLC (ST) Position Boosted by Logan Capital Management Inc.

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Logan Capital Management Inc. lifted its holdings in shares of Sensata Technologies Holding PLC (NYSE:ST) by 4.5% in the fourth quarter, HoldingsChannel reports. The fund owned 11,053 shares of the scientific and technical instruments company’s stock after purchasing an additional 473 shares during the period. Logan Capital Management Inc.’s holdings in Sensata Technologies were worth $496,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in ST. Man Group plc raised its holdings in Sensata Technologies by 327.8% in the third quarter. Man Group plc now owns 60,828 shares of the scientific and technical instruments company’s stock worth $3,014,000 after purchasing an additional 46,610 shares in the last quarter. Teachers Advisors LLC grew its stake in shares of Sensata Technologies by 5.4% in the third quarter. Teachers Advisors LLC now owns 425,990 shares of the scientific and technical instruments company’s stock worth $21,108,000 after acquiring an additional 21,838 shares during the last quarter. Courant Investment Management LLC purchased a new stake in shares of Sensata Technologies in the fourth quarter worth $3,811,000. Credit Suisse AG grew its stake in shares of Sensata Technologies by 5.4% in the third quarter. Credit Suisse AG now owns 182,597 shares of the scientific and technical instruments company’s stock worth $9,047,000 after acquiring an additional 9,423 shares during the last quarter. Finally, Beese Fulmer Investment Management Inc. grew its stake in shares of Sensata Technologies by 3.0% in the fourth quarter. Beese Fulmer Investment Management Inc. now owns 100,801 shares of the scientific and technical instruments company’s stock worth $4,517,000 after acquiring an additional 2,940 shares during the last quarter. Institutional investors own 92.87% of the company’s stock.

ST stock opened at $46.37 on Thursday. Sensata Technologies Holding PLC has a fifty-two week low of $40.78 and a fifty-two week high of $56.28. The company has a debt-to-equity ratio of 1.25, a quick ratio of 2.23 and a current ratio of 3.00. The stock has a market capitalization of $8.20 billion, a price-to-earnings ratio of 12.70, a PEG ratio of 1.02 and a beta of 1.31.

Sensata Technologies (NYSE:ST) last posted its earnings results on Wednesday, February 6th. The scientific and technical instruments company reported $0.95 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.04). Sensata Technologies had a net margin of 17.01% and a return on equity of 24.94%. The firm had revenue of $847.90 million during the quarter, compared to the consensus estimate of $866.27 million. During the same period in the prior year, the company posted $0.87 EPS. The firm’s revenue was up .9% compared to the same quarter last year. On average, equities analysts predict that Sensata Technologies Holding PLC will post 3.99 earnings per share for the current year.

In other news, EVP Steven Beringhause sold 60,000 shares of the firm’s stock in a transaction dated Friday, February 22nd. The stock was sold at an average price of $50.96, for a total value of $3,057,600.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Jeffrey J. Cote sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, February 20th. The stock was sold at an average price of $50.00, for a total value of $250,000.00. The disclosure for this sale can be found here. In the last three months, insiders sold 165,000 shares of company stock worth $8,073,600. 2.00% of the stock is owned by corporate insiders.

ST has been the topic of a number of recent research reports. Barclays set a $51.00 target price on Sensata Technologies and gave the stock a “buy” rating in a research note on Friday, January 4th. Jefferies Financial Group initiated coverage on Sensata Technologies in a research note on Tuesday, December 4th. They issued a “buy” rating and a $59.00 target price on the stock. SunTrust Banks increased their target price on Sensata Technologies to $54.00 and gave the stock a “hold” rating in a research note on Thursday, February 7th. ValuEngine cut Sensata Technologies from a “hold” rating to a “sell” rating in a research note on Wednesday. Finally, Zacks Investment Research raised Sensata Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, January 22nd. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $55.00.

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Sensata Technologies Company Profile

Sensata Technologies Holding plc, through its subsidiary, Sensata Technologies Holding N.V., develops, manufactures, and sells a range of sensors and controls in the Americas, Asia, Europe, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures pressure sensors, speed and position sensors, and temperature sensors.

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Institutional Ownership by Quarter for Sensata Technologies (NYSE:ST)

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