Y Intercept Hong Kong Ltd Buys Shares of 88,643 Sensata Technologies Holding N.V. $ST

Y Intercept Hong Kong Ltd bought a new position in Sensata Technologies Holding N.V. (NYSE:ST) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 88,643 shares of the scientific and technical instruments company’s stock, valued at approximately $2,708,000. Y Intercept Hong Kong Ltd owned about 0.06% of Sensata Technologies at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in ST. First Horizon Corp bought a new position in Sensata Technologies in the 3rd quarter worth approximately $29,000. Hantz Financial Services Inc. boosted its position in Sensata Technologies by 446.2% during the 2nd quarter. Hantz Financial Services Inc. now owns 994 shares of the scientific and technical instruments company’s stock worth $30,000 after acquiring an additional 812 shares during the period. True Wealth Design LLC grew its stake in shares of Sensata Technologies by 62.6% in the third quarter. True Wealth Design LLC now owns 1,135 shares of the scientific and technical instruments company’s stock worth $35,000 after purchasing an additional 437 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Sensata Technologies by 244.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,178 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 836 shares during the period. Finally, SJS Investment Consulting Inc. raised its stake in shares of Sensata Technologies by 15,787.5% during the third quarter. SJS Investment Consulting Inc. now owns 1,271 shares of the scientific and technical instruments company’s stock valued at $39,000 after purchasing an additional 1,263 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.

Analyst Ratings Changes

ST has been the subject of a number of recent analyst reports. Evercore ISI set a $32.00 target price on shares of Sensata Technologies in a research report on Wednesday, October 29th. 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 note on Monday, January 12th. Weiss Ratings reiterated a “sell (d)” rating on shares of Sensata Technologies in a research note on Monday, December 29th. Wells Fargo & Company upped their target price on Sensata Technologies from $34.00 to $37.00 and gave the stock an “equal weight” rating in a research report on Monday, January 12th. Finally, Oppenheimer reiterated an “outperform” rating and set a $43.00 price target on shares of Sensata Technologies in a research report on Wednesday, December 17th. Four 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, Sensata Technologies has a consensus rating of “Hold” and an average target price of $36.10.

Insiders Place Their Bets

In related news, EVP David K. Stott sold 839 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $30.80, for a total value of $25,841.20. Following the completion of the transaction, the executive vice president owned 35,444 shares of the company’s stock, valued at approximately $1,091,675.20. This trade represents a 2.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Lynne J. Caljouw sold 3,207 shares of Sensata Technologies stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $32.45, for a total transaction of $104,067.15. Following the transaction, the executive vice president owned 66,536 shares in the company, valued at approximately $2,159,093.20. The trade was a 4.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 272,356 shares of company stock worth $7,880,364. Company insiders own 0.89% of the company’s stock.

Sensata Technologies Price Performance

Shares of NYSE:ST opened at $35.14 on Wednesday. The company has a market capitalization of $5.12 billion, a PE ratio of -177.04, a price-to-earnings-growth ratio of 1.32 and a beta of 1.15. The company has a debt-to-equity ratio of 1.18, a quick ratio of 2.10 and a current ratio of 2.91. The stock has a fifty day moving average of $33.72 and a 200-day moving average of $32.23. Sensata Technologies Holding N.V. has a one year low of $17.32 and a one year high of $36.25.

Sensata Technologies (NYSE:ST) last announced its earnings results on Tuesday, October 28th. The scientific and technical instruments company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.04. Sensata Technologies had a positive return on equity of 17.22% and a negative net margin of 0.71%.The company had revenue of $931.98 million for the quarter, compared to analyst estimates of $918.83 million. During the same period in the previous year, the firm earned $0.86 earnings per share. Sensata Technologies’s revenue for the quarter was down 5.2% compared to the same quarter last year. As a group, equities analysts anticipate that Sensata Technologies Holding N.V. will post 3.21 EPS for the current fiscal year.

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.