State Street Corp boosted its position in shares of Sensata Technologies Holding NV (NYSE:ST) by 7.6% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 1,451,387 shares of the company’s stock after buying an additional 103,116 shares during the period. State Street Corp owned approximately 0.85% of Sensata Technologies Holding NV worth $56,373,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. OLD National Bancorp IN increased its position in shares of Sensata Technologies Holding NV by 2.1% in the first quarter. OLD National Bancorp IN now owns 6,867 shares of the company’s stock worth $267,000 after buying an additional 143 shares during the period. Fox Run Management L.L.C. acquired a new position in Sensata Technologies Holding NV during the first quarter valued at $330,000. BB&T Securities LLC increased its position in Sensata Technologies Holding NV by 37.5% in the first quarter. BB&T Securities LLC now owns 11,254 shares of the company’s stock valued at $437,000 after buying an additional 3,067 shares during the last quarter. BTC Capital Management Inc. increased its position in Sensata Technologies Holding NV by 73.8% in the first quarter. BTC Capital Management Inc. now owns 14,083 shares of the company’s stock valued at $547,000 after buying an additional 5,981 shares during the last quarter. Finally, Pacad Investment Ltd. acquired a new position in Sensata Technologies Holding NV during the first quarter valued at $937,000.
Shares of Sensata Technologies Holding NV (NYSE:ST) traded down 0.85% during trading on Wednesday, hitting $39.56. 1,712,110 shares of the company’s stock were exchanged. Sensata Technologies Holding NV has a 12-month low of $29.92 and a 12-month high of $52.58. The company has a market cap of $6.75 billion and a P/E ratio of 18.23. The company has a 50-day moving average of $36.13 and a 200-day moving average of $36.20.
Several research analysts have weighed in on the stock. TheStreet upgraded shares of Sensata Technologies Holding NV from a “hold” rating to a “buy” rating in a research report on Tuesday, May 3rd. Oppenheimer Holdings Inc. increased their price target on shares of Sensata Technologies Holding NV from $45.00 to $48.00 and gave the stock an “outperform” rating in a research report on Wednesday. Morgan Stanley reiterated a “hold” rating on shares of Sensata Technologies Holding NV in a research report on Wednesday, April 27th. BMO Capital Markets reiterated a “hold” rating and issued a $38.00 price target on shares of Sensata Technologies Holding NV in a research report on Wednesday. Finally, Citigroup Inc. raised their price objective on shares of Sensata Technologies Holding NV from $38.00 to $45.00 and gave the company a “neutral” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the stock. Sensata Technologies Holding NV presently has an average rating of “Hold” and an average price target of $45.73.
In other news, CEO Martha N. Sullivan sold 120,287 shares of the company’s stock in a transaction on Thursday, April 28th. The shares were sold at an average price of $38.56, for a total value of $4,638,266.72. Following the sale, the chief executive officer now directly owns 397,787 shares of the company’s stock, valued at approximately $15,338,666.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Sensata Technologies Holding N.V. is a global 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. The Company produces a range of sensors and controls for applications, such as thermal circuit breakers in aircraft, pressure sensors in automotive systems, and bimetal current and temperature control devices in electric motors.
