Thrivent Financial for Lutherans Boosts Holdings in Sensata Technologies Holding N.V. $ST

Thrivent Financial for Lutherans lifted its holdings in Sensata Technologies Holding N.V. (NYSE:ST) by 70.6% in the third quarter, HoldingsChannel reports. The fund owned 59,260 shares of the scientific and technical instruments company’s stock after buying an additional 24,527 shares during the period. Thrivent Financial for Lutherans’ holdings in Sensata Technologies were worth $1,811,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

A number of equities analysts have commented on ST shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Sensata Technologies in a research note on Monday, December 29th. Barclays lowered their price target on shares of Sensata Technologies from $43.00 to $40.00 and set an “overweight” rating for the company in a report on Monday, January 12th. Wells Fargo & Company raised their price target on shares of Sensata Technologies from $34.00 to $37.00 and gave the stock an “equal weight” rating in a report on Monday, January 12th. Oppenheimer reaffirmed an “outperform” rating and set a $43.00 price objective on shares of Sensata Technologies in a research note on Wednesday, December 17th. Finally, Evercore set a $32.00 target price on shares of Sensata Technologies in a report on Wednesday, October 29th. 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 company. According to data from MarketBeat, Sensata Technologies presently has a consensus rating of “Hold” and a consensus price target of $36.10.

Sensata Technologies Price Performance

Shares of NYSE ST opened at $37.25 on Thursday. Sensata Technologies Holding N.V. has a 1 year low of $17.32 and a 1 year high of $37.41. The stock has a market capitalization of $5.43 billion, a P/E ratio of -186.22, a P/E/G ratio of 1.37 and a beta of 1.16. The company’s 50-day moving average is $34.69 and its 200 day moving average is $32.51. 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 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 25th. Stockholders of record on Wednesday, February 11th will be given a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $0.48 annualized dividend and a dividend yield of 1.3%. Sensata Technologies’s dividend payout ratio is currently -240.00%.

Insider Activity at Sensata Technologies

In related news, Director Ali John Mirshekari sold 125,939 shares of Sensata Technologies stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $28.83, for a total transaction of $3,630,821.37. Following the sale, the director directly owned 142,371 shares in the company, valued at $4,104,555.93. The trade was a 46.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last three months, insiders sold 268,310 shares of company stock valued at $7,750,455. Company insiders own 0.89% of the company’s stock.

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.