Los Angeles Capital Management LLC Sells 11,864 Shares of Sensata Technologies Holding N.V. $ST

Los Angeles Capital Management LLC reduced its stake in Sensata Technologies Holding N.V. (NYSE:ST) by 6.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 169,317 shares of the scientific and technical instruments company’s stock after selling 11,864 shares during the period. Los Angeles Capital Management LLC owned 0.12% of Sensata Technologies worth $5,496,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Parallel Advisors LLC raised its stake in Sensata Technologies by 62.7% in the fourth quarter. Parallel Advisors LLC now owns 1,072 shares of the scientific and technical instruments company’s stock worth $36,000 after buying an additional 413 shares in the last quarter. Daiwa Securities Group Inc. raised its stake in Sensata Technologies by 4.3% in the fourth quarter. Daiwa Securities Group Inc. now owns 36,461 shares of the scientific and technical instruments company’s stock worth $1,214,000 after buying an additional 1,515 shares in the last quarter. State of Wyoming raised its stake in Sensata Technologies by 30.5% in the fourth quarter. State of Wyoming now owns 15,117 shares of the scientific and technical instruments company’s stock worth $503,000 after buying an additional 3,533 shares in the last quarter. AXQ Capital LP bought a new position in Sensata Technologies in the fourth quarter worth about $509,000. Finally, Guinness Atkinson Asset Management Inc raised its stake in Sensata Technologies by 12.6% in the fourth quarter. Guinness Atkinson Asset Management Inc now owns 25,146 shares of the scientific and technical instruments company’s stock worth $835,000 after buying an additional 2,806 shares in the last quarter. 99.42% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on ST shares. Barclays downgraded shares of Sensata Technologies from an “overweight” rating to an “equal weight” rating and increased their price target for the stock from $49.00 to $53.00 in a research note on Friday, May 29th. Wall Street Zen downgraded shares of Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 2nd. Oppenheimer upped their price objective on shares of Sensata Technologies from $50.00 to $55.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Truist Financial upgraded shares of Sensata Technologies from a “hold” rating to a “buy” rating and upped their price objective for the stock from $43.00 to $58.00 in a report on Wednesday, May 13th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Sensata Technologies in a report on Friday, May 29th. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $47.70.

Insider Buying and Selling

In other news, EVP Lynne J. Caljouw sold 2,913 shares of the stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $34.71, for a total transaction of $101,110.23. Following the sale, the executive vice president owned 72,842 shares in the company, valued at $2,528,345.82. This represents a 3.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP David K. Stott sold 6,335 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $47.40, for a total transaction of $300,279.00. Following the sale, the executive vice president owned 39,687 shares in the company, valued at approximately $1,881,163.80. The trade was a 13.77% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 11,728 shares of company stock worth $486,949. Corporate insiders own 0.65% of the company’s stock.

Sensata Technologies Price Performance

Shares of ST opened at $50.24 on Tuesday. The stock has a market cap of $7.31 billion, a PE ratio of 162.07, a price-to-earnings-growth ratio of 1.44 and a beta of 1.26. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.95 and a current ratio of 2.75. Sensata Technologies Holding N.V. has a fifty-two week low of $26.95 and a fifty-two week high of $53.89. The firm’s 50-day simple moving average is $43.40 and its two-hundred day simple moving average is $37.69.

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 for the quarter. The business had revenue of $934.80 million for the quarter. Sensata Technologies had a net margin of 1.28% and a return on equity of 18.23%. Analysts anticipate that Sensata Technologies Holding N.V. will post 3.73 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th were issued a dividend of $0.12 per share. The ex-dividend date was Wednesday, May 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.0%. Sensata Technologies’s dividend payout ratio is presently 154.84%.

Sensata Technologies Company Profile

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.