Bank of America Corp DE Has $105.51 Million Stake in Sensata Technologies Holding N.V. (ST)

Bank of America Corp DE boosted its stake in shares of Sensata Technologies Holding N.V. (NYSE:ST) by 8.6% during the first quarter, Holdings Channel reports. The fund owned 2,416,100 shares of the scientific and technical instruments company’s stock after buying an additional 190,385 shares during the period. Bank of America Corp DE’s holdings in Sensata Technologies Holding N.V. were worth $105,511,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Commerzbank Aktiengesellschaft FI increased its position in shares of Sensata Technologies Holding N.V. by 32.7% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 6,939 shares of the scientific and technical instruments company’s stock valued at $270,000 after buying an additional 1,711 shares during the last quarter. Cipher Capital LP increased its position in shares of Sensata Technologies Holding N.V. by 184.4% in the fourth quarter. Cipher Capital LP now owns 40,487 shares of the scientific and technical instruments company’s stock valued at $1,577,000 after buying an additional 26,251 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Sensata Technologies Holding N.V. by 8.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 819,383 shares of the scientific and technical instruments company’s stock valued at $31,916,000 after buying an additional 63,653 shares during the last quarter. Tredje AP fonden increased its position in shares of Sensata Technologies Holding N.V. by 50.1% in the fourth quarter. Tredje AP fonden now owns 3,753 shares of the scientific and technical instruments company’s stock valued at $146,000 after buying an additional 1,253 shares during the last quarter. Finally, Teza Capital Management LLC purchased a new position in shares of Sensata Technologies Holding N.V. during the fourth quarter valued at $211,000.

Institutional Ownership by Quarter for Sensata Technologies Holding N.V. (NYSE:ST)

Shares of Sensata Technologies Holding N.V. (NYSE:ST) traded down 1.77% during mid-day trading on Friday, hitting $42.12. The stock had a trading volume of 1,191,924 shares. The company has a 50-day moving average of $40.82 and a 200 day moving average of $41.07. Sensata Technologies Holding N.V. has a one year low of $32.07 and a one year high of $45.30. The firm has a market cap of $7.21 billion, a price-to-earnings ratio of 26.32 and a beta of 1.34.

Sensata Technologies Holding N.V. (NYSE:ST) last posted its quarterly earnings results on Tuesday, April 25th. The scientific and technical instruments company reported $0.71 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.68 by $0.03. Sensata Technologies Holding N.V. had a return on equity of 26.46% and a net margin of 8.51%. The company had revenue of $807.27 million during the quarter, compared to the consensus estimate of $796.16 million. During the same period last year, the business earned $0.66 EPS. The business’s quarterly revenue was up 1.3% on a year-over-year basis. On average, equities research analysts forecast that Sensata Technologies Holding N.V. will post $3.14 earnings per share for the current year.

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Several research analysts recently weighed in on ST shares. Cowen and Company started coverage on shares of Sensata Technologies Holding N.V. in a research note on Tuesday, March 21st. They issued a “market perform” rating and a $45.00 target price for the company. Zacks Investment Research raised shares of Sensata Technologies Holding N.V. from a “hold” rating to a “buy” rating and set a $46.00 target price for the company in a research note on Tuesday, April 25th. Stifel Nicolaus reissued a “buy” rating and issued a $48.00 target price on shares of Sensata Technologies Holding N.V. in a research note on Wednesday, April 26th. Finally, Barclays PLC reissued a “buy” rating and issued a $52.00 target price on shares of Sensata Technologies Holding N.V. in a research note on Thursday, April 27th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $46.44.

In other news, Director Thomas Wroe, Jr. sold 3,685 shares of the firm’s stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $40.68, for a total transaction of $149,905.80. Following the completion of the sale, the director now directly owns 12,620 shares of the company’s stock, valued at approximately $513,381.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.00% of the stock is owned by company insiders.

Sensata Technologies Holding N.V. Company Profile

Sensata Technologies Holding N.V. is an 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. It produces a range of sensors and controls for applications, such as pressure sensors in automotive systems, thermal circuit breakers in aircraft, and bimetal current and temperature control devices.

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