Virginia Retirement Systems ET AL Invests $1.76 Million in Sensata Technologies Holding N.V. (ST)

Virginia Retirement Systems ET AL acquired a new position in Sensata Technologies Holding N.V. (NYSE:ST) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 40,300 shares of the scientific and technical instruments company’s stock, valued at approximately $1,760,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Huntington National Bank raised its stake in Sensata Technologies Holding N.V. by 37.2% in the first quarter. Huntington National Bank now owns 2,721 shares of the scientific and technical instruments company’s stock valued at $119,000 after buying an additional 738 shares during the last quarter. Tredje AP fonden raised its stake in 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. Mn Services Vermogensbeheer B.V. raised its stake in Sensata Technologies Holding N.V. by 4.2% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 4,557 shares of the scientific and technical instruments company’s stock valued at $186,000 after buying an additional 185 shares during the last quarter. Ledyard National Bank raised its stake in Sensata Technologies Holding N.V. by 21.1% in the first quarter. Ledyard National Bank now owns 4,300 shares of the scientific and technical instruments company’s stock valued at $188,000 after buying an additional 750 shares during the last quarter. Finally, Everett Harris & Co. CA purchased a new stake in Sensata Technologies Holding N.V. during the first quarter valued at approximately $201,000.

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

Shares of Sensata Technologies Holding N.V. (ST) traded down 1.77% during mid-day trading on Friday, hitting $42.12. The company’s stock had a trading volume of 1,191,924 shares. Sensata Technologies Holding N.V. has a 12-month low of $32.07 and a 12-month high of $45.30. The company has a market cap of $7.21 billion, a PE ratio of 26.32 and a beta of 1.34. The stock has a 50-day moving average of $40.85 and a 200-day moving average of $41.11.

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

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ST has been the topic of several recent analyst reports. Barclays PLC restated a “buy” rating and set a $52.00 price objective on shares of Sensata Technologies Holding N.V. in a report on Thursday, April 27th. Zacks Investment Research downgraded shares of Sensata Technologies Holding N.V. from a “buy” rating to a “hold” rating in a report on Thursday, April 27th. Stifel Nicolaus reiterated a “buy” rating and issued a $48.00 price target on shares of Sensata Technologies Holding N.V. in a report on Wednesday, April 26th. Finally, Cowen and Company began coverage on shares of Sensata Technologies Holding N.V. in a report on Tuesday, March 21st. They issued a “market perform” rating and a $45.00 price target on the stock. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $46.44.

In related news, Director Thomas Wroe, Jr. sold 3,685 shares of the business’s stock in a transaction that occurred on 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 owns 12,620 shares in the company, valued at $513,381.60. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.00% of the stock is owned by 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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