Medina Value Partners LLC Invests $3.75 Million in Sensata Technologies Holding N.V. $ST

Medina Value Partners LLC bought a new position in Sensata Technologies Holding N.V. (NYSE:ST) during the fourth quarter, Holdings Channel reports. The firm bought 112,740 shares of the scientific and technical instruments company’s stock, valued at approximately $3,753,000. Sensata Technologies makes up about 0.9% of Medina Value Partners LLC’s portfolio, making the stock its 23rd biggest holding.

A number of other hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in shares of Sensata Technologies by 2.4% in the third quarter. Vanguard Group Inc. now owns 14,997,522 shares of the scientific and technical instruments company’s stock worth $458,174,000 after buying an additional 346,547 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Sensata Technologies by 3.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 7,266,103 shares of the scientific and technical instruments company’s stock worth $241,884,000 after purchasing an additional 242,865 shares in the last quarter. Woodline Partners LP boosted its position in Sensata Technologies by 165.4% during the third quarter. Woodline Partners LP now owns 4,975,745 shares of the scientific and technical instruments company’s stock worth $152,009,000 after purchasing an additional 3,100,927 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its position in Sensata Technologies by 28.7% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,313,603 shares of the scientific and technical instruments company’s stock worth $143,600,000 after purchasing an additional 961,457 shares in the last quarter. Finally, Pzena Investment Management LLC boosted its position in Sensata Technologies by 380.4% during the fourth quarter. Pzena Investment Management LLC now owns 3,509,416 shares of the scientific and technical instruments company’s stock worth $116,828,000 after purchasing an additional 2,778,918 shares in the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Analyst Ratings Changes

ST has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Sensata Technologies in a research report on Friday, May 29th. Wall Street Zen downgraded Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 2nd. UBS Group reiterated a “buy” rating and set a $57.00 price target on shares of Sensata Technologies in a research report on Tuesday, June 2nd. JPMorgan Chase & Co. increased their price target on Sensata Technologies from $32.00 to $34.00 and gave the stock an “underweight” rating in a research report on Monday, February 23rd. Finally, Barclays downgraded 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 report on Friday, May 29th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Sensata Technologies currently has an average rating of “Hold” and a consensus price target of $47.70.

Insider Activity at Sensata Technologies

In other news, EVP David K. Stott sold 6,335 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $47.40, for a total value of $300,279.00. Following the transaction, the executive vice president owned 39,687 shares in the company, valued at $1,881,163.80. This trade represents a 13.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Lynne J. Caljouw sold 2,913 shares of the firm’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $34.71, for a total value of $101,110.23. Following the completion of the transaction, the executive vice president owned 72,842 shares in the company, valued at approximately $2,528,345.82. This trade represents a 3.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 11,728 shares of company stock worth $486,949. Company insiders own 0.65% of the company’s stock.

Sensata Technologies Stock Performance

NYSE ST opened at $50.37 on Monday. The company has a market cap of $7.33 billion, a PE ratio of 162.48, a price-to-earnings-growth ratio of 1.45 and a beta of 1.26. The stock’s 50 day simple moving average is $44.57 and its 200-day simple moving average is $38.24. Sensata Technologies Holding N.V. has a 1-year low of $26.95 and a 1-year high of $53.89. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.75 and a quick ratio of 1.95.

Sensata Technologies (NYSE:ST) last released its earnings results 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 return on equity of 18.23% and a net margin of 1.28%. As a group, equities research analysts anticipate that Sensata Technologies Holding N.V. will post 3.73 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Wednesday, May 13th. Sensata Technologies’s dividend payout ratio (DPR) is 154.84%.

Sensata Technologies 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.