Sensata Technologies Holding PLC (ST) Position Reduced by Brown Advisory Inc.

Brown Advisory Inc. reduced its position in shares of Sensata Technologies Holding PLC (NYSE:ST) by 43.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 115,212 shares of the scientific and technical instruments company’s stock after selling 86,808 shares during the quarter. Brown Advisory Inc. owned approximately 0.07% of Sensata Technologies worth $5,166,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Robeco Institutional Asset Management B.V. raised its holdings in Sensata Technologies by 0.8% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 34,469 shares of the scientific and technical instruments company’s stock worth $1,545,000 after purchasing an additional 285 shares in the last quarter. Saturna Capital CORP raised its holdings in Sensata Technologies by 1.5% in the 4th quarter. Saturna Capital CORP now owns 20,260 shares of the scientific and technical instruments company’s stock worth $908,000 after purchasing an additional 300 shares in the last quarter. OLD National Bancorp IN raised its holdings in Sensata Technologies by 1.5% in the 4th quarter. OLD National Bancorp IN now owns 21,506 shares of the scientific and technical instruments company’s stock worth $964,000 after purchasing an additional 310 shares in the last quarter. ETF Managers Group LLC raised its holdings in Sensata Technologies by 15.7% in the 4th quarter. ETF Managers Group LLC now owns 2,514 shares of the scientific and technical instruments company’s stock worth $113,000 after purchasing an additional 342 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV raised its holdings in Sensata Technologies by 4.1% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 13,886 shares of the scientific and technical instruments company’s stock worth $623,000 after purchasing an additional 543 shares in the last quarter. Institutional investors own 99.54% of the company’s stock.

In related news, EVP Steven Beringhause sold 60,000 shares of the stock in a transaction dated Friday, February 22nd. The shares were sold at an average price of $50.96, for a total transaction of $3,057,600.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Martha N. Sullivan sold 50,000 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $48.67, for a total transaction of $2,433,500.00. The disclosure for this sale can be found here. Insiders sold a total of 165,000 shares of company stock worth $8,073,600 over the last ninety days. Insiders own 2.00% of the company’s stock.

ST has been the subject of several research reports. Jefferies Financial Group initiated coverage on shares of Sensata Technologies in a report on Tuesday, December 4th. They issued a “buy” rating and a $59.00 price objective for the company. Barclays set a $51.00 price objective on shares of Sensata Technologies and gave the stock a “buy” rating in a report on Friday, January 4th. Zacks Investment Research upgraded shares of Sensata Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, January 22nd. Finally, SunTrust Banks upped their target price on shares of Sensata Technologies to $54.00 and gave the stock a “hold” rating in a research report on Thursday, February 7th. One analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $54.67.

NYSE:ST opened at $47.69 on Friday. The stock has a market capitalization of $8.33 billion, a PE ratio of 13.07, a price-to-earnings-growth ratio of 1.03 and a beta of 1.31. The company has a current ratio of 3.00, a quick ratio of 2.23 and a debt-to-equity ratio of 1.25. Sensata Technologies Holding PLC has a 1-year low of $40.78 and a 1-year high of $56.28.

Sensata Technologies (NYSE:ST) last released its earnings results on Wednesday, February 6th. The scientific and technical instruments company reported $0.95 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.99 by ($0.04). The business had revenue of $847.90 million during the quarter, compared to analysts’ expectations of $866.27 million. Sensata Technologies had a return on equity of 24.94% and a net margin of 17.01%. The firm’s quarterly revenue was up .9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.87 earnings per share. On average, analysts forecast that Sensata Technologies Holding PLC will post 3.99 EPS for the current fiscal year.

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Sensata Technologies Company Profile

Sensata Technologies Holding plc, through its subsidiary, Sensata Technologies Holding N.V., develops, manufactures, and sells a range of sensors and controls in the Americas, Asia, Europe, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures pressure sensors, speed and position sensors, and temperature sensors.

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Institutional Ownership by Quarter for Sensata Technologies (NYSE:ST)

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