Thrivent Financial for Lutherans Raises Stake in Sensata Technologies Holding N.V. $ST

Thrivent Financial for Lutherans increased its stake in shares of Sensata Technologies Holding N.V. (NYSE:ST) by 70.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 59,260 shares of the scientific and technical instruments company’s stock after buying an additional 24,527 shares during the period. Thrivent Financial for Lutherans’ holdings in Sensata Technologies were worth $1,811,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. True Wealth Design LLC increased its stake in shares of Sensata Technologies by 62.6% during the 3rd quarter. True Wealth Design LLC now owns 1,135 shares of the scientific and technical instruments company’s stock worth $35,000 after purchasing an additional 437 shares during the last quarter. NorthCrest Asset Manangement LLC grew its holdings in Sensata Technologies by 6.6% during the third quarter. NorthCrest Asset Manangement LLC now owns 7,092 shares of the scientific and technical instruments company’s stock valued at $217,000 after purchasing an additional 438 shares during the period. Legacy Wealth Asset Management LLC increased its position in Sensata Technologies by 3.1% in the third quarter. Legacy Wealth Asset Management LLC now owns 14,912 shares of the scientific and technical instruments company’s stock worth $456,000 after buying an additional 450 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Sensata Technologies by 5.3% in the third quarter. GAMMA Investing LLC now owns 9,686 shares of the scientific and technical instruments company’s stock valued at $296,000 after buying an additional 484 shares during the period. Finally, Blue Trust Inc. lifted its position in shares of Sensata Technologies by 33.2% during the 2nd quarter. Blue Trust Inc. now owns 2,566 shares of the scientific and technical instruments company’s stock valued at $77,000 after buying an additional 640 shares during the last quarter. 99.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ST. Oppenheimer reissued an “outperform” rating and issued a $43.00 price objective on shares of Sensata Technologies in a report on Wednesday, December 17th. Weiss Ratings reissued a “sell (d)” rating on shares of Sensata Technologies in a research report on Monday, December 29th. Barclays dropped their price target on shares of Sensata Technologies from $43.00 to $40.00 and set an “overweight” rating on the stock in a research note on Monday, January 12th. Evercore set a $32.00 price objective on shares of Sensata Technologies in a research note on Wednesday, October 29th. Finally, Wells Fargo & Company increased their target price on Sensata Technologies from $34.00 to $37.00 and gave the stock an “equal weight” rating in a research report on Monday, January 12th. Four investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $36.10.

Insider Activity

In related news, Director Ali John Mirshekari sold 33,933 shares of the stock in a transaction on Friday, November 21st. The stock was sold at an average price of $29.53, for a total value of $1,002,041.49. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last ninety days, insiders have sold 268,310 shares of company stock worth $7,750,455. Insiders own 0.89% of the company’s stock.

Sensata Technologies Trading Up 2.6%

Shares of ST stock opened at $37.25 on Thursday. The company has a market capitalization of $5.43 billion, a PE ratio of -186.22, a price-to-earnings-growth ratio of 1.37 and a beta of 1.16. Sensata Technologies Holding N.V. has a 52-week low of $17.32 and a 52-week high of $37.41. The business’s fifty day moving average is $34.69 and its 200 day moving average is $32.51. The company has a debt-to-equity ratio of 1.18, a quick ratio of 2.10 and a current ratio of 2.91.

Sensata Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 25th. Stockholders of record on Wednesday, February 11th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.3%. Sensata Technologies’s dividend payout ratio is presently -240.00%.

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.