Mar Vista Investment Partners LLC increased its stake in shares of Sensata Technologies Holding (NYSE:ST) by 0.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,105,956 shares of the scientific and technical instruments company’s stock after buying an additional 3,428 shares during the quarter. Sensata Technologies accounts for approximately 2.1% of Mar Vista Investment Partners LLC’s holdings, making the stock its 22nd biggest holding. Mar Vista Investment Partners LLC’s holdings in Sensata Technologies were worth $56,525,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in ST. Public Employees Retirement Association of Colorado lifted its holdings in Sensata Technologies by 3.2% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 34,306 shares of the scientific and technical instruments company’s stock worth $1,753,000 after acquiring an additional 1,078 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its holdings in Sensata Technologies by 5.7% during the third quarter. Nomura Asset Management Co. Ltd. now owns 20,510 shares of the scientific and technical instruments company’s stock worth $986,000 after acquiring an additional 1,100 shares in the last quarter. Eqis Capital Management Inc. lifted its holdings in Sensata Technologies by 9.0% during the fourth quarter. Eqis Capital Management Inc. now owns 14,455 shares of the scientific and technical instruments company’s stock worth $739,000 after acquiring an additional 1,193 shares in the last quarter. Millie Capital Management LLC lifted its holdings in Sensata Technologies by 2.1% during the second quarter. Millie Capital Management LLC now owns 61,695 shares of the scientific and technical instruments company’s stock worth $2,636,000 after acquiring an additional 1,294 shares in the last quarter. Finally, Aperio Group LLC lifted its holdings in Sensata Technologies by 7.6% during the third quarter. Aperio Group LLC now owns 19,191 shares of the scientific and technical instruments company’s stock worth $923,000 after acquiring an additional 1,358 shares in the last quarter.

Shares of Sensata Technologies Holding (NYSE:ST) opened at $51.26 on Friday. The company has a market capitalization of $8,786.58, a PE ratio of 16.02, a PEG ratio of 1.40 and a beta of 1.52. Sensata Technologies Holding has a twelve month low of $38.71 and a twelve month high of $57.40. The company has a quick ratio of 2.23, a current ratio of 2.94 and a debt-to-equity ratio of 1.39.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings results on Thursday, February 1st. The scientific and technical instruments company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.02. The company had revenue of $840.53 million for the quarter, compared to analyst estimates of $822.31 million. Sensata Technologies had a return on equity of 25.40% and a net margin of 12.35%. The company’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.76 earnings per share. sell-side analysts anticipate that Sensata Technologies Holding will post 3.65 EPS for the current year.

Several research analysts have weighed in on ST shares. Zacks Investment Research lowered Sensata Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, October 24th. Cowen reiterated a “hold” rating on shares of Sensata Technologies in a report on Thursday, December 14th. Stifel Nicolaus reiterated a “buy” rating and set a $63.00 target price on shares of Sensata Technologies in a report on Thursday, February 1st. Royal Bank of Canada reiterated a “buy” rating and set a $55.00 target price on shares of Sensata Technologies in a report on Wednesday, December 13th. Finally, SunTrust Banks lowered Sensata Technologies from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Seven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Sensata Technologies currently has an average rating of “Buy” and a consensus target price of $57.00.

In related news, EVP Steven Beringhause sold 3,720 shares of Sensata Technologies stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $54.85, for a total value of $204,042.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Paul B. Edgerley bought 200,000 shares of the stock in a transaction that occurred on Thursday, November 16th. The stock was bought at an average cost of $47.47 per share, for a total transaction of $9,494,000.00. The disclosure for this purchase can be found here. Insiders own 1.00% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Mar Vista Investment Partners LLC Has $56.53 Million Position in Sensata Technologies Holding (ST)” was first published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this news story on another site, it was copied illegally and reposted in violation of US & international copyright law. The original version of this news story can be accessed at https://theolympiareport.com/2018/02/11/mar-vista-investment-partners-llc-has-56-53-million-position-in-sensata-technologies-holding-st.html.

Sensata Technologies 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.

Want to see what other hedge funds are holding ST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sensata Technologies Holding (NYSE:ST).

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

Receive News & Ratings for Sensata Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensata Technologies and related companies with MarketBeat.com's FREE daily email newsletter.