M&T Bank Corp lifted its holdings in Sensata Technologies Holding (NYSE:ST) by 5.2% during the 4th quarter, Holdings Channel reports. The firm owned 161,058 shares of the scientific and technical instruments company’s stock after acquiring an additional 7,960 shares during the quarter. M&T Bank Corp’s holdings in Sensata Technologies were worth $8,232,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Public Employees Retirement Association of Colorado grew its stake in shares of Sensata Technologies by 3.2% in the 4th 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 purchasing an additional 1,078 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its position in shares of Sensata Technologies by 5.7% in 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. increased its position in shares of Sensata Technologies by 9.0% in 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. Aperio Group LLC increased its position in shares of Sensata Technologies by 7.6% in 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. Finally, Allianz Asset Management GmbH increased its position in shares of Sensata Technologies by 2.2% in the third quarter. Allianz Asset Management GmbH now owns 78,884 shares of the scientific and technical instruments company’s stock worth $3,792,000 after acquiring an additional 1,724 shares in the last quarter.

Shares of Sensata Technologies Holding (NYSE ST) opened at $51.26 on Monday. The company has a current ratio of 2.94, a quick ratio of 2.23 and a debt-to-equity ratio of 1.39. The company has a market cap of $8,786.56, a P/E ratio of 16.02, a P/E/G ratio of 1.40 and a beta of 1.52. Sensata Technologies Holding has a fifty-two week low of $38.71 and a fifty-two week high of $57.40.

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

Several research analysts have recently weighed in on ST shares. Citigroup lifted their target price on shares of Sensata Technologies from $49.00 to $55.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. Barclays lifted their target price on shares of Sensata Technologies from $52.00 to $53.00 and gave the stock an “overweight” rating in a research report on Friday, October 20th. SunTrust Banks downgraded shares of Sensata Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Zacks Investment Research downgraded shares of Sensata Technologies from a “buy” rating to a “hold” rating and set a $58.00 target price on the stock. in a research report on Friday, January 5th. Finally, JPMorgan Chase & Co. set a $60.00 target price on shares of Sensata Technologies and gave the stock a “buy” rating in a research report on Wednesday, December 13th. Seven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Sensata Technologies has an average rating of “Buy” and an average target price of $57.00.

In other Sensata Technologies news, Director Paul B. Edgerley bought 200,000 shares of Sensata Technologies stock in a transaction on Thursday, November 16th. The stock was purchased at an average cost of $47.47 per share, for a total transaction of $9,494,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Steven Beringhause sold 7,588 shares of Sensata Technologies stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $51.18, for a total transaction of $388,353.84. The disclosure for this sale can be found here. Company insiders own 1.00% of the company’s stock.

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About Sensata Technologies

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

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