American National Bank increased its position in shares of Sensata Technologies Holding PLC (NYSE:ST) by 6.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 81,846 shares of the scientific and technical instruments company’s stock after buying an additional 5,282 shares during the period. American National Bank’s holdings in Sensata Technologies were worth $3,685,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Robeco Institutional Asset Management B.V. raised its stake in Sensata Technologies by 0.8% during the fourth 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 buying an additional 285 shares during the last quarter. Saturna Capital CORP raised its stake in Sensata Technologies by 1.5% during the fourth quarter. Saturna Capital CORP now owns 20,260 shares of the scientific and technical instruments company’s stock worth $908,000 after buying an additional 300 shares during the last quarter. OLD National Bancorp IN raised its stake in Sensata Technologies by 1.5% during the fourth quarter. OLD National Bancorp IN now owns 21,506 shares of the scientific and technical instruments company’s stock worth $964,000 after buying an additional 310 shares during the last quarter. ETF Managers Group LLC raised its stake in Sensata Technologies by 15.7% during the fourth quarter. ETF Managers Group LLC now owns 2,514 shares of the scientific and technical instruments company’s stock worth $113,000 after buying an additional 342 shares during the last quarter. Finally, Advisory Services Network LLC raised its stake in Sensata Technologies by 26.8% during the fourth quarter. Advisory Services Network LLC now owns 1,657 shares of the scientific and technical instruments company’s stock worth $74,000 after buying an additional 350 shares during the last quarter. 94.25% of the stock is owned by institutional investors and hedge funds.

ST opened at $48.65 on Monday. Sensata Technologies Holding PLC has a 1-year low of $40.78 and a 1-year high of $56.28. The company has a quick ratio of 2.23, a current ratio of 3.00 and a debt-to-equity ratio of 1.25. The firm has a market capitalization of $8.32 billion, a price-to-earnings ratio of 13.33, a P/E/G ratio of 1.04 and a beta of 1.29.

Sensata Technologies (NYSE:ST) last released its quarterly earnings results on Wednesday, February 6th. The scientific and technical instruments company reported $0.95 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.04). Sensata Technologies had a return on equity of 24.94% and a net margin of 17.01%. The firm had revenue of $847.90 million for the quarter, compared to analysts’ expectations of $866.27 million. During the same quarter last year, the firm posted $0.87 earnings per share. The firm’s revenue for the quarter was up .9% compared to the same quarter last year. On average, equities analysts predict that Sensata Technologies Holding PLC will post 3.98 earnings per share for the current year.

A number of equities analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Sensata Technologies from a “hold” rating to a “sell” rating in a research note on Thursday. SunTrust Banks lifted their target price on shares of Sensata Technologies to $54.00 and gave the stock a “hold” rating in a research note on Thursday, February 7th. Barclays set a $51.00 target price on shares of Sensata Technologies and gave the stock a “buy” rating in a research note on Friday, January 4th. Jefferies Financial Group lifted their target price on shares of Sensata Technologies from $59.00 to $62.00 and gave the stock a “buy” rating in a research note on Monday, March 18th. Finally, ValuEngine downgraded shares of Sensata Technologies from a “hold” rating to a “sell” rating in a research note on Wednesday, March 20th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. Sensata Technologies presently has a consensus rating of “Hold” and a consensus price target of $55.00.

In other Sensata Technologies news, EVP Steven Beringhause sold 60,000 shares of the business’s stock in a transaction dated Friday, February 22nd. The shares were sold at an average price of $50.96, for a total value of $3,057,600.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Martha N. Sullivan sold 50,000 shares of the business’s 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. Over the last 90 days, insiders have sold 165,000 shares of company stock worth $8,073,600. 2.00% of the stock is owned by corporate insiders.

COPYRIGHT VIOLATION NOTICE: This news story was published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this news story on another website, it was illegally copied and republished in violation of U.S. & international copyright & trademark laws. The original version of this news story can be read at https://theolympiareport.com/2019/04/15/american-national-bank-has-3-69-million-position-in-sensata-technologies-holding-plc-st.html.

Sensata Technologies 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.

Recommended Story: How to use beta for portfolio diversification

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 PLC (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.