Guggenheim Capital LLC lessened its stake in Amphenol Co. (NYSE:APH) by 7.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 835,457 shares of the electronics maker’s stock after selling 67,512 shares during the period. Guggenheim Capital LLC owned approximately 0.27% of Amphenol worth $73,353,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of APH. Dupont Capital Management Corp purchased a new position in shares of Amphenol during the 4th quarter worth $115,000. Tower Research Capital LLC TRC boosted its stake in shares of Amphenol by 87.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,369 shares of the electronics maker’s stock worth $120,000 after acquiring an additional 640 shares during the last quarter. Fusion Family Wealth LLC purchased a new position in shares of Amphenol during the 4th quarter worth $121,000. CENTRAL TRUST Co boosted its stake in shares of Amphenol by 52.6% during the 4th quarter. CENTRAL TRUST Co now owns 1,915 shares of the electronics maker’s stock worth $168,000 after acquiring an additional 660 shares during the last quarter. Finally, Zions Bancorporation purchased a new position in shares of Amphenol during the 3rd quarter worth $169,000. Institutional investors and hedge funds own 96.70% of the company’s stock.
Several brokerages have recently weighed in on APH. Morgan Stanley lifted their price target on shares of Amphenol from $87.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 25th. SunTrust Banks restated a “hold” rating and set a $89.00 target price (up previously from $82.00) on shares of Amphenol in a research note on Thursday, January 25th. Zacks Investment Research cut shares of Amphenol from a “buy” rating to a “hold” rating in a research note on Monday, January 22nd. Finally, Cowen restated a “buy” rating and set a $105.00 target price on shares of Amphenol in a research note on Wednesday, January 10th. Six equities research analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $92.00.
Shares of Amphenol Co. (APH) opened at $92.44 on Monday. Amphenol Co. has a fifty-two week low of $68.57 and a fifty-two week high of $93.62. The company has a quick ratio of 2.25, a current ratio of 2.95 and a debt-to-equity ratio of 0.88. The firm has a market cap of $28,238.92, a PE ratio of 28.36, a PEG ratio of 2.71 and a beta of 0.81.
Amphenol (NYSE:APH) last posted its earnings results on Wednesday, January 24th. The electronics maker reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. Amphenol had a net margin of 9.28% and a return on equity of 26.09%. The firm had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.80 billion. During the same period in the previous year, the firm posted $0.75 EPS. The business’s quarterly revenue was up 17.7% on a year-over-year basis. research analysts anticipate that Amphenol Co. will post 3.45 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 10th. Stockholders of record on Monday, March 19th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Friday, March 16th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.82%. Amphenol’s dividend payout ratio (DPR) is presently 37.07%.
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Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The Company operates through two segments, which include Interconnect Products and Assemblies, and Cable Products and Solutions.
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