Caisse DE Depot ET Placement DU Quebec increased its position in Amphenol Co. (NYSE:APH) by 145.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 43,216 shares of the electronics maker’s stock after buying an additional 25,600 shares during the period. Caisse DE Depot ET Placement DU Quebec’s holdings in Amphenol were worth $3,794,000 at the end of the most recent quarter.
Other institutional investors have also recently modified their holdings of the company. BlackRock Inc. boosted its holdings in shares of Amphenol by 9.8% during the 4th quarter. BlackRock Inc. now owns 21,118,863 shares of the electronics maker’s stock valued at $1,854,233,000 after purchasing an additional 1,880,658 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. boosted its holdings in shares of Amphenol by 345.8% during the 3rd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 1,041,687 shares of the electronics maker’s stock valued at $88,168,000 after purchasing an additional 808,015 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Amphenol by 89.9% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,058,086 shares of the electronics maker’s stock valued at $92,909,000 after purchasing an additional 500,762 shares during the last quarter. Swiss National Bank boosted its holdings in shares of Amphenol by 42.7% during the 4th quarter. Swiss National Bank now owns 1,607,750 shares of the electronics maker’s stock valued at $141,160,000 after purchasing an additional 480,900 shares during the last quarter. Finally, Assenagon Asset Management S.A. bought a new position in shares of Amphenol during the 4th quarter valued at about $35,814,000. 96.70% of the stock is owned by institutional investors.
Amphenol Co. (NYSE:APH) opened at $92.66 on Tuesday. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.95 and a quick ratio of 2.25. Amphenol Co. has a 1-year low of $68.57 and a 1-year high of $93.62. The company has a market cap of $28,290.00, a PE ratio of 27.66, a P/E/G ratio of 2.71 and a beta of 0.81.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 10th. Investors of record on Monday, March 19th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend is Friday, March 16th. Amphenol’s dividend payout ratio (DPR) is currently 22.69%.
In related news, Director John R. Lord sold 2,000 shares of the stock in a transaction dated Sunday, September 2nd. The shares were sold at an average price of $62.47, for a total value of $124,940.00. Following the sale, the director now directly owns 38,677 shares of the company’s stock, valued at approximately $2,416,152.19. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Lance E. D’amico sold 10,000 shares of the stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $92.07, for a total transaction of $920,700.00. The disclosure for this sale can be found here. Corporate insiders own 2.51% of the company’s stock.
Several research analysts have commented on the stock. Morgan Stanley increased their price objective on shares of Amphenol from $87.00 to $90.00 and gave the company an “equal weight” rating in a report on Thursday, January 25th. Cowen reissued a “buy” rating and set a $105.00 price objective on shares of Amphenol in a report on Wednesday, January 10th. Zacks Investment Research raised shares of Amphenol from a “hold” rating to a “buy” rating and set a $102.00 price objective for the company in a report on Wednesday, January 10th. Finally, SunTrust Banks reissued a “hold” rating and set a $89.00 price objective (up previously from $82.00) on shares of Amphenol in a report on Thursday, January 25th. Six equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $92.00.
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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