GHP Investment Advisors Inc. lowered its stake in shares of Amphenol Co. (NYSE:APH) by 5.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 22,284 shares of the electronics maker’s stock after selling 1,274 shares during the period. GHP Investment Advisors Inc.’s holdings in Amphenol were worth $1,957,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. AXA boosted its stake in Amphenol by 2.5% during the 3rd quarter. AXA now owns 252,000 shares of the electronics maker’s stock valued at $21,330,000 after purchasing an additional 6,100 shares during the last quarter. Chevy Chase Trust Holdings Inc. boosted its stake in shares of Amphenol by 1.3% in the 3rd quarter. Chevy Chase Trust Holdings Inc. now owns 268,024 shares of the electronics maker’s stock worth $22,685,000 after buying an additional 3,402 shares during the last quarter. Virginia Retirement Systems ET AL purchased a new position in shares of Amphenol in the 3rd quarter worth approximately $13,263,000. Barings LLC boosted its stake in shares of Amphenol by 25.9% in the 3rd quarter. Barings LLC now owns 52,936 shares of the electronics maker’s stock worth $4,481,000 after buying an additional 10,900 shares during the last quarter. Finally, Beacon Investment Advisory Services Inc. purchased a new position in shares of Amphenol in the 3rd quarter worth approximately $684,000. Institutional investors and hedge funds own 96.70% of the company’s stock.
Shares of Amphenol Co. (NYSE APH) opened at $92.51 on Wednesday. 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 company has a market cap of $28,306.13, a P/E ratio of 45.13, a P/E/G ratio of 2.72 and a beta of 0.81. Amphenol Co. has a 1-year low of $68.57 and a 1-year high of $93.62.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 10th. Investors 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%.
A number of equities analysts have recently weighed in on APH shares. Zacks Investment Research upgraded Amphenol from a “hold” rating to a “buy” rating and set a $102.00 target price on the stock in a research note on Wednesday, January 10th. Cowen restated a “buy” rating and issued a $105.00 target price on shares of Amphenol in a research note on Wednesday, January 10th. Morgan Stanley boosted their target price on Amphenol from $87.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 25th. Finally, SunTrust Banks restated a “hold” rating and issued a $89.00 target price (up previously from $82.00) on shares of Amphenol in a research note on Thursday, January 25th. Six equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $92.00.
In related news, Director John R. Lord sold 2,000 shares of Amphenol stock in a transaction that occurred on 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 owns 38,677 shares of the company’s stock, valued at approximately $2,416,152.19. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Lance E. D’amico sold 10,000 shares of Amphenol stock in a transaction that occurred on 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. Insiders own 2.51% of the company’s stock.
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Amphenol Company Profile
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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