Amphenol Co. (NYSE:APH) Shares Sold by Bailard Inc.

Bailard Inc. decreased its holdings in shares of Amphenol Co. (NYSE:APHGet Rating) by 21.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,490 shares of the electronics maker’s stock after selling 684 shares during the quarter. Bailard Inc.’s holdings in Amphenol were worth $218,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Credit Suisse AG raised its stake in Amphenol by 32.0% during the third quarter. Credit Suisse AG now owns 1,802,683 shares of the electronics maker’s stock worth $132,011,000 after acquiring an additional 436,795 shares during the period. WINTON GROUP Ltd increased its stake in shares of Amphenol by 151.6% in the fourth quarter. WINTON GROUP Ltd now owns 19,384 shares of the electronics maker’s stock valued at $1,695,000 after purchasing an additional 11,679 shares during the period. Mitchell Capital Management Co. increased its stake in shares of Amphenol by 73.7% in the fourth quarter. Mitchell Capital Management Co. now owns 29,002 shares of the electronics maker’s stock valued at $2,537,000 after purchasing an additional 12,307 shares during the period. Gateway Investment Advisers LLC increased its stake in shares of Amphenol by 35.5% in the fourth quarter. Gateway Investment Advisers LLC now owns 9,193 shares of the electronics maker’s stock valued at $804,000 after purchasing an additional 2,409 shares during the period. Finally, Scotia Capital Inc. acquired a new stake in shares of Amphenol in the third quarter valued at approximately $226,000. Hedge funds and other institutional investors own 95.80% of the company’s stock.

Shares of NYSE:APH opened at $67.97 on Thursday. The stock has a market capitalization of $40.59 billion, a price-to-earnings ratio of 25.27, a PEG ratio of 2.26 and a beta of 1.21. Amphenol Co. has a 1-year low of $64.51 and a 1-year high of $88.45. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.72 and a current ratio of 2.55. The company has a 50 day moving average price of $72.62 and a 200 day moving average price of $77.83.

Amphenol (NYSE:APHGet Rating) last posted its quarterly earnings data on Wednesday, April 27th. The electronics maker reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. Amphenol had a net margin of 14.73% and a return on equity of 26.69%. The firm had revenue of $2.95 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same quarter last year, the business posted $0.52 EPS. The company’s revenue was up 24.2% on a year-over-year basis. On average, sell-side analysts expect that Amphenol Co. will post 2.82 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 13th. Investors of record on Tuesday, June 21st will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date is Friday, June 17th. Amphenol’s dividend payout ratio is 29.74%.

Several equities research analysts have commented on APH shares. Morgan Stanley dropped their price target on shares of Amphenol from $84.00 to $79.00 and set an “equal weight” rating on the stock in a research note on Monday, April 25th. Citigroup dropped their price target on shares of Amphenol from $100.00 to $90.00 in a research note on Thursday, April 28th. Robert W. Baird reiterated an “outperform” rating and issued a $85.00 price objective on shares of Amphenol in a report on Friday, April 29th. Finally, StockNews.com initiated coverage on shares of Amphenol in a report on Thursday, March 31st. They issued a “hold” rating for the company. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $84.40.

Amphenol Company Profile (Get Rating)

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.

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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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