9,437 Shares in Amphenol Co. (APH) Acquired by AlphaCrest Capital Management LLC

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AlphaCrest Capital Management LLC acquired a new stake in Amphenol Co. (NYSE:APH) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 9,437 shares of the electronics maker’s stock, valued at approximately $765,000.

A number of other large investors have also recently modified their holdings of APH. Cornerstone Wealth Management LLC increased its holdings in shares of Amphenol by 30.0% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 19,820 shares of the electronics maker’s stock worth $229,000 after purchasing an additional 4,575 shares in the last quarter. Fisher Asset Management LLC increased its holdings in shares of Amphenol by 15.0% in the 3rd quarter. Fisher Asset Management LLC now owns 5,360 shares of the electronics maker’s stock worth $504,000 after purchasing an additional 698 shares in the last quarter. Creative Planning increased its holdings in shares of Amphenol by 15.1% in the 3rd quarter. Creative Planning now owns 14,266 shares of the electronics maker’s stock worth $1,341,000 after purchasing an additional 1,875 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of Amphenol by 1.5% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,119,559 shares of the electronics maker’s stock worth $105,275,000 after purchasing an additional 16,385 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its holdings in shares of Amphenol by 33.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 181,271 shares of the electronics maker’s stock worth $17,032,000 after purchasing an additional 45,148 shares in the last quarter. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Shares of APH opened at $93.97 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.87 and a quick ratio of 1.36. Amphenol Co. has a one year low of $74.95 and a one year high of $97.56. The firm has a market capitalization of $28.01 billion, a P/E ratio of 24.93, a PEG ratio of 2.20 and a beta of 0.87.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, January 23rd. The electronics maker reported $1.05 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.98 by $0.07. Amphenol had a return on equity of 29.82% and a net margin of 14.69%. The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same quarter in the previous year, the company posted $0.86 earnings per share. Amphenol’s revenue was up 14.4% compared to the same quarter last year. Equities research analysts predict that Amphenol Co. will post 3.95 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 10th. Investors of record on Tuesday, March 19th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 0.98%. The ex-dividend date is Monday, March 18th. Amphenol’s payout ratio is currently 24.40%.

In related news, VP Jean-Luc Gavelle sold 31,000 shares of Amphenol stock in a transaction on Wednesday, February 27th. The stock was sold at an average price of $94.00, for a total value of $2,914,000.00. Following the completion of the sale, the vice president now owns 31,000 shares of the company’s stock, valued at $2,914,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.34% of the company’s stock.

Several analysts recently commented on APH shares. Zacks Investment Research lowered Amphenol from a “buy” rating to a “hold” rating in a report on Thursday, February 14th. Bank of America reaffirmed a “buy” rating and issued a $107.00 price objective (up previously from $103.00) on shares of Amphenol in a report on Thursday, February 7th. Finally, ValuEngine lowered Amphenol from a “buy” rating to a “hold” rating in a report on Tuesday, November 20th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $102.00.

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Amphenol Profile

Amphenol Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of electrical, electronic, and fiber optic connectors worldwide. It operates through two segments, Interconnect Products and Assemblies, and Cable Products and Solutions. The Interconnect Products and Assemblies segment offers connector and connector systems, including fiber optic, harsh environment, high-speed, and radio frequency interconnect products, as well as antennas; power interconnect products, bus bars, and distribution systems; and other connectors.

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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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