Lindbrook Capital LLC Acquires 428 Shares of Amphenol Co. (NYSE:APH)

Lindbrook Capital LLC boosted its holdings in shares of Amphenol Co. (NYSE:APH) by 11.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,160 shares of the electronics maker’s stock after purchasing an additional 428 shares during the period. Lindbrook Capital LLC’s holdings in Amphenol were worth $412,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in APH. Vontobel Holding Ltd. lifted its stake in Amphenol by 8.2% during the first quarter. Vontobel Holding Ltd. now owns 13,325 shares of the electronics maker’s stock worth $1,022,000 after purchasing an additional 1,006 shares during the last quarter. Sei Investments Co. lifted its stake in shares of Amphenol by 4.0% in the 1st quarter. Sei Investments Co. now owns 168,360 shares of the electronics maker’s stock valued at $12,716,000 after acquiring an additional 6,405 shares during the last quarter. Canada Pension Plan Investment Board lifted its stake in shares of Amphenol by 56.7% in the 1st quarter. Canada Pension Plan Investment Board now owns 264,188 shares of the electronics maker’s stock valued at $19,906,000 after acquiring an additional 95,613 shares during the last quarter. Prudential PLC bought a new position in shares of Amphenol in the 1st quarter valued at $857,000. Finally, Sequoia Financial Advisors LLC bought a new position in shares of Amphenol in the 1st quarter valued at $245,000. 97.01% of the stock is currently owned by institutional investors.

Insider Activity

In other Amphenol news, insider William J. Doherty sold 170,000 shares of Amphenol stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $103.50, for a total transaction of $17,595,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Amphenol news, CFO Craig A. Lampo sold 100,000 shares of Amphenol stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $104.67, for a total transaction of $10,467,000.00. Following the transaction, the chief financial officer now owns 147,045 shares of the company’s stock, valued at approximately $15,391,200.15. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider William J. Doherty sold 170,000 shares of Amphenol stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $103.50, for a total transaction of $17,595,000.00. The disclosure for this sale can be found here. Insiders sold a total of 305,000 shares of company stock worth $31,846,050 in the last three months. Company insiders own 2.22% of the company’s stock.

Amphenol Stock Performance

Shares of APH opened at $110.17 on Monday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.17 and a quick ratio of 1.48. The stock has a 50-day moving average of $110.87 and a 200-day moving average of $98.76. The company has a market cap of $66.27 billion, a PE ratio of 35.42, a P/E/G ratio of 3.14 and a beta of 1.30. Amphenol Co. has a one year low of $72.00 and a one year high of $119.59.

Amphenol (NYSE:APH) last issued its earnings results on Wednesday, January 24th. The electronics maker reported $0.82 EPS for the quarter, beating the consensus estimate of $0.77 by $0.05. The company had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.16 billion. Amphenol had a return on equity of 23.94% and a net margin of 15.36%. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the business posted $0.78 EPS. On average, equities research analysts predict that Amphenol Co. will post 3.28 EPS for the current fiscal year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Tuesday, March 19th were paid a $0.22 dividend. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.88 annualized dividend and a dividend yield of 0.80%. Amphenol’s dividend payout ratio is presently 28.30%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Citigroup increased their price target on Amphenol from $117.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, April 4th. Stifel Nicolaus increased their price target on Amphenol from $88.00 to $95.00 and gave the company a “hold” rating in a research note on Thursday, January 25th. UBS Group increased their price target on Amphenol from $118.00 to $135.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. JPMorgan Chase & Co. raised their target price on Amphenol from $118.00 to $125.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Finally, Bank of America raised their target price on Amphenol from $117.00 to $121.00 and gave the stock a “buy” rating in a research report on Thursday. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $113.75.

Amphenol Company Profile

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.