Rhumbline Advisers cut its holdings in Amphenol Co. (NYSE:APH) by 0.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 679,692 shares of the electronics maker’s stock after selling 5,457 shares during the quarter. Rhumbline Advisers’ holdings in Amphenol were worth $59,677,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of the stock. JPMorgan Chase & Co. grew its position in shares of Amphenol by 2.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,634,492 shares of the electronics maker’s stock valued at $710,446,000 after purchasing an additional 173,637 shares during the period. Amundi Pioneer Asset Management Inc. grew its position in shares of Amphenol by 0.7% in the 3rd quarter. Amundi Pioneer Asset Management Inc. now owns 2,381,455 shares of the electronics maker’s stock valued at $201,566,000 after purchasing an additional 15,791 shares during the period. Wells Fargo & Company MN grew its position in shares of Amphenol by 3.7% in the 4th quarter. Wells Fargo & Company MN now owns 2,108,479 shares of the electronics maker’s stock valued at $185,125,000 after purchasing an additional 74,915 shares during the period. Swiss National Bank grew its position in shares of Amphenol by 42.7% in 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 period. Finally, Ameriprise Financial Inc. grew its position in shares of Amphenol by 9.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,491,737 shares of the electronics maker’s stock valued at $126,269,000 after purchasing an additional 127,417 shares during the period. Institutional investors and hedge funds own 96.47% of the company’s stock.
In other news, Director Diana G. Reardon sold 503,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $90.73, for a total transaction of $45,637,190.00. Following the sale, the director now owns 260,000 shares in the company, valued at approximately $23,589,800. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Lance E. D’amico sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $92.07, for a total value of $920,700.00. The disclosure for this sale can be found here. Corporate insiders own 2.51% of the company’s stock.
Amphenol Co. (APH) opened at $89.99 on Friday. Amphenol Co. has a 12-month low of $68.57 and a 12-month high of $93.62. The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.25 and a current ratio of 2.95. The firm has a market capitalization of $27,477.46, a P/E ratio of 27.60, a price-to-earnings-growth ratio of 2.64 and a beta of 0.82.
Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, January 24th. The electronics maker reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. Amphenol had a return on equity of 26.09% and a net margin of 9.28%. The firm had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.80 billion. During the same quarter in the prior year, the firm posted $0.75 EPS. The business’s revenue was up 17.7% on a year-over-year basis. sell-side analysts expect that Amphenol Co. will post 3.45 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 10th. Stockholders of record on Monday, March 19th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date of this dividend is Friday, March 16th. Amphenol’s dividend payout ratio is currently 37.07%.
ILLEGAL ACTIVITY WARNING: This piece of content was originally published by Community Financial News and is the sole property of of Community Financial News. If you are reading this piece of content on another website, it was stolen and republished in violation of United States and international copyright and trademark law. The legal version of this piece of content can be accessed at https://www.com-unik.info/2018/02/18/amphenol-co-aph-shares-sold-by-rhumbline-advisers.html.
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.
Want to see what other hedge funds are holding APH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amphenol Co. (NYSE:APH).
Receive News & Ratings for Amphenol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol and related companies with MarketBeat.com's FREE daily email newsletter.