Keybank National Association OH Sells 155,807 Shares of Amphenol Co. (NYSE:APH)

Keybank National Association OH decreased its position in Amphenol Co. (NYSE:APH) by 9.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,469,285 shares of the electronics maker’s stock after selling 155,807 shares during the period. Keybank National Association OH owned about 0.12% of Amphenol worth $102,042,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Blue Trust Inc. boosted its holdings in Amphenol by 208.8% in the 4th quarter. Blue Trust Inc. now owns 27,095 shares of the electronics maker’s stock worth $1,765,000 after buying an additional 18,322 shares during the period. Spire Wealth Management boosted its holdings in Amphenol by 34.1% in the 4th quarter. Spire Wealth Management now owns 98,432 shares of the electronics maker’s stock valued at $6,836,000 after purchasing an additional 25,007 shares during the period. Daiwa Securities Group Inc. grew its position in shares of Amphenol by 50.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 268,219 shares of the electronics maker’s stock valued at $17,477,000 after purchasing an additional 90,450 shares in the last quarter. LMR Partners LLP increased its holdings in shares of Amphenol by 315.1% in the third quarter. LMR Partners LLP now owns 294,800 shares of the electronics maker’s stock worth $19,209,000 after purchasing an additional 223,784 shares during the period. Finally, Advisors Asset Management Inc. boosted its stake in Amphenol by 22.3% during the third quarter. Advisors Asset Management Inc. now owns 106,899 shares of the electronics maker’s stock valued at $6,966,000 after buying an additional 19,496 shares during the period. 97.01% of the stock is owned by institutional investors.

Amphenol Stock Performance

Shares of APH opened at $63.25 on Tuesday. Amphenol Co. has a one year low of $54.27 and a one year high of $79.39. The company has a 50-day simple moving average of $69.97 and a two-hundred day simple moving average of $68.81. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75. The firm has a market capitalization of $76.60 billion, a PE ratio of 33.03, a price-to-earnings-growth ratio of 1.92 and a beta of 1.23.

Amphenol (NYSE:APH) last issued its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.05. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The company had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4.05 billion. During the same period in the prior year, the firm earned $0.82 earnings per share. The firm’s revenue for the quarter was up 29.8% on a year-over-year basis. On average, analysts anticipate that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th will be issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date is Tuesday, March 18th. Amphenol’s dividend payout ratio (DPR) is presently 34.55%.

Analyst Ratings Changes

APH has been the topic of a number of recent analyst reports. The Goldman Sachs Group raised their target price on shares of Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. raised their price target on Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, January 23rd. Citigroup raised their price objective on Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a report on Friday, January 17th. Bank of America boosted their price target on shares of Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, January 23rd. Finally, Robert W. Baird raised their target price on shares of Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a report on Thursday, January 23rd. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $80.68.

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.