Ibex Wealth Advisors Makes New $337,000 Investment in Amphenol Co. (NYSE:APH)

Ibex Wealth Advisors acquired a new stake in shares of Amphenol Co. (NYSE:APH - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 4,855 shares of the electronics maker's stock, valued at approximately $337,000.

A number of other institutional investors and hedge funds have also made changes to their positions in APH. Blue Trust Inc. raised its position 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 purchasing an additional 18,322 shares during the period. Daiwa Securities Group Inc. raised its holdings in shares of Amphenol by 50.9% in the third quarter. Daiwa Securities Group Inc. now owns 268,219 shares of the electronics maker's stock worth $17,477,000 after buying an additional 90,450 shares during the period. LMR Partners LLP lifted its stake in shares of Amphenol by 315.1% during the 3rd quarter. LMR Partners LLP now owns 294,800 shares of the electronics maker's stock worth $19,209,000 after acquiring an additional 223,784 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in Amphenol by 22.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 106,899 shares of the electronics maker's stock valued at $6,966,000 after acquiring an additional 19,496 shares during the period. Finally, Whalen Wealth Management Inc. bought a new position in Amphenol in the 3rd quarter valued at $484,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Amphenol

In related news, CFO Craig A. Lampo sold 300,000 shares of the company's stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $71.56, for a total value of $21,468,000.00. Following the transaction, the chief financial officer now directly owns 318,116 shares of the company's stock, valued at $22,764,380.96. This represents a 48.53 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP David M. Silverman sold 180,000 shares of Amphenol stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $71.81, for a total value of $12,925,800.00. Following the sale, the vice president now directly owns 14,000 shares of the company's stock, valued at approximately $1,005,340. This represents a 92.78 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 612,000 shares of company stock valued at $44,177,640 in the last three months. 1.80% of the stock is owned by insiders.

Amphenol Stock Up 3.2 %

Shares of APH traded up $2.24 during trading hours on Thursday, hitting $71.62. The company had a trading volume of 3,009,927 shares, compared to its average volume of 8,051,170. Amphenol Co. has a one year low of $50.48 and a one year high of $79.39. The company's fifty day moving average price is $71.99 and its two-hundred day moving average price is $67.97. The company has a market capitalization of $86.35 billion, a PE ratio of 37.35, a price-to-earnings-growth ratio of 2.12 and a beta of 1.24. The company has a current ratio of 2.37, a quick ratio of 1.33 and a debt-to-equity ratio of 0.66.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.05. The business had revenue of $4.32 billion for the quarter, compared to the consensus estimate of $4.05 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The business's quarterly revenue was up 29.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.82 earnings per share. As a group, equities analysts forecast that Amphenol Co. will post 2.17 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th will be issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 0.92%. Amphenol's dividend payout ratio (DPR) is currently 34.46%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on APH. The Goldman Sachs Group lifted their target price on Amphenol from $79.00 to $89.00 and gave the stock a "buy" rating in a research report on Thursday, January 23rd. Evercore ISI lifted their price objective on shares of Amphenol from $75.00 to $80.00 and gave the company an "outperform" rating in a report on Thursday, October 24th. JPMorgan Chase & Co. upped their target price on shares of Amphenol from $85.00 to $90.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. Bank of America lifted their price target on shares of Amphenol from $75.00 to $85.00 and gave the company a "neutral" rating in a research note on Thursday, January 23rd. Finally, Citigroup boosted their price target on Amphenol from $81.00 to $82.00 and gave the company a "buy" rating in a report on Friday, January 17th. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price 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.