Mar Vista Investment Partners LLC Has $40.31 Million Holdings in Amphenol Co. (NYSE:APH)

Mar Vista Investment Partners LLC boosted its holdings in shares of Amphenol Co. (NYSE:APH - Free Report) by 22.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 580,443 shares of the electronics maker's stock after purchasing an additional 107,149 shares during the quarter. Amphenol comprises approximately 2.8% of Mar Vista Investment Partners LLC's holdings, making the stock its 17th largest position. Mar Vista Investment Partners LLC's holdings in Amphenol were worth $40,312,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Symmetry Investments LP acquired a new stake in Amphenol during the fourth quarter worth $2,966,000. MGO One Seven LLC boosted its position in shares of Amphenol by 196.9% during the 4th quarter. MGO One Seven LLC now owns 34,364 shares of the electronics maker's stock valued at $2,387,000 after acquiring an additional 22,789 shares in the last quarter. Pinebridge Investments L.P. increased its stake in Amphenol by 16.9% in the fourth quarter. Pinebridge Investments L.P. now owns 383,523 shares of the electronics maker's stock valued at $26,636,000 after acquiring an additional 55,522 shares during the period. Price T Rowe Associates Inc. MD raised its position in Amphenol by 36.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 58,911,813 shares of the electronics maker's stock worth $4,091,426,000 after purchasing an additional 15,837,407 shares in the last quarter. Finally, Alta Advisers Ltd lifted its stake in Amphenol by 10.0% during the fourth quarter. Alta Advisers Ltd now owns 3,960 shares of the electronics maker's stock worth $275,000 after purchasing an additional 360 shares during the period. 97.01% of the stock is owned by institutional investors.

Amphenol Price Performance

Shares of Amphenol stock traded down $0.22 during midday trading on Friday, reaching $75.81. The company had a trading volume of 14,324,583 shares, compared to its average volume of 7,470,790. The stock has a fifty day simple moving average of $65.53 and a 200 day simple moving average of $68.95. Amphenol Co. has a 1-year low of $54.77 and a 1-year high of $79.39. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $91.87 billion, a price-to-earnings ratio of 39.59, a price-to-earnings-growth ratio of 1.92 and a beta of 1.17.

Amphenol (NYSE:APH - Get Free Report) last released its earnings results on Wednesday, April 23rd. The electronics maker reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.11. The company had revenue of $4.81 billion during the quarter, compared to the consensus estimate of $4.20 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. During the same quarter in the previous year, the company posted $0.40 earnings per share. As a group, equities research analysts forecast that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th were paid a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 0.87%. The ex-dividend date of this dividend was Tuesday, March 18th. Amphenol's payout ratio is 34.55%.

Analyst Ratings Changes

APH has been the subject of a number of recent research reports. US Capital Advisors set a $85.00 target price on Amphenol in a report on Thursday. UBS Group reiterated a "buy" rating and set a $85.00 price objective (up from $78.00) on shares of Amphenol in a research note on Thursday. Citigroup boosted their target price on shares of Amphenol from $75.00 to $85.00 and gave the company a "buy" rating in a research note on Thursday. Fox Advisors upgraded shares of Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 target price for the company in a research report on Thursday. Finally, Bank of America boosted their price target on shares of Amphenol from $75.00 to $85.00 and gave the company a "neutral" rating in a research report on Thursday, January 23rd. Four analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $82.58.

Amphenol 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.