Amphenol Co. (NYSE:APH) Shares Bought by Scotia Capital Inc.

Scotia Capital Inc. boosted its holdings in shares of Amphenol Co. (NYSE:APH - Free Report) by 128.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,984 shares of the electronics maker's stock after acquiring an additional 14,599 shares during the quarter. Scotia Capital Inc.'s holdings in Amphenol were worth $1,805,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Phoenix Financial Ltd. boosted its stake in shares of Amphenol by 203.1% during the fourth quarter. Phoenix Financial Ltd. now owns 20,632 shares of the electronics maker's stock valued at $1,434,000 after purchasing an additional 13,825 shares during the period. DRW Securities LLC boosted its position in Amphenol by 107.8% in the 4th quarter. DRW Securities LLC now owns 8,091 shares of the electronics maker's stock valued at $562,000 after buying an additional 4,198 shares during the period. Texas Yale Capital Corp. grew its stake in Amphenol by 0.8% in the 4th quarter. Texas Yale Capital Corp. now owns 84,601 shares of the electronics maker's stock worth $5,876,000 after acquiring an additional 687 shares in the last quarter. Azimuth Capital Investment Management LLC raised its stake in shares of Amphenol by 0.5% during the fourth quarter. Azimuth Capital Investment Management LLC now owns 554,172 shares of the electronics maker's stock valued at $38,487,000 after acquiring an additional 2,845 shares in the last quarter. Finally, Faithward Advisors LLC boosted its holdings in shares of Amphenol by 6.8% in the fourth quarter. Faithward Advisors LLC now owns 25,889 shares of the electronics maker's stock valued at $1,798,000 after purchasing an additional 1,655 shares during the period. Institutional investors own 97.01% of the company's stock.

Amphenol Stock Up 0.6 %

Shares of APH traded up $0.36 during mid-day trading on Friday, hitting $65.13. 6,052,594 shares of the company traded hands, compared to its average volume of 7,406,028. The company has a market capitalization of $78.93 billion, a PE ratio of 34.01, a price-to-earnings-growth ratio of 1.92 and a beta of 1.17. The company has a quick ratio of 1.75, a current ratio of 2.37 and a debt-to-equity ratio of 0.66. The business has a 50 day moving average of $65.49 and a 200 day moving average of $68.67. Amphenol Co. has a 1-year low of $54.72 and a 1-year high of $79.39.

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, beating analysts' consensus estimates of $0.50 by $0.05. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The business had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.05 billion. During the same quarter in the prior year, the business posted $0.82 EPS. Amphenol's revenue for the quarter was up 29.8% compared to the same quarter last year. Equities research analysts anticipate that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th were paid a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.01%. The ex-dividend date was Tuesday, March 18th. Amphenol's payout ratio is 34.55%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Bank of America upped their target price on Amphenol from $75.00 to $85.00 and gave the stock a "neutral" rating in a report on Thursday, January 23rd. UBS Group reduced their price target on shares of Amphenol from $90.00 to $78.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Citigroup dropped their price objective on shares of Amphenol from $89.00 to $75.00 and set a "buy" rating on the stock in a research note on Monday. Robert W. Baird boosted their price objective on shares of Amphenol from $85.00 to $89.00 and gave the stock an "outperform" rating in a research note on Thursday, January 23rd. Finally, The Goldman Sachs Group cut their price target on Amphenol from $89.00 to $72.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. Four equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Amphenol presently has an average rating of "Moderate Buy" and a consensus price target of $79.40.

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.