Bokf Na Has $5.14 Million Holdings in Amphenol Co. (NYSE:APH)

Bokf Na trimmed its holdings in Amphenol Co. (NYSE:APH - Free Report) by 6.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,194 shares of the electronics maker's stock after selling 5,121 shares during the period. Bokf Na's holdings in Amphenol were worth $5,138,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Tacita Capital Inc increased its position in shares of Amphenol by 328.9% in the fourth quarter. Tacita Capital Inc now owns 386 shares of the electronics maker's stock worth $27,000 after purchasing an additional 296 shares during the period. Sierra Ocean LLC acquired a new stake in Amphenol during the fourth quarter worth about $28,000. Rialto Wealth Management LLC bought a new position in Amphenol in the 4th quarter valued at about $28,000. Rakuten Securities Inc. raised its position in shares of Amphenol by 703.8% in the 4th quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker's stock valued at $29,000 after buying an additional 366 shares in the last quarter. Finally, Hanson & Doremus Investment Management bought a new stake in shares of Amphenol during the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 97.01% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on APH shares. Citigroup boosted their price objective on shares of Amphenol from $75.00 to $85.00 and gave the company a "buy" rating in a research report on Thursday, April 24th. Fox Advisors raised Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 price target for the company in a report on Thursday, April 24th. The Goldman Sachs Group raised their price objective on Amphenol from $72.00 to $80.00 and gave the company a "buy" rating in a research note on Thursday, April 24th. Bank of America boosted their target price on Amphenol from $75.00 to $85.00 and gave the stock a "neutral" rating in a research note on Thursday, January 23rd. Finally, JPMorgan Chase & Co. increased their target price on shares of Amphenol from $85.00 to $91.00 and gave the stock an "overweight" rating in a report on Thursday, April 24th. Five analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $81.62.

Insider Activity at Amphenol

In other Amphenol news, VP Lance E. D'amico sold 175,000 shares of the company's stock in a transaction on Friday, April 25th. The shares were sold at an average price of $76.28, for a total transaction of $13,349,000.00. Following the sale, the vice president now owns 51,400 shares of the company's stock, valued at approximately $3,920,792. This represents a 77.30 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Richard Adam Norwitt sold 2,000,000 shares of Amphenol stock in a transaction dated Friday, April 25th. The stock was sold at an average price of $75.73, for a total value of $151,460,000.00. Following the completion of the transaction, the chief executive officer now directly owns 2,002,507 shares of the company's stock, valued at approximately $151,649,855.11. This trade represents a 49.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,178,500 shares of company stock worth $241,903,805 over the last ninety days. Insiders own 1.67% of the company's stock.

Amphenol Trading Down 0.5 %

APH opened at $79.79 on Wednesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75. Amphenol Co. has a fifty-two week low of $54.77 and a fifty-two week high of $81.30. The company's 50 day moving average price is $67.10 and its two-hundred day moving average price is $69.56. The firm has a market capitalization of $96.51 billion, a price-to-earnings ratio of 41.66, a PEG ratio of 1.92 and a beta of 1.10.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The electronics maker reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.11. The company had revenue of $4.81 billion for the quarter, compared to analysts' expectations of $4.20 billion. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. Amphenol's revenue for the quarter was up 47.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.40 earnings per share. As a group, research analysts predict that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Tuesday, June 17th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date of this dividend is Tuesday, June 17th. Amphenol's dividend payout ratio is currently 32.04%.

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.

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