Universal Beteiligungs und Servicegesellschaft mbH Invests $100.69 Million in Amphenol Co. (NYSE:APH)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Amphenol Co. (NYSE:APH - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,449,782 shares of the electronics maker's stock, valued at approximately $100,687,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.12% of Amphenol as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in APH. Norges Bank purchased a new stake in shares of Amphenol during the 4th quarter worth approximately $1,378,794,000. Bank of America Corp DE lifted its position in shares of Amphenol by 294.0% during the 4th quarter. Bank of America Corp DE now owns 24,953,591 shares of the electronics maker's stock worth $1,733,027,000 after buying an additional 18,619,417 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Amphenol by 36.8% during the 4th 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 buying an additional 15,837,407 shares during the last quarter. Wellington Management Group LLP lifted its position in shares of Amphenol by 619.9% during the 4th quarter. Wellington Management Group LLP now owns 7,014,111 shares of the electronics maker's stock worth $487,130,000 after buying an additional 6,039,845 shares during the last quarter. Finally, Janus Henderson Group PLC raised its position in Amphenol by 118.4% in the 4th quarter. Janus Henderson Group PLC now owns 7,256,290 shares of the electronics maker's stock valued at $503,975,000 after purchasing an additional 3,933,269 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Analyst Ratings Changes

APH has been the subject of several research reports. Citigroup upped their price target on shares of Amphenol from $85.00 to $100.00 and gave the company a "buy" rating in a research report on Tuesday. Robert W. Baird upped their price target on shares of Amphenol from $73.00 to $85.00 and gave the company an "outperform" rating in a research report on Thursday, April 24th. TD Securities upped their price target on shares of Amphenol from $63.00 to $70.00 and gave the company a "hold" rating in a research report on Thursday, May 1st. UBS Group reiterated a "buy" rating and issued a $85.00 price target (up previously from $78.00) on shares of Amphenol in a research report on Thursday, April 24th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Amphenol from $85.00 to $91.00 and gave the company an "overweight" rating in a research note on Thursday, April 24th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $82.77.

Insider Activity at Amphenol

In other Amphenol news, insider William J. Doherty sold 126,000 shares of the company's stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $80.28, for a total value of $10,115,280.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP David M. Silverman sold 87,500 shares of the company's stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $80.03, for a total transaction of $7,002,625.00. Following the completion of the transaction, the vice president now owns 12,500 shares in the company, valued at approximately $1,000,375. This trade represents a 87.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 3,178,500 shares of company stock valued at $241,903,805. Insiders own 1.67% of the company's stock.

Amphenol Price Performance

Shares of NYSE:APH traded up $0.75 on Thursday, reaching $88.88. 7,740,131 shares of the company were exchanged, compared to its average volume of 7,483,155. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66. Amphenol Co. has a 1-year low of $54.77 and a 1-year high of $91.08. The firm has a market cap of $107.51 billion, a price-to-earnings ratio of 46.41, a price-to-earnings-growth ratio of 1.92 and a beta of 1.10. The company has a 50-day moving average of $73.92 and a 200-day moving average of $71.30.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly 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 business 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%. The business's revenue for the quarter was up 47.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.40 EPS. Equities analysts forecast that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The firm 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. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a $0.66 dividend on an annualized basis and a yield of 0.74%. Amphenol's payout ratio is 32.04%.

About Amphenol

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.