GTS Securities LLC Decreases Position in Amphenol Co. (NYSE:APH)

GTS Securities LLC cut its position in shares of Amphenol Co. (NYSE:APH - Free Report) by 72.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,045 shares of the electronics maker's stock after selling 37,676 shares during the quarter. GTS Securities LLC's holdings in Amphenol were worth $975,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in APH. Tacita Capital Inc boosted its position in shares of Amphenol by 328.9% during the fourth quarter. Tacita Capital Inc now owns 386 shares of the electronics maker's stock valued at $27,000 after purchasing an additional 296 shares in the last quarter. Sierra Ocean LLC bought a new stake in shares of Amphenol during the fourth quarter valued at approximately $28,000. Rialto Wealth Management LLC bought a new stake in shares of Amphenol during the fourth quarter valued at approximately $28,000. Rakuten Securities Inc. boosted its position in shares of Amphenol by 703.8% during the fourth quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker's stock valued at $29,000 after purchasing an additional 366 shares in the last quarter. Finally, Hanson & Doremus Investment Management bought a new stake in shares of Amphenol during the fourth quarter valued at approximately $32,000. 97.01% of the stock is currently owned by institutional investors.

Amphenol Price Performance

Shares of NYSE APH traded down $0.35 during mid-day trading on Friday, reaching $88.57. The company's stock had a trading volume of 2,611,858 shares, compared to its average volume of 7,453,963. The firm has a market capitalization of $107.14 billion, a PE ratio of 46.19, a P/E/G ratio of 1.92 and a beta of 1.10. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75. The stock has a fifty day moving average of $74.31 and a two-hundred day moving average of $71.41. Amphenol Co. has a 52 week low of $54.77 and a 52 week high of $90.13.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $4.81 billion during the quarter, compared to analyst estimates of $4.20 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The business's quarterly revenue was up 47.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.40 earnings per share. As a group, sell-side analysts anticipate that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders 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 0.75%. The ex-dividend date is Tuesday, June 17th. Amphenol's dividend payout ratio (DPR) is 32.04%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on APH shares. The Goldman Sachs Group boosted their price target on Amphenol from $72.00 to $80.00 and gave the stock a "buy" rating in a research note on Thursday, April 24th. Fox Advisors upgraded Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 price target for the company in a research note on Thursday, April 24th. Citigroup lifted their price objective on Amphenol from $85.00 to $100.00 and gave the stock a "buy" rating in a report on Tuesday. US Capital Advisors set a $85.00 price objective on Amphenol in a report on Thursday, April 24th. Finally, UBS Group lifted their price objective on Amphenol from $85.00 to $106.00 and gave the stock a "buy" rating in a report on Friday. Five 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, Amphenol presently has an average rating of "Moderate Buy" and an average target price of $84.38.

Insider Buying and Selling

In related news, VP David M. Silverman sold 87,500 shares of the business's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $80.03, for a total value of $7,002,625.00. Following the sale, the vice president now directly owns 12,500 shares in the company, valued at approximately $1,000,375. The trade was a 87.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider William J. Doherty sold 126,000 shares of the business's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $80.28, for a total value of $10,115,280.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,178,500 shares of company stock worth $241,903,805. Corporate insiders own 1.67% of the company's stock.

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.