Calamos Advisors LLC Reduces Stake in Amphenol Co. (NYSE:APH)

Calamos Advisors LLC reduced its position in Amphenol Co. (NYSE:APH) by 1.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,034 shares of the electronics maker’s stock after selling 2,155 shares during the period. Calamos Advisors LLC’s holdings in Amphenol were worth $16,360,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of APH. FMR LLC increased its position in Amphenol by 1.3% during the third quarter. FMR LLC now owns 55,500,422 shares of the electronics maker’s stock worth $4,661,480,000 after buying an additional 691,964 shares in the last quarter. State Street Corp increased its position in Amphenol by 2.4% during the first quarter. State Street Corp now owns 24,794,281 shares of the electronics maker’s stock worth $2,031,342,000 after buying an additional 582,081 shares in the last quarter. JPMorgan Chase & Co. increased its position in Amphenol by 4.5% during the third quarter. JPMorgan Chase & Co. now owns 15,279,911 shares of the electronics maker’s stock worth $1,283,360,000 after buying an additional 653,354 shares in the last quarter. Moneta Group Investment Advisors LLC increased its position in Amphenol by 95,441.5% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 13,868,807 shares of the electronics maker’s stock worth $1,055,971,000 after buying an additional 13,854,291 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its position in Amphenol by 4.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 13,145,093 shares of the electronics maker’s stock worth $1,104,056,000 after buying an additional 564,110 shares in the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Jefferies Financial Group assumed coverage on Amphenol in a research report on Tuesday, April 9th. They issued a “hold” rating and a $125.00 price objective for the company. UBS Group lifted their price objective on Amphenol from $118.00 to $135.00 and gave the company a “buy” rating in a research report on Tuesday. JPMorgan Chase & Co. lifted their price objective on Amphenol from $118.00 to $125.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Stifel Nicolaus lifted their price objective on Amphenol from $88.00 to $95.00 and gave the company a “hold” rating in a research report on Thursday, January 25th. Finally, Robert W. Baird lifted their price objective on Amphenol from $100.00 to $106.00 and gave the company an “outperform” rating in a research report on Thursday, January 25th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $113.75.

Insider Buying and Selling

In related news, insider Peter Straub sold 20,000 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $110.64, for a total value of $2,212,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, insider Peter Straub sold 20,000 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $110.64, for a total value of $2,212,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider William J. Doherty sold 170,000 shares of the business’s stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $103.50, for a total value of $17,595,000.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 305,000 shares of company stock worth $31,846,050. 2.22% of the stock is currently owned by corporate insiders.

Amphenol Stock Up 0.6 %

Shares of APH traded up $0.61 during midday trading on Friday, reaching $111.49. 477,199 shares of the company were exchanged, compared to its average volume of 2,710,641. The stock has a 50-day moving average price of $110.77 and a 200-day moving average price of $98.35. The company has a market cap of $67.07 billion, a price-to-earnings ratio of 35.65, a P/E/G ratio of 3.18 and a beta of 1.30. Amphenol Co. has a 1-year low of $72.00 and a 1-year high of $119.59. The company has a current ratio of 2.17, a quick ratio of 1.48 and a debt-to-equity ratio of 0.47.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, January 24th. The electronics maker reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.05. The company had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.16 billion. Amphenol had a return on equity of 23.94% and a net margin of 15.36%. The firm’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.78 earnings per share. Research analysts expect that Amphenol Co. will post 3.28 earnings per share for the current year.

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Tuesday, March 19th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend was Monday, March 18th. Amphenol’s dividend payout ratio (DPR) is 28.30%.

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.