Dixon Hubard Feinour & Brown Inc. VA lowered its position in shares of Amphenol Corporation (NYSE:APH) by 0.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 89,710 shares of the electronics maker’s stock after selling 650 shares during the period. Amphenol Corporation accounts for 1.9% of Dixon Hubard Feinour & Brown Inc. VA’s portfolio, making the stock its 13th largest position. Dixon Hubard Feinour & Brown Inc. VA’s holdings in Amphenol Corporation were worth $6,622,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BlackRock Inc. increased its position in Amphenol Corporation by 2,540.0% in the first quarter. BlackRock Inc. now owns 19,061,201 shares of the electronics maker’s stock worth $1,356,586,000 after buying an additional 18,339,185 shares during the period. Vanguard Group Inc. increased its position in Amphenol Corporation by 3.2% in the first quarter. Vanguard Group Inc. now owns 29,794,362 shares of the electronics maker’s stock worth $2,120,464,000 after buying an additional 914,857 shares during the period. Janus Capital Management LLC increased its position in Amphenol Corporation by 10.8% in the first quarter. Janus Capital Management LLC now owns 9,234,030 shares of the electronics maker’s stock worth $657,176,000 after buying an additional 900,961 shares during the period. UBS Asset Management Americas Inc. increased its position in Amphenol Corporation by 103.1% in the fourth quarter. UBS Asset Management Americas Inc. now owns 1,745,948 shares of the electronics maker’s stock worth $117,330,000 after buying an additional 886,502 shares during the period. Finally, Geode Capital Management LLC increased its position in Amphenol Corporation by 9.0% in the first quarter. Geode Capital Management LLC now owns 3,175,971 shares of the electronics maker’s stock worth $225,728,000 after buying an additional 261,287 shares during the period. 96.60% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Corporation (NYSE APH) traded up 0.39% during mid-day trading on Monday, reaching $74.84. 695,235 shares of the company’s stock traded hands. The stock has a market capitalization of $22.87 billion, a PE ratio of 26.55 and a beta of 0.77. Amphenol Corporation has a 52 week low of $58.34 and a 52 week high of $76.67. The stock’s 50 day moving average is $74.61 and its 200-day moving average is $70.78.

Amphenol Corporation (NYSE:APH) last announced its quarterly earnings results on Wednesday, April 26th. The electronics maker reported $0.71 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.05. The company had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.53 billion. Amphenol Corporation had a net margin of 13.93% and a return on equity of 24.24%. The firm’s revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.59 earnings per share. On average, equities analysts anticipate that Amphenol Corporation will post $2.97 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 11th. Shareholders of record on Monday, June 19th were paid a $0.16 dividend. The ex-dividend date was Thursday, June 15th. This represents a $0.64 annualized dividend and a yield of 0.86%. Amphenol Corporation’s dividend payout ratio is currently 22.70%.

COPYRIGHT VIOLATION NOTICE: “Dixon Hubard Feinour & Brown Inc. VA Reduces Position in Amphenol Corporation (NYSE:APH)” was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The correct version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/07/17/dixon-hubard-feinour-brown-inc-va-reduces-position-in-amphenol-corporation-nyseaph.html.

A number of research analysts have commented on APH shares. Cowen and Company started coverage on shares of Amphenol Corporation in a research report on Tuesday, March 21st. They set an “outperform” rating and a $85.00 target price on the stock. Zacks Investment Research raised shares of Amphenol Corporation from a “hold” rating to a “buy” rating and set a $85.00 price objective on the stock in a research report on Wednesday, June 7th. Deutsche Bank AG lifted their price objective on shares of Amphenol Corporation from $70.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, April 28th. Royal Bank Of Canada lifted their price objective on shares of Amphenol Corporation from $75.00 to $77.00 and gave the stock a “top pick” rating in a research report on Thursday, April 27th. Finally, Stifel Nicolaus lifted their price objective on shares of Amphenol Corporation from $64.00 to $72.00 and gave the stock a “hold” rating in a research report on Thursday, April 27th. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Amphenol Corporation has an average rating of “Buy” and an average price target of $78.38.

In other news, CEO Richard Adam Norwitt sold 200,000 shares of the firm’s stock in a transaction that occurred on Monday, May 15th. The shares were sold at an average price of $73.10, for a total transaction of $14,620,000.00. Following the transaction, the chief executive officer now directly owns 293,992 shares in the company, valued at $21,490,815.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Craig A. Lampo sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $72.86, for a total transaction of $1,092,900.00. Following the transaction, the chief financial officer now owns 40,000 shares in the company, valued at $2,914,400. The disclosure for this sale can be found here. Insiders sold 893,000 shares of company stock worth $66,184,060 over the last quarter. 2.92% of the stock is currently owned by insiders.

About Amphenol Corporation

Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The Company operates through two segments, which include Interconnect Products and Assemblies, and Cable Products and Solutions.

Institutional Ownership by Quarter for Amphenol Corporation (NYSE:APH)

Receive News & Stock Ratings for Amphenol Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol Corporation and related stocks with our FREE daily email newsletter.