Amphenol Corp (APH) Hits a 52-Week High

Amphenol Corporation

Amphenol Corporation

Municipal Employees Retirement System of MI reduced its stake in shares of Amphenol Corporation (NYSE:APH) by 5.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. Municipal Employees Retirement System of Michigan's holdings in Amphenol Corporation were worth $3,128,000 as of its most recent filing with the SEC.

These funds have shifted positions in (APH). Dupont Capital Management Corp acquired a new stake in Amphenol Corporation in the second quarter valued at approximately $109,000. Benjamin F. Edwards & Company Inc. raised its stake in Amphenol 103.9% in the third quarter. UBS Asset Management Americas Inc. now owns 2,663,455 shares of the electronics maker's stock valued at $196,616,000 after purchasing an additional 928,733 shares during the last quarter. Parallel Advisors LLC lifted its stake in Amphenol Corporation by 28.9% in the second quarter.

When discussing institutional holdings, checking out a public company's active positions is a good method of understanding how institutional investors see the value of the stock. Van ECK Associates Corp raised its stake in Amphenol 30.0% in the second quarter. Twin Capital Management Inc now holds 8,940 shares worth $757,000. Capital Research Global Investors now owns 3,170,204 shares of the electronics maker's stock valued at $234,024,000 after purchasing an additional 762,494 shares during the last quarter.

Several equities research analysts recently issued reports on the company.

Amphenol Corporation (APH)'s average Piotroski F-Score: 7 during the last 7 years. Cowen and Company reiterated an "outperform" rating and issued a $95.00 target price (up from $85.00) on shares of Amphenol Corporation in a research note on Tuesday, October 10th.

Amphenol Corporation's average Book Value per Share Growth Rate was 10.8 percent during the past 12 months. Finally, Deutsche Bank AG lifted their target price on shares of Amphenol Corporation from $95.00 to $96.00 and gave the company a "buy" rating in a research note on Thursday, October 26th. Five research analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the stock.

The company is trading up by 1.72% since yesterday's close of 86.72. With short interest at 3,894,358 and short average daily volume at 1,319,453, the short-interest ratio is 3.0 and the percentage of shorted shares is 0.01% as of October 31. Amphenol Corporation has a 1-year low of $66.00 and a 1-year high of $88.36. The stock has a market cap of $26,933.96, a PE ratio of 28.00, a PEG ratio of 2.71 and a beta of 0.80.

Amphenol Corporation (APH) shows its Return on Assets (ROA) value of 11 percent, while the Return on Equity (ROE) value is 25.8 percent and Return on Investment (ROI) value stands at 13.4 percent. In the last earnings report the EPS was $3.13 with 305.34M shares now outstanding. The firm had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.74 billion. The firm's revenue for the quarter was up 12.5% on a year-over-year basis.

A number of analysts offered their Estimated Earnings analysis for Amphenol Corporation (APH) for the current quarter.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 10th. Stockholders of record on Monday, December 18th will be issued a dividend of $0.19 per share. This represents a $0.64 annualized dividend and a dividend yield of 0.94%. The ex-dividend date is Friday, December 15th. Amphenol Corporation's dividend payout ratio is presently 24.28%.

ILLEGAL ACTIVITY NOTICE: "Municipal Employees Retirement System of Michigan Decreases Position in Amphenol Corporation (APH)" was first published by Week Herald and is owned by of Week Herald. If you happen to be reading this article on another website, it was stolen and illegally republished in violation of US and worldwide copyright law. The legal version of this article can be read at The shares were sold on August 22nd for an average price of $79.70. Following the sale, the chief financial officer now directly owns 40,000 shares in the company, valued at approximately $3,188,000. Also, CEO Richard Adam Norwitt sold 295,000 shares of the stock in a transaction on Monday, October 24th. Book value refers to the total amount a firm would be worth if it liquidated its assets and paid back all its liabilities. The stock was sold at an average price of $87.28, for a total transaction of $2,443,840.00. The disclosure for this sale can be found here. Insiders are a company's senior officers and directors, but can also be any group or person who owns over ten percent of that company's total voting shares.

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.