Koch Industries Stake In Amphenol New (APH) Was Has Upped; As British American Tobacco Plc A (BTI) Share Value Declined, Holder First Foundation Advisors Boosted Its Holding

August 10, 2018 - By Alice Reed

British American Tobacco p.l.c. (NYSE:BTI) Logo

First Foundation Advisors increased its stake in British American Tobacco Plc A (BTI) by 13.24% based on its latest 2018Q1 regulatory filing with the SEC. First Foundation Advisors bought 50,790 shares as the company’s stock declined 18.30% with the market. The hedge fund held 434,258 shares of the farming and seeds and milling company at the end of 2018Q1, valued at $25.05 million, up from 383,468 at the end of the previous reported quarter. First Foundation Advisors who had been investing in British American Tobacco Plc A for a number of months, seems to be bullish on the $116.81B market cap company. The stock decreased 1.42% or $0.77 during the last trading session, reaching $53.31. About 1.03 million shares traded. British American Tobacco p.l.c. (NYSEMKT:BTI) has declined 28.62% since August 10, 2017 and is downtrending. It has underperformed by 41.19% the S&P500. Some Historical BTI News: 29/05/2018 – INSIGHT-Pakistan diluted proposed tobacco health warnings after Philip Morris, BAT lobbying; 25/04/2018 – BRITISH AMERICAN TOBACCO PLC – LOOKING FORWARD INTO 2018, FOREIGN CURRENCY EXCHANGE RATES ARE A HEADWIND FOR BUSINESS THIS YEAR; 25/04/2018 – BRITISH AMERICAN TOBACCO PLC – BY END OF 2018 OBJECTIVE TO MORE THAN DOUBLE REVENUE FROM NEXT GENERATION PRODUCTS TO SUBSTANTIALLY MORE THAN £1 BLN; 25/04/2018 – BRITISH AMERICAN TOBACCO PLC – GROUP REMAINS ON TRACK FOR ANOTHER GOOD YEAR OF EARNINGS GROWTH; 09/04/2018 – Fitch Affirms British American Tobacco at ‘BBB’; Outlook Stable; 15/03/2018 – British American Tobacco Underlines Commitment to Transforming Tobacco in Latest Group Reports; 21/05/2018 – BRITISH AMERICAN TOBACCO (MALAYSIA) BHD BATO.KL – QTRLY REVENUE 637.6 MLN RGT; 25/04/2018 – BRITISH AMERICAN TOBACCO- IF RATES FX WERE TO STAY AT CURRENT LEVELS, CO TO FACE TRANSLATIONAL FOREX HEADWIND OF 7% ON ORGANIC OPERATING PROFIT; 8% ON EPS; 16/03/2018 – Japan Tobacco and its peers — Philip Morris International , British American Tobacco and Imperial Brands — are grappling with slowing sales as more people give up smoking; 21/05/2018 – BRITISH AMERICAN TOBACCO (MALAYSIA) BHD – YEAR AGO QTRLY REVENUE 748.4 MLN RGT, NET PROFIT 114.2 MLN RGT

Koch Industries Inc increased its stake in Amphenol Corp New (APH) by 390.74% based on its latest 2018Q1 regulatory filing with the SEC. Koch Industries Inc bought 9,577 shares as the company’s stock declined 5.56% with the market. The institutional investor held 12,028 shares of the electrical products company at the end of 2018Q1, valued at $1.04 million, up from 2,451 at the end of the previous reported quarter. Koch Industries Inc who had been investing in Amphenol Corp New for a number of months, seems to be bullish on the $28.16 billion market cap company. The stock decreased 0.60% or $0.57 during the last trading session, reaching $93.75. About 401,147 shares traded. Amphenol Corporation (NYSE:APH) has risen 17.03% since August 10, 2017 and is uptrending. It has outperformed by 4.46% the S&P500. Some Historical APH News: 25/04/2018 – Amphenol Sees FY Sales $7.63B-$7.75B; 20/04/2018 – DJ Amphenol Corporation Class A, Inst Holders, 1Q 2018 (APH); 25/04/2018 – AMPHENOL BOOSTS QTR DIV TO 23C-SHR FROM 19C, EST. 19C; 17/05/2018 – Amphenol Industrial Honors Digi-Key Product Manager with Top Award; 02/04/2018 – Amphenol Corp.: Board Votes to Increase Number of Directors From Nine to Ten; 20/04/2018 – Amphenol Closes Below 200-Day Moving Average: Technicals; 15/05/2018 – Amphenol Corporation vs 3M Innovative Properties Company | Terminated-Dismissed | 05/15/2018; 23/04/2018 – Amphenol Corp expected to post earnings of 80 cents a share – Earnings Preview; 30/04/2018 – Voya MidCap Opportunities Adds NetApp, Exits Amphenol; 15/05/2018 – CUBIST BOOSTED A, APH, SPLK, FMC, D IN 1Q: 13F

More notable recent Amphenol Corporation (NYSE:APH) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For August 9, 2018” on August 09, 2018, also Benzinga.com with their article: “10 Biggest Price Target Changes For Thursday” published on August 09, 2018, Benzinga.com published: “Morgan Stanley Appreciates Amphenol’s Growth Profile, Defensive Nature” on August 09, 2018. More interesting news about Amphenol Corporation (NYSE:APH) were released by: Seekingalpha.com and their article: “Amphenol: Future Looks Bright” published on July 23, 2018 as well as Seekingalpha.com‘s news article titled: “Amphenol Corp. (APH) CEO Adam Norwitt on Q2 2018 Results – Earnings Call Transcript” with publication date: July 26, 2018.

Koch Industries Inc, which manages about $979.49 million US Long portfolio, decreased its stake in Allison Transmission Hldgs I (NYSE:ALSN) by 8,463 shares to 9,867 shares, valued at $385,000 in 2018Q1, according to the filing. It also reduced its holding in Nvidia Corp (NASDAQ:NVDA) by 3,821 shares in the quarter, leaving it with 2,150 shares, and cut its stake in Lennox Intl Inc (NYSE:LII).

Among 11 analysts covering Amphenol (NYSE:APH), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Amphenol had 50 analyst reports since July 23, 2015 according to SRatingsIntel. As per Tuesday, December 15, the company rating was initiated by Drexel Hamilton. The stock of Amphenol Corporation (NYSE:APH) has “Buy” rating given on Friday, September 15 by Cowen & Co. As per Wednesday, September 27, the company rating was maintained by Stifel Nicolaus. On Tuesday, September 1 the stock rating was upgraded by Zacks to “Hold”. Wells Fargo initiated Amphenol Corporation (NYSE:APH) on Friday, November 10 with “Outperform” rating. The rating was maintained by SunTrust with “Neutral” on Thursday, October 26. On Wednesday, January 3 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was upgraded by Bank of America to “Buy” on Friday, September 29. The firm has “Buy” rating by RBC Capital Markets given on Thursday, October 12. As per Tuesday, August 29, the company rating was maintained by RBC Capital Markets.

Investors sentiment decreased to 0.9 in 2018 Q1. Its down 0.01, from 0.91 in 2017Q4. It turned negative, as 34 investors sold APH shares while 211 reduced holdings. 65 funds opened positions while 155 raised stakes. 283.17 million shares or 2.03% less from 289.04 million shares in 2017Q4 were reported. Private Advisor Grp Inc Lc accumulated 0.02% or 4,524 shares. 23,655 were accumulated by Rmb Cap Management Lc. Bingham Osborn Scarborough Ltd Liability holds 327,290 shares or 2.66% of its portfolio. Norinchukin Financial Bank The reported 0.26% stake. Asset Management One owns 489,281 shares. Bbva Compass Savings Bank has 6,077 shares for 0.03% of their portfolio. 390,054 were accumulated by Pnc Fincl Svcs Inc. Schwab Charles Inv holds 0.07% or 1.11M shares. Fiera Cap Corp has 0.01% invested in Amphenol Corporation (NYSE:APH) for 23,382 shares. Greenwich Wealth Mngmt Ltd Liability Corp invested in 5,290 shares. Williams Jones And Ltd reported 2,953 shares. Prudential Inc stated it has 0.05% of its portfolio in Amphenol Corporation (NYSE:APH). Dorsey Wright Assocs accumulated 62,467 shares. Millennium Mngmt Ltd Limited Liability Company stated it has 0.07% in Amphenol Corporation (NYSE:APH). Mutual Of America Capital Ltd Liability stated it has 46,468 shares or 0.06% of all its holdings.

Since July 27, 2018, it had 0 buys, and 3 selling transactions for $6.69 million activity. The insider Lampo Craig A sold 32,500 shares worth $3.11M. Gavelle Jean-Luc had sold 30,000 shares worth $2.82 million.

More important recent British American Tobacco p.l.c. (NYSE:BTI) news were published by: Fool.com which released: “Why Tobacco Stocks Have Lost Around 20% This Year” on July 15, 2018, also Nasdaq.com published article titled: “3 Top Dividend Stocks With Yields Over 4%”, Fool.com published: “3 Top Dividend Stocks to Buy Right Now” on July 31, 2018. More interesting news about British American Tobacco p.l.c. (NYSE:BTI) was released by: Fool.com and their article: “3 Dividend Stocks That Pay You More Than Verizon Does” with publication date: August 01, 2018.

Amphenol Corporation (NYSE:APH) Institutional Positions Chart

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