2 weeks Ago By Defense World Staff
Bokf Na lowered its holdings in shares of TE Connectivity Ltd. ( NYSE:TEL – Free Report ) by 71.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).
The firm owned 179 shares of the electronics maker’s stock after selling 456 shares during the period. Bokf Na’s holdings in TE Connectivity were worth $27,000 at the end of the most recent quarter. Several other institutional investors have also recently added to or reduced their stakes in the business.
Salem Investment Counselors Inc. lifted its position in shares of TE Connectivity by 112.4% during the 1st quarter.
Salem Investment Counselors Inc. now owns 189 shares of the electronics maker’s stock valued at $27,000 after acquiring an additional 100 shares during the period. Versant Capital Management Inc raised its holdings in shares of TE Connectivity by 209.
8% during the second quarter. Versant Capital Management Inc now owns 189 shares of the electronics maker’s stock valued at $28,000 after purchasing an additional 128 shares during the period. Olistico Wealth LLC bought a new position in shares of TE Connectivity during the 2nd quarter worth about $30,000.
Crewe Advisors LLC acquired a new stake in shares of TE Connectivity in the 4th quarter valued at about $33,000. Finally, Sachetta LLC bought a new stake in TE Connectivity in the 4th quarter valued at about $34,000. 91.
43% of the stock is owned by institutional investors and hedge funds. TE Connectivity Stock Up 1.3 % Shares of NYSE:TEL opened at $147.
78 on Wednesday. The company has a market capitalization of $45.25 billion, a PE ratio of 13.
52, a price-to-earnings-growth ratio of 1.96 and a beta of 1.33.
TE Connectivity Ltd. has a 1 year low of $115.00 and a 1 year high of $159.
98. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.
51 and a quick ratio of 0.99. The business has a fifty day moving average price of $150.
00 and a two-hundred day moving average price of $147.36. Insider Activity at TE Connectivity In other TE Connectivity news, SVP Robert J.
Ott sold 2,913 shares of the business’s stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $154.59, for a total value of $450,320.
67. Following the sale, the senior vice president now directly owns 25,504 shares in the company, valued at $3,942,663.36.
The sale was disclosed in a filing with the SEC, which is accessible through this link . In related news, SVP Robert J. Ott sold 2,913 shares of TE Connectivity stock in a transaction dated Wednesday, July 31st.
The stock was sold at an average price of $154.59, for a total value of $450,320.67.
Following the completion of the sale, the senior vice president now owns 25,504 shares of the company’s stock, valued at approximately $3,942,663.36. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink .
Also, CFO Heath A. Mitts sold 59,700 shares of the company’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $154.
70, for a total transaction of $9,235,590.00. Following the sale, the chief financial officer now directly owns 38,073 shares in the company, valued at $5,889,893.
10. The disclosure for this sale can be found here . Over the last quarter, insiders have sold 71,363 shares of company stock worth $11,042,161.
Insiders own 0.86% of the company’s stock. Wall Street Analysts Forecast Growth A number of brokerages have commented on TEL.
Vertical Research assumed coverage on TE Connectivity in a research note on Tuesday, July 23rd. They issued a “hold” rating and a $155.00 price objective for the company.
Wolfe Research upgraded shares of TE Connectivity from a “peer perform” rating to an “outperform” rating in a report on Thursday, September 5th. Robert W. Baird raised their price objective on shares of TE Connectivity from $162.
00 to $170.00 and gave the company an “outperform” rating in a research note on Thursday, July 25th. Truist Financial boosted their target price on shares of TE Connectivity from $151.
00 to $156.00 and gave the stock a “hold” rating in a research report on Thursday, July 25th. Finally, HSBC downgraded TE Connectivity from a “buy” rating to a “hold” rating and set a $162.
00 price target for the company. in a research note on Wednesday, July 24th. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company.
According to data from MarketBeat.com, TE Connectivity has a consensus rating of “Hold” and an average target price of $158.45.
Get Our Latest Stock Report on TE Connectivity About TE Connectivity ( Free Report ) TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.
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