SG Americas Securities LLC reduced its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 77.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,771 shares of the electronics maker’s stock after selling 49,923 shares during the period. SG Americas Securities LLC’s holdings in TE Connectivity were worth $1,227,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Russell Investments Group Ltd. increased its position in TE Connectivity by 10.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 227,441 shares of the electronics maker’s stock valued at $18,890,000 after buying an additional 22,345 shares in the last quarter. Stratos Wealth Partners LTD. increased its holdings in shares of TE Connectivity by 22.7% in the third quarter. Stratos Wealth Partners LTD. now owns 3,850 shares of the electronics maker’s stock valued at $320,000 after purchasing an additional 712 shares during the period. DekaBank Deutsche Girozentrale increased its holdings in shares of TE Connectivity by 9.7% in the third quarter. DekaBank Deutsche Girozentrale now owns 70,858 shares of the electronics maker’s stock valued at $5,724,000 after purchasing an additional 6,243 shares during the period. Teacher Retirement System of Texas increased its holdings in shares of TE Connectivity by 4.7% in the third quarter. Teacher Retirement System of Texas now owns 194,459 shares of the electronics maker’s stock valued at $16,152,000 after purchasing an additional 8,735 shares during the period. Finally, Rhumbline Advisers increased its holdings in shares of TE Connectivity by 0.4% in the third quarter. Rhumbline Advisers now owns 306,195 shares of the electronics maker’s stock valued at $25,433,000 after purchasing an additional 1,246 shares during the period. 90.24% of the stock is currently owned by institutional investors.

A number of research analysts have recently weighed in on the company. Wells Fargo & Company assumed coverage on TE Connectivity in a report on Friday, November 10th. They issued an “outperform” rating and a $105.00 price objective on the stock. Stifel Nicolaus reissued a “buy” rating and issued a $98.00 price objective on shares of TE Connectivity in a report on Friday, November 3rd. Robert W. Baird assumed coverage on TE Connectivity in a report on Friday, November 3rd. They issued an “outperform” rating and a $105.00 price objective on the stock. Morgan Stanley increased their price objective on TE Connectivity from $89.00 to $97.00 and gave the company an “overweight” rating in a report on Thursday, November 2nd. Finally, Zacks Investment Research raised TE Connectivity from a “sell” rating to a “buy” rating and set a $103.00 price objective on the stock in a report on Thursday, November 2nd. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and twelve have assigned a buy rating to the stock. TE Connectivity presently has an average rating of “Buy” and an average target price of $150.00.

In other TE Connectivity news, insider Thomas J. Lynch sold 186,033 shares of the stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $79.29, for a total transaction of $14,750,556.57. Following the transaction, the insider now owns 298,851 shares in the company, valued at $23,695,895.79. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Thomas J. Lynch sold 52,650 shares of the stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $94.32, for a total value of $4,965,948.00. The disclosure for this sale can be found here. Insiders have sold 815,221 shares of company stock worth $72,101,305 in the last quarter. 1.49% of the stock is currently owned by company insiders.

TE Connectivity Ltd. (NYSE:TEL) traded down $1.45 during trading on Thursday, reaching $94.25. The company had a trading volume of 1,683,700 shares, compared to its average volume of 1,426,927. The firm has a market capitalization of $33,651.68, a price-to-earnings ratio of 19.81, a price-to-earnings-growth ratio of 1.67 and a beta of 1.06. TE Connectivity Ltd. has a 12-month low of $66.20 and a 12-month high of $96.68. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.54.

TE Connectivity (NYSE:TEL) last posted its earnings results on Wednesday, November 1st. The electronics maker reported $1.25 EPS for the quarter, topping the consensus estimate of $1.16 by $0.09. The firm had revenue of $3.46 billion for the quarter, compared to analyst estimates of $3.28 billion. TE Connectivity had a return on equity of 18.97% and a net margin of 12.84%. TE Connectivity’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period last year, the company earned $1.22 earnings per share. sell-side analysts anticipate that TE Connectivity Ltd. will post 5.27 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Friday, November 24th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $1.60 dividend on an annualized basis and a yield of 1.70%. TE Connectivity’s dividend payout ratio is currently 33.97%.

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TE Connectivity Profile

TE Connectivity Ltd. is a technology company. The Company designs and manufactures connectivity and sensors solutions. It operates through three segments: Transportation Solutions, Industrial Solutions and Communications Solutions. The Transportation Solutions segment offers connectivity and sensor technologies.

Institutional Ownership by Quarter for TE Connectivity (NYSE:TEL)

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