Amphenol Co. (NYSE:APH) Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. lessened its position in Amphenol Co. (NYSE:APH) by 3.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 121,935 shares of the electronics maker’s stock after selling 4,789 shares during the quarter. Hantz Financial Services Inc.’s holdings in Amphenol were worth $8,468,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. increased its holdings in shares of Amphenol by 208.8% in the fourth quarter. Blue Trust Inc. now owns 27,095 shares of the electronics maker’s stock valued at $1,765,000 after purchasing an additional 18,322 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Amphenol by 50.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 268,219 shares of the electronics maker’s stock worth $17,477,000 after acquiring an additional 90,450 shares during the last quarter. LMR Partners LLP raised its holdings in shares of Amphenol by 315.1% during the 3rd quarter. LMR Partners LLP now owns 294,800 shares of the electronics maker’s stock worth $19,209,000 after acquiring an additional 223,784 shares during the period. Advisors Asset Management Inc. boosted its position in shares of Amphenol by 22.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 106,899 shares of the electronics maker’s stock valued at $6,966,000 after acquiring an additional 19,496 shares during the last quarter. Finally, Whalen Wealth Management Inc. purchased a new stake in shares of Amphenol in the third quarter valued at about $484,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Peter Straub sold 132,000 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $74.12, for a total transaction of $9,783,840.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Craig A. Lampo sold 300,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $71.56, for a total value of $21,468,000.00. Following the sale, the chief financial officer now directly owns 318,116 shares in the company, valued at $22,764,380.96. This trade represents a 48.53 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 612,000 shares of company stock worth $44,177,640 in the last quarter. 1.80% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

APH has been the topic of several recent analyst reports. TD Cowen boosted their target price on shares of Amphenol from $60.00 to $63.00 and gave the company a “hold” rating in a report on Friday, October 25th. The Goldman Sachs Group upped their price objective on Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Bank of America raised their target price on Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, January 23rd. Robert W. Baird upped their price target on Amphenol from $85.00 to $89.00 and gave the company an “outperform” rating in a research note on Thursday, January 23rd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Amphenol has a consensus rating of “Moderate Buy” and an average price target of $80.68.

Amphenol Stock Up 1.1 %

Amphenol stock opened at $69.34 on Thursday. The company has a current ratio of 2.37, a quick ratio of 1.33 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $83.60 billion, a P/E ratio of 36.21, a P/E/G ratio of 2.12 and a beta of 1.24. The stock’s fifty day simple moving average is $72.02 and its 200-day simple moving average is $67.96. Amphenol Co. has a twelve month low of $50.48 and a twelve month high of $79.39.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.05. The business had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.05 billion. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The company’s revenue was up 29.8% on a year-over-year basis. During the same period last year, the business earned $0.82 EPS. As a group, equities analysts expect that Amphenol Co. will post 2.17 earnings per share for the current fiscal year.

Amphenol Company Profile

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.