Hantz Financial Services Inc. Sells 4,789 Shares of Amphenol Co. (NYSE:APH)

Hantz Financial Services Inc. reduced its stake in shares of Amphenol Co. (NYSE:APH - Free Report) by 3.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 121,935 shares of the electronics maker's stock after selling 4,789 shares during the period. Hantz Financial Services Inc.'s holdings in Amphenol were worth $8,468,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Jacobs Levy Equity Management Inc. raised its holdings in shares of Amphenol by 89.5% in the third quarter. Jacobs Levy Equity Management Inc. now owns 4,303,215 shares of the electronics maker's stock valued at $280,397,000 after purchasing an additional 2,032,402 shares during the last quarter. Two Sigma Advisers LP acquired a new stake in Amphenol in the 3rd quarter valued at $113,828,000. State Street Corp lifted its position in Amphenol by 3.0% during the 3rd quarter. State Street Corp now owns 53,534,216 shares of the electronics maker's stock worth $3,496,777,000 after buying an additional 1,537,880 shares in the last quarter. Point72 Asset Management L.P. boosted its stake in shares of Amphenol by 151.7% during the 3rd quarter. Point72 Asset Management L.P. now owns 2,210,672 shares of the electronics maker's stock worth $144,047,000 after buying an additional 1,332,298 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of Amphenol by 157.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,932,159 shares of the electronics maker's stock valued at $125,899,000 after acquiring an additional 1,180,944 shares in the last quarter. Institutional investors own 97.01% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently commented on APH shares. The Goldman Sachs Group increased their price target on Amphenol from $79.00 to $89.00 and gave the company a "buy" rating in a research report on Thursday, January 23rd. Bank of America increased their price objective on Amphenol from $75.00 to $85.00 and gave the company a "neutral" rating in a report on Thursday, January 23rd. Robert W. Baird boosted their target price on shares of Amphenol from $85.00 to $89.00 and gave the stock an "outperform" rating in a report on Thursday, January 23rd. TD Cowen raised their target price on shares of Amphenol from $60.00 to $63.00 and gave the company a "hold" rating in a research note on Friday, October 25th. Finally, Citigroup boosted their price target on Amphenol from $81.00 to $82.00 and gave the stock a "buy" rating in a research report on Friday, January 17th. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $80.68.

Insider Buying and Selling at Amphenol

In other Amphenol news, CFO Craig A. Lampo sold 300,000 shares of the company's stock in a transaction dated 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 completion of the transaction, the chief financial officer now owns 318,116 shares of the company's stock, valued at $22,764,380.96. This represents a 48.53 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP David M. Silverman sold 180,000 shares of the company's stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $71.81, for a total value of $12,925,800.00. Following the completion of the transaction, the vice president now directly owns 14,000 shares of the company's stock, valued at $1,005,340. This represents a 92.78 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 612,000 shares of company stock valued at $44,177,640. 1.80% of the stock is currently owned by corporate insiders.

Amphenol Stock Performance

NYSE APH traded up $2.07 during trading on Thursday, reaching $71.45. The company's stock had a trading volume of 2,002,505 shares, compared to its average volume of 7,993,323. Amphenol Co. has a 12 month low of $50.48 and a 12 month high of $79.39. The firm has a 50 day moving average price of $71.99 and a 200 day moving average price of $67.97. The firm has a market capitalization of $86.14 billion, a price-to-earnings ratio of 37.31, a price-to-earnings-growth ratio of 2.12 and a beta of 1.24. The company has a current ratio of 2.37, a quick ratio of 1.33 and a debt-to-equity ratio of 0.66.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, beating analysts' consensus estimates of $0.50 by $0.05. The business had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.05 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. Amphenol's revenue for the quarter was up 29.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.82 earnings per share. As a group, equities analysts anticipate that Amphenol Co. will post 2.17 EPS for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th will be paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.92%. Amphenol's payout ratio is presently 34.46%.

About Amphenol

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.