DSG Capital Advisors LLC Grows Holdings in Amphenol Corporation $APH

DSG Capital Advisors LLC raised its position in Amphenol Corporation (NYSE:APH) by 230.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,688 shares of the electronics maker’s stock after buying an additional 7,458 shares during the period. DSG Capital Advisors LLC’s holdings in Amphenol were worth $1,323,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Financial Management Professionals Inc. increased its position in shares of Amphenol by 82.6% during the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 90 shares during the last quarter. Alpine Bank Wealth Management bought a new position in Amphenol in the 3rd quarter valued at $30,000. Riggs Asset Managment Co. Inc. increased its position in shares of Amphenol by 200.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 168 shares during the last quarter. Howard Hughes Medical Institute bought a new stake in shares of Amphenol during the 2nd quarter worth $26,000. Finally, Evolution Wealth Management Inc. purchased a new position in shares of Amphenol in the 2nd quarter worth about $31,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Trading Up 7.2%

NYSE:APH opened at $166.69 on Wednesday. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $167.04. The stock’s fifty day moving average price is $140.60 and its two-hundred day moving average price is $126.71. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. The company has a market cap of $204.04 billion, a P/E ratio of 55.56, a P/E/G ratio of 0.94 and a beta of 1.21.

Insiders Place Their Bets

In other Amphenol news, CFO Craig A. Lampo sold 258,000 shares of Amphenol stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $143.20, for a total transaction of $36,945,600.00. Following the completion of the transaction, the chief financial officer owned 167,695 shares of the company’s stock, valued at $24,013,924. The trade was a 60.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider William J. Doherty sold 80,000 shares of the stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $142.00, for a total transaction of $11,360,000.00. The SEC filing for this sale provides additional information. Insiders sold a total of 498,076 shares of company stock worth $70,996,906 in the last quarter. 1.67% of the stock is owned by company insiders.

Analyst Ratings Changes

APH has been the topic of several research reports. Evercore ISI reaffirmed an “outperform” rating and issued a $165.00 price objective on shares of Amphenol in a research report on Tuesday, January 20th. Robert W. Baird set a $139.00 price target on shares of Amphenol and gave the stock an “outperform” rating in a report on Friday, October 10th. Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating and upped their price objective for the company from $120.00 to $150.00 in a research note on Wednesday, October 15th. Citigroup reissued a “buy” rating and issued a $175.00 target price (up from $160.00) on shares of Amphenol in a research report on Monday, January 12th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $183.00 price target on shares of Amphenol in a research report on Thursday, January 15th. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Amphenol currently has a consensus rating of “Moderate Buy” and an average price target of $149.54.

About Amphenol

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.