Alliance Wealth Advisors LLC UT Invests $302,000 in AptarGroup, Inc. (NYSE:ATR)

Alliance Wealth Advisors LLC UT purchased a new position in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,924 shares of the industrial products company's stock, valued at approximately $302,000.

Other large investors also recently bought and sold shares of the company. Hanson & Doremus Investment Management boosted its position in shares of AptarGroup by 0.6% during the 4th quarter. Hanson & Doremus Investment Management now owns 16,683 shares of the industrial products company's stock worth $2,621,000 after acquiring an additional 99 shares in the last quarter. Hantz Financial Services Inc. boosted its position in shares of AptarGroup by 689.4% during the 4th quarter. Hantz Financial Services Inc. now owns 64,541 shares of the industrial products company's stock worth $10,139,000 after acquiring an additional 56,365 shares in the last quarter. Moody Aldrich Partners LLC acquired a new position in shares of AptarGroup during the 4th quarter worth about $299,000. Mount Yale Investment Advisors LLC boosted its position in shares of AptarGroup by 288.5% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 4,934 shares of the industrial products company's stock valued at $775,000 after purchasing an additional 3,664 shares during the period. Finally, KBC Group NV boosted its position in shares of AptarGroup by 53.7% in the 4th quarter. KBC Group NV now owns 2,551 shares of the industrial products company's stock valued at $401,000 after purchasing an additional 891 shares during the period. Hedge funds and other institutional investors own 88.52% of the company's stock.

Insider Buying and Selling at AptarGroup

In other news, EVP Kimberly Chainey sold 964 shares of the firm's stock in a transaction on Friday, November 15th. The stock was sold at an average price of $168.83, for a total transaction of $162,752.12. Following the sale, the executive vice president now owns 7,848 shares in the company, valued at $1,324,977.84. This trade represents a 10.94 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is owned by insiders.

Analyst Ratings Changes

ATR has been the subject of a number of research analyst reports. Jefferies Financial Group raised AptarGroup from a "hold" rating to a "buy" rating and upped their target price for the company from $155.00 to $215.00 in a research report on Monday, October 14th. Raymond James initiated coverage on AptarGroup in a research report on Tuesday, January 7th. They issued an "outperform" rating and a $200.00 target price for the company. Robert W. Baird upped their target price on AptarGroup from $170.00 to $185.00 and gave the company an "outperform" rating in a research report on Monday, October 28th. Wells Fargo & Company decreased their target price on AptarGroup from $185.00 to $180.00 and set an "overweight" rating for the company in a research report on Monday, January 6th. Finally, Bank of America cut AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 target price for the company. in a research report on Monday, January 6th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $190.60.

AptarGroup Stock Performance

Shares of ATR stock traded down $13.19 during trading hours on Friday, reaching $143.26. 1,221,538 shares of the company's stock were exchanged, compared to its average volume of 299,160. The company has a market cap of $9.53 billion, a P/E ratio of 25.86, a price-to-earnings-growth ratio of 2.57 and a beta of 0.59. The company's 50 day moving average is $159.87 and its two-hundred day moving average is $158.85. AptarGroup, Inc. has a 1 year low of $131.51 and a 1 year high of $178.03. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.62 and a quick ratio of 1.15.

AptarGroup (NYSE:ATR - Get Free Report) last issued its earnings results on Thursday, February 6th. The industrial products company reported $1.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.28 by $0.24. AptarGroup had a return on equity of 15.62% and a net margin of 10.45%. Equities research analysts anticipate that AptarGroup, Inc. will post 5.95 EPS for the current fiscal year.

AptarGroup Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 5th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend is Wednesday, February 5th. AptarGroup's payout ratio is currently 32.49%.

About AptarGroup

AptarGroup, Inc designs and manufactures a range of drug delivery, consumer product dispensing, and active material science solutions and services for the pharmaceutical, beauty, personal care, home care, and food and beverage markets. The company operates through Aptar Pharma, Aptar Beauty, and Aptar Closures segments.