American Century Companies Inc. Has $85.83 Million Stock Position in AptarGroup, Inc. (NYSE:ATR)

American Century Companies Inc. lessened its stake in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 1.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 546,363 shares of the industrial products company's stock after selling 6,159 shares during the quarter. American Century Companies Inc. owned 0.82% of AptarGroup worth $85,834,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. FMR LLC grew its stake in AptarGroup by 13.0% during the third quarter. FMR LLC now owns 1,864,198 shares of the industrial products company's stock worth $298,626,000 after buying an additional 214,097 shares during the last quarter. Jupiter Asset Management Ltd. bought a new stake in AptarGroup during the 4th quarter worth approximately $22,925,000. Raymond James Financial Inc. acquired a new stake in AptarGroup during the 4th quarter valued at $21,941,000. Massachusetts Financial Services Co. MA raised its position in AptarGroup by 88.2% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 230,775 shares of the industrial products company's stock valued at $36,968,000 after purchasing an additional 108,175 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of AptarGroup by 5.8% during the third quarter. Geode Capital Management LLC now owns 1,515,288 shares of the industrial products company's stock worth $245,444,000 after purchasing an additional 83,452 shares during the last quarter. Institutional investors and hedge funds own 88.52% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ATR shares. Wells Fargo & Company cut their price target on AptarGroup from $180.00 to $170.00 and set an "overweight" rating for the company in a report on Monday, February 10th. Bank of America cut shares of AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 price objective for the company. in a research report on Monday, January 6th. StockNews.com lowered shares of AptarGroup from a "buy" rating to a "hold" rating in a research report on Monday, February 10th. Robert W. Baird lowered their price target on shares of AptarGroup from $185.00 to $160.00 and set an "outperform" rating for the company in a report on Monday, February 10th. Finally, Raymond James restated an "outperform" rating and issued a $190.00 price objective (down previously from $200.00) on shares of AptarGroup in a research report on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $181.60.

Remove Ads

AptarGroup Trading Down 1.7 %

NYSE ATR traded down $2.53 during trading hours on Friday, hitting $146.83. The company's stock had a trading volume of 239,805 shares, compared to its average volume of 303,562. AptarGroup, Inc. has a twelve month low of $135.96 and a twelve month high of $178.03. The firm has a market capitalization of $9.76 billion, a P/E ratio of 26.50, a PEG ratio of 3.89 and a beta of 0.56. The company has a quick ratio of 0.95, a current ratio of 1.38 and a debt-to-equity ratio of 0.28. The stock has a fifty day moving average of $149.87 and a 200 day moving average of $158.65.

AptarGroup (NYSE:ATR - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The industrial products company reported $1.52 earnings per share for the quarter, beating analysts' consensus estimates of $1.28 by $0.24. AptarGroup had a return on equity of 15.56% and a net margin of 10.45%. Equities research analysts forecast that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 5th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend was Wednesday, February 5th. AptarGroup's dividend payout ratio (DPR) is currently 32.49%.

AptarGroup Company Profile

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.