AptarGroup, Inc. (NYSE:ATR) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its stake in AptarGroup, Inc. (NYSE:ATR - Free Report) by 0.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 418,737 shares of the industrial products company's stock after purchasing an additional 2,885 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.63% of AptarGroup worth $65,784,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Capital Performance Advisors LLP acquired a new stake in shares of AptarGroup in the 3rd quarter valued at about $25,000. Stonebridge Financial Group LLC bought a new stake in shares of AptarGroup during the 4th quarter valued at about $42,000. Huntington National Bank grew its position in shares of AptarGroup by 312.0% during the 3rd quarter. Huntington National Bank now owns 342 shares of the industrial products company's stock valued at $55,000 after buying an additional 259 shares during the last quarter. Park Place Capital Corp bought a new stake in shares of AptarGroup during the 4th quarter valued at about $67,000. Finally, Principal Securities Inc. grew its position in shares of AptarGroup by 328.4% during the 4th quarter. Principal Securities Inc. now owns 437 shares of the industrial products company's stock valued at $69,000 after buying an additional 335 shares during the last quarter. Institutional investors and hedge funds own 88.52% of the company's stock.

AptarGroup Price Performance

NYSE ATR opened at $148.11 on Wednesday. AptarGroup, Inc. has a 52 week low of $135.96 and a 52 week high of $178.03. The company has a current ratio of 1.38, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28. The stock has a market cap of $9.85 billion, a price-to-earnings ratio of 26.73, a price-to-earnings-growth ratio of 3.89 and a beta of 0.56. The company has a 50-day moving average price of $151.73 and a two-hundred day moving average price of $159.15.

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

AptarGroup Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 5th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend was Wednesday, February 5th. AptarGroup's dividend payout ratio (DPR) is presently 32.49%.

Analyst Ratings Changes

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

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.

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