Grantham Mayo Van Otterloo & Co. LLC boosted its holdings in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 4.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 273,545 shares of the industrial products company's stock after purchasing an additional 10,619 shares during the period. Grantham Mayo Van Otterloo & Co. LLC owned approximately 0.41% of AptarGroup worth $42,974,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of ATR. Wealth Enhancement Advisory Services LLC grew its stake in shares of AptarGroup by 58.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 14,157 shares of the industrial products company's stock valued at $2,268,000 after purchasing an additional 5,248 shares during the last quarter. Geode Capital Management LLC lifted 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 period. Inspire Investing LLC increased its stake in AptarGroup by 282.9% in the 4th quarter. Inspire Investing LLC now owns 6,800 shares of the industrial products company's stock valued at $1,068,000 after buying an additional 5,024 shares during the period. GAMMA Investing LLC raised its position in AptarGroup by 67.6% during the 4th quarter. GAMMA Investing LLC now owns 1,002 shares of the industrial products company's stock worth $157,000 after buying an additional 404 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in AptarGroup by 1.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 9,418 shares of the industrial products company's stock worth $1,480,000 after buying an additional 127 shares during the last quarter. 88.52% of the stock is currently owned by institutional investors and hedge funds.
AptarGroup Stock Performance
Shares of AptarGroup stock traded down $3.59 on Thursday, reaching $140.16. 106,253 shares of the company were exchanged, compared to its average volume of 307,268. AptarGroup, Inc. has a 1-year low of $130.85 and a 1-year high of $178.03. The firm has a market cap of $9.25 billion, a price-to-earnings ratio of 25.31, a P/E/G ratio of 3.89 and a beta of 0.59. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.95 and a current ratio of 1.38. The company's 50-day moving average is $146.58 and its two-hundred day moving average is $157.86.
AptarGroup (NYSE:ATR - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The industrial products company reported $1.52 earnings per share for the quarter, topping analysts' consensus estimates of $1.28 by $0.24. AptarGroup had a net margin of 10.45% and a return on equity of 15.56%. As a group, research analysts expect that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.
AptarGroup Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 5th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date was Wednesday, February 5th. AptarGroup's dividend payout ratio (DPR) is 32.49%.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on ATR shares. Raymond James reissued an "outperform" rating and set a $190.00 price target (down from $200.00) on shares of AptarGroup in a report on Monday, February 10th. Wells Fargo & Company reduced their target price on AptarGroup from $180.00 to $170.00 and set an "overweight" rating for the company in a 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 on the stock in a research note on Monday, February 10th. 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 report on Monday, January 6th. Finally, StockNews.com lowered AptarGroup from a "buy" rating to a "hold" rating in a research note on Monday, February 10th. Two research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $181.60.
Read Our Latest Report on ATR
About AptarGroup
(
Free Report)
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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