Boston Family Office LLC Has $27.09 Million Stock Position in AptarGroup, Inc. (NYSE:ATR)

Boston Family Office LLC reduced its holdings in AptarGroup, Inc. (NYSE:ATR - Free Report) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 172,452 shares of the industrial products company's stock after selling 2,119 shares during the quarter. AptarGroup comprises 1.9% of Boston Family Office LLC's portfolio, making the stock its 11th biggest holding. Boston Family Office LLC owned approximately 0.26% of AptarGroup worth $27,092,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Stonebridge Financial Group LLC acquired a new stake in AptarGroup in the 4th quarter valued at approximately $42,000. Park Place Capital Corp acquired a new stake in shares of AptarGroup in the fourth quarter worth $67,000. Principal Securities Inc. grew its stake in shares of AptarGroup by 328.4% in the fourth quarter. Principal Securities Inc. now owns 437 shares of the industrial products company's stock worth $69,000 after acquiring an additional 335 shares during the last quarter. Jones Financial Companies Lllp increased its position in AptarGroup by 310.4% during the fourth quarter. Jones Financial Companies Lllp now owns 591 shares of the industrial products company's stock worth $93,000 after acquiring an additional 447 shares during the period. Finally, Smartleaf Asset Management LLC boosted its holdings in AptarGroup by 12.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 650 shares of the industrial products company's stock valued at $102,000 after purchasing an additional 72 shares during the period. 88.52% of the stock is currently owned by institutional investors.

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Wall Street Analysts Forecast Growth

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

AptarGroup Price Performance

ATR stock traded down $8.58 during trading on Friday, hitting $140.09. The company had a trading volume of 531,626 shares, compared to its average volume of 305,110. The company has a fifty day moving average price of $148.57 and a two-hundred day moving average price of $158.49. AptarGroup, Inc. has a fifty-two week low of $135.96 and a fifty-two week high of $178.03. The company has a market cap of $9.32 billion, a P/E ratio of 25.29, a P/E/G ratio of 3.89 and a beta of 0.56. The company has a current ratio of 1.38, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28.

AptarGroup (NYSE:ATR - Get Free Report) last issued its earnings results on Thursday, February 6th. The industrial products company reported $1.52 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%. Equities 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 announced 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 1.28%. The ex-dividend date was Wednesday, February 5th. AptarGroup's payout ratio is currently 32.49%.

AptarGroup 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.