GHP Investment Advisors Inc. Has $7.44 Million Holdings in AptarGroup, Inc. (NYSE:ATR)

GHP Investment Advisors Inc. trimmed its holdings in AptarGroup, Inc. (NYSE:ATR - Free Report) by 3.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 47,384 shares of the industrial products company's stock after selling 1,734 shares during the quarter. GHP Investment Advisors Inc. owned about 0.07% of AptarGroup worth $7,444,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ATR. CIBC Asset Management Inc increased its position in AptarGroup by 3.6% in the 3rd quarter. CIBC Asset Management Inc now owns 1,977 shares of the industrial products company's stock valued at $317,000 after acquiring an additional 68 shares in the last quarter. Commerce Bank raised its position in AptarGroup by 3.3% in the 3rd quarter. Commerce Bank now owns 2,349 shares of the industrial products company's stock worth $376,000 after purchasing an additional 75 shares during the last quarter. Ballentine Partners LLC lifted its holdings in AptarGroup by 2.3% during the 3rd quarter. Ballentine Partners LLC now owns 3,315 shares of the industrial products company's stock worth $531,000 after buying an additional 76 shares in the last quarter. Blue Trust Inc. boosted its position in AptarGroup by 9.3% in the 4th quarter. Blue Trust Inc. now owns 961 shares of the industrial products company's stock valued at $154,000 after buying an additional 82 shares during the last quarter. Finally, Hanson & Doremus Investment Management increased its stake in shares of AptarGroup by 0.6% in the 4th quarter. Hanson & Doremus Investment Management now owns 16,683 shares of the industrial products company's stock valued at $2,621,000 after buying an additional 99 shares during the period. Institutional investors and hedge funds own 88.52% of the company's stock.

Insider Transactions at AptarGroup

In related news, EVP Kimberly Chainey sold 964 shares of the firm's stock in a transaction on Friday, November 15th. The shares were sold at an average price of $168.83, for a total transaction of $162,752.12. Following the sale, the executive vice president now directly 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

ATR has been the topic of several research reports. Raymond James reaffirmed an "outperform" rating and set a $190.00 price target (down previously from $200.00) on shares of AptarGroup in a research note on Monday. Robert W. Baird reduced their target price on shares of AptarGroup from $185.00 to $160.00 and set an "outperform" rating on the stock in a research note on Monday. Bank of America downgraded shares of AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 price target for the company. in a research note on Monday, January 6th. Wells Fargo & Company reduced their price objective on shares of AptarGroup from $180.00 to $170.00 and set an "overweight" rating on the stock in a research note on Monday. Finally, Dbs Bank upgraded shares of AptarGroup from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 16th. One equities research 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 company's stock. According to data from MarketBeat.com, AptarGroup currently has an average rating of "Buy" and a consensus target price of $181.60.

AptarGroup Trading Down 0.0 %

AptarGroup stock traded down $0.04 during midday trading on Monday, hitting $143.14. 621,926 shares of the stock were exchanged, compared to its average volume of 349,544. The stock has a market capitalization of $9.52 billion, a PE ratio of 25.84, a P/E/G ratio of 2.57 and a beta of 0.59. The company has a fifty day simple moving average of $159.87 and a two-hundred day simple moving average of $159.05. The company has a quick ratio of 1.15, a current ratio of 1.62 and a debt-to-equity ratio of 0.32. AptarGroup, Inc. has a 52 week low of $134.57 and a 52 week high of $178.03.

AptarGroup (NYSE:ATR - Get Free Report) last announced its quarterly earnings results 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 15.62%. Equities research analysts anticipate that AptarGroup, Inc. will post 5.95 EPS for the current fiscal year.

AptarGroup Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 5th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Wednesday, February 5th. This represents a $1.80 annualized dividend and a dividend yield of 1.26%. AptarGroup's dividend payout ratio (DPR) 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.