Trillium Asset Management LLC Cuts Position in AptarGroup, Inc. (NYSE:ATR)

Trillium Asset Management LLC decreased its holdings in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 4.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 43,302 shares of the industrial products company's stock after selling 1,868 shares during the period. Trillium Asset Management LLC owned approximately 0.07% of AptarGroup worth $6,803,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of ATR. CIBC Asset Management Inc boosted its stake in shares of AptarGroup by 3.6% during the 3rd quarter. CIBC Asset Management Inc now owns 1,977 shares of the industrial products company's stock worth $317,000 after acquiring an additional 68 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of AptarGroup by 12.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 650 shares of the industrial products company's stock valued at $102,000 after buying an additional 72 shares in the last quarter. Commerce Bank boosted its position in shares of 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 buying an additional 75 shares in the last quarter. Blue Trust Inc. raised its position in AptarGroup by 9.3% during the fourth quarter. Blue Trust Inc. now owns 961 shares of the industrial products company's stock worth $154,000 after acquiring an additional 82 shares during the last quarter. Finally, Hanson & Doremus Investment Management lifted its holdings in shares of AptarGroup by 0.6% in the fourth quarter. Hanson & Doremus Investment Management now owns 16,683 shares of the industrial products company's stock valued at $2,621,000 after purchasing an additional 99 shares in the last quarter. 88.52% of the stock is owned by hedge funds and other institutional investors.

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AptarGroup Trading Up 2.2 %

NYSE ATR traded up $3.13 during trading hours on Monday, hitting $147.95. 463,787 shares of the company's stock were exchanged, compared to its average volume of 291,637. The business's 50 day moving average is $150.42 and its 200-day moving average is $158.84. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.95 and a current ratio of 1.38. AptarGroup, Inc. has a 12-month low of $135.96 and a 12-month high of $178.03. The firm has a market capitalization of $9.84 billion, a P/E ratio of 26.71, a price-to-earnings-growth ratio of 3.89 and a beta of 0.56.

AptarGroup (NYSE:ATR - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The industrial products company reported $1.52 earnings per share for the quarter, topping 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%. As a group, analysts anticipate that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Dividend Announcement

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

Analysts Set New Price Targets

ATR has been the subject of a number of recent research reports. Robert W. Baird dropped their price objective on shares of AptarGroup from $185.00 to $160.00 and set an "outperform" rating for the company in a research note on Monday, February 10th. StockNews.com downgraded AptarGroup from a "buy" rating to a "hold" rating in a research report on Monday, February 10th. Wells Fargo & Company reduced their price objective on AptarGroup from $180.00 to $170.00 and set an "overweight" rating on the stock in a research report on Monday, February 10th. Raymond James reiterated 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 lowered shares of AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 target price on the stock. in a report on Monday, January 6th. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $181.60.

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.