AptarGroup, Inc. (NYSE:ATR) Stake Increased by Aviso Financial Inc.

Aviso Financial Inc. increased its holdings in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 22.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,267 shares of the industrial products company's stock after buying an additional 2,047 shares during the quarter. Aviso Financial Inc.'s holdings in AptarGroup were worth $1,770,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Stonebridge Financial Group LLC acquired a new position in shares of AptarGroup in the 4th quarter valued at about $42,000. Huntington National Bank lifted its position in AptarGroup by 312.0% in the 3rd quarter. Huntington National Bank now owns 342 shares of the industrial products company's stock worth $55,000 after buying an additional 259 shares in the last quarter. Park Place Capital Corp purchased a new position in shares of AptarGroup during the 4th quarter valued at $67,000. Principal Securities Inc. raised its holdings in shares of AptarGroup by 328.4% during 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 in the last quarter. Finally, Jones Financial Companies Lllp boosted 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 valued at $93,000 after purchasing an additional 447 shares during the last quarter. 88.52% of the stock is owned by hedge funds and other institutional investors.

AptarGroup Price Performance

Shares of NYSE:ATR opened at $144.69 on Friday. AptarGroup, Inc. has a fifty-two week low of $135.96 and a fifty-two week high of $178.03. The business has a 50-day moving average of $151.32 and a two-hundred day moving average of $158.95. The stock has a market capitalization of $9.62 billion, a P/E ratio of 26.12, a P/E/G ratio of 3.89 and a beta of 0.56. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.38 and a quick ratio of 0.95.

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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 return on equity of 15.56% and a net margin of 10.45%. On average, equities research analysts predict that AptarGroup, Inc. will post 5.57 EPS 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 given 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 1.24%. AptarGroup's dividend payout ratio is presently 32.49%.

Analysts Set New Price Targets

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

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.

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