AptarGroup (NYSE:ATR) Trading Down 0.1% - Time to Sell?

AptarGroup, Inc. (NYSE:ATR - Get Free Report)'s share price fell 0.1% on Thursday . The stock traded as low as $145.89 and last traded at $145.90. 15,679 shares were traded during mid-day trading, a decline of 96% from the average session volume of 377,859 shares. The stock had previously closed at $146.03.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ATR. Raymond James reissued an "outperform" rating and issued a $190.00 price objective (down previously from $200.00) on shares of AptarGroup 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 price target on the stock. in a research report on Monday, January 6th. StockNews.com cut shares of AptarGroup from a "buy" rating to a "hold" rating in a research report on Monday, February 10th. Robert W. Baird cut their price target on shares of AptarGroup from $185.00 to $160.00 and set an "outperform" rating on the stock in a research report on Monday, February 10th. Finally, Wells Fargo & Company cut their price target on shares of AptarGroup from $180.00 to $170.00 and set an "overweight" rating on the stock in a research report on Monday, February 10th. Two investment 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 stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $181.60.

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AptarGroup Stock Up 1.4 %

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 has a market cap of $9.76 billion, a price-to-earnings ratio of 26.50, a price-to-earnings-growth ratio of 3.89 and a beta of 0.56. The stock's fifty day moving average is $151.14 and its two-hundred day moving average is $158.98.

AptarGroup (NYSE:ATR - Get Free Report) last posted its 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 15.56%. Sell-side analysts predict that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 5th were paid a $0.45 dividend. The ex-dividend date of this dividend was Wednesday, February 5th. This represents a $1.80 annualized dividend and a yield of 1.23%. AptarGroup's dividend payout ratio (DPR) is 32.49%.

Institutional Investors Weigh In On AptarGroup

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Howard Capital Management Group LLC grew its position in shares of AptarGroup by 0.4% during the 3rd quarter. Howard Capital Management Group LLC now owns 131,875 shares of the industrial products company's stock valued at $21,125,000 after acquiring an additional 558 shares during the period. Atria Investments Inc grew its position in shares of AptarGroup by 42.5% during the 3rd quarter. Atria Investments Inc now owns 4,299 shares of the industrial products company's stock valued at $689,000 after acquiring an additional 1,283 shares during the period. Aigen Investment Management LP bought a new position in shares of AptarGroup during the 3rd quarter valued at approximately $226,000. Oppenheimer Asset Management Inc. grew its position in shares of AptarGroup by 214.9% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 15,397 shares of the industrial products company's stock valued at $2,466,000 after acquiring an additional 10,508 shares during the period. Finally, KBC Group NV grew its position in shares of AptarGroup by 10.8% during the 3rd quarter. KBC Group NV now owns 1,660 shares of the industrial products company's stock valued at $266,000 after acquiring an additional 162 shares during the period. Hedge funds and other institutional investors own 88.52% of the company's stock.

AptarGroup Company 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.