AptarGroup (NYSE:ATR) Shares Down 0.1% - What's Next?

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

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Raymond James restated an "outperform" rating and set a $190.00 price objective (down previously from $200.00) on shares of AptarGroup in a report on Monday, February 10th. StockNews.com lowered AptarGroup from a "buy" rating to a "hold" rating in a research report on Monday, February 10th. Robert W. Baird cut their target price on AptarGroup from $185.00 to $160.00 and set an "outperform" rating on the stock in a research report on Monday, February 10th. Bank of America lowered AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 target price on the stock. in a research report on Monday, January 6th. Finally, Wells Fargo & Company cut their target price on AptarGroup from $180.00 to $170.00 and set an "overweight" rating on the stock in a research report on Monday, February 10th. Two research 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 stock. According to data from MarketBeat, AptarGroup presently has a consensus rating of "Moderate Buy" and a consensus price target of $181.60.

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AptarGroup Stock Up 1.4 %

The firm has a 50-day simple moving average of $151.14 and a 200 day simple moving average of $158.93. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.38 and a quick ratio of 0.95. The company has a market capitalization of $9.76 billion, a PE ratio of 26.50, a price-to-earnings-growth ratio of 3.89 and a beta of 0.56.

AptarGroup (NYSE:ATR - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The industrial products company reported $1.52 EPS 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, research analysts predict that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Dividend Announcement

The business also recently announced 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 was Wednesday, February 5th. This represents a $1.80 dividend on an annualized basis and a yield of 1.23%. AptarGroup's payout ratio is currently 32.49%.

Institutional Investors Weigh In On AptarGroup

Hedge funds have recently made changes to their positions in the business. Stonebridge Financial Group LLC bought a new stake in shares of AptarGroup during the fourth quarter valued at approximately $42,000. Huntington National Bank raised its holdings in shares of AptarGroup by 312.0% during the third quarter. Huntington National Bank now owns 342 shares of the industrial products company's stock valued at $55,000 after buying an additional 259 shares during the last quarter. Park Place Capital Corp bought a new stake in shares of AptarGroup during the fourth quarter valued at approximately $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 valued at $69,000 after buying an additional 335 shares during the last quarter. Finally, Johnson Financial Group Inc. bought a new stake in AptarGroup during the fourth quarter worth approximately $75,000. Institutional investors own 88.52% of the company's stock.

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.