AptarGroup (NYSE:ATR) Trading Down 0.3% - What's Next?

AptarGroup, Inc. (NYSE:ATR - Get Free Report)'s share price traded down 0.3% on Monday . The stock traded as low as $150.96 and last traded at $152.32. 55,258 shares were traded during mid-day trading, a decline of 86% from the average session volume of 381,623 shares. The stock had previously closed at $152.78.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. 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 note on Monday, January 6th. Wells Fargo & Company dropped their target price on shares of AptarGroup from $180.00 to $170.00 and set an "overweight" rating on the stock in a research note on Monday, February 10th. Robert W. Baird reduced their price target on shares of AptarGroup from $185.00 to $160.00 and set an "outperform" rating for the company 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. Finally, Raymond James reiterated an "outperform" rating and set a $190.00 target price (down from $200.00) on shares of AptarGroup in a research note on Monday, February 10th. Two research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $181.60.

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AptarGroup Price Performance

The company has a market cap of $9.66 billion, a P/E ratio of 26.23, a PEG ratio of 3.89 and a beta of 0.56. The firm's 50-day moving average is $151.51 and its two-hundred day moving average is $159.05. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.38 and a quick ratio of 0.95.

AptarGroup (NYSE:ATR - Get Free Report) last announced its 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%. Analysts anticipate that AptarGroup, Inc. will post 5.57 earnings per share for the current year.

AptarGroup Announces Dividend

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 of this dividend was Wednesday, February 5th. This represents a $1.80 dividend on an annualized basis and a yield of 1.24%. AptarGroup's dividend payout ratio is currently 32.49%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ATR. Vanguard Group Inc. lifted its position in shares of AptarGroup by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 7,207,015 shares of the industrial products company's stock valued at $1,132,222,000 after buying an additional 58,777 shares during the last quarter. State Street Corp raised its stake in shares of AptarGroup by 0.5% during the 3rd quarter. State Street Corp now owns 2,889,811 shares of the industrial products company's stock worth $462,919,000 after acquiring an additional 14,001 shares in the last quarter. FMR LLC lifted its position in AptarGroup by 33.1% during the fourth quarter. FMR LLC now owns 2,481,563 shares of the industrial products company's stock valued at $389,854,000 after acquiring an additional 617,365 shares during the last quarter. Geode Capital Management LLC boosted its stake in AptarGroup by 2.7% in the fourth quarter. Geode Capital Management LLC now owns 1,555,556 shares of the industrial products company's stock valued at $248,570,000 after acquiring an additional 40,268 shares in the last quarter. Finally, Mawer Investment Management Ltd. boosted its stake in AptarGroup by 4.4% in the fourth quarter. Mawer Investment Management Ltd. now owns 1,208,753 shares of the industrial products company's stock valued at $189,895,000 after acquiring an additional 50,651 shares in the last quarter. 88.52% of the stock is currently owned by institutional investors.

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.