AptarGroup, Inc. (NYSE:ATR) Holdings Lifted by Broderick Brian C

Broderick Brian C lifted its holdings in AptarGroup, Inc. (NYSE:ATR - Free Report) by 2.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 86,147 shares of the industrial products company's stock after purchasing an additional 1,980 shares during the period. AptarGroup makes up 2.7% of Broderick Brian C's holdings, making the stock its 15th biggest holding. Broderick Brian C owned approximately 0.13% of AptarGroup worth $13,534,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in ATR. Huntington National Bank raised its stake in AptarGroup by 35.1% in the fourth quarter. Huntington National Bank now owns 462 shares of the industrial products company's stock valued at $73,000 after buying an additional 120 shares in the last quarter. Groupama Asset Managment increased its holdings in shares of AptarGroup by 20.9% in the fourth quarter. Groupama Asset Managment now owns 5,397 shares of the industrial products company's stock valued at $846,000 after purchasing an additional 933 shares during the period. Trexquant Investment LP acquired a new position in AptarGroup in the 4th quarter valued at $3,551,000. Headlands Technologies LLC purchased a new position in AptarGroup during the fourth quarter worth about $416,000. Finally, Geode Capital Management LLC lifted its holdings in shares of AptarGroup by 2.7% in the 4th quarter. Geode Capital Management LLC now owns 1,555,556 shares of the industrial products company's stock valued at $248,570,000 after buying an additional 40,268 shares during the period. 88.52% of the stock is owned by hedge funds and other institutional investors.

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AptarGroup Stock Up 0.9 %

Shares of AptarGroup stock traded up $1.18 during trading hours on Wednesday, hitting $134.84. 96,179 shares of the company's stock traded hands, compared to its average volume of 306,234. AptarGroup, Inc. has a twelve month low of $130.85 and a twelve month high of $178.03. The company has a market cap of $8.89 billion, a PE ratio of 24.34, a PEG ratio of 3.89 and a beta of 0.59. The company has a quick ratio of 0.95, a current ratio of 1.38 and a debt-to-equity ratio of 0.28. The stock has a 50 day simple moving average of $147.12 and a 200-day simple moving average of $158.04.

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%. Equities research analysts anticipate that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 5th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend was Wednesday, February 5th. AptarGroup's dividend payout ratio (DPR) is presently 32.49%.

Wall Street Analyst Weigh In

A number of research firms recently commented on ATR. Raymond James reissued 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 shares of AptarGroup from a "buy" rating to a "hold" rating in a report on Monday, February 10th. Robert W. Baird lowered 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. Bank of America lowered shares of AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 price target 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 on the stock in a research note on Monday, February 10th. Two equities 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 company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price 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.