AptarGroup, Inc. (NYSE:ATR) Shares Sold by Cerity Partners LLC

Cerity Partners LLC lowered its holdings in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 7.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,476 shares of the industrial products company's stock after selling 1,781 shares during the quarter. Cerity Partners LLC's holdings in AptarGroup were worth $3,413,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Smartleaf Asset Management LLC boosted its position in AptarGroup by 12.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 650 shares of the industrial products company's stock valued at $102,000 after buying an additional 72 shares during the period. Blue Trust Inc. lifted its holdings in shares of AptarGroup by 9.3% in the 4th quarter. Blue Trust Inc. now owns 961 shares of the industrial products company's stock worth $154,000 after buying an additional 82 shares during the period. Hanson & Doremus Investment Management increased its stake in shares of AptarGroup by 0.6% during the fourth quarter. Hanson & Doremus Investment Management now owns 16,683 shares of the industrial products company's stock valued at $2,621,000 after buying an additional 99 shares during the period. Louisiana State Employees Retirement System raised its holdings in shares of AptarGroup by 0.5% in the fourth quarter. Louisiana State Employees Retirement System now owns 18,500 shares of the industrial products company's stock valued at $2,906,000 after acquiring an additional 100 shares in the last quarter. Finally, CIBC Asset Management Inc grew its holdings in AptarGroup by 5.2% during the 4th quarter. CIBC Asset Management Inc now owns 2,079 shares of the industrial products company's stock worth $327,000 after acquiring an additional 102 shares in the last quarter. Institutional investors own 88.52% of the company's stock.

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AptarGroup Stock Performance

Shares of AptarGroup stock traded down $1.75 during trading on Tuesday, hitting $144.04. 250,673 shares of the company's stock were exchanged, compared to its average volume of 307,749. The business has a 50-day simple moving average of $145.76 and a 200-day simple moving average of $157.56. The stock has a market capitalization of $9.50 billion, a price-to-earnings ratio of 26.00, a PEG ratio of 3.89 and a beta of 0.59. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.95 and a current ratio of 1.38. AptarGroup, Inc. has a 52-week low of $130.85 and a 52-week high of $178.03.

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, beating 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%. On average, research analysts forecast that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors 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 1.25%. AptarGroup's dividend payout ratio is currently 32.49%.

Analysts Set New Price Targets

A number of equities analysts recently commented on ATR shares. 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. Robert W. Baird lowered their price target on shares of AptarGroup from $185.00 to $160.00 and set an "outperform" rating on the stock in a 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. Wells Fargo & Company lowered their price target on AptarGroup from $180.00 to $170.00 and set an "overweight" rating for the company in a report on Monday, February 10th. Finally, StockNews.com lowered shares of AptarGroup from a "buy" rating to a "hold" rating in a research note on Monday, February 10th. Two research 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 stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus 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.