8,790 Shares in AptarGroup, Inc. (NYSE:ATR) Purchased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd purchased a new position in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 8,790 shares of the industrial products company's stock, valued at approximately $1,381,000.

Several other large investors also recently added to or reduced their stakes in ATR. Smartleaf Asset Management LLC grew its holdings in AptarGroup by 12.5% during 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 in the last quarter. Blue Trust Inc. increased its holdings in AptarGroup by 9.3% during the 4th quarter. Blue Trust Inc. now owns 961 shares of the industrial products company's stock worth $154,000 after acquiring an additional 82 shares during the period. Hanson & Doremus Investment Management lifted its stake in AptarGroup by 0.6% in the 4th quarter. Hanson & Doremus Investment Management now owns 16,683 shares of the industrial products company's stock worth $2,621,000 after purchasing an additional 99 shares in the last quarter. Louisiana State Employees Retirement System boosted its holdings in AptarGroup by 0.5% in the 4th quarter. Louisiana State Employees Retirement System now owns 18,500 shares of the industrial products company's stock valued at $2,906,000 after purchasing an additional 100 shares during the period. Finally, CIBC Asset Management Inc grew its position in shares of AptarGroup by 5.2% during the 4th quarter. CIBC Asset Management Inc now owns 2,079 shares of the industrial products company's stock valued at $327,000 after purchasing an additional 102 shares in the last quarter. Hedge funds and other institutional investors own 88.52% of the company's stock.

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AptarGroup Price Performance

ATR traded down $3.54 during midday trading on Thursday, hitting $140.22. The stock had a trading volume of 106,253 shares, compared to its average volume of 307,264. AptarGroup, Inc. has a 1 year low of $130.85 and a 1 year high of $178.03. 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 business has a fifty day moving average of $146.58 and a 200 day moving average of $157.86. The company has a market cap of $9.25 billion, a P/E ratio of 25.31, a price-to-earnings-growth ratio of 3.89 and a beta of 0.59.

AptarGroup (NYSE:ATR - Get Free Report) last released its earnings results on Thursday, February 6th. The industrial products company reported $1.52 earnings per share for the quarter, beating 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%. As a group, equities analysts forecast that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Announces Dividend

The company also recently announced 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 1.28%. The ex-dividend date of this dividend was Wednesday, February 5th. AptarGroup's dividend payout ratio is 32.49%.

Wall Street Analyst Weigh In

ATR has been the subject of several research analyst reports. Bank of America lowered AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 price objective for the company. in a research note on Monday, January 6th. 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 cut shares of AptarGroup from a "buy" rating to a "hold" rating in a research report on Monday, February 10th. Robert W. Baird dropped their target price 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. Finally, Wells Fargo & Company decreased their price target on shares of AptarGroup from $180.00 to $170.00 and set an "overweight" rating on the stock in a report on Monday, February 10th. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $181.60.

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.