AptarGroup, Inc. (NYSE:ATR) Shares Purchased by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. boosted its stake in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 141.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 4,094 shares of the industrial products company's stock after purchasing an additional 2,397 shares during the period. Envestnet Portfolio Solutions Inc.'s holdings in AptarGroup were worth $643,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of ATR. Natixis Advisors LLC increased its holdings in AptarGroup by 6.7% in the fourth quarter. Natixis Advisors LLC now owns 121,095 shares of the industrial products company's stock valued at $19,024,000 after buying an additional 7,592 shares in the last quarter. Hilton Capital Management LLC grew its stake in AptarGroup by 4.5% in the 4th quarter. Hilton Capital Management LLC now owns 9,076 shares of the industrial products company's stock valued at $1,426,000 after acquiring an additional 394 shares during the period. Aviso Financial Inc. increased its holdings in AptarGroup by 22.2% in the 4th quarter. Aviso Financial Inc. now owns 11,267 shares of the industrial products company's stock worth $1,770,000 after acquiring an additional 2,047 shares in the last quarter. Commonwealth Equity Services LLC raised its position in AptarGroup by 23.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 5,351 shares of the industrial products company's stock worth $841,000 after acquiring an additional 1,000 shares during the period. Finally, Vestcor Inc purchased a new position in AptarGroup during the fourth quarter valued at $625,000. Hedge funds and other institutional investors own 88.52% of the company's stock.

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AptarGroup Trading Down 1.7 %

Shares of ATR stock traded down $2.53 on Friday, hitting $146.83. 239,805 shares of the stock traded hands, compared to its average volume of 303,340. 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 twelve month low of $135.96 and a twelve month high of $178.03. The firm's 50-day moving average price is $149.87 and its two-hundred day moving average price is $158.65. The stock has a market capitalization of $9.76 billion, a PE ratio of 26.50, a PEG 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 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%. As a group, analysts anticipate that AptarGroup, Inc. will post 5.57 EPS for the current 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 dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date was Wednesday, February 5th. AptarGroup's dividend payout ratio is presently 32.49%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on ATR shares. Raymond James restated an "outperform" rating and set a $190.00 price target (down previously from $200.00) on shares of AptarGroup in a research report on Monday, February 10th. Wells Fargo & Company decreased 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. Robert W. Baird dropped their price target 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 AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 price objective on the stock. in a report on Monday, January 6th. Finally, StockNews.com lowered shares of AptarGroup from a "buy" rating to a "hold" rating in a report on Monday, February 10th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price 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.