Hantz Financial Services Inc. Acquires 56,365 Shares of AptarGroup, Inc. (NYSE:ATR)

Hantz Financial Services Inc. lifted its stake in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 689.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 64,541 shares of the industrial products company's stock after buying an additional 56,365 shares during the period. Hantz Financial Services Inc. owned about 0.10% of AptarGroup worth $10,139,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Moody Aldrich Partners LLC bought a new stake in AptarGroup during the fourth quarter worth $299,000. Mount Yale Investment Advisors LLC raised its stake in shares of AptarGroup by 288.5% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 4,934 shares of the industrial products company's stock worth $775,000 after purchasing an additional 3,664 shares during the period. KBC Group NV boosted its holdings in shares of AptarGroup by 53.7% in the 4th quarter. KBC Group NV now owns 2,551 shares of the industrial products company's stock worth $401,000 after buying an additional 891 shares during the last quarter. Blue Trust Inc. grew its position in AptarGroup by 9.3% during the fourth quarter. Blue Trust Inc. now owns 961 shares of the industrial products company's stock valued at $154,000 after buying an additional 82 shares during the period. Finally, Exchange Traded Concepts LLC increased its holdings in AptarGroup by 2.5% during the fourth quarter. Exchange Traded Concepts LLC now owns 4,906 shares of the industrial products company's stock worth $771,000 after buying an additional 120 shares during the last quarter. Institutional investors own 88.52% of the company's stock.

AptarGroup Stock Performance

NYSE:ATR traded down $1.42 during trading hours on Wednesday, reaching $157.00. The company had a trading volume of 265,785 shares, compared to its average volume of 274,816. The firm's 50 day moving average price is $162.42 and its 200-day moving average price is $158.47. The firm has a market cap of $10.45 billion, a price-to-earnings ratio of 31.53, a PEG ratio of 2.62 and a beta of 0.59. The company has a current ratio of 1.62, a quick ratio of 1.15 and a debt-to-equity ratio of 0.32. AptarGroup, Inc. has a 52 week low of $128.05 and a 52 week high of $178.03.

AptarGroup announced that its board has approved a share repurchase program on Thursday, October 10th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the industrial products company to reacquire up to 4.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its shares are undervalued.

AptarGroup Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 5th will be given a dividend of $0.45 per share. The ex-dividend date is Wednesday, February 5th. This represents a $1.80 annualized dividend and a yield of 1.15%. AptarGroup's dividend payout ratio (DPR) is 36.14%.

Insider Buying and Selling at AptarGroup

In other AptarGroup news, EVP Kimberly Chainey sold 964 shares of the company's stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $168.83, for a total value of $162,752.12. Following the completion of the sale, the executive vice president now owns 7,848 shares in the company, valued at $1,324,977.84. This represents a 10.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 1.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on ATR shares. Dbs Bank upgraded shares of AptarGroup from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, October 16th. Raymond James assumed coverage on shares of AptarGroup in a report on Tuesday, January 7th. They set an "outperform" rating and a $200.00 price objective for the company. Bank of America lowered AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 target price for the company. in a research note on Monday, January 6th. Wells Fargo & Company cut their price target on shares of AptarGroup from $185.00 to $180.00 and set an "overweight" rating on the stock in a report on Monday, January 6th. Finally, Robert W. Baird raised their price target on AptarGroup from $170.00 to $185.00 and gave the stock an "outperform" rating in a research note on Monday, October 28th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $190.60.

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.