Inceptionr LLC Purchases Shares of 4,704 AptarGroup, Inc. (NYSE:ATR)

Inceptionr LLC purchased a new position in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 4,704 shares of the industrial products company's stock, valued at approximately $739,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Capital Performance Advisors LLP bought a new position in shares of AptarGroup in the third quarter worth about $25,000. Stonebridge Financial Group LLC bought a new position in AptarGroup in the 4th quarter worth approximately $42,000. Huntington National Bank lifted its holdings in AptarGroup by 312.0% during the 3rd quarter. Huntington National Bank now owns 342 shares of the industrial products company's stock worth $55,000 after buying an additional 259 shares in the last quarter. Park Place Capital Corp bought a new position in AptarGroup in the 4th quarter valued at $67,000. Finally, Principal Securities Inc. increased its stake in shares of AptarGroup by 328.4% in the 4th quarter. Principal Securities Inc. now owns 437 shares of the industrial products company's stock valued at $69,000 after buying an additional 335 shares during the period. 88.52% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on ATR shares. Robert W. Baird decreased their price target on 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 downgraded shares of AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 price target for the company. in a research note on Monday, January 6th. Raymond James reaffirmed an "outperform" rating and set a $190.00 target price (down previously from $200.00) on shares of AptarGroup in a report on Monday, February 10th. Wells Fargo & Company cut their price target on AptarGroup from $180.00 to $170.00 and set an "overweight" rating on the stock in a research note on Monday, February 10th. Finally, StockNews.com cut 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 issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $181.60.

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AptarGroup Stock Down 1.6 %

NYSE ATR traded down $2.47 during trading hours on Tuesday, reaching $148.11. 304,021 shares of the company's stock were exchanged, compared to its average volume of 387,437. 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 one year low of $135.96 and a one year high of $178.03. The company's 50-day moving average is $151.91 and its two-hundred day moving average is $159.16. The company has a market capitalization of $9.85 billion, a price-to-earnings ratio of 26.73, a price-to-earnings-growth ratio of 3.89 and a beta of 0.56.

AptarGroup (NYSE:ATR - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The industrial products company reported $1.52 EPS 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, analysts forecast that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 5th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Wednesday, February 5th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.22%. AptarGroup's payout ratio is presently 32.49%.

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.