Jump Financial LLC Sells 18,132 Shares of AptarGroup, Inc. (NYSE:ATR)

Jump Financial LLC cut its stake in AptarGroup, Inc. (NYSE:ATR - Free Report) by 92.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,575 shares of the industrial products company's stock after selling 18,132 shares during the period. Jump Financial LLC's holdings in AptarGroup were worth $247,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Stonebridge Financial Group LLC acquired a new position in shares of AptarGroup in the 4th quarter worth approximately $42,000. Park Place Capital Corp acquired a new position in shares of AptarGroup in the 4th quarter worth approximately $67,000. Principal Securities Inc. increased its holdings in AptarGroup by 328.4% during the 4th quarter. Principal Securities Inc. now owns 437 shares of the industrial products company's stock valued at $69,000 after purchasing an additional 335 shares in the last quarter. Huntington National Bank increased its holdings in AptarGroup by 35.1% during the 4th quarter. Huntington National Bank now owns 462 shares of the industrial products company's stock valued at $73,000 after purchasing an additional 120 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in AptarGroup by 310.4% during the 4th quarter. Jones Financial Companies Lllp now owns 591 shares of the industrial products company's stock valued at $93,000 after purchasing an additional 447 shares in the last quarter. 88.52% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently weighed in on ATR. StockNews.com cut AptarGroup from a "buy" rating to a "hold" rating in a 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 report on Monday, February 10th. Raymond James dropped their price target on AptarGroup from $190.00 to $175.00 and set an "outperform" rating for the company in a report on Tuesday, April 22nd. Wells Fargo & Company decreased their price objective on AptarGroup from $180.00 to $170.00 and set an "overweight" rating on the stock in a research report on Monday, February 10th. Finally, 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 research report on Monday, January 6th. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $178.60.

AptarGroup Stock Down 1.5 %

NYSE:ATR opened at $149.17 on Monday. AptarGroup, Inc. has a 12-month low of $130.85 and a 12-month high of $178.03. The company has a quick ratio of 0.95, a current ratio of 1.38 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $9.84 billion, a P/E ratio of 26.93, a P/E/G ratio of 3.89 and a beta of 0.59. The stock's fifty day simple moving average is $145.94 and its 200-day simple moving average is $156.73.

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, topping the consensus estimate of $1.28 by $0.24. AptarGroup had a return on equity of 15.56% and a net margin of 10.45%. Equities research analysts expect that AptarGroup, Inc. will post 5.57 earnings per share for the current year.

AptarGroup Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, May 1st will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $1.80 annualized dividend and a dividend yield of 1.21%. AptarGroup's dividend payout ratio is currently 32.49%.

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.

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