Mitsubishi UFJ Trust & Banking Corp Purchases 2,778 Shares of AptarGroup, Inc. (NYSE:ATR)

Mitsubishi UFJ Trust & Banking Corp boosted its holdings in AptarGroup, Inc. (NYSE:ATR - Free Report) by 14.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,350 shares of the industrial products company's stock after buying an additional 2,778 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp's holdings in AptarGroup were worth $3,511,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Stonebridge Financial Group LLC acquired a new position in shares of AptarGroup in the fourth quarter valued at approximately $42,000. Park Place Capital Corp acquired a new position in AptarGroup in the 4th quarter valued at approximately $67,000. Principal Securities Inc. raised its stake in shares of AptarGroup by 328.4% during the fourth quarter. Principal Securities Inc. now owns 437 shares of the industrial products company's stock valued at $69,000 after acquiring an additional 335 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of AptarGroup by 310.4% during the fourth quarter. Jones Financial Companies Lllp now owns 591 shares of the industrial products company's stock worth $93,000 after purchasing an additional 447 shares during the period. Finally, Smartleaf Asset Management LLC grew its stake in shares of AptarGroup by 12.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 650 shares of the industrial products company's stock worth $102,000 after purchasing an additional 72 shares during the last quarter. Institutional investors and hedge funds own 88.52% of the company's stock.

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Wall Street Analysts Forecast Growth

ATR has been the subject of several analyst reports. Raymond James reaffirmed an "outperform" rating and set a $190.00 target price (down from $200.00) on shares of AptarGroup in a research report on Monday, February 10th. Bank of America downgraded AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 price objective for the company. in a research report on Monday, January 6th. Robert W. Baird reduced their target price on AptarGroup from $185.00 to $160.00 and set an "outperform" rating on the stock in a report on Monday, February 10th. StockNews.com lowered shares of AptarGroup from a "buy" rating to a "hold" rating in a research note on Monday, February 10th. Finally, Wells Fargo & Company dropped their price objective 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 investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, AptarGroup presently has a consensus rating of "Moderate Buy" and an average target price of $181.60.

AptarGroup Stock Down 5.8 %

ATR stock traded down $8.58 during trading on Friday, reaching $140.09. The stock had a trading volume of 531,626 shares, compared to its average volume of 305,110. 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 $148.57 and its two-hundred day moving average is $158.49. 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 company has a market capitalization of $9.32 billion, a price-to-earnings ratio of 25.29, a P/E/G ratio of 3.89 and a beta of 0.56.

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 net margin of 10.45% and a return on equity of 15.56%. Equities research analysts forecast that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 5th were given 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 (DPR) is presently 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.