Ossiam Has $767,000 Stake in AptarGroup, Inc. (NYSE:ATR)

Ossiam grew its position in AptarGroup, Inc. (NYSE:ATR - Free Report) by 101.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,880 shares of the industrial products company's stock after buying an additional 2,462 shares during the quarter. Ossiam's holdings in AptarGroup were worth $767,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of ATR. Wealth Enhancement Advisory Services LLC increased its stake in shares of AptarGroup by 58.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 14,157 shares of the industrial products company's stock worth $2,268,000 after purchasing an additional 5,248 shares during the last quarter. Inspire Investing LLC raised its holdings in AptarGroup by 282.9% in the 4th quarter. Inspire Investing LLC now owns 6,800 shares of the industrial products company's stock valued at $1,068,000 after acquiring an additional 5,024 shares in the last quarter. GAMMA Investing LLC boosted its stake in AptarGroup by 67.6% during the fourth quarter. GAMMA Investing LLC now owns 1,002 shares of the industrial products company's stock worth $157,000 after buying an additional 404 shares in the last quarter. Pictet Asset Management Holding SA raised its position in AptarGroup by 13.7% in the fourth quarter. Pictet Asset Management Holding SA now owns 9,513 shares of the industrial products company's stock worth $1,494,000 after purchasing an additional 1,146 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of AptarGroup by 1.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 9,418 shares of the industrial products company's stock worth $1,480,000 after buying an additional 127 shares during the period. Hedge funds and other institutional investors own 88.52% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Wells Fargo & Company dropped their price target on AptarGroup from $180.00 to $170.00 and set an "overweight" rating for the company in a report on Monday, February 10th. StockNews.com cut shares of AptarGroup from a "buy" rating to a "hold" rating in a research report on Monday, February 10th. Raymond James decreased their price objective on AptarGroup from $190.00 to $175.00 and set an "outperform" rating for the company in a report on Tuesday. Bank of America cut AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 price objective for the company. in a report on Monday, January 6th. Finally, Robert W. Baird lowered their price objective on shares of AptarGroup from $185.00 to $160.00 and set an "outperform" rating on the stock in a research note on Monday, February 10th. Two equities research 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 stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $178.60.

AptarGroup Stock Performance

AptarGroup stock traded down $2.29 during midday trading on Friday, hitting $149.17. The company's stock had a trading volume of 220,485 shares, compared to its average volume of 306,731. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.38 and a quick ratio of 0.95. The company has a market cap of $9.84 billion, a price-to-earnings ratio of 26.93, a PEG ratio of 3.89 and a beta of 0.59. The company has a 50-day moving average price of $145.90 and a two-hundred day moving average price of $156.83. AptarGroup, Inc. has a 1-year low of $130.85 and a 1-year high of $178.03.

AptarGroup (NYSE:ATR - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The industrial products company reported $1.52 earnings per share (EPS) for the quarter, topping 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%. As a group, sell-side analysts predict that AptarGroup, Inc. will post 5.57 earnings per share for the current year.

AptarGroup Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, May 1st will be issued a $0.45 dividend. The ex-dividend date is Thursday, May 1st. This represents a $1.80 dividend on an annualized basis and a yield of 1.21%. AptarGroup's payout ratio 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.