21,366 Shares in AptarGroup, Inc. (NYSE:ATR) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC purchased a new position in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 21,366 shares of the industrial products company's stock, valued at approximately $3,357,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew 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 period. Natixis Advisors LLC boosted its position in shares of AptarGroup by 43.8% in the 3rd quarter. Natixis Advisors LLC now owns 113,503 shares of the industrial products company's stock worth $18,182,000 after buying an additional 34,573 shares in the last quarter. Eagle Asset Management Inc. boosted its position in shares of AptarGroup by 43.9% in the 3rd quarter. Eagle Asset Management Inc. now owns 40,202 shares of the industrial products company's stock worth $7,066,000 after buying an additional 12,271 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of AptarGroup by 5.8% in the 3rd quarter. Geode Capital Management LLC now owns 1,515,288 shares of the industrial products company's stock worth $245,444,000 after buying an additional 83,452 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its position in shares of AptarGroup by 29.4% in the 3rd quarter. Victory Capital Management Inc. now owns 2,106,885 shares of the industrial products company's stock worth $337,502,000 after buying an additional 479,193 shares in the last quarter. 88.52% of the stock is owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Bank of America lowered shares of 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. Raymond James reiterated an "outperform" rating and issued a $190.00 price objective (down from $200.00) on shares of AptarGroup in a research report on Monday, February 10th. Robert W. Baird decreased their price objective on shares of AptarGroup from $185.00 to $160.00 and set an "outperform" rating on the stock in a research report on Monday, February 10th. Wells Fargo & Company decreased their price objective on shares of AptarGroup from $180.00 to $170.00 and set an "overweight" rating on the stock in a research report on Monday, February 10th. Finally, StockNews.com lowered shares of AptarGroup from a "buy" rating to a "hold" rating in a report 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 assigned a strong buy rating to the company. Based on data from MarketBeat.com, AptarGroup presently has an average rating of "Moderate Buy" and a consensus target price of $181.60.

AptarGroup Trading Up 1.1 %

NYSE:ATR traded up $1.72 on Friday, reaching $152.87. The stock had a trading volume of 480,214 shares, compared to its average volume of 389,252. The company has a market cap of $10.16 billion, a price-to-earnings ratio of 27.59, a P/E/G ratio of 3.89 and a beta of 0.56. 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 firm's fifty day moving average is $152.03 and its two-hundred day moving average is $159.01. AptarGroup, Inc. has a 12-month low of $135.96 and a 12-month 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 for the quarter, topping 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%. Equities analysts expect that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 5th were issued a dividend of $0.45 per share. The ex-dividend date was Wednesday, February 5th. This represents a $1.80 annualized dividend and a dividend yield of 1.18%. AptarGroup's 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.