Schroder Investment Management Group cut its position in AptarGroup, Inc. (NYSE:ATR - Free Report) by 34.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 230,898 shares of the industrial products company's stock after selling 121,671 shares during the quarter. Schroder Investment Management Group owned about 0.35% of AptarGroup worth $36,189,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in ATR. Stonebridge Financial Group LLC purchased a new stake in AptarGroup during the fourth quarter valued at about $42,000. Park Place Capital Corp purchased a new stake in shares of AptarGroup during the 4th quarter valued at approximately $67,000. Principal Securities Inc. boosted its holdings in AptarGroup by 328.4% in the 4th quarter. Principal Securities Inc. now owns 437 shares of the industrial products company's stock worth $69,000 after buying an additional 335 shares during the period. Jones Financial Companies Lllp grew its stake in AptarGroup by 310.4% in the 4th quarter. Jones Financial Companies Lllp now owns 591 shares of the industrial products company's stock valued at $93,000 after buying an additional 447 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in AptarGroup by 12.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 650 shares of the industrial products company's stock valued at $102,000 after acquiring an additional 72 shares during the period. Hedge funds and other institutional investors own 88.52% of the company's stock.
AptarGroup Price Performance
Shares of ATR stock traded down $8.58 during trading on Friday, hitting $140.09. The company had a trading volume of 531,626 shares, compared to its average volume of 305,110. The stock's 50-day moving average is $148.57 and its two-hundred day moving average is $158.53. The stock has a market capitalization of $9.24 billion, a price-to-earnings ratio of 25.29, a price-to-earnings-growth ratio of 3.89 and a beta of 0.59. The company has a quick ratio of 0.95, a current ratio of 1.38 and a debt-to-equity ratio of 0.28. AptarGroup, Inc. has a 52 week low of $135.96 and a 52 week high of $178.03.
AptarGroup (NYSE:ATR - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The industrial products company reported $1.52 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, analysts predict that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.
AptarGroup Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 5th were given a dividend of $0.45 per share. The ex-dividend date was Wednesday, February 5th. This represents a $1.80 dividend on an annualized basis and a yield of 1.28%. AptarGroup's payout ratio is 32.49%.
Analyst Ratings Changes
A number of equities analysts have recently commented on ATR shares. StockNews.com lowered AptarGroup from a "buy" rating to a "hold" rating in a report on Monday, February 10th. Wells Fargo & Company reduced their target price on AptarGroup from $180.00 to $170.00 and set an "overweight" rating for the company in a report on Monday, February 10th. Raymond James reissued an "outperform" rating and issued a $190.00 price target (down from $200.00) on shares of AptarGroup in a report on Monday, February 10th. Bank of America cut shares of AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 price objective for the company. in a research note on Monday, January 6th. Finally, Robert W. Baird lowered their target price 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 issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $181.60.
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About AptarGroup
(
Free Report)
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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