TD Waterhouse Canada Inc. Increases Stock Holdings in AptarGroup, Inc. (NYSE:ATR)

TD Waterhouse Canada Inc. increased its holdings in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 34.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,398 shares of the industrial products company's stock after buying an additional 5,706 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in AptarGroup were worth $3,514,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in ATR. Vanguard Group Inc. increased its stake in shares of AptarGroup by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 7,207,015 shares of the industrial products company's stock valued at $1,132,222,000 after acquiring an additional 58,777 shares during the last quarter. FMR LLC increased its position in AptarGroup by 33.1% during the fourth quarter. FMR LLC now owns 2,481,563 shares of the industrial products company's stock worth $389,854,000 after purchasing an additional 617,365 shares during the last quarter. Geode Capital Management LLC increased its position in AptarGroup by 2.7% during the fourth quarter. Geode Capital Management LLC now owns 1,555,556 shares of the industrial products company's stock worth $248,570,000 after purchasing an additional 40,268 shares during the last quarter. Mawer Investment Management Ltd. raised its stake in AptarGroup by 4.4% during the fourth quarter. Mawer Investment Management Ltd. now owns 1,208,753 shares of the industrial products company's stock worth $189,895,000 after purchasing an additional 50,651 shares during the period. Finally, Norges Bank acquired a new position in shares of AptarGroup in the 4th quarter valued at $116,265,000. 88.52% of the stock is currently owned by hedge funds and other institutional investors.

AptarGroup Stock Up 2.6 %

NYSE ATR opened at $146.25 on Wednesday. The stock has a market cap of $9.65 billion, a PE ratio of 26.40, a P/E/G ratio of 3.89 and a beta of 0.59. The business has a 50 day moving average price of $145.69 and a two-hundred day moving average price of $156.94. AptarGroup, Inc. has a fifty-two week low of $130.85 and a fifty-two week 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.

AptarGroup (NYSE:ATR - Get Free Report) last released its quarterly 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%. As a group, sell-side analysts predict that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 1st will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend is Thursday, May 1st. AptarGroup's dividend payout ratio is currently 32.49%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ATR. Raymond James cut their target price on AptarGroup from $190.00 to $175.00 and set an "outperform" rating on the stock in a research report on Tuesday. StockNews.com downgraded AptarGroup from a "buy" rating to a "hold" rating in a report on Monday, February 10th. Wells Fargo & Company decreased 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. Bank of America lowered shares of AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 price target on the stock. in a report on Monday, January 6th. Finally, Robert W. Baird decreased their price objective on shares of AptarGroup from $185.00 to $160.00 and set an "outperform" rating for the company in a research note on Monday, February 10th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, AptarGroup has a consensus rating of "Moderate Buy" and a consensus price target of $178.60.

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.

Want to see what other hedge funds are holding ATR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AptarGroup, Inc. (NYSE:ATR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.