22,604 Shares in AptarGroup, Inc. (NYSE:ATR) Acquired by Trexquant Investment LP

Trexquant Investment LP purchased a new position in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 22,604 shares of the industrial products company's stock, valued at approximately $3,551,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Howard Capital Management Group LLC lifted its holdings in AptarGroup by 0.4% in the third quarter. Howard Capital Management Group LLC now owns 131,875 shares of the industrial products company's stock valued at $21,125,000 after buying an additional 558 shares during the period. Walleye Capital LLC bought a new position in shares of AptarGroup in the 3rd quarter worth about $684,000. Captrust Financial Advisors lifted its stake in shares of AptarGroup by 2.9% in the 3rd quarter. Captrust Financial Advisors now owns 4,570 shares of the industrial products company's stock valued at $732,000 after purchasing an additional 127 shares during the period. Stifel Financial Corp boosted its position in shares of AptarGroup by 4.1% during the 3rd quarter. Stifel Financial Corp now owns 4,386 shares of the industrial products company's stock valued at $703,000 after purchasing an additional 174 shares in the last quarter. Finally, State Street Corp grew its stake in AptarGroup by 0.5% during the third quarter. State Street Corp now owns 2,889,811 shares of the industrial products company's stock worth $462,919,000 after purchasing an additional 14,001 shares during the period. Institutional investors and hedge funds own 88.52% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Bank of America lowered AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 price target on the stock. in a research note on Monday, January 6th. StockNews.com downgraded AptarGroup from a "buy" rating to a "hold" rating in a research note on Monday, February 10th. Raymond James restated an "outperform" rating and set a $190.00 price objective (down previously from $200.00) on shares of AptarGroup in a report on Monday, February 10th. Wells Fargo & Company cut their target price on AptarGroup from $180.00 to $170.00 and set an "overweight" rating on the stock in a report on Monday, February 10th. Finally, Robert W. Baird decreased their price target 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 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, the company presently has a consensus rating of "Moderate Buy" and an average target price of $181.60.

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AptarGroup Stock Up 2.5 %

Shares of NYSE:ATR traded up $3.46 during mid-day trading on Friday, hitting $144.22. 203,037 shares of the company traded hands, compared to its average volume of 308,223. The stock has a market cap of $9.51 billion, a P/E ratio of 26.03, a P/E/G ratio of 3.89 and a beta of 0.59. The stock has a 50-day moving average price of $146.01 and a two-hundred day moving average price of $157.66. AptarGroup, Inc. has a 12-month low of $130.85 and a 12-month high of $178.03. The company has a current ratio of 1.38, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28.

AptarGroup (NYSE:ATR - Get Free Report) last posted its earnings results on Thursday, February 6th. The industrial products company reported $1.52 earnings per share (EPS) 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%. On average, equities research analysts forecast that AptarGroup, Inc. will post 5.57 earnings per share for the current year.

AptarGroup Dividend Announcement

The company also recently announced 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 annualized dividend and a dividend yield of 1.25%. AptarGroup's dividend 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.