AptarGroup, Inc. (NYSE:ATR) Shares Bought by Wells Fargo & Company MN

Wells Fargo & Company MN lifted its holdings in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 9.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 122,465 shares of the industrial products company's stock after purchasing an additional 10,933 shares during the quarter. Wells Fargo & Company MN owned about 0.18% of AptarGroup worth $19,239,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Broderick Brian C lifted its holdings in AptarGroup by 2.4% during the 4th quarter. Broderick Brian C now owns 86,147 shares of the industrial products company's stock worth $13,534,000 after buying an additional 1,980 shares in the last quarter. Huntington National Bank raised its stake in shares of AptarGroup by 35.1% in the fourth quarter. Huntington National Bank now owns 462 shares of the industrial products company's stock valued at $73,000 after acquiring an additional 120 shares in the last quarter. Groupama Asset Managment boosted its holdings in AptarGroup by 20.9% in the fourth quarter. Groupama Asset Managment now owns 5,397 shares of the industrial products company's stock valued at $846,000 after purchasing an additional 933 shares during the period. Trexquant Investment LP acquired a new position in AptarGroup during the 4th quarter worth $3,551,000. Finally, Headlands Technologies LLC acquired a new position in AptarGroup during the 4th quarter worth $416,000. Hedge funds and other institutional investors own 88.52% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Wells Fargo & Company decreased their price objective on AptarGroup from $180.00 to $170.00 and set an "overweight" rating for the company in a research note on Monday, February 10th. 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. Raymond James reissued 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. StockNews.com cut shares of AptarGroup from a "buy" rating to a "hold" rating in a research report on Monday, February 10th. Finally, Bank of America lowered AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 target price on the stock. in a report on Monday, January 6th. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $181.60.

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AptarGroup Stock Performance

Shares of AptarGroup stock traded down $1.75 on Tuesday, hitting $144.04. The stock had a trading volume of 250,673 shares, compared to its average volume of 307,749. The stock has a market cap of $9.50 billion, a price-to-earnings ratio of 26.00, a P/E/G ratio of 3.89 and a beta of 0.59. 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, Inc. has a 52-week low of $130.85 and a 52-week high of $178.03. The company's 50 day moving average price is $145.76 and its 200 day moving average price is $157.56.

AptarGroup (NYSE:ATR - Get Free Report) last announced its earnings results 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%. On average, research analysts anticipate that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 5th were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend was Wednesday, February 5th. AptarGroup's dividend 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.