XTX Topco Ltd Makes New Investment in AptarGroup, Inc. (NYSE:ATR)

XTX Topco Ltd purchased a new stake in AptarGroup, Inc. (NYSE:ATR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 5,313 shares of the industrial products company's stock, valued at approximately $835,000.

Several other hedge funds have also recently modified their holdings of the business. Smartleaf Asset Management LLC raised its stake in AptarGroup by 12.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 650 shares of the industrial products company's stock worth $102,000 after buying an additional 72 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of AptarGroup by 9.3% during the 4th quarter. Blue Trust Inc. now owns 961 shares of the industrial products company's stock worth $154,000 after purchasing an additional 82 shares during the last quarter. Bessemer Group Inc. boosted its position in AptarGroup by 9.1% during the fourth quarter. Bessemer Group Inc. now owns 1,028 shares of the industrial products company's stock valued at $162,000 after purchasing an additional 86 shares in the last quarter. Hanson & Doremus Investment Management grew its stake in AptarGroup by 0.6% in the fourth quarter. Hanson & Doremus Investment Management now owns 16,683 shares of the industrial products company's stock valued at $2,621,000 after purchasing an additional 99 shares during the last quarter. Finally, Louisiana State Employees Retirement System grew its stake in AptarGroup by 0.5% in the fourth quarter. Louisiana State Employees Retirement System now owns 18,500 shares of the industrial products company's stock valued at $2,906,000 after purchasing an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 88.52% of the company's stock.

AptarGroup Stock Performance

ATR traded up $3.08 during trading on Tuesday, reaching $145.66. 31,569 shares of the company's stock were exchanged, compared to its average volume of 306,368. The company's fifty day simple moving average is $145.62 and its 200-day simple moving average is $157.01. The stock has a market capitalization of $9.61 billion, a P/E ratio of 26.29, a price-to-earnings-growth ratio of 3.89 and a beta of 0.59. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.38 and a quick ratio of 0.95. AptarGroup, Inc. has a 1 year low of $130.85 and a 1 year high of $178.03.

AptarGroup (NYSE:ATR - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The industrial products company reported $1.52 EPS for the quarter, beating 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%. As a group, research analysts predict that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, May 1st will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 1.24%. The ex-dividend date is Thursday, May 1st. AptarGroup's dividend payout ratio (DPR) is 32.49%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Bank of America cut 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. Wells Fargo & Company cut their price target on shares of AptarGroup from $180.00 to $170.00 and set an "overweight" rating on the stock in a report on Monday, February 10th. StockNews.com lowered AptarGroup from a "buy" rating to a "hold" rating in a report on Monday, February 10th. Robert W. Baird reduced their target price on AptarGroup from $185.00 to $160.00 and set an "outperform" rating on the stock in a research report on Monday, February 10th. Finally, Raymond James reiterated an "outperform" rating and issued a $190.00 price target (down from $200.00) on shares of AptarGroup in a research note on Monday, February 10th. Two research 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. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $181.60.

About AptarGroup

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.