AptarGroup, Inc. (NYSE:ATR) Shares Sold by Great Lakes Advisors LLC

Great Lakes Advisors LLC decreased its position in AptarGroup, Inc. (NYSE:ATR) by 41.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,068 shares of the industrial products company’s stock after selling 40,459 shares during the quarter. Great Lakes Advisors LLC owned 0.08% of AptarGroup worth $8,808,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Stonebridge Financial Group LLC acquired a new position in shares of AptarGroup in the 4th quarter worth approximately $42,000. Huntington National Bank boosted its position in AptarGroup by 312.0% during the 3rd quarter. Huntington National Bank now owns 342 shares of the industrial products company’s stock valued at $55,000 after purchasing an additional 259 shares during the period. Park Place Capital Corp acquired a new position in AptarGroup during the 4th quarter valued at approximately $67,000. Principal Securities Inc. boosted its position in AptarGroup by 328.4% during the 4th quarter. Principal Securities Inc. now owns 437 shares of the industrial products company’s stock valued at $69,000 after purchasing an additional 335 shares during the period. Finally, Jones Financial Companies Lllp boosted its position in AptarGroup by 310.4% during the 4th quarter. Jones Financial Companies Lllp now owns 591 shares of the industrial products company’s stock valued at $93,000 after purchasing an additional 447 shares during the period. Institutional investors and hedge funds own 88.52% of the company’s stock.

AptarGroup Trading Down 1.4 %

Shares of ATR stock opened at $145.82 on Thursday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.95 and a current ratio of 1.38. AptarGroup, Inc. has a 1 year low of $135.96 and a 1 year high of $178.03. The stock has a fifty day moving average of $151.51 and a two-hundred day moving average of $159.05. The firm has a market capitalization of $9.70 billion, a PE ratio of 26.32, a price-to-earnings-growth ratio of 3.89 and a beta of 0.56.

AptarGroup (NYSE:ATR) last announced its quarterly 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 return on equity of 15.56% and a net margin of 10.45%. As a group, research analysts expect that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 5th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date was Wednesday, February 5th. AptarGroup’s dividend payout ratio is presently 32.49%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ATR shares. Wells Fargo & Company reduced their price objective on AptarGroup from $180.00 to $170.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. Bank of America lowered AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 price objective for the company. in a research report on Monday, January 6th. Robert W. Baird reduced their price objective on AptarGroup from $185.00 to $160.00 and set an “outperform” rating for the company in a research report on Monday, February 10th. StockNews.com lowered AptarGroup from a “buy” rating to a “hold” rating in a research report on Monday, February 10th. Finally, Raymond James restated an “outperform” rating and set a $190.00 price objective (down previously from $200.00) on shares of AptarGroup in a research report on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, AptarGroup has an average rating of “Moderate Buy” and a consensus price target of $181.60.

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.