Johnson Financial Group Inc. Invests $75,000 in AptarGroup, Inc. (NYSE:ATR)

Johnson Financial Group Inc. acquired a new position in AptarGroup, Inc. (NYSE:ATR) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 480 shares of the industrial products company’s stock, valued at approximately $75,000.

A number of other hedge funds have also recently made changes to their positions in the business. Smartleaf Asset Management LLC boosted its stake in shares of 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 acquiring an additional 72 shares during the period. Blue Trust Inc. lifted its position in shares of AptarGroup by 9.3% in the fourth quarter. Blue Trust Inc. now owns 961 shares of the industrial products company’s stock worth $154,000 after buying an additional 82 shares in the last quarter. Bessemer Group Inc. lifted its position in shares of AptarGroup by 9.1% in the fourth quarter. Bessemer Group Inc. now owns 1,028 shares of the industrial products company’s stock worth $162,000 after buying an additional 86 shares in the last quarter. Hanson & Doremus Investment Management lifted its position in shares of AptarGroup by 0.6% in the fourth quarter. Hanson & Doremus Investment Management now owns 16,683 shares of the industrial products company’s stock worth $2,621,000 after buying an additional 99 shares in the last quarter. Finally, Louisiana State Employees Retirement System lifted its position in shares of 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 worth $2,906,000 after buying an additional 100 shares in the last quarter. Institutional investors own 88.52% of the company’s stock.

AptarGroup Stock Up 0.4 %

NYSE ATR opened at $149.65 on Tuesday. The company has a quick ratio of 0.95, a current ratio of 1.38 and a debt-to-equity ratio of 0.28. The company has a fifty day moving average of $145.99 and a two-hundred day moving average of $156.65. The firm has a market capitalization of $9.87 billion, a price-to-earnings ratio of 27.01, a PEG ratio of 3.89 and a beta of 0.59. AptarGroup, Inc. has a 52 week low of $130.85 and a 52 week high of $178.03.

AptarGroup (NYSE:ATR) last posted its quarterly earnings data on Thursday, February 6th. The industrial products company reported $1.52 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, analysts predict that AptarGroup, Inc. will post 5.57 earnings per share for the current year.

AptarGroup Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 1st will be issued a dividend of $0.45 per share. The ex-dividend date is Thursday, May 1st. This represents a $1.80 dividend on an annualized basis and a yield of 1.20%. AptarGroup’s payout ratio is 32.49%.

Analysts Set New Price Targets

ATR has been the topic of a number of research analyst reports. Wells Fargo & Company decreased their target price on AptarGroup from $180.00 to $170.00 and set an “overweight” rating on the stock in a research report on Monday, February 10th. Bank of America downgraded AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 target price on the stock. in a research report on Monday, January 6th. Raymond James decreased 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, April 22nd. Robert W. Baird decreased 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, StockNews.com lowered AptarGroup from a “buy” rating to a “hold” rating 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $178.60.

AptarGroup 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.