Natixis Advisors LLC boosted its holdings in AptarGroup, Inc. (NYSE:ATR – Free Report) by 6.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 121,095 shares of the industrial products company’s stock after acquiring an additional 7,592 shares during the quarter. Natixis Advisors LLC’s holdings in AptarGroup were worth $19,024,000 as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. Wealth Enhancement Advisory Services LLC grew its position in AptarGroup by 58.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 14,157 shares of the industrial products company’s stock valued at $2,268,000 after purchasing an additional 5,248 shares during the period. Eagle Asset Management Inc. boosted its holdings in AptarGroup by 43.9% during the 3rd quarter. Eagle Asset Management Inc. now owns 40,202 shares of the industrial products company’s stock worth $7,066,000 after acquiring an additional 12,271 shares during the last quarter. Geode Capital Management LLC boosted its holdings in AptarGroup by 5.8% during the 3rd quarter. Geode Capital Management LLC now owns 1,515,288 shares of the industrial products company’s stock worth $245,444,000 after acquiring an additional 83,452 shares during the last quarter. Inspire Investing LLC boosted its holdings in AptarGroup by 282.9% during the 4th quarter. Inspire Investing LLC now owns 6,800 shares of the industrial products company’s stock worth $1,068,000 after acquiring an additional 5,024 shares during the last quarter. Finally, Hantz Financial Services Inc. purchased a new position in AptarGroup during the 3rd quarter worth $1,310,000. Institutional investors and hedge funds own 88.52% of the company’s stock.
Wall Street Analyst Weigh In
ATR has been the topic of a number of analyst reports. Bank of America downgraded shares of AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 price objective on the stock. in a report on Monday, January 6th. Raymond James reaffirmed an “outperform” rating and set a $190.00 price objective (down from $200.00) on shares of AptarGroup in a report on Monday, February 10th. StockNews.com downgraded shares of AptarGroup from a “buy” rating to a “hold” rating in a report on Monday, February 10th. Robert W. Baird lowered their target price on AptarGroup from $185.00 to $160.00 and set an “outperform” rating on the stock in a research note on Monday, February 10th. Finally, Wells Fargo & Company lowered their target price on AptarGroup from $180.00 to $170.00 and set an “overweight” rating on the stock in a research note on Monday, February 10th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $181.60.
AptarGroup Trading Down 1.1 %
NYSE ATR opened at $146.27 on Wednesday. The stock has a market capitalization of $9.73 billion, a price-to-earnings ratio of 26.40, a PEG ratio of 3.89 and a beta of 0.56. AptarGroup, Inc. has a one year low of $135.96 and a one year high of $178.03. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.38 and a quick ratio of 0.95. The business’s fifty day moving average is $150.91 and its 200-day moving average is $158.96.
AptarGroup (NYSE:ATR – Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The industrial products company reported $1.52 earnings per share (EPS) for the quarter, beating 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%. Equities research analysts predict that AptarGroup, Inc. will post 5.57 EPS for the current year.
AptarGroup Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 5th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend was Wednesday, February 5th. AptarGroup’s dividend payout ratio is currently 32.49%.
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.
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