Securian Asset Management Inc. Has $790,000 Stake in AptarGroup, Inc. (NYSE:ATR)

Securian Asset Management Inc. decreased its holdings in shares of AptarGroup, Inc. (NYSE:ATR) by 2.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,030 shares of the industrial products company’s stock after selling 132 shares during the quarter. Securian Asset Management Inc.’s holdings in AptarGroup were worth $790,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its holdings in AptarGroup by 58.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 14,157 shares of the industrial products company’s stock worth $2,268,000 after purchasing an additional 5,248 shares during the last quarter. Natixis Advisors LLC boosted its holdings in AptarGroup by 43.8% during the third quarter. Natixis Advisors LLC now owns 113,503 shares of the industrial products company’s stock worth $18,182,000 after purchasing an additional 34,573 shares during the last quarter. Eagle Asset Management Inc. boosted its holdings in AptarGroup by 43.9% during the third quarter. Eagle Asset Management Inc. now owns 40,202 shares of the industrial products company’s stock worth $7,066,000 after purchasing an additional 12,271 shares during the last quarter. Geode Capital Management LLC boosted its holdings in AptarGroup by 5.8% during the third quarter. Geode Capital Management LLC now owns 1,515,288 shares of the industrial products company’s stock worth $245,444,000 after purchasing an additional 83,452 shares during the last quarter. Finally, Inspire Investing LLC lifted its stake in AptarGroup by 282.9% in the fourth quarter. Inspire Investing LLC now owns 6,800 shares of the industrial products company’s stock valued at $1,068,000 after acquiring an additional 5,024 shares during the last quarter. Institutional investors and hedge funds own 88.52% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on ATR. Bank of America cut shares of AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 price target for the company. in a research note on Monday, January 6th. Robert W. Baird cut 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 reiterated an “outperform” rating and issued a $190.00 price target (down previously from $200.00) on shares of AptarGroup in a research note on Monday, February 10th. StockNews.com cut shares of AptarGroup from a “buy” rating to a “hold” rating in a research note on Monday, February 10th. Finally, Wells Fargo & Company cut their price target on shares of AptarGroup from $180.00 to $170.00 and set an “overweight” rating for the company in a research note on Monday, February 10th. Two equities research 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 company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $181.60.

AptarGroup Stock Performance

NYSE ATR opened at $146.81 on Friday. The firm has a 50-day moving average of $151.14 and a 200-day moving average of $158.98. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.95 and a current ratio of 1.38. The stock has a market cap of $9.76 billion, a PE ratio of 26.50, a P/E/G ratio of 3.89 and a beta of 0.56. AptarGroup, Inc. has a 52-week low of $135.96 and a 52-week high of $178.03.

AptarGroup (NYSE:ATR) last posted 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, sell-side analysts anticipate that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 5th were given a dividend of $0.45 per share. 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 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.