US Bancorp DE grew its position in AptarGroup, Inc. (NYSE:ATR) by 6.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,979 shares of the industrial products company’s stock after buying an additional 1,021 shares during the quarter. US Bancorp DE’s holdings in AptarGroup were worth $1,551,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of ATR. Robeco Institutional Asset Management B.V. raised its position in shares of AptarGroup by 222.4% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 427,811 shares of the industrial products company’s stock valued at $36,927,000 after buying an additional 295,110 shares in the last quarter. APG Asset Management N.V. grew its holdings in shares of AptarGroup by 490.9% during the 4th quarter. APG Asset Management N.V. now owns 161,900 shares of the industrial products company’s stock valued at $11,633,000 after purchasing an additional 134,500 shares during the last quarter. McCollum Christoferson Group LLC bought a new stake in shares of AptarGroup during the 4th quarter valued at approximately $5,781,000. Bessemer Group Inc. grew its holdings in shares of AptarGroup by 42,197.8% during the 3rd quarter. Bessemer Group Inc. now owns 58,794 shares of the industrial products company’s stock valued at $5,075,000 after purchasing an additional 58,655 shares during the last quarter. Finally, BTIM Corp. grew its holdings in shares of AptarGroup by 4.0% during the 4th quarter. BTIM Corp. now owns 986,274 shares of the industrial products company’s stock valued at $85,096,000 after purchasing an additional 38,201 shares during the last quarter. Institutional investors own 90.25% of the company’s stock.
Several brokerages recently issued reports on ATR. Zacks Investment Research lowered shares of AptarGroup from a “buy” rating to a “hold” rating in a report on Monday, February 5th. KeyCorp reaffirmed a “hold” rating on shares of AptarGroup in a report on Friday, October 27th. Wells Fargo & Co reaffirmed a “market perform” rating and set a $90.00 price target (up from $83.00) on shares of AptarGroup in a report on Wednesday, February 14th. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $92.00 price target on shares of AptarGroup in a report on Wednesday, February 14th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $85.38.
In other news, insider Eldon W. Schaffer II sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $90.17, for a total value of $1,803,400.00. Following the transaction, the insider now owns 52,857 shares in the company, valued at approximately $4,766,115.69. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ralf K. Wunderlich sold 26,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $87.03, for a total transaction of $2,262,780.00. The disclosure for this sale can be found here. Insiders have sold a total of 76,000 shares of company stock worth $6,782,580 over the last three months. Insiders own 5.30% of the company’s stock.
Shares of AptarGroup, Inc. (NYSE ATR) opened at $91.83 on Monday. AptarGroup, Inc. has a 1-year low of $73.47 and a 1-year high of $92.32. The company has a current ratio of 3.16, a quick ratio of 2.52 and a debt-to-equity ratio of 0.91. The firm has a market cap of $5,720.44, a P/E ratio of 26.85, a price-to-earnings-growth ratio of 2.86 and a beta of 0.88.
AptarGroup (NYSE:ATR) last posted its earnings results on Monday, February 12th. The industrial products company reported $0.81 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.71 by $0.10. AptarGroup had a net margin of 8.91% and a return on equity of 16.97%. The firm had revenue of $625.90 million for the quarter, compared to analyst estimates of $577.17 million. During the same period in the previous year, the firm posted $0.69 EPS. The company’s revenue for the quarter was up 16.1% compared to the same quarter last year. equities analysts predict that AptarGroup, Inc. will post 3.78 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 21st. Shareholders of record on Wednesday, January 31st will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date of this dividend is Tuesday, January 30th. AptarGroup’s payout ratio is 37.43%.
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AptarGroup, Inc is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, homecare, prescription drug, consumer healthcare, injectables, food and beverage markets. The Company has manufacturing facilities located throughout the world, including North America, Europe, Asia and South America.
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