California Public Employees Retirement System Acquires 13,345 Shares of AptarGroup, Inc. (ATR)

California Public Employees Retirement System grew its holdings in shares of AptarGroup, Inc. (NYSE:ATR) by 8.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 167,629 shares of the industrial products company’s stock after acquiring an additional 13,345 shares during the period. California Public Employees Retirement System’s holdings in AptarGroup were worth $14,463,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of ATR. Janus Henderson Group PLC bought a new stake in shares of AptarGroup during the 2nd quarter valued at $1,563,000. APG Asset Management N.V. bought a new stake in shares of AptarGroup during the 3rd quarter valued at $2,365,000. Aperio Group LLC grew its position in shares of AptarGroup by 7.3% during the 3rd quarter. Aperio Group LLC now owns 25,954 shares of the industrial products company’s stock valued at $2,240,000 after acquiring an additional 1,759 shares during the period. Hemenway Trust Co LLC grew its position in shares of AptarGroup by 1.1% during the 3rd quarter. Hemenway Trust Co LLC now owns 133,253 shares of the industrial products company’s stock valued at $11,501,000 after acquiring an additional 1,501 shares during the period. Finally, Gardiner Nancy B grew its position in shares of AptarGroup by 2.6% during the 3rd quarter. Gardiner Nancy B now owns 23,030 shares of the industrial products company’s stock valued at $1,989,000 after acquiring an additional 590 shares during the period. 90.25% of the stock is owned by hedge funds and other institutional investors.

AptarGroup, Inc. (NYSE ATR) opened at $90.99 on Friday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.52 and a current ratio of 3.16. AptarGroup, Inc. has a one year low of $73.64 and a one year high of $92.32. The firm has a market cap of $5,644.44, a price-to-earnings ratio of 26.61, a P/E/G ratio of 2.82 and a beta of 0.88.

AptarGroup (NYSE:ATR) last released its earnings results on Monday, February 12th. The industrial products company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.10. AptarGroup had a net margin of 8.91% and a return on equity of 16.97%. The company had revenue of $625.90 million for the quarter, compared to analysts’ expectations of $577.17 million. During the same quarter in the previous year, the company earned $0.69 EPS. AptarGroup’s revenue for the quarter was up 16.1% on a year-over-year basis. research analysts expect that AptarGroup, Inc. will post 3.78 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 21st. Investors of record on Wednesday, January 31st were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date was Tuesday, January 30th. AptarGroup’s dividend payout ratio (DPR) is 37.43%.

In related news, Director Stephen J. Hagge sold 25,000 shares of AptarGroup stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $91.17, for a total transaction of $2,279,250.00. Following the transaction, the director now owns 114,613 shares in the company, valued at approximately $10,449,267.21. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Ralf K. Wunderlich sold 26,000 shares of AptarGroup stock in a transaction on Tuesday, November 28th. The shares were 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. In the last 90 days, insiders have sold 76,000 shares of company stock worth $6,782,580. 5.30% of the stock is owned by corporate insiders.

ATR has been the subject of a number of recent research reports. Zacks Investment Research downgraded shares of AptarGroup from a “buy” rating to a “hold” rating in a research report on Monday, February 5th. Wells Fargo & Co reissued a “market perform” rating and set a $90.00 price objective (up previously from $83.00) on shares of AptarGroup in a research report on Wednesday, February 14th. Finally, Robert W. Baird reissued a “hold” rating and set a $92.00 price objective on shares of AptarGroup in a research report on Wednesday, February 14th. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $85.38.

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AptarGroup Company Profile

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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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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