AptarGroup, Inc. (NYSE:ATR) Shares Bought by Dempze Nancy E

Dempze Nancy E grew its position in shares of AptarGroup, Inc. (NYSE:ATR) by 0.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 23,253 shares of the industrial products company’s stock after buying an additional 217 shares during the period. AptarGroup accounts for 2.1% of Dempze Nancy E’s holdings, making the stock its 18th biggest holding. Dempze Nancy E’s holdings in AptarGroup were worth $3,653,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Stonebridge Financial Group LLC acquired a new position in shares of AptarGroup during the fourth quarter worth about $42,000. Park Place Capital Corp purchased a new stake in AptarGroup in the 4th quarter valued at approximately $67,000. Principal Securities Inc. increased its position in AptarGroup by 328.4% during the 4th quarter. Principal Securities Inc. now owns 437 shares of the industrial products company’s stock worth $69,000 after purchasing an additional 335 shares during the period. Huntington National Bank raised its stake in shares of AptarGroup by 35.1% during the 4th quarter. Huntington National Bank now owns 462 shares of the industrial products company’s stock worth $73,000 after buying an additional 120 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in shares of AptarGroup by 310.4% in the 4th quarter. Jones Financial Companies Lllp now owns 591 shares of the industrial products company’s stock valued at $93,000 after buying an additional 447 shares during the period. Institutional investors and hedge funds own 88.52% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Raymond James reaffirmed an “outperform” rating and set a $190.00 price objective (down previously from $200.00) on shares of AptarGroup in a report 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. Wells Fargo & Company lowered their target price on shares of AptarGroup from $180.00 to $170.00 and set an “overweight” rating on the stock in a research report on Monday, February 10th. Robert W. Baird decreased their price target 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, Bank of America downgraded AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 price objective for the company. in a research note on Monday, January 6th. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $181.60.

AptarGroup Stock Performance

Shares of ATR opened at $140.09 on Friday. The company has a 50-day moving average of $148.57 and a two-hundred day moving average of $158.45. The stock has a market cap of $9.32 billion, a P/E ratio of 25.29, a PEG ratio of 3.89 and a beta of 0.56. AptarGroup, Inc. has a 12-month low of $135.96 and a 12-month high of $178.03. The company has a current ratio of 1.38, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28.

AptarGroup (NYSE:ATR) last issued its quarterly earnings data on Thursday, February 6th. The industrial products company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.24. AptarGroup had a return on equity of 15.56% and a net margin of 10.45%. As a group, research analysts predict that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Announces Dividend

The business also recently disclosed 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 1.28%. The ex-dividend date of this dividend was Wednesday, February 5th. AptarGroup’s dividend payout ratio is presently 32.49%.

About AptarGroup

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.