DekaBank Deutsche Girozentrale Has $1.99 Million Stock Holdings in AptarGroup, Inc. (NYSE:ATR)

DekaBank Deutsche Girozentrale boosted its position in shares of AptarGroup, Inc. (NYSE:ATR) by 272.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,024 shares of the industrial products company’s stock after purchasing an additional 11,721 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in AptarGroup were worth $1,991,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. increased its position in shares of AptarGroup by 10.3% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 10,393 shares of the industrial products company’s stock valued at $1,221,000 after buying an additional 970 shares in the last quarter. HighTower Advisors LLC grew its stake in AptarGroup by 6.3% in the first quarter. HighTower Advisors LLC now owns 6,976 shares of the industrial products company’s stock valued at $820,000 after acquiring an additional 416 shares during the period. Great West Life Assurance Co. Can increased its holdings in shares of AptarGroup by 9.1% in the first quarter. Great West Life Assurance Co. Can now owns 37,547 shares of the industrial products company’s stock worth $4,539,000 after acquiring an additional 3,125 shares in the last quarter. Raymond James Trust N.A. raised its position in shares of AptarGroup by 7.1% during the first quarter. Raymond James Trust N.A. now owns 4,632 shares of the industrial products company’s stock worth $545,000 after purchasing an additional 308 shares during the period. Finally, Sei Investments Co. lifted its holdings in shares of AptarGroup by 0.4% during the 1st quarter. Sei Investments Co. now owns 122,797 shares of the industrial products company’s stock valued at $14,429,000 after purchasing an additional 484 shares in the last quarter. Institutional investors own 88.52% of the company’s stock.

AptarGroup Stock Down 1.4 %

NYSE:ATR opened at $137.20 on Friday. The company has a market cap of $9.08 billion, a PE ratio of 32.28, a PEG ratio of 3.81 and a beta of 0.59. The stock has a 50-day simple moving average of $139.98 and a 200 day simple moving average of $131.05. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.83 and a current ratio of 1.24. AptarGroup, Inc. has a 52-week low of $111.63 and a 52-week high of $145.35.

AptarGroup (NYSE:ATR) last issued its quarterly earnings results on Friday, February 9th. The industrial products company reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.09. The company had revenue of $838.48 million during the quarter, compared to analysts’ expectations of $842.50 million. AptarGroup had a net margin of 8.16% and a return on equity of 14.46%. The business’s quarterly revenue was up 5.3% on a year-over-year basis. During the same period last year, the business earned $0.92 EPS. On average, sell-side analysts expect that AptarGroup, Inc. will post 5.22 EPS for the current fiscal year.

AptarGroup Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 16th. Shareholders of record on Thursday, April 25th will be paid a $0.41 dividend. The ex-dividend date is Wednesday, April 24th. This represents a $1.64 annualized dividend and a yield of 1.20%. AptarGroup’s payout ratio is currently 38.59%.

Analyst Ratings Changes

ATR has been the topic of several research analyst reports. Robert W. Baird upgraded shares of AptarGroup from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $125.00 to $150.00 in a report on Wednesday, January 3rd. Wells Fargo & Company raised their price objective on shares of AptarGroup from $157.00 to $160.00 and gave the stock an “overweight” rating in a report on Thursday, March 7th.

Insiders Place Their Bets

In other news, insider Gael Touya sold 3,500 shares of the firm’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $142.84, for a total value of $499,940.00. Following the completion of the transaction, the insider now owns 33,426 shares in the company, valued at approximately $4,774,569.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CEO Stephan B. Tanda sold 32,000 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $141.67, for a total transaction of $4,533,440.00. Following the transaction, the chief executive officer now directly owns 159,024 shares in the company, valued at $22,528,930.08. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Gael Touya sold 3,500 shares of the stock in a transaction on Monday, March 11th. The shares were sold at an average price of $142.84, for a total transaction of $499,940.00. Following the completion of the sale, the insider now owns 33,426 shares of the company’s stock, valued at approximately $4,774,569.84. The disclosure for this sale can be found here. Insiders have sold 37,500 shares of company stock valued at $5,318,280 in the last three months. 1.00% of the stock is currently owned by corporate insiders.

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.