AptarGroup, Inc. (NYSE:ATR) Shares Bought by Treasurer of the State of North Carolina

Treasurer of the State of North Carolina grew its position in AptarGroup, Inc. (NYSE:ATRFree Report) by 4.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,932 shares of the industrial products company’s stock after purchasing an additional 1,201 shares during the quarter. Treasurer of the State of North Carolina’s holdings in AptarGroup were worth $3,700,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ATR. C M Bidwell & Associates Ltd. increased its holdings in shares of AptarGroup by 1,063.3% in the 3rd quarter. C M Bidwell & Associates Ltd. now owns 349 shares of the industrial products company’s stock valued at $44,000 after acquiring an additional 319 shares during the last quarter. GAMMA Investing LLC acquired a new position in shares of AptarGroup in the 4th quarter valued at $61,000. Signaturefd LLC grew its position in shares of AptarGroup by 41.8% in the 4th quarter. Signaturefd LLC now owns 699 shares of the industrial products company’s stock valued at $86,000 after buying an additional 206 shares during the last quarter. USA Financial Formulas acquired a new stake in AptarGroup during the 3rd quarter worth $104,000. Finally, Machina Capital S.A.S. acquired a new position in AptarGroup in the fourth quarter valued at $205,000. 88.52% of the stock is currently owned by institutional investors and hedge funds.

AptarGroup Stock Performance

NYSE ATR opened at $148.25 on Wednesday. The firm has a market cap of $9.82 billion, a P/E ratio of 31.81, a P/E/G ratio of 3.14 and a beta of 0.60. AptarGroup, Inc. has a 52-week low of $111.63 and a 52-week high of $151.73. The business’s 50-day moving average price is $144.39 and its 200 day moving average price is $136.51. The company has a quick ratio of 0.89, a current ratio of 1.30 and a debt-to-equity ratio of 0.29.

AptarGroup (NYSE:ATRGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The industrial products company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.13 by $0.13. The business had revenue of $915.45 million during the quarter, compared to analysts’ expectations of $897.40 million. AptarGroup had a return on equity of 15.06% and a net margin of 8.83%. On average, equities research analysts expect that AptarGroup, Inc. will post 5.36 earnings per share for the current year.

AptarGroup Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 16th. Stockholders of record on Thursday, April 25th were paid a dividend of $0.41 per share. The ex-dividend date was Wednesday, April 24th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.11%. AptarGroup’s dividend payout ratio (DPR) is 35.19%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Wells Fargo & Company lifted their target price on AptarGroup from $160.00 to $163.00 and gave the stock an “overweight” rating in a research report on Monday, April 29th. Robert W. Baird boosted their price objective on AptarGroup from $150.00 to $170.00 and gave the company an “outperform” rating in a research note on Monday, April 29th. Finally, William Blair raised AptarGroup from a “market perform” rating to an “outperform” rating in a report on Monday, April 29th.

Check Out Our Latest Research Report on ATR

Insider Buying and Selling

In related news, insider Marc Prieur sold 3,200 shares of AptarGroup stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $148.92, for a total value of $476,544.00. Following the sale, the insider now directly owns 16,616 shares in the company, valued at $2,474,454.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, insider Gael Touya sold 3,500 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $142.84, for a total transaction of $499,940.00. Following the sale, the insider now owns 33,426 shares of the company’s stock, 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. Also, insider Marc Prieur sold 3,200 shares of the company’s stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $148.92, for a total value of $476,544.00. Following the completion of the sale, the insider now owns 16,616 shares in the company, valued at approximately $2,474,454.72. The disclosure for this sale can be found here. Insiders sold 13,334 shares of company stock valued at $1,933,731 over the last ninety days. Corporate insiders own 1.00% of the company’s stock.

AptarGroup Profile

(Free Report)

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.

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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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