AptarGroup, Inc. (NYSE:ATR) Shares Sold by Blue Trust Inc.

Blue Trust Inc. lessened its holdings in shares of AptarGroup, Inc. (NYSE:ATR) by 41.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 512 shares of the industrial products company’s stock after selling 367 shares during the quarter. Blue Trust Inc.’s holdings in AptarGroup were worth $80,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ATR. Congress Asset Management Co. acquired a new stake in AptarGroup during the 3rd quarter worth $108,239,000. Victory Capital Management Inc. boosted its stake in AptarGroup by 29.4% during the 3rd quarter. Victory Capital Management Inc. now owns 2,106,885 shares of the industrial products company’s stock worth $337,502,000 after purchasing an additional 479,193 shares during the last quarter. FMR LLC boosted its position in shares of AptarGroup by 13.0% during the 3rd quarter. FMR LLC now owns 1,864,198 shares of the industrial products company’s stock valued at $298,626,000 after acquiring an additional 214,097 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of AptarGroup by 88.2% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 230,775 shares of the industrial products company’s stock valued at $36,968,000 after acquiring an additional 108,175 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of AptarGroup by 5.8% during the 3rd quarter. Geode Capital Management LLC now owns 1,515,288 shares of the industrial products company’s stock valued at $245,444,000 after acquiring an additional 83,452 shares during the last quarter. Institutional investors and hedge funds own 88.52% of the company’s stock.

AptarGroup Trading Down 0.3 %

NYSE ATR opened at $146.24 on Monday. The firm’s 50-day moving average is $154.49 and its two-hundred day moving average is $159.02. AptarGroup, Inc. has a 12 month low of $135.96 and a 12 month high of $178.03. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.38 and a quick ratio of 0.95. The stock has a market capitalization of $9.72 billion, a P/E ratio of 26.40, a PEG ratio of 3.90 and a beta of 0.59.

AptarGroup (NYSE:ATR) last posted its earnings results on Thursday, February 6th. The industrial products company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.24. AptarGroup had a net margin of 10.45% and a return on equity of 15.56%. On average, sell-side analysts anticipate that AptarGroup, Inc. will post 5.57 earnings per share for the current year.

AptarGroup Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 5th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Wednesday, February 5th. This represents a $1.80 dividend on an annualized basis and a yield of 1.23%. AptarGroup’s dividend payout ratio (DPR) is presently 32.49%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ATR. StockNews.com cut shares of AptarGroup from a “buy” rating to a “hold” rating in a research report on Monday, February 10th. Wells Fargo & Company lowered their price target 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. Raymond James reissued an “outperform” rating and set a $190.00 price target (down previously from $200.00) on shares of AptarGroup in a research report on Monday, February 10th. Bank of America cut shares of AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 price target on the stock. in a research report on Monday, January 6th. Finally, Robert W. Baird lowered their price target on shares of AptarGroup from $185.00 to $160.00 and set an “outperform” rating on the stock in a research report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $181.60.

AptarGroup Profile

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.