AptarGroup, Inc. (NYSE:ATR) Shares Sold by Angeles Investment Advisors LLC

Angeles Investment Advisors LLC trimmed its holdings in AptarGroup, Inc. (NYSE:ATR) by 6.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,488 shares of the industrial products company’s stock after selling 99 shares during the period. Angeles Investment Advisors LLC’s holdings in AptarGroup were worth $234,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in AptarGroup by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 7,207,015 shares of the industrial products company’s stock valued at $1,132,222,000 after acquiring an additional 58,777 shares during the last quarter. State Street Corp increased its holdings in shares of AptarGroup by 0.5% in the third quarter. State Street Corp now owns 2,889,811 shares of the industrial products company’s stock valued at $462,919,000 after purchasing an additional 14,001 shares during the last quarter. FMR LLC lifted its position in AptarGroup by 13.0% during the third quarter. FMR LLC now owns 1,864,198 shares of the industrial products company’s stock worth $298,626,000 after buying an additional 214,097 shares in the last quarter. Geode Capital Management LLC lifted its position in AptarGroup by 5.8% during the third quarter. Geode Capital Management LLC now owns 1,515,288 shares of the industrial products company’s stock worth $245,444,000 after buying an additional 83,452 shares in the last quarter. Finally, Congress Asset Management Co. boosted its stake in AptarGroup by 4.1% during the fourth quarter. Congress Asset Management Co. now owns 703,308 shares of the industrial products company’s stock worth $110,490,000 after buying an additional 27,614 shares during the last quarter. 88.52% of the stock is currently owned by institutional investors and hedge funds.

AptarGroup Price Performance

AptarGroup stock opened at $147.95 on Tuesday. AptarGroup, Inc. has a 1 year low of $135.96 and a 1 year high of $178.03. The company’s 50 day simple moving average is $150.31 and its 200-day simple moving average is $158.82. The company has a market capitalization of $9.84 billion, a price-to-earnings ratio of 26.71, a price-to-earnings-growth ratio of 3.89 and a beta of 0.56. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.95 and a current ratio of 1.38.

AptarGroup (NYSE:ATR) last posted its earnings results 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, equities research analysts expect 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 was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 5th were paid a $0.45 dividend. The ex-dividend date of this dividend was Wednesday, February 5th. This represents a $1.80 annualized dividend and a dividend yield of 1.22%. AptarGroup’s dividend payout ratio (DPR) is 32.49%.

Analysts Set New Price Targets

A number of brokerages have issued reports on ATR. Wells Fargo & Company cut their target price on AptarGroup from $180.00 to $170.00 and set an “overweight” rating for the company in a research note on Monday, February 10th. StockNews.com downgraded shares of AptarGroup from a “buy” rating to a “hold” rating in a research note on Monday, February 10th. Raymond James reissued an “outperform” rating and issued a $190.00 price target (down previously from $200.00) on shares of AptarGroup in a research note on Monday, February 10th. Robert W. Baird reduced 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. Finally, Bank of America lowered AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 price objective for the company. in a research report on Monday, January 6th. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, AptarGroup currently has an average rating of “Moderate Buy” and an average price target of $181.60.

AptarGroup Company 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.