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

Dempze Nancy E grew its position in AptarGroup, Inc. (NYSE:ATRFree Report) by 1.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 22,123 shares of the industrial products company’s stock after purchasing an additional 370 shares during the period. AptarGroup comprises approximately 2.5% of Dempze Nancy E’s holdings, making the stock its 22nd largest holding. Dempze Nancy E’s holdings in AptarGroup were worth $2,766,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Morgan Stanley boosted its holdings in shares of AptarGroup by 866.4% in the fourth quarter. Morgan Stanley now owns 3,913,980 shares of the industrial products company’s stock worth $430,460,000 after buying an additional 3,508,965 shares during the period. State Street Corp boosted its holdings in shares of AptarGroup by 5.7% in the third quarter. State Street Corp now owns 3,159,250 shares of the industrial products company’s stock worth $300,224,000 after buying an additional 171,060 shares during the period. Boston Trust Walden Corp boosted its holdings in shares of AptarGroup by 2.1% in the third quarter. Boston Trust Walden Corp now owns 1,416,897 shares of the industrial products company’s stock worth $177,169,000 after buying an additional 29,503 shares during the period. FMR LLC boosted its holdings in shares of AptarGroup by 19.7% in the third quarter. FMR LLC now owns 1,371,141 shares of the industrial products company’s stock worth $171,447,000 after buying an additional 225,296 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of AptarGroup by 5.2% in the second quarter. Geode Capital Management LLC now owns 1,167,108 shares of the industrial products company’s stock worth $135,864,000 after buying an additional 57,501 shares during the period. 88.61% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Robert W. Baird upgraded shares of AptarGroup from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $125.00 to $150.00 in a report on Wednesday, January 3rd.

Check Out Our Latest Research Report on AptarGroup

AptarGroup Stock Down 0.4 %

ATR traded down $0.58 during midday trading on Thursday, hitting $139.83. 37,816 shares of the company’s stock traded hands, compared to its average volume of 332,315. The company has a market cap of $9.23 billion, a PE ratio of 33.02, a price-to-earnings-growth ratio of 3.86 and a beta of 0.58. The stock’s fifty day simple moving average is $130.97 and its 200-day simple moving average is $127.62. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.24 and a quick ratio of 0.83. AptarGroup, Inc. has a one year low of $109.95 and a one year high of $142.42.

AptarGroup (NYSE:ATRGet Free Report) last issued its quarterly earnings data on Friday, February 9th. The industrial products company reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.09. AptarGroup had a net margin of 8.16% and a return on equity of 14.46%. The firm had revenue of $838.48 million for the quarter, compared to analyst estimates of $842.50 million. During the same quarter last year, the firm earned $0.92 earnings per share. The company’s revenue for the quarter was up 5.3% on a year-over-year basis. As a group, equities analysts anticipate that AptarGroup, Inc. will post 5.19 earnings per share for the current fiscal year.

AptarGroup Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 22nd. Stockholders of record on Thursday, February 1st were given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend was Wednesday, January 31st. AptarGroup’s dividend payout ratio is 38.59%.

Insider Activity

In other news, insider Marc Prieur sold 3,200 shares of AptarGroup stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $126.24, for a total value of $403,968.00. Following the transaction, the insider now owns 13,828 shares of the company’s stock, valued at $1,745,646.72. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 1.00% of the company’s stock.

AptarGroup Company 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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