Fisher Asset Management LLC Has $4.98 Million Position in AptarGroup, Inc. (NYSE:ATR)

Fisher Asset Management LLC raised its holdings in shares of AptarGroup, Inc. (NYSE:ATR) by 1.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 31,692 shares of the industrial products company’s stock after buying an additional 417 shares during the period. Fisher Asset Management LLC’s holdings in AptarGroup were worth $4,979,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ATR. Proficio Capital Partners LLC bought a new stake in AptarGroup during the 4th quarter worth about $3,357,000. Amalgamated Bank boosted its position in AptarGroup by 0.5% during the fourth quarter. Amalgamated Bank now owns 32,497 shares of the industrial products company’s stock valued at $5,105,000 after purchasing an additional 163 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of AptarGroup by 8.6% in the 4th quarter. Bank of New York Mellon Corp now owns 642,478 shares of the industrial products company’s stock valued at $100,933,000 after buying an additional 50,752 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of AptarGroup in the fourth quarter valued at $1,504,000. Finally, Handelsbanken Fonder AB increased its holdings in AptarGroup by 11.1% during the fourth quarter. Handelsbanken Fonder AB now owns 598,830 shares of the industrial products company’s stock worth $94,076,000 after buying an additional 60,000 shares during the last quarter. 88.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have commented on ATR shares. Bank of America cut shares of AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 price target for the company. in a research note on Monday, January 6th. Raymond James restated an “outperform” rating and issued a $190.00 price objective (down previously from $200.00) on shares of AptarGroup in a research note on Monday, February 10th. Wells Fargo & Company reduced their price objective on shares of AptarGroup from $180.00 to $170.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. StockNews.com lowered shares of AptarGroup from a “buy” rating to a “hold” rating in a research report on Monday, February 10th. Finally, Robert W. Baird reduced their target price on shares of AptarGroup from $185.00 to $160.00 and set an “outperform” rating for the company in a report on Monday, February 10th. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $181.60.

AptarGroup Trading Down 0.6 %

ATR stock opened at $145.78 on Wednesday. AptarGroup, Inc. has a 52 week low of $135.96 and a 52 week high of $178.03. The company has a market capitalization of $9.69 billion, a PE ratio of 26.31, a price-to-earnings-growth ratio of 3.89 and a beta of 0.59. The company’s 50-day simple moving average is $152.51 and its 200 day simple moving average is $159.09. 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 announced its earnings results on Thursday, February 6th. The industrial products company reported $1.52 earnings per share (EPS) for the quarter, topping 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%. As a group, sell-side analysts anticipate that AptarGroup, Inc. will post 5.57 earnings per share for the current year.

AptarGroup Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 5th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was 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%.

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.