7,783 Shares in AptarGroup, Inc. (NYSE:ATR) Bought by Northwest & Ethical Investments L.P.

Northwest & Ethical Investments L.P. purchased a new position in AptarGroup, Inc. (NYSE:ATR) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,783 shares of the industrial products company’s stock, valued at approximately $1,223,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC purchased a new stake in AptarGroup in the fourth quarter worth $42,000. Park Place Capital Corp purchased a new stake in shares of AptarGroup in the fourth quarter worth $67,000. Principal Securities Inc. grew its stake in shares of AptarGroup by 328.4% in the fourth quarter. Principal Securities Inc. now owns 437 shares of the industrial products company’s stock worth $69,000 after acquiring an additional 335 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of AptarGroup by 310.4% in the fourth quarter. Jones Financial Companies Lllp now owns 591 shares of the industrial products company’s stock worth $93,000 after acquiring an additional 447 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in shares of AptarGroup by 12.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 650 shares of the industrial products company’s stock worth $102,000 after acquiring an additional 72 shares during the last quarter. 88.52% of the stock is owned by hedge funds and other institutional investors.

AptarGroup Trading Down 0.1 %

Shares of NYSE:ATR opened at $145.07 on Friday. The company has a market cap of $9.65 billion, a P/E ratio of 26.19, a PEG ratio of 3.89 and a beta of 0.56. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.38 and a quick ratio of 0.95. AptarGroup, Inc. has a 1 year low of $135.96 and a 1 year high of $178.03. The stock’s fifty day moving average price is $150.42 and its 200-day moving average price is $158.72.

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

AptarGroup Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 5th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date was Wednesday, February 5th. AptarGroup’s dividend payout ratio is 32.49%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on ATR shares. Raymond James reissued an “outperform” rating and issued a $190.00 target price (down from $200.00) on shares of AptarGroup in a research note on Monday, February 10th. Bank of America cut AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 target price on the stock. in a research note on Monday, January 6th. Robert W. Baird cut their target price on AptarGroup from $185.00 to $160.00 and set an “outperform” rating on the stock in a research note on Monday, February 10th. Wells Fargo & Company cut their target price on AptarGroup from $180.00 to $170.00 and set an “overweight” rating on the stock in a research note on Monday, February 10th. Finally, StockNews.com downgraded AptarGroup from a “buy” rating to a “hold” rating 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 company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus 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.