Nebula Research & Development LLC Sells 179 Shares of AptarGroup, Inc. (NYSE:ATR)

Nebula Research & Development LLC lessened its stake in AptarGroup, Inc. (NYSE:ATR) by 4.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,982 shares of the industrial products company’s stock after selling 179 shares during the period. Nebula Research & Development LLC’s holdings in AptarGroup were worth $626,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in ATR. Stonebridge Financial Group LLC bought a new stake in AptarGroup in the 4th quarter worth approximately $42,000. Park Place Capital Corp bought a new stake in AptarGroup in the 4th quarter worth approximately $67,000. Principal Securities Inc. grew its position in AptarGroup by 328.4% in the 4th quarter. Principal Securities Inc. now owns 437 shares of the industrial products company’s stock worth $69,000 after purchasing an additional 335 shares during the period. Huntington National Bank grew its position in AptarGroup by 35.1% in the 4th quarter. Huntington National Bank now owns 462 shares of the industrial products company’s stock worth $73,000 after purchasing an additional 120 shares during the period. Finally, Jones Financial Companies Lllp grew its position in AptarGroup by 310.4% in the 4th quarter. Jones Financial Companies Lllp now owns 591 shares of the industrial products company’s stock worth $93,000 after purchasing an additional 447 shares during the period. Institutional investors own 88.52% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ATR. Raymond James cut their price objective on shares of AptarGroup from $190.00 to $175.00 and set an “outperform” rating for the company in a research report on Tuesday, April 22nd. Wells Fargo & Company cut 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 downgraded shares of AptarGroup from a “buy” rating to a “hold” rating in a research report on Monday, February 10th. Robert W. Baird cut their price objective on shares of AptarGroup from $185.00 to $160.00 and set an “outperform” rating for the company in a research report on Monday, February 10th. Finally, Bank of America downgraded shares of 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 assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $178.60.

AptarGroup Stock Up 0.4 %

Shares of ATR opened at $149.65 on Tuesday. The business’s 50 day moving average is $145.99 and its 200 day moving average is $156.65. The company has a market capitalization of $9.87 billion, a PE ratio of 27.01, a price-to-earnings-growth ratio of 3.89 and a beta of 0.59. AptarGroup, Inc. has a 12-month low of $130.85 and a 12-month high of $178.03. The company has a current ratio of 1.38, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28.

AptarGroup (NYSE:ATR) last issued its earnings results on Thursday, February 6th. The industrial products company reported $1.52 earnings per share (EPS) for the quarter, beating 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%. Research analysts expect that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, May 1st will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date is Thursday, May 1st. AptarGroup’s payout ratio is 32.49%.

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.