2,698 Shares in AptarGroup, Inc. (NYSE:ATR) Purchased by Kapitalo Investimentos Ltda

Kapitalo Investimentos Ltda bought a new position in shares of AptarGroup, Inc. (NYSE:ATR) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,698 shares of the industrial products company’s stock, valued at approximately $424,000. AptarGroup accounts for approximately 0.3% of Kapitalo Investimentos Ltda’s portfolio, making the stock its 27th largest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. Smartleaf Asset Management LLC increased its holdings in AptarGroup by 12.5% in the 4th 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 in the last quarter. Blue Trust Inc. raised its position in AptarGroup by 9.3% during the fourth quarter. Blue Trust Inc. now owns 961 shares of the industrial products company’s stock worth $154,000 after acquiring an additional 82 shares during the period. Bessemer Group Inc. raised its position in AptarGroup by 9.1% during the fourth quarter. Bessemer Group Inc. now owns 1,028 shares of the industrial products company’s stock worth $162,000 after acquiring an additional 86 shares during the period. Hanson & Doremus Investment Management raised its position in AptarGroup by 0.6% during the fourth quarter. Hanson & Doremus Investment Management now owns 16,683 shares of the industrial products company’s stock worth $2,621,000 after acquiring an additional 99 shares during the period. Finally, Louisiana State Employees Retirement System raised its position in AptarGroup by 0.5% during the fourth quarter. Louisiana State Employees Retirement System now owns 18,500 shares of the industrial products company’s stock worth $2,906,000 after acquiring an additional 100 shares during the period. 88.52% of the stock is currently owned by hedge funds and other institutional investors.

AptarGroup Trading Up 0.4 %

Shares of ATR opened at $150.28 on Wednesday. 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, Inc. has a 12-month low of $130.85 and a 12-month high of $178.03. The firm has a 50-day moving average price of $146.07 and a 200 day moving average price of $156.60. The firm has a market capitalization of $9.91 billion, a P/E ratio of 27.13, a P/E/G ratio of 3.89 and a beta of 0.59.

AptarGroup (NYSE:ATR) last announced its quarterly earnings data on Thursday, February 6th. The industrial products company reported $1.52 earnings per share (EPS) for the quarter, beating 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%. Sell-side analysts forecast that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts have weighed in on ATR shares. 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. Bank of America cut 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. StockNews.com cut shares of AptarGroup from a “buy” rating to a “hold” rating in a research report on Monday, February 10th. Raymond James reduced their target price 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. 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 research report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, AptarGroup currently has a consensus rating of “Moderate Buy” and a consensus target price of $178.60.

About AptarGroup

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.