American Century Companies Inc. bought a new position in AptarGroup, Inc. (NYSE:ATR) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 31,658 shares of the industrial products company’s stock, valued at approximately $2,750,000. American Century Companies Inc. owned about 0.05% of AptarGroup at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Victory Capital Management Inc. increased its position in AptarGroup by 6.3% in the second quarter. Victory Capital Management Inc. now owns 2,107,802 shares of the industrial products company’s stock worth $183,083,000 after buying an additional 125,222 shares during the last quarter. GAM Holding AG increased its position in AptarGroup by 72.4% in the second quarter. GAM Holding AG now owns 96,823 shares of the industrial products company’s stock worth $8,410,000 after buying an additional 40,651 shares during the last quarter. State Board of Administration of Florida Retirement System increased its position in AptarGroup by 1.1% in the second quarter. State Board of Administration of Florida Retirement System now owns 95,741 shares of the industrial products company’s stock worth $8,316,000 after buying an additional 1,020 shares during the last quarter. Boston Family Office LLC increased its position in AptarGroup by 0.4% in the second quarter. Boston Family Office LLC now owns 115,073 shares of the industrial products company’s stock worth $9,995,000 after buying an additional 500 shares during the last quarter. Finally, Marshall Wace North America L.P. purchased a new stake in AptarGroup in the second quarter worth $28,712,000. 92.08% of the stock is owned by institutional investors and hedge funds.

In other news, insider Gael Touya sold 35,000 shares of the company’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $81.25, for a total value of $2,843,750.00. Following the completion of the sale, the insider now directly owns 33,092 shares in the company, valued at approximately $2,688,725. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Monnas Giovanna Kampouri sold 2,000 shares of the company’s stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $82.13, for a total value of $164,260.00. Following the completion of the sale, the director now owns 6,469 shares of the company’s stock, valued at $531,298.97. The disclosure for this sale can be found here. Corporate insiders own 5.30% of the company’s stock.

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ATR has been the subject of a number of recent research reports. Deutsche Bank AG reissued a “buy” rating and issued a $90.00 target price (up from $87.00) on shares of AptarGroup in a research report on Tuesday, July 18th. BidaskClub downgraded AptarGroup from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. BMO Capital Markets reissued a “hold” rating and issued a $79.00 target price on shares of AptarGroup in a research report on Sunday, July 2nd. KeyCorp reissued a “hold” rating on shares of AptarGroup in a research report on Friday, June 23rd. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $78.00 target price (down from $81.00) on shares of AptarGroup in a research report on Monday, July 31st. Three analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $81.40.

AptarGroup, Inc. (ATR) opened at 85.20 on Wednesday. The stock has a 50 day moving average price of $83.25 and a 200 day moving average price of $82.08. The stock has a market capitalization of $5.34 billion, a PE ratio of 25.06 and a beta of 0.96. AptarGroup, Inc. has a 12 month low of $70.32 and a 12 month high of $90.79.

AptarGroup (NYSE:ATR) last posted its quarterly earnings data on Thursday, July 27th. The industrial products company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.96 by $0.05. The firm had revenue of $617.75 million during the quarter, compared to analyst estimates of $624.74 million. AptarGroup had a return on equity of 16.91% and a net margin of 9.36%. AptarGroup’s revenue was down .4% on a year-over-year basis. During the same period in the prior year, the business posted $0.91 EPS. On average, equities research analysts forecast that AptarGroup, Inc. will post $3.34 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 16th. Stockholders of record on Wednesday, July 26th were paid a $0.32 dividend. The ex-dividend date was Monday, July 24th. This represents a $1.28 annualized dividend and a dividend yield of 1.50%. AptarGroup’s dividend payout ratio (DPR) is 37.54%.

AptarGroup Company Profile

AptarGroup, Inc is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, homecare, prescription drug, consumer healthcare, injectables, food and beverage markets. The Company has manufacturing facilities located throughout the world, including North America, Europe, Asia and South America.

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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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