People s United Financial Inc. cut its holdings in AptarGroup, Inc. (NYSE:ATR) by 2.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,151 shares of the industrial products company’s stock after selling 187 shares during the period. People s United Financial Inc.’s holdings in AptarGroup were worth $795,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Great Lakes Advisors LLC grew its holdings in shares of AptarGroup by 0.4% in the second quarter. Great Lakes Advisors LLC now owns 5,683 shares of the industrial products company’s stock valued at $494,000 after acquiring an additional 20 shares in the last quarter. Citigroup Inc. grew its holdings in shares of AptarGroup by 0.5% in the second quarter. Citigroup Inc. now owns 6,323 shares of the industrial products company’s stock valued at $549,000 after acquiring an additional 34 shares in the last quarter. Advisor Partners LLC grew its holdings in shares of AptarGroup by 0.8% in the second quarter. Advisor Partners LLC now owns 6,875 shares of the industrial products company’s stock valued at $597,000 after acquiring an additional 53 shares in the last quarter. Teacher Retirement System of Texas grew its holdings in shares of AptarGroup by 1.2% in the second quarter. Teacher Retirement System of Texas now owns 4,993 shares of the industrial products company’s stock valued at $434,000 after acquiring an additional 59 shares in the last quarter. Finally, Lowe Brockenbrough & Co. Inc. grew its holdings in shares of AptarGroup by 0.6% in the second quarter. Lowe Brockenbrough & Co. Inc. now owns 18,121 shares of the industrial products company’s stock valued at $1,574,000 after acquiring an additional 105 shares in the last quarter. 91.59% of the stock is owned by institutional investors.

In other AptarGroup news, Director Monnas Giovanna Kampouri sold 2,000 shares of AptarGroup stock in a transaction that occurred on Tuesday, August 22nd. The shares were 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 approximately $531,298.97. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Gael Touya sold 35,000 shares of AptarGroup stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $81.25, for a total transaction of $2,843,750.00. Following the completion of the sale, the insider now directly owns 33,092 shares of the company’s stock, valued at approximately $2,688,725. The disclosure for this sale can be found here. Insiders own 5.30% of the company’s stock.

Several equities analysts have recently issued reports on ATR shares. Zacks Investment Research raised AptarGroup from a “sell” rating to a “hold” rating in a report on Wednesday, August 23rd. BMO Capital Markets reaffirmed a “hold” rating and issued a $79.00 target price on shares of AptarGroup in a report on Sunday, July 2nd. Jefferies Group LLC reaffirmed a “hold” rating and issued a $78.00 target price on shares of AptarGroup in a report on Thursday, August 31st. BidaskClub lowered AptarGroup from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Finally, KeyCorp reaffirmed a “hold” rating on shares of AptarGroup in a report on Friday, June 23rd. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $81.40.

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AptarGroup, Inc. (NYSE ATR) opened at 88.14 on Thursday. AptarGroup, Inc. has a 1-year low of $70.32 and a 1-year high of $90.79. The company has a 50-day moving average price of $84.45 and a 200 day moving average price of $83.29. The stock has a market cap of $5.53 billion, a P/E ratio of 25.92 and a beta of 0.96.

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

AptarGroup 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.

Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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