AptarGroup, Inc. (ATR) Shares Bought by GHP Investment Advisors Inc.
GHP Investment Advisors Inc. raised its holdings in AptarGroup, Inc. (NYSE:ATR) by 3.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 29,406 shares of the industrial products company’s stock after acquiring an additional 925 shares during the period. GHP Investment Advisors Inc.’s holdings in AptarGroup were worth $2,537,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of ATR. Aperio Group LLC grew its stake in AptarGroup by 7.3% in the third quarter. Aperio Group LLC now owns 25,954 shares of the industrial products company’s stock valued at $2,240,000 after acquiring an additional 1,759 shares during the period. Candriam Luxembourg S.C.A. acquired a new position in shares of AptarGroup during the third quarter worth about $432,000. New York State Common Retirement Fund boosted its position in shares of AptarGroup by 12.8% during the third quarter. New York State Common Retirement Fund now owns 280,987 shares of the industrial products company’s stock worth $24,252,000 after buying an additional 31,800 shares during the period. Advisor Group Inc. boosted its position in shares of AptarGroup by 618.8% during the third quarter. Advisor Group Inc. now owns 7,828 shares of the industrial products company’s stock worth $675,000 after buying an additional 6,739 shares during the period. Finally, Rhumbline Advisers boosted its position in shares of AptarGroup by 6.3% during the third quarter. Rhumbline Advisers now owns 165,333 shares of the industrial products company’s stock worth $14,270,000 after buying an additional 9,810 shares during the period. 92.25% of the stock is owned by hedge funds and other institutional investors.
In related news, Director King W. Harris sold 68,985 shares of the company’s stock in a transaction dated Friday, March 9th. The stock was sold at an average price of $89.99, for a total transaction of $6,207,960.15. Following the sale, the director now owns 193,474 shares in the company, valued at $17,410,725.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Eldon W. Schaffer II sold 20,000 shares of the company’s stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $90.17, for a total value of $1,803,400.00. Following the sale, the insider now owns 52,857 shares in the company, valued at approximately $4,766,115.69. The disclosure for this sale can be found here. Insiders have sold 119,597 shares of company stock worth $10,788,114 in the last quarter. 5.30% of the stock is currently owned by corporate insiders.
AptarGroup, Inc. (NYSE ATR) opened at $90.50 on Wednesday. The company has a current ratio of 3.16, a quick ratio of 2.53 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $5,638.49, a PE ratio of 26.54, a PEG ratio of 2.82 and a beta of 0.82. AptarGroup, Inc. has a 52-week low of $75.35 and a 52-week high of $92.32.
AptarGroup (NYSE:ATR) last released its earnings results on Monday, February 12th. The industrial products company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.10. AptarGroup had a return on equity of 16.97% and a net margin of 8.91%. The business had revenue of $625.90 million for the quarter, compared to analyst estimates of $577.17 million. During the same quarter in the prior year, the company posted $0.69 earnings per share. AptarGroup’s revenue was up 16.1% on a year-over-year basis. research analysts anticipate that AptarGroup, Inc. will post 3.78 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, February 21st. Investors of record on Wednesday, January 31st were issued a dividend of $0.32 per share. The ex-dividend date was Tuesday, January 30th. This represents a $1.28 annualized dividend and a yield of 1.41%. AptarGroup’s payout ratio is presently 37.43%.
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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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