Hoylecohen LLC lifted its position in shares of AptarGroup, Inc. (NYSE:ATR) by 3.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,165 shares of the industrial products company’s stock after acquiring an additional 665 shares during the quarter. Hoylecohen LLC’s holdings in AptarGroup were worth $1,897,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. State of Alaska Department of Revenue increased its stake in shares of AptarGroup by 2.0% during the fourth quarter. State of Alaska Department of Revenue now owns 6,603 shares of the industrial products company’s stock worth $621,000 after acquiring an additional 128 shares during the period. Wetherby Asset Management Inc. boosted its holdings in AptarGroup by 1.9% during the fourth quarter. Wetherby Asset Management Inc. now owns 7,693 shares of the industrial products company’s stock worth $724,000 after buying an additional 140 shares in the last quarter. Elefante Mark B boosted its holdings in AptarGroup by 2.3% during the fourth quarter. Elefante Mark B now owns 6,611 shares of the industrial products company’s stock worth $622,000 after buying an additional 150 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in AptarGroup by 4.8% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,194 shares of the industrial products company’s stock worth $395,000 after buying an additional 193 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in AptarGroup by 4.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 4,145 shares of the industrial products company’s stock worth $389,000 after buying an additional 194 shares in the last quarter. Institutional investors and hedge funds own 90.50% of the company’s stock.

Shares of NYSE ATR opened at $103.71 on Tuesday. AptarGroup, Inc. has a 12-month low of $86.69 and a 12-month high of $112.31. The stock has a market capitalization of $6.49 billion, a price-to-earnings ratio of 25.93, a price-to-earnings-growth ratio of 2.35 and a beta of 0.80. The company has a current ratio of 1.93, a quick ratio of 1.38 and a debt-to-equity ratio of 0.79.

AptarGroup (NYSE:ATR) last announced its quarterly earnings results on Wednesday, February 20th. The industrial products company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.07. AptarGroup had a net margin of 7.04% and a return on equity of 18.66%. The company had revenue of $685.03 million for the quarter, compared to the consensus estimate of $668.21 million. During the same quarter in the prior year, the firm earned $0.81 earnings per share. The company’s revenue for the quarter was up 9.4% compared to the same quarter last year. On average, equities analysts predict that AptarGroup, Inc. will post 4.24 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 20th. Shareholders of record on Wednesday, January 30th were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend was Tuesday, January 29th. AptarGroup’s dividend payout ratio (DPR) is presently 34.00%.

ATR has been the topic of a number of research analyst reports. Vertical Research downgraded shares of AptarGroup from a “hold” rating to a “sell” rating in a report on Friday, February 22nd. Zacks Investment Research downgraded shares of AptarGroup from a “hold” rating to a “sell” rating in a report on Wednesday, March 6th. William Blair reissued an “outperform” rating on shares of AptarGroup in a report on Thursday, February 21st. Robert W. Baird raised shares of AptarGroup from a “neutral” rating to an “outperform” rating and set a $115.00 price objective on the stock in a report on Wednesday, February 27th. Finally, UBS Group set a $106.00 price objective on shares of AptarGroup and gave the stock a “hold” rating in a report on Friday, January 18th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $106.50.

In other news, Director Stephen J. Hagge sold 3,634 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $101.28, for a total value of $368,051.52. Following the completion of the transaction, the director now owns 70,671 shares of the company’s stock, valued at $7,157,558.88. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Maritza Gomez Montiel sold 707 shares of the business’s stock in a transaction that occurred on Wednesday, January 9th. The shares were sold at an average price of $93.58, for a total transaction of $66,161.06. Following the completion of the transaction, the director now directly owns 4,033 shares of the company’s stock, valued at approximately $377,408.14. The disclosure for this sale can be found here. 3.40% of the stock is owned by corporate insiders.

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About AptarGroup

AptarGroup, Inc provides a range of packaging, dispensing, and sealing solutions primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates through three segments: Beauty + Home, Pharma, and Food + Beverage.

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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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