Shares of AptarGroup, Inc. (NYSE:ATR) have been assigned a consensus rating of “Hold” from the ten ratings firms that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a sell recommendation, six have given a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $82.00.

A number of equities research analysts recently issued reports on ATR shares. Zacks Investment Research upgraded shares of AptarGroup from a “sell” rating to a “hold” rating in a report on Monday, October 2nd. BidaskClub downgraded shares of AptarGroup from a “hold” rating to a “sell” rating in a report on Thursday, August 24th. KeyCorp restated a “hold” rating on shares of AptarGroup in a report on Friday, October 27th. Jefferies Group restated a “hold” rating and issued a $78.00 target price on shares of AptarGroup in a report on Thursday, August 31st. Finally, Robert W. Baird restated a “hold” rating and issued a $85.00 target price on shares of AptarGroup in a report on Thursday, October 12th.

Shares of AptarGroup (NYSE ATR) opened at $88.17 on Thursday. AptarGroup has a twelve month low of $71.44 and a twelve month high of $90.79. The stock has a market cap of $5,544.15, a P/E ratio of 26.97, a P/E/G ratio of 3.13 and a beta of 0.95. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.75 and a quick ratio of 2.29.

AptarGroup (NYSE:ATR) last released its earnings results on Thursday, October 26th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.03. AptarGroup had a net margin of 9.24% and a return on equity of 16.82%. The firm had revenue of $624.33 million during the quarter, compared to the consensus estimate of $599.31 million. During the same period in the previous year, the firm earned $0.82 earnings per share. AptarGroup’s revenue was up 5.9% compared to the same quarter last year. equities analysts anticipate that AptarGroup will post 3.35 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 22nd. Shareholders of record on Wednesday, November 1st were given a dividend of $0.32 per share. The ex-dividend date was Tuesday, October 31st. This represents a $1.28 dividend on an annualized basis and a yield of 1.45%. AptarGroup’s dividend payout ratio (DPR) is 37.43%.

In other news, insider Salim Haffar sold 18,130 shares of the business’s stock in a transaction on Monday, October 30th. The shares were sold at an average price of $86.49, for a total transaction of $1,568,063.70. Following the transaction, the insider now directly owns 39,556 shares of the company’s stock, valued at $3,421,198.44. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Stephen J. Hagge sold 25,000 shares of the business’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $86.12, for a total transaction of $2,153,000.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 77,910 shares of company stock worth $6,745,469. 5.30% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of ATR. Zions Bancorporation acquired a new position in shares of AptarGroup during the third quarter worth $187,000. Cigna Investments Inc. New acquired a new stake in AptarGroup in the second quarter valued at $206,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in AptarGroup by 8.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,501 shares of the industrial products company’s stock valued at $217,000 after acquiring an additional 187 shares in the last quarter. Susquehanna International Group LLP raised its holdings in AptarGroup by 233.1% in the second quarter. Susquehanna International Group LLP now owns 2,528 shares of the industrial products company’s stock valued at $220,000 after acquiring an additional 4,428 shares in the last quarter. Finally, Vident Investment Advisory LLC acquired a new stake in AptarGroup in the third quarter valued at $221,000. 90.92% of the stock is currently owned by institutional investors and hedge funds.

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About AptarGroup

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.

Analyst Recommendations for AptarGroup (NYSE:ATR)

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