GHP Investment Advisors Inc. raised its holdings in AptarGroup, Inc. (NYSE:ATR) by 3.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 29,406 shares of the industrial products company’s stock after purchasing an additional 925 shares during the quarter. GHP Investment Advisors Inc.’s holdings in AptarGroup were worth $2,537,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Teachers Advisors LLC raised its position in shares of AptarGroup by 18.7% during the fourth quarter. Teachers Advisors LLC now owns 92,574 shares of the industrial products company’s stock worth $7,987,000 after acquiring an additional 14,552 shares during the last quarter. Raymond James & Associates raised its position in shares of AptarGroup by 1.8% during the fourth quarter. Raymond James & Associates now owns 78,171 shares of the industrial products company’s stock worth $6,745,000 after acquiring an additional 1,385 shares during the last quarter. Two Sigma Investments LP bought a new stake in shares of AptarGroup during the fourth quarter worth $545,000. Two Sigma Advisers LP bought a new stake in shares of AptarGroup during the fourth quarter worth $414,000. Finally, Stone Ridge Asset Management LLC bought a new stake in shares of AptarGroup during the fourth quarter worth $1,552,000. Hedge funds and other institutional investors own 92.25% of the company’s stock.
Shares of AptarGroup, Inc. (ATR) opened at $90.50 on Wednesday. The firm has a market capitalization of $5,638.49, a price-to-earnings 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. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.53 and a current ratio of 3.16.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 21st. Investors of record on Wednesday, January 31st were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Tuesday, January 30th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.41%. AptarGroup’s dividend payout ratio (DPR) is presently 37.43%.
In related news, Director King W. Harris sold 68,985 shares of AptarGroup stock in a transaction on 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 completion of the sale, the director now directly owns 193,474 shares of the company’s stock, valued at $17,410,725.26. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Stephen J. Hagge sold 5,612 shares of AptarGroup stock in a transaction on Friday, March 2nd. The stock was sold at an average price of $88.65, for a total value of $497,503.80. Following the sale, the director now directly owns 84,001 shares of the company’s stock, valued at $7,446,688.65. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 119,597 shares of company stock valued at $10,788,114. 5.30% of the stock is owned by insiders.
A number of equities research analysts have recently weighed in on ATR shares. Zacks Investment Research upgraded AptarGroup from a “hold” rating to a “buy” rating and set a $94.00 target price for the company in a research report on Wednesday, February 7th. Robert W. Baird restated a “hold” rating and set a $92.00 target price on shares of AptarGroup in a research report on Wednesday, February 14th. Finally, Wells Fargo & Co restated a “market perform” rating and set a $90.00 target price (up previously from $83.00) on shares of AptarGroup in a research report on Wednesday, February 14th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $85.38.
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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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