Xponance Inc. Purchases 1,026 Shares of AptarGroup, Inc. (NYSE:ATR)

Xponance Inc. raised its position in shares of AptarGroup, Inc. (NYSE:ATR) by 14.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,155 shares of the industrial products company’s stock after purchasing an additional 1,026 shares during the period. Xponance Inc.’s holdings in AptarGroup were worth $1,281,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of ATR. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of AptarGroup by 58.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 14,157 shares of the industrial products company’s stock worth $2,268,000 after acquiring an additional 5,248 shares during the period. Eagle Asset Management Inc. boosted its holdings in shares of AptarGroup by 43.9% in the third quarter. Eagle Asset Management Inc. now owns 40,202 shares of the industrial products company’s stock worth $7,066,000 after acquiring an additional 12,271 shares during the period. Geode Capital Management LLC boosted its holdings in shares of AptarGroup by 5.8% in the third quarter. Geode Capital Management LLC now owns 1,515,288 shares of the industrial products company’s stock worth $245,444,000 after acquiring an additional 83,452 shares during the period. Inspire Investing LLC boosted its holdings in shares of AptarGroup by 282.9% in the fourth quarter. Inspire Investing LLC now owns 6,800 shares of the industrial products company’s stock worth $1,068,000 after acquiring an additional 5,024 shares during the period. Finally, Hantz Financial Services Inc. bought a new position in shares of AptarGroup in the third quarter worth $1,310,000. 88.52% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on ATR shares. StockNews.com lowered AptarGroup from a “buy” rating to a “hold” rating in a report on Monday, February 10th. Wells Fargo & Company dropped their price objective on AptarGroup from $180.00 to $170.00 and set an “overweight” rating for the company in a research note on Monday, February 10th. Bank of America lowered AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 price objective for the company. in a research note on Monday, January 6th. Robert W. Baird dropped their price objective on AptarGroup from $185.00 to $160.00 and set an “outperform” rating for the company in a research note on Monday, February 10th. Finally, Raymond James reissued an “outperform” rating and set a $190.00 price objective (down previously from $200.00) on shares of AptarGroup in a research note on Monday, February 10th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $181.60.

AptarGroup Trading Down 0.1 %

NYSE ATR opened at $145.07 on Friday. The stock’s 50-day simple moving average is $150.42 and its two-hundred day simple moving average is $158.78. AptarGroup, Inc. has a twelve month low of $135.96 and a twelve month high of $178.03. The company has a quick ratio of 0.95, a current ratio of 1.38 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $9.65 billion, a price-to-earnings ratio of 26.19, a PEG ratio of 3.89 and a beta of 0.56.

AptarGroup (NYSE:ATR) last released its quarterly earnings results on Thursday, February 6th. The industrial products company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.24. AptarGroup had a return on equity of 15.56% and a net margin of 10.45%. Research analysts forecast that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 5th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Wednesday, February 5th. This represents a $1.80 dividend on an annualized basis and a yield of 1.24%. AptarGroup’s payout ratio is 32.49%.

About AptarGroup

AptarGroup, Inc designs and manufactures a range of drug delivery, consumer product dispensing, and active material science solutions and services for the pharmaceutical, beauty, personal care, home care, and food and beverage markets. The company operates through Aptar Pharma, Aptar Beauty, and Aptar Closures segments.