New Age Alpha Advisors LLC Purchases New Shares in AptarGroup, Inc. (NYSE:ATR)

New Age Alpha Advisors LLC purchased a new position in shares of AptarGroup, Inc. (NYSE:ATR) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 50,648 shares of the industrial products company’s stock, valued at approximately $7,957,000. New Age Alpha Advisors LLC owned 0.08% of AptarGroup as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC boosted its position in shares of AptarGroup by 58.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 14,157 shares of the industrial products company’s stock valued at $2,268,000 after purchasing an additional 5,248 shares in the last quarter. Geode Capital Management LLC grew its position in AptarGroup by 5.8% during the third quarter. Geode Capital Management LLC now owns 1,515,288 shares of the industrial products company’s stock valued at $245,444,000 after purchasing an additional 83,452 shares in the last quarter. Inspire Investing LLC increased its stake in AptarGroup by 282.9% in the 4th quarter. Inspire Investing LLC now owns 6,800 shares of the industrial products company’s stock valued at $1,068,000 after buying an additional 5,024 shares during the period. Hantz Financial Services Inc. purchased a new position in shares of AptarGroup during the 3rd quarter valued at $1,310,000. Finally, GAMMA Investing LLC raised its holdings in shares of AptarGroup by 67.6% during the fourth quarter. GAMMA Investing LLC now owns 1,002 shares of the industrial products company’s stock worth $157,000 after acquiring an additional 404 shares in the last quarter. Institutional investors and hedge funds own 88.52% of the company’s stock.

AptarGroup Trading Up 0.5 %

NYSE ATR opened at $149.35 on Friday. The company has a market cap of $9.93 billion, a PE ratio of 26.96, a PEG ratio of 3.89 and a beta of 0.56. AptarGroup, Inc. has a 12 month low of $135.96 and a 12 month high of $178.03. The stock has a 50 day moving average of $149.87 and a 200-day moving average of $158.65. The company has a current ratio of 1.38, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28.

AptarGroup (NYSE:ATR) last announced its quarterly earnings results on Thursday, February 6th. The industrial products company reported $1.52 earnings per share for the quarter, topping 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%. On average, equities research analysts anticipate that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 5th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date was Wednesday, February 5th. AptarGroup’s dividend payout ratio is 32.49%.

Analysts Set New Price Targets

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

AptarGroup Profile

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.