AptarGroup, Inc. (NYSE:ATR) Shares Sold by Sei Investments Co.

Sei Investments Co. lessened its position in AptarGroup, Inc. (NYSE:ATR) by 0.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 104,857 shares of the industrial products company’s stock after selling 327 shares during the period. Sei Investments Co.’s holdings in AptarGroup were worth $16,473,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Stonebridge Financial Group LLC acquired a new stake in AptarGroup in the fourth quarter valued at about $42,000. Park Place Capital Corp purchased a new position in shares of AptarGroup during the 4th quarter worth approximately $67,000. Principal Securities Inc. lifted its holdings in shares of AptarGroup by 328.4% in the 4th quarter. Principal Securities Inc. now owns 437 shares of the industrial products company’s stock valued at $69,000 after buying an additional 335 shares during the period. Jones Financial Companies Lllp boosted its stake in shares of AptarGroup by 310.4% in the fourth quarter. Jones Financial Companies Lllp now owns 591 shares of the industrial products company’s stock valued at $93,000 after buying an additional 447 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in AptarGroup by 12.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 650 shares of the industrial products company’s stock worth $102,000 after acquiring an additional 72 shares during the period. Hedge funds and other institutional investors own 88.52% of the company’s stock.

AptarGroup Stock Performance

AptarGroup stock opened at $146.83 on Friday. The stock has a fifty day moving average price of $149.69 and a 200 day moving average price of $158.61. 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, Inc. has a 52 week low of $135.96 and a 52 week high of $178.03. The firm has a market capitalization of $9.76 billion, a P/E ratio of 26.50, a PEG ratio of 3.89 and a beta of 0.56.

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

AptarGroup Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 5th were issued a $0.45 dividend. The ex-dividend date was Wednesday, February 5th. This represents a $1.80 annualized dividend and a yield of 1.23%. AptarGroup’s payout ratio is 32.49%.

Wall Street Analysts Forecast Growth

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

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.