Broderick Brian C Grows Position in AptarGroup, Inc. (NYSE:ATR)

Broderick Brian C grew its holdings in shares of AptarGroup, Inc. (NYSE:ATRFree Report) by 3.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 80,514 shares of the industrial products company’s stock after purchasing an additional 2,413 shares during the quarter. AptarGroup makes up 2.5% of Broderick Brian C’s investment portfolio, making the stock its 18th largest holding. Broderick Brian C owned 0.12% of AptarGroup worth $9,953,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. C M Bidwell & Associates Ltd. grew its stake in shares of AptarGroup by 1,063.3% during the 3rd quarter. C M Bidwell & Associates Ltd. now owns 349 shares of the industrial products company’s stock worth $44,000 after acquiring an additional 319 shares during the period. GAMMA Investing LLC bought a new position in AptarGroup in the 4th quarter worth about $61,000. Signaturefd LLC boosted its stake in AptarGroup by 41.8% in the 4th quarter. Signaturefd LLC now owns 699 shares of the industrial products company’s stock worth $86,000 after purchasing an additional 206 shares during the period. USA Financial Formulas bought a new position in AptarGroup in the 3rd quarter worth about $104,000. Finally, KBC Group NV bought a new position in AptarGroup in the 4th quarter worth about $150,000. 88.52% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at AptarGroup

In related news, EVP Kimberly Chainey sold 825 shares of the company’s stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $146.77, for a total transaction of $121,085.25. Following the completion of the sale, the executive vice president now owns 8,812 shares in the company, valued at $1,293,337.24. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, Director Monnas Giovanna Kampouri sold 2,000 shares of the company’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $142.45, for a total transaction of $284,900.00. Following the completion of the sale, the director now owns 9,648 shares in the company, valued at $1,374,357.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kimberly Chainey sold 825 shares of the company’s stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $146.77, for a total value of $121,085.25. Following the completion of the sale, the executive vice president now owns 8,812 shares of the company’s stock, valued at approximately $1,293,337.24. The disclosure for this sale can be found here. Insiders sold 14,159 shares of company stock worth $2,054,816 over the last quarter. 1.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

ATR has been the subject of a number of research analyst reports. Robert W. Baird lifted their price target on AptarGroup from $150.00 to $170.00 and gave the company an “outperform” rating in a research report on Monday, April 29th. William Blair upgraded AptarGroup from a “market perform” rating to an “outperform” rating in a research report on Monday, April 29th. Finally, Wells Fargo & Company lifted their price target on AptarGroup from $160.00 to $163.00 and gave the company an “overweight” rating in a research report on Monday, April 29th.

View Our Latest Stock Analysis on ATR

AptarGroup Stock Down 0.3 %

Shares of NYSE ATR traded down $0.41 during mid-day trading on Friday, hitting $145.55. 179,120 shares of the stock traded hands, compared to its average volume of 219,230. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.89 and a current ratio of 1.30. AptarGroup, Inc. has a 52 week low of $111.63 and a 52 week high of $151.73. The company has a market cap of $9.64 billion, a price-to-earnings ratio of 31.24, a PEG ratio of 3.11 and a beta of 0.60. The stock has a fifty day moving average price of $144.53 and a 200-day moving average price of $136.78.

AptarGroup (NYSE:ATRGet Free Report) last released its earnings results on Thursday, April 25th. The industrial products company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.13 by $0.13. AptarGroup had a return on equity of 15.06% and a net margin of 8.83%. The business had revenue of $915.45 million for the quarter, compared to the consensus estimate of $897.40 million. Research analysts anticipate that AptarGroup, Inc. will post 5.36 EPS for the current year.

AptarGroup Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 16th. Stockholders of record on Thursday, April 25th were paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 1.13%. The ex-dividend date was Wednesday, April 24th. AptarGroup’s dividend payout ratio is currently 35.19%.

AptarGroup Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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