AptarGroup (NYSE:ATR) Trading Down 0.3% – Time to Sell?

AptarGroup, Inc. (NYSE:ATR)’s stock price dropped 0.3% during trading on Monday . The stock traded as low as $150.96 and last traded at $152.32. Approximately 55,258 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 381,623 shares. The stock had previously closed at $152.78.

Analyst Ratings Changes

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

AptarGroup Stock Performance

The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.95 and a current ratio of 1.38. The stock’s fifty day moving average is $152.03 and its two-hundred day moving average is $159.15. The firm has a market cap of $10.02 billion, a price-to-earnings ratio of 27.19, a PEG ratio of 3.89 and a beta of 0.56.

AptarGroup (NYSE:ATR) last issued its quarterly earnings data 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 net margin of 10.45% and a return on equity of 15.56%. On average, analysts expect that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 5th were given a dividend of $0.45 per share. The ex-dividend date was Wednesday, February 5th. This represents a $1.80 annualized dividend and a dividend yield of 1.20%. AptarGroup’s dividend payout ratio (DPR) is 32.49%.

Institutional Trading of AptarGroup

A number of hedge funds and other institutional investors have recently made changes to their positions in ATR. Capital Performance Advisors LLP bought a new stake in shares of AptarGroup during the 3rd quarter worth $25,000. Stonebridge Financial Group LLC purchased a new stake in AptarGroup during the fourth quarter valued at about $42,000. Huntington National Bank boosted its holdings in shares of AptarGroup by 312.0% in the third quarter. Huntington National Bank now owns 342 shares of the industrial products company’s stock worth $55,000 after buying an additional 259 shares during the period. Park Place Capital Corp purchased a new position in shares of AptarGroup in the fourth quarter worth approximately $67,000. Finally, Principal Securities Inc. raised its holdings in shares of AptarGroup by 328.4% during the fourth quarter. Principal Securities Inc. now owns 437 shares of the industrial products company’s stock valued at $69,000 after acquiring an additional 335 shares during the period. 88.52% of the stock is currently owned by institutional investors.

AptarGroup Company 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.