Schroder Investment Management Group Sells 121,671 Shares of AptarGroup, Inc. (NYSE:ATR)

Schroder Investment Management Group lowered its holdings in AptarGroup, Inc. (NYSE:ATR) by 34.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 230,898 shares of the industrial products company’s stock after selling 121,671 shares during the period. Schroder Investment Management Group owned about 0.35% of AptarGroup worth $36,189,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Howard Capital Management Group LLC grew its position in AptarGroup by 0.4% during the third quarter. Howard Capital Management Group LLC now owns 131,875 shares of the industrial products company’s stock valued at $21,125,000 after buying an additional 558 shares during the period. Glenmede Trust Co. NA boosted its stake in AptarGroup by 2.3% in the third quarter. Glenmede Trust Co. NA now owns 4,585 shares of the industrial products company’s stock valued at $734,000 after acquiring an additional 104 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of AptarGroup by 2.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 196,584 shares of the industrial products company’s stock valued at $31,491,000 after acquiring an additional 4,042 shares during the period. PEAK6 Investments LLC increased its stake in shares of AptarGroup by 141.6% during the 3rd quarter. PEAK6 Investments LLC now owns 3,501 shares of the industrial products company’s stock worth $561,000 after purchasing an additional 2,052 shares during the last quarter. Finally, Walleye Capital LLC bought a new stake in shares of AptarGroup in the 3rd quarter worth approximately $684,000. 88.52% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ATR has been the subject of several research reports. Wells Fargo & Company reduced their price objective on AptarGroup from $180.00 to $170.00 and set an “overweight” rating for the company in a report 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 report on Monday, January 6th. StockNews.com downgraded shares of AptarGroup from a “buy” rating to a “hold” rating in a report on Monday, February 10th. Robert W. Baird reduced their target price 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. Finally, Raymond James restated an “outperform” rating and set a $190.00 price target (down 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 issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $181.60.

AptarGroup Trading Up 0.7 %

Shares of ATR opened at $149.35 on Wednesday. AptarGroup, Inc. has a twelve month low of $135.96 and a twelve month high of $178.03. The stock has a market cap of $9.93 billion, a PE ratio of 26.96, a P/E/G ratio of 3.89 and a beta of 0.56. 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 business’s 50-day moving average price is $149.32 and its 200-day moving average price is $158.67.

AptarGroup (NYSE:ATR) last posted its 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 net margin of 10.45% and a return on equity of 15.56%. On average, equities analysts forecast that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Announces Dividend

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

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.