Signaturefd LLC Purchases 201 Shares of AptarGroup, Inc. (NYSE:ATR)

Signaturefd LLC grew its position in shares of AptarGroup, Inc. (NYSE:ATR) by 22.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,086 shares of the industrial products company’s stock after buying an additional 201 shares during the quarter. Signaturefd LLC’s holdings in AptarGroup were worth $171,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Stonebridge Financial Group LLC bought a new position in shares of AptarGroup during the 4th quarter worth approximately $42,000. Park Place Capital Corp purchased a new stake in shares of AptarGroup during the 4th quarter worth approximately $67,000. Principal Securities Inc. increased its stake in shares of AptarGroup by 328.4% during the 4th quarter. Principal Securities Inc. now owns 437 shares of the industrial products company’s stock worth $69,000 after purchasing an additional 335 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of AptarGroup by 310.4% during the 4th quarter. Jones Financial Companies Lllp now owns 591 shares of the industrial products company’s stock worth $93,000 after purchasing an additional 447 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in shares of AptarGroup by 12.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 650 shares of the industrial products company’s stock worth $102,000 after purchasing an additional 72 shares during the last quarter. Institutional investors own 88.52% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on ATR shares. StockNews.com lowered shares of AptarGroup from a “buy” rating to a “hold” rating in a research note on Monday, February 10th. Bank of America lowered shares of AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 price target for the company. in a research note on Monday, January 6th. Wells Fargo & Company decreased their price target on shares of AptarGroup from $180.00 to $170.00 and set an “overweight” rating for the company in a research note on Monday, February 10th. Raymond James restated 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. Finally, 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. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned 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.

AptarGroup Stock Down 0.1 %

AptarGroup stock opened at $145.07 on Friday. AptarGroup, Inc. has a 1-year low of $135.96 and a 1-year high of $178.03. The firm has a market capitalization of $9.65 billion, a price-to-earnings ratio of 26.19, a P/E/G ratio of 3.89 and a beta of 0.56. The company has a current ratio of 1.38, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28. The firm has a 50 day simple moving average of $150.42 and a 200 day simple moving average of $158.78.

AptarGroup (NYSE:ATR) last released its quarterly earnings results 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%. On average, analysts predict that AptarGroup, Inc. will post 5.57 earnings per share for the current year.

AptarGroup Announces Dividend

The company also recently declared 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 of this dividend was Wednesday, February 5th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.24%. AptarGroup’s dividend payout ratio (DPR) is currently 32.49%.

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.