Two Sigma Advisers LP acquired a new stake in shares of AptarGroup, Inc. (NYSE:ATR) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,804 shares of the industrial products company’s stock, valued at approximately $414,000.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. GW&K Investment Management LLC raised its holdings in shares of AptarGroup by 0.4% during the 4th quarter. GW&K Investment Management LLC now owns 142,807 shares of the industrial products company’s stock valued at $12,321,000 after buying an additional 623 shares in the last quarter. OppenheimerFunds Inc. increased its stake in AptarGroup by 9.1% in the 4th quarter. OppenheimerFunds Inc. now owns 7,982 shares of the industrial products company’s stock worth $689,000 after purchasing an additional 665 shares during the period. Amalgamated Bank increased its stake in AptarGroup by 5.8% in the 4th quarter. Amalgamated Bank now owns 12,505 shares of the industrial products company’s stock worth $1,079,000 after purchasing an additional 690 shares during the period. Farmers & Merchants Investments Inc. increased its stake in AptarGroup by 2.1% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 39,024 shares of the industrial products company’s stock worth $3,367,000 after purchasing an additional 792 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in AptarGroup by 36.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,662 shares of the industrial products company’s stock worth $316,000 after purchasing an additional 987 shares during the period. 92.22% of the stock is currently owned by institutional investors.
NYSE ATR opened at $94.44 on Friday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.53 and a current ratio of 3.16. AptarGroup, Inc. has a twelve month low of $77.10 and a twelve month high of $96.39. The company has a market cap of $5,888.18, a P/E ratio of 27.45, a PEG ratio of 2.95 and a beta of 0.79.
AptarGroup (NYSE:ATR) last released its quarterly earnings results on Monday, February 12th. The industrial products company reported $0.81 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.71 by $0.10. AptarGroup had a return on equity of 16.97% and a net margin of 8.91%. The company had revenue of $625.90 million for the quarter, compared to analyst estimates of $577.17 million. During the same period in the previous year, the company posted $0.69 earnings per share. The firm’s revenue was up 16.1% on a year-over-year basis. research analysts predict that AptarGroup, Inc. will post 3.78 EPS for the current fiscal year.
In other AptarGroup news, insider Ursula Saint-Leger sold 66,493 shares of the business’s stock in a transaction on Tuesday, March 13th. The stock was sold at an average price of $90.53, for a total value of $6,019,611.29. Following the sale, the insider now directly owns 42,690 shares of the company’s stock, valued at $3,864,725.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Stephen J. Hagge sold 5,612 shares of the business’s stock in a transaction on Friday, March 2nd. The stock was sold at an average price of $88.65, for a total value of $497,503.80. Following the completion of the sale, the director now directly owns 84,001 shares in the company, valued at $7,446,688.65. The disclosure for this sale can be found here. Insiders have sold 186,090 shares of company stock worth $16,807,725 over the last 90 days. 5.30% of the stock is currently owned by corporate insiders.
A number of brokerages have commented on ATR. Zacks Investment Research cut AptarGroup from a “buy” rating to a “hold” rating in a research note on Tuesday, April 17th. ValuEngine raised AptarGroup from a “hold” rating to a “buy” rating in a research note on Wednesday, April 11th. Robert W. Baird reaffirmed a “hold” rating and issued a $92.00 price target on shares of AptarGroup in a research note on Wednesday, February 14th. Finally, Wells Fargo reaffirmed a “market perform” rating and issued a $90.00 price target (up from $83.00) on shares of AptarGroup in a research note on Wednesday, February 14th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the stock. AptarGroup presently has a consensus rating of “Hold” and a consensus price target of $85.38.
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AptarGroup, Inc provides a range of packaging, dispensing, and sealing solutions, primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates in three segments: Beauty + Home, Pharma, and Food + Beverage.
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