Squarepoint Ops LLC boosted its position in shares of AptarGroup, Inc. (NYSE:ATR – Free Report) by 356.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,596 shares of the industrial products company’s stock after buying an additional 33,260 shares during the period. Squarepoint Ops LLC owned approximately 0.06% of AptarGroup worth $6,663,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. State Street Corp boosted its position in shares of AptarGroup by 1.5% during the 2nd quarter. State Street Corp now owns 2,868,365 shares of the industrial products company’s stock worth $448,698,000 after acquiring an additional 43,188 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of AptarGroup by 3.7% in the 2nd quarter. Geode Capital Management LLC now owns 1,749,276 shares of the industrial products company’s stock valued at $282,868,000 after purchasing an additional 62,540 shares in the last quarter. Mawer Investment Management Ltd. raised its holdings in shares of AptarGroup by 16.4% during the 2nd quarter. Mawer Investment Management Ltd. now owns 1,400,757 shares of the industrial products company’s stock worth $219,120,000 after buying an additional 197,214 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of AptarGroup by 12.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 800,182 shares of the industrial products company’s stock worth $118,723,000 after buying an additional 87,719 shares during the last quarter. Finally, Fiduciary Management Inc. WI boosted its stake in AptarGroup by 40.8% in the first quarter. Fiduciary Management Inc. WI now owns 767,636 shares of the industrial products company’s stock valued at $113,902,000 after buying an additional 222,577 shares in the last quarter. 88.52% of the stock is currently owned by institutional investors and hedge funds.
AptarGroup Price Performance
Shares of NYSE ATR opened at $121.57 on Monday. The company has a market capitalization of $7.98 billion, a PE ratio of 19.45, a P/E/G ratio of 3.24 and a beta of 0.50. The company has a quick ratio of 0.82, a current ratio of 1.19 and a debt-to-equity ratio of 0.20. AptarGroup, Inc. has a twelve month low of $103.23 and a twelve month high of $171.00. The firm has a fifty day simple moving average of $123.16 and a 200 day simple moving average of $138.30.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on ATR. KeyCorp began coverage on AptarGroup in a research note on Wednesday, September 3rd. They set an “overweight” rating and a $220.00 price target on the stock. Robert W. Baird reduced their target price on shares of AptarGroup from $160.00 to $145.00 and set an “outperform” rating on the stock in a report on Monday, November 3rd. Zacks Research cut shares of AptarGroup from a “hold” rating to a “strong sell” rating in a research report on Friday, November 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of AptarGroup in a report on Monday, December 8th. Finally, Wells Fargo & Company reduced their price objective on shares of AptarGroup from $152.00 to $133.00 and set an “overweight” rating on the stock in a research note on Monday, November 3rd. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $168.60.
Check Out Our Latest Stock Analysis on AptarGroup
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.
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