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

Signaturefd LLC lifted its stake in shares of AptarGroup, Inc. (NYSE:ATR) by 22.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,086 shares of the industrial products company’s stock after acquiring an additional 201 shares during the period. Signaturefd LLC’s holdings in AptarGroup were worth $171,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in ATR. FMR LLC lifted its holdings in shares of AptarGroup by 13.0% during the 3rd quarter. FMR LLC now owns 1,864,198 shares of the industrial products company’s stock worth $298,626,000 after acquiring an additional 214,097 shares during the last quarter. Jupiter Asset Management Ltd. bought a new stake in shares of AptarGroup during the 4th quarter worth $22,925,000. Raymond James Financial Inc. bought a new stake in shares of AptarGroup during the 4th quarter worth $21,941,000. Massachusetts Financial Services Co. MA lifted its holdings in shares of AptarGroup by 88.2% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 230,775 shares of the industrial products company’s stock worth $36,968,000 after acquiring an additional 108,175 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in AptarGroup by 5.8% in the third quarter. Geode Capital Management LLC now owns 1,515,288 shares of the industrial products company’s stock worth $245,444,000 after purchasing an additional 83,452 shares during the last quarter. 88.52% of the stock is owned by institutional investors.

AptarGroup Stock Performance

Shares of NYSE:ATR opened at $145.07 on Friday. The company has a market cap of $9.65 billion, a price-to-earnings ratio of 26.19, a price-to-earnings-growth ratio of 3.89 and a beta of 0.56. The company has a 50-day moving average price of $150.42 and a 200-day moving average price of $158.78. The company has a current ratio of 1.38, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28. AptarGroup, Inc. has a 12 month low of $135.96 and a 12 month high of $178.03.

AptarGroup (NYSE:ATR) last issued its quarterly earnings data on Thursday, February 6th. The industrial products company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.28 by $0.24. AptarGroup had a net margin of 10.45% and a return on equity of 15.56%. As a group, equities analysts anticipate that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 5th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 1.24%. The ex-dividend date was Wednesday, February 5th. AptarGroup’s dividend payout ratio is currently 32.49%.

Wall Street Analysts Forecast Growth

ATR has been the subject of several recent research reports. Robert W. Baird lowered their price target 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. Wells Fargo & Company lowered 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. Bank of America downgraded 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. Raymond James reissued an “outperform” rating and issued a $190.00 price target (down from $200.00) on shares of AptarGroup in a research note on Monday, February 10th. Finally, StockNews.com downgraded shares of AptarGroup from a “buy” rating to a “hold” rating in a research note on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $181.60.

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.