Vanguard Personalized Indexing Management LLC grew its position in AptarGroup, Inc. (NYSE:ATR – Free Report) by 96.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,053 shares of the industrial products company’s stock after purchasing an additional 2,479 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in AptarGroup were worth $597,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also modified their holdings of ATR. Raymond James Financial Services Advisors Inc. boosted its position in shares of AptarGroup by 10.3% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 10,393 shares of the industrial products company’s stock worth $1,221,000 after purchasing an additional 970 shares during the period. HighTower Advisors LLC boosted its position in shares of AptarGroup by 6.3% in the first quarter. HighTower Advisors LLC now owns 6,976 shares of the industrial products company’s stock worth $820,000 after purchasing an additional 416 shares during the period. Great West Life Assurance Co. Can boosted its position in shares of AptarGroup by 9.1% in the first quarter. Great West Life Assurance Co. Can now owns 37,547 shares of the industrial products company’s stock worth $4,539,000 after purchasing an additional 3,125 shares during the period. Raymond James Trust N.A. boosted its position in shares of AptarGroup by 7.1% in the first quarter. Raymond James Trust N.A. now owns 4,632 shares of the industrial products company’s stock worth $545,000 after purchasing an additional 308 shares during the period. Finally, Sei Investments Co. boosted its position in shares of AptarGroup by 0.4% in the first quarter. Sei Investments Co. now owns 122,797 shares of the industrial products company’s stock worth $14,429,000 after purchasing an additional 484 shares during the period. 89.40% of the stock is currently owned by institutional investors.
AptarGroup Trading Up 1.9 %
Shares of ATR opened at $127.54 on Friday. AptarGroup, Inc. has a twelve month low of $90.23 and a twelve month high of $127.68. The company has a market cap of $8.37 billion, a P/E ratio of 33.92, a P/E/G ratio of 3.94 and a beta of 0.63. The company has a current ratio of 1.47, a quick ratio of 0.97 and a debt-to-equity ratio of 0.43. The company’s fifty day simple moving average is $119.02 and its 200-day simple moving average is $117.13.
AptarGroup Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, August 17th. Shareholders of record on Thursday, July 27th were issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 1.29%. This is a boost from AptarGroup’s previous quarterly dividend of $0.38. The ex-dividend date was Wednesday, July 26th. AptarGroup’s dividend payout ratio is presently 43.62%.
Insider Activity
In other news, insider Xiangwei Gong sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $123.13, for a total value of $369,390.00. Following the sale, the insider now directly owns 17,859 shares in the company, valued at approximately $2,198,978.67. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Xiangwei Gong sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $123.13, for a total value of $369,390.00. Following the sale, the insider now directly owns 17,859 shares in the company, valued at approximately $2,198,978.67. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Marc Prieur sold 8,000 shares of the stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $121.00, for a total transaction of $968,000.00. Following the completion of the transaction, the insider now directly owns 17,028 shares of the company’s stock, valued at $2,060,388. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,349 shares of company stock worth $3,097,055. Corporate insiders own 1.00% of the company’s stock.
Analyst Upgrades and Downgrades
ATR has been the subject of a number of research reports. Robert W. Baird upped their target price on shares of AptarGroup from $115.00 to $125.00 in a research report on Monday, May 1st. Deutsche Bank Aktiengesellschaft upped their target price on shares of AptarGroup from $130.00 to $134.00 in a research report on Monday, May 1st. Bank of America dropped their target price on shares of AptarGroup from $152.00 to $149.00 in a research report on Monday, July 10th. Finally, StockNews.com initiated coverage on shares of AptarGroup in a research report on Thursday, August 17th. They set a “buy” rating for the company. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $130.83.
View Our Latest Research Report on ATR
About AptarGroup
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 three segments: Aptar Pharma, Aptar Beauty, and Aptar Closures.
Featured Stories
- Five stocks we like better than AptarGroup
- Stocks in the Dow: About the Dow Jones Industrial Average (DJIA)
- 2 Stocks to Get You Ready for the Holiday Season
- Which Wall Street Analysts are the Most Accurate?
- Profit Potential: 5 Undervalued Stocks With High Dividend Yields
- Best Stocks Under $5.00
- MarketBeat Week in Review – 8/21 – 8/25
Want to see what other hedge funds are holding ATR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AptarGroup, Inc. (NYSE:ATR – Free Report).
Receive News & Ratings for AptarGroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AptarGroup and related companies with MarketBeat.com's FREE daily email newsletter.
