AptarGroup, Inc. (ATR) Shares Bought by New York State Common Retirement Fund

New York State Common Retirement Fund lifted its holdings in AptarGroup, Inc. (NYSE:ATR) by 12.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 280,987 shares of the industrial products company’s stock after purchasing an additional 31,800 shares during the quarter. New York State Common Retirement Fund owned about 0.45% of AptarGroup worth $24,252,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Great Lakes Advisors LLC raised its stake in shares of AptarGroup by 0.4% during the 2nd quarter. Great Lakes Advisors LLC now owns 5,683 shares of the industrial products company’s stock worth $494,000 after purchasing an additional 20 shares in the last quarter. Coldstream Capital Management Inc. raised its stake in shares of AptarGroup by 1.1% during the 2nd quarter. Coldstream Capital Management Inc. now owns 2,805 shares of the industrial products company’s stock worth $244,000 after purchasing an additional 30 shares in the last quarter. Citigroup Inc. raised its stake in shares of AptarGroup by 0.5% during the 2nd quarter. Citigroup Inc. now owns 6,323 shares of the industrial products company’s stock worth $549,000 after purchasing an additional 34 shares in the last quarter. Advisory Services Network LLC raised its stake in AptarGroup by 1.1% in the 2nd quarter. Advisory Services Network LLC now owns 4,464 shares of the industrial products company’s stock valued at $388,000 after acquiring an additional 50 shares during the period. Finally, Teacher Retirement System of Texas raised its stake in AptarGroup by 1.2% in the 2nd quarter. Teacher Retirement System of Texas now owns 4,993 shares of the industrial products company’s stock valued at $434,000 after acquiring an additional 59 shares during the period. Institutional investors and hedge funds own 91.00% of the company’s stock.

In other news, CFO Robert Kuhn sold 5,000 shares of the firm’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $87.43, for a total transaction of $437,150.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Maritza Gomez Montiel sold 3,780 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $85.84, for a total value of $324,475.20. Following the transaction, the director now owns 3,336 shares of the company’s stock, valued at $286,362.24. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 77,910 shares of company stock valued at $6,745,469. 5.30% of the stock is owned by corporate insiders.

A number of equities research analysts recently weighed in on ATR shares. Zacks Investment Research upgraded AptarGroup from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. BidaskClub cut AptarGroup from a “hold” rating to a “sell” rating in a research note on Thursday, August 24th. Jefferies Group reaffirmed a “hold” rating and issued a $78.00 price objective on shares of AptarGroup in a report on Thursday, August 31st. KeyCorp reaffirmed a “hold” rating on shares of AptarGroup in a report on Friday, September 22nd. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $85.00 price objective on shares of AptarGroup in a report on Thursday, October 12th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. AptarGroup currently has an average rating of “Hold” and a consensus target price of $84.57.

Shares of AptarGroup, Inc. (ATR) opened at $87.28 on Tuesday. The company has a current ratio of 2.75, a quick ratio of 2.29 and a debt-to-equity ratio of 0.96. AptarGroup, Inc. has a 1-year low of $71.44 and a 1-year high of $90.79. The stock has a market capitalization of $5,475.63, a price-to-earnings ratio of 26.64, a PEG ratio of 3.09 and a beta of 0.95.

AptarGroup (NYSE:ATR) last announced its quarterly earnings data on Thursday, October 26th. The industrial products company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.03. AptarGroup had a return on equity of 16.82% and a net margin of 9.24%. The business had revenue of $624.33 million during the quarter, compared to the consensus estimate of $599.31 million. During the same period in the prior year, the company earned $0.82 EPS. AptarGroup’s revenue for the quarter was up 5.9% on a year-over-year basis. research analysts anticipate that AptarGroup, Inc. will post 3.35 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 22nd. Investors of record on Wednesday, November 1st were given a dividend of $0.32 per share. The ex-dividend date was Tuesday, October 31st. This represents a $1.28 annualized dividend and a dividend yield of 1.47%. AptarGroup’s dividend payout ratio is currently 37.43%.

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AptarGroup Company Profile

AptarGroup, Inc is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, homecare, prescription drug, consumer healthcare, injectables, food and beverage markets. The Company has manufacturing facilities located throughout the world, including North America, Europe, Asia and South America.

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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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