AptarGroup (ATR) Hits New 12-Month High and Low at $95.04

Shares of AptarGroup, Inc. (NYSE:ATR) reached a new 52-week high and low on Tuesday . The company traded as low as $95.04 and last traded at $95.05, with a volume of 88934 shares traded. The stock had previously closed at $94.31.

A number of equities analysts have commented on ATR shares. Zacks Investment Research upgraded shares of AptarGroup from a “hold” rating to a “buy” rating and set a $98.00 target price on the stock in a research note on Wednesday, January 31st. Wells Fargo reiterated a “market perform” rating and set a $90.00 price objective (up from $83.00) on shares of AptarGroup in a research note on Wednesday, February 14th. Robert W. Baird reiterated a “hold” rating and set a $92.00 price objective on shares of AptarGroup in a research note on Wednesday, February 14th. Finally, ValuEngine upgraded shares of AptarGroup from a “hold” rating to a “buy” rating in a research note on Wednesday, April 11th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $85.38.

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The company has a market cap of $5,760.85, a PE ratio of 27.60, a P/E/G ratio of 2.88 and a beta of 0.78. 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 (NYSE:ATR) last announced its 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. The company had revenue of $625.90 million during the quarter, compared to the consensus estimate of $577.17 million. AptarGroup had a net margin of 8.91% and a return on equity of 16.97%. AptarGroup’s revenue was up 16.1% compared to the same quarter last year. During the same period last year, the firm earned $0.69 earnings per share. equities analysts expect that AptarGroup, Inc. will post 3.78 EPS for the current fiscal year.

In other AptarGroup news, Director Stephen J. Hagge sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $91.17, for a total value of $2,279,250.00. Following the completion of the sale, the director now directly owns 114,613 shares in the company, valued at $10,449,267.21. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Stephen J. Hagge sold 5,612 shares of the firm’s stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of $88.65, for a total transaction of $497,503.80. Following the completion of the sale, the director now owns 84,001 shares of the company’s stock, valued at $7,446,688.65. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 186,090 shares of company stock valued at $16,807,725. 3.40% of the stock is owned by insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP raised its holdings in shares of AptarGroup by 2.0% in the third quarter. Dimensional Fund Advisors LP now owns 619,630 shares of the industrial products company’s stock worth $53,482,000 after buying an additional 12,035 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of AptarGroup by 5.6% in the third quarter. Envestnet Asset Management Inc. now owns 13,252 shares of the industrial products company’s stock worth $1,143,000 after buying an additional 700 shares during the last quarter. Vident Investment Advisory LLC purchased a new position in shares of AptarGroup in the third quarter worth $221,000. Jane Street Group LLC raised its holdings in shares of AptarGroup by 48.3% in the third quarter. Jane Street Group LLC now owns 5,492 shares of the industrial products company’s stock worth $474,000 after buying an additional 1,789 shares during the last quarter. Finally, Janus Henderson Group PLC raised its holdings in shares of AptarGroup by 142.8% in the third quarter. Janus Henderson Group PLC now owns 43,700 shares of the industrial products company’s stock worth $3,772,000 after buying an additional 25,700 shares during the last quarter. Institutional investors own 92.22% of the company’s stock.

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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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