2,698 Shares in AptarGroup, Inc. (NYSE:ATR) Purchased by Kapitalo Investimentos Ltda

Kapitalo Investimentos Ltda purchased a new position in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,698 shares of the industrial products company's stock, valued at approximately $424,000. AptarGroup comprises about 0.3% of Kapitalo Investimentos Ltda's portfolio, making the stock its 27th biggest position.

Other hedge funds also recently made changes to their positions in the company. Stonebridge Financial Group LLC acquired a new position in AptarGroup during the fourth quarter worth $42,000. Park Place Capital Corp acquired a new position in shares of AptarGroup during the 4th quarter worth about $67,000. Principal Securities Inc. grew its holdings in shares of AptarGroup by 328.4% in the 4th quarter. Principal Securities Inc. now owns 437 shares of the industrial products company's stock valued at $69,000 after acquiring an additional 335 shares in the last quarter. Huntington National Bank grew its holdings in shares of AptarGroup by 35.1% in the 4th quarter. Huntington National Bank now owns 462 shares of the industrial products company's stock valued at $73,000 after acquiring an additional 120 shares in the last quarter. Finally, Johnson Financial Group Inc. acquired a new stake in shares of AptarGroup in the fourth quarter valued at about $75,000. 88.52% of the stock is owned by institutional investors.

AptarGroup Stock Performance

ATR stock traded up $3.63 during midday trading on Friday, reaching $151.91. 431,607 shares of the company were exchanged, compared to its average volume of 303,424. AptarGroup, Inc. has a one year low of $130.85 and a one year high of $178.03. The firm has a market capitalization of $10.02 billion, a price-to-earnings ratio of 27.42, a price-to-earnings-growth ratio of 3.89 and a beta of 0.59. The business has a 50-day moving average price of $146.26 and a two-hundred day moving average price of $156.31. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.38 and a quick ratio of 0.95.

AptarGroup (NYSE:ATR - Get Free Report) last announced its earnings results on Thursday, May 1st. The industrial products company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.16 by $0.04. The business had revenue of $887.31 million during the quarter, compared to the consensus estimate of $894.26 million. AptarGroup had a net margin of 10.45% and a return on equity of 15.56%. AptarGroup's revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.26 EPS. Equities research analysts forecast that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 1st will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $1.80 annualized dividend and a yield of 1.18%. AptarGroup's payout ratio is currently 32.49%.

Analyst Ratings Changes

A number of research firms have weighed in on ATR. Bank of America downgraded 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 decreased their target price on shares of AptarGroup from $190.00 to $175.00 and set an "outperform" rating for the company in a research note on Tuesday, April 22nd. Robert W. Baird dropped their price target on shares of AptarGroup from $185.00 to $160.00 and set an "outperform" rating on the stock in a research report on Monday, February 10th. Wells Fargo & Company decreased their price objective on shares of AptarGroup from $180.00 to $170.00 and set an "overweight" rating for the company in a research report on Monday, February 10th. Finally, StockNews.com cut shares of AptarGroup from a "buy" rating to a "hold" rating in a report on Monday, February 10th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $178.60.

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.