AptarGroup, Inc. (NYSE:ATR) Shares Bought by Bokf Na

BOKF NA increased its position in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 177,225.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,093 shares of the industrial products company's stock after buying an additional 7,089 shares during the period. BOKF NA's holdings in AptarGroup were worth $1,088,000 at the end of the most recent reporting period.

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

AptarGroup Price Performance

Shares of NYSE:ATR traded down $1.59 on Wednesday, reaching $152.05. 143,828 shares of the company were exchanged, compared to its average volume of 303,970. 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 1-year low of $130.85 and a 1-year high of $178.03. The firm has a market cap of $10.04 billion, a price-to-earnings ratio of 27.45, a price-to-earnings-growth ratio of 3.89 and a beta of 0.58. The company has a 50-day moving average of $147.05 and a 200-day moving average of $155.53.

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

AptarGroup Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 1st will be given a $0.45 dividend. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $1.80 annualized dividend and a dividend yield of 1.18%. AptarGroup's dividend payout ratio is presently 32.85%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on ATR. Wells Fargo & Company reiterated an "overweight" rating and set a $170.00 price target (up previously from $162.00) on shares of AptarGroup in a research note on Tuesday, May 6th. StockNews.com raised AptarGroup from a "hold" rating to a "buy" rating in a report on Monday, May 5th. Raymond James dropped their target price on AptarGroup from $190.00 to $175.00 and set an "outperform" rating on the stock in a report on Tuesday, April 22nd. Finally, Robert W. Baird cut their price objective on shares of AptarGroup from $185.00 to $160.00 and set an "outperform" rating for the company in a research report on Monday, February 10th. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $178.60.

Insider Buying and Selling

In other AptarGroup news, insider Shiela Vinczeller sold 995 shares of the firm's stock in a transaction on Wednesday, May 7th. The stock was sold at an average price of $152.42, for a total transaction of $151,657.90. Following the completion of the transaction, the insider now owns 26,301 shares of the company's stock, valued at approximately $4,008,798.42. This trade represents a 3.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Stephan B. Tanda sold 17,771 shares of the business's stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $151.24, for a total transaction of $2,687,686.04. Following the completion of the transaction, the chief executive officer now directly owns 204,986 shares of the company's stock, valued at $31,002,082.64. The trade was a 7.98% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 30,095 shares of company stock worth $4,565,770 in the last three months. Corporate insiders own 0.68% of the company's stock.

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 Aptar Pharma, Aptar Beauty, and Aptar Closures segments.