Curi RMB Capital LLC Purchases 16,949 Shares of AptarGroup, Inc. (NYSE:ATR)

Curi RMB Capital LLC grew its holdings in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 16.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 119,687 shares of the industrial products company's stock after acquiring an additional 16,949 shares during the period. Curi RMB Capital LLC owned about 0.18% of AptarGroup worth $18,803,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Stonebridge Financial Group LLC acquired a new stake in AptarGroup during the fourth quarter worth approximately $42,000. Park Place Capital Corp acquired a new stake in shares of AptarGroup during the 4th quarter worth approximately $67,000. Principal Securities Inc. increased its stake 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 increased its stake 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, Jones Financial Companies Lllp lifted its position in shares of AptarGroup by 310.4% during the 4th quarter. Jones Financial Companies Lllp now owns 591 shares of the industrial products company's stock valued at $93,000 after acquiring an additional 447 shares during the period. Institutional investors own 88.52% of the company's stock.

AptarGroup Stock Performance

Shares of ATR traded up $1.97 on Thursday, reaching $150.02. 132,809 shares of the company's stock traded hands, compared to its average volume of 306,948. The stock's 50 day simple moving average is $145.76 and its two-hundred day simple moving average is $156.88. 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 52-week low of $130.85 and a 52-week high of $178.03. The stock has a market cap of $9.90 billion, a PE ratio of 27.07, a PEG ratio of 3.89 and a beta of 0.59.

AptarGroup (NYSE:ATR - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The industrial products company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.24. AptarGroup had a net margin of 10.45% and a return on equity of 15.56%. On average, analysts forecast that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 1st will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend is Thursday, May 1st. AptarGroup's payout ratio is currently 32.49%.

Analyst Ratings Changes

Several research firms have weighed in on ATR. StockNews.com downgraded shares of AptarGroup from a "buy" rating to a "hold" rating in a research note on Monday, February 10th. Raymond James dropped their price target on AptarGroup from $190.00 to $175.00 and set an "outperform" rating on the stock in a research note on Tuesday. Bank of America cut AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 price objective for the company. in a research note on Monday, January 6th. Robert W. Baird lowered their target price on AptarGroup from $185.00 to $160.00 and set an "outperform" rating on the stock in a research report on Monday, February 10th. Finally, Wells Fargo & Company cut their target price on AptarGroup from $180.00 to $170.00 and set an "overweight" rating on the stock in a report on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $178.60.

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.