UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Position in AptarGroup, Inc. (NYSE:ATR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in AptarGroup, Inc. (NYSE:ATR - Free Report) by 6.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 209,751 shares of the industrial products company's stock after buying an additional 13,167 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.32% of AptarGroup worth $32,952,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stonebridge Financial Group LLC purchased a new stake in AptarGroup in the 4th quarter valued at approximately $42,000. Principal Securities Inc. lifted its stake in 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 buying an additional 335 shares in the last quarter. Huntington National Bank lifted its stake in shares of AptarGroup by 35.1% during the 4th quarter. Huntington National Bank now owns 462 shares of the industrial products company's stock worth $73,000 after purchasing an additional 120 shares during the period. Johnson Financial Group Inc. purchased a new position in shares of AptarGroup during the 4th quarter worth $75,000. Finally, Jones Financial Companies Lllp boosted its holdings in shares of AptarGroup by 310.4% during the fourth quarter. Jones Financial Companies Lllp now owns 591 shares of the industrial products company's stock worth $93,000 after purchasing an additional 447 shares during the last quarter. Hedge funds and other institutional investors own 88.52% of the company's stock.

AptarGroup Trading Up 0.1%

Shares of ATR traded up $0.10 during trading hours on Friday, hitting $158.43. The stock had a trading volume of 335,104 shares, compared to its average volume of 308,116. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.95 and a current ratio of 1.38. The firm has a market cap of $10.46 billion, a P/E ratio of 28.60, a P/E/G ratio of 3.89 and a beta of 0.58. The company's fifty day simple moving average is $149.53 and its 200 day simple moving average is $154.18. AptarGroup, Inc. has a 12-month low of $130.85 and a 12-month high of $178.03.

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

AptarGroup Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Thursday, May 1st were given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend was Thursday, May 1st. AptarGroup's dividend payout ratio (DPR) is currently 32.85%.

Insider Buying and Selling

In other AptarGroup news, insider Shiela Vinczeller sold 995 shares of the firm's stock in a transaction dated Wednesday, May 7th. The stock was sold at an average price of $152.42, for a total value of $151,657.90. Following the transaction, the insider now directly owns 26,301 shares of the company's stock, valued at $4,008,798.42. This trade represents a 3.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Stephan B. Tanda sold 17,771 shares of the firm's stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $151.24, for a total value of $2,687,686.04. Following the completion of the transaction, the chief executive officer now directly owns 204,986 shares in the company, valued at $31,002,082.64. This trade represents a 7.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 40,709 shares of company stock valued at $6,224,840. 0.68% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ATR. Wells Fargo & Company restated an "overweight" rating and set a $170.00 price objective (up previously from $162.00) on shares of AptarGroup in a report on Tuesday, May 6th. Robert W. Baird decreased their price objective on AptarGroup from $185.00 to $160.00 and set an "outperform" rating on the stock in a report on Monday, February 10th. Raymond James decreased their price objective on AptarGroup from $190.00 to $175.00 and set an "outperform" rating on the stock in a report on Tuesday, April 22nd. Finally, Wall Street Zen upgraded AptarGroup from a "hold" rating to a "buy" rating in a report on Wednesday, May 14th. One research analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price 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.