135,339 Shares in AptarGroup, Inc. (NYSE:ATR) Acquired by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC acquired a new stake in AptarGroup, Inc. (NYSE:ATR - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 135,339 shares of the industrial products company's stock, valued at approximately $20,082,000. Segall Bryant & Hamill LLC owned 0.21% of AptarGroup as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of ATR. MassMutual Private Wealth & Trust FSB increased its holdings in AptarGroup by 155.0% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 278 shares of the industrial products company's stock valued at $41,000 after purchasing an additional 169 shares during the period. Huntington National Bank boosted its position in AptarGroup by 35.1% during the fourth 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 during the last quarter. Johnson Financial Group Inc. bought a new stake in AptarGroup during the fourth quarter valued at $75,000. UMB Bank n.a. boosted its position in AptarGroup by 116.9% during the first quarter. UMB Bank n.a. now owns 603 shares of the industrial products company's stock valued at $89,000 after acquiring an additional 325 shares during the last quarter. Finally, State of Wyoming bought a new stake in AptarGroup during the fourth quarter valued at $97,000. 88.52% of the stock is currently owned by institutional investors and hedge funds.

AptarGroup Stock Up 0.2%

NYSE ATR traded up $0.37 during trading hours on Friday, hitting $156.40. The company's stock had a trading volume of 243,092 shares, compared to its average volume of 324,233. AptarGroup, Inc. has a 52 week low of $130.85 and a 52 week high of $178.03. The company has a market capitalization of $10.33 billion, a PE ratio of 28.54, a price-to-earnings-growth ratio of 3.11 and a beta of 0.57. The company has a current ratio of 1.25, a quick ratio of 0.85 and a debt-to-equity ratio of 0.22. The company's 50-day simple moving average is $155.53 and its two-hundred day simple moving average is $151.41.

AptarGroup (NYSE:ATR - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The industrial products company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.04. The business had revenue of $887.31 million for the quarter, compared to analysts' expectations of $894.26 million. AptarGroup had a net margin of 10.41% and a return on equity of 15.10%. The firm's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.26 EPS. Research analysts anticipate that AptarGroup, Inc. will post 5.57 EPS for the current fiscal year.

AptarGroup Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 14th. Shareholders of record on Thursday, July 24th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Thursday, July 24th. This represents a $1.80 annualized dividend and a yield of 1.15%. AptarGroup's dividend payout ratio (DPR) is 32.85%.

Insider Transactions at AptarGroup

In other AptarGroup news, insider Shiela Vinczeller sold 995 shares of the stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $152.42, for a total value of $151,657.90. Following the completion of the sale, the insider owned 26,301 shares in the company, valued at approximately $4,008,798.42. This trade represents a 3.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Gael Touya sold 3,300 shares of the firm's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $152.62, for a total transaction of $503,646.00. Following the sale, the insider owned 33,963 shares of the company's stock, valued at approximately $5,183,433.06. The trade was a 8.86% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 45,680 shares of company stock worth $6,983,798. Company insiders own 0.68% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on ATR. Raymond James Financial upped their price target on shares of AptarGroup from $175.00 to $182.00 and gave the company an "outperform" rating in a research report on Tuesday. Wells Fargo & Company increased their price objective on shares of AptarGroup from $170.00 to $173.00 and gave the stock an "overweight" rating in a research report on Friday. Finally, Wall Street Zen raised shares of AptarGroup from a "hold" rating to a "buy" rating in a research report on Wednesday, May 14th. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $180.60.

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.