DekaBank Deutsche Girozentrale Acquires 11,721 Shares of AptarGroup, Inc. (NYSE:ATR)

DekaBank Deutsche Girozentrale raised its stake in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 272.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,024 shares of the industrial products company's stock after acquiring an additional 11,721 shares during the period. DekaBank Deutsche Girozentrale's holdings in AptarGroup were worth $1,991,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of ATR. Boit C F David bought a new stake in shares of AptarGroup during the 4th quarter worth $376,000. Boston Trust Walden Corp raised its stake in shares of AptarGroup by 1.5% during the 4th quarter. Boston Trust Walden Corp now owns 1,438,442 shares of the industrial products company's stock worth $177,820,000 after purchasing an additional 21,545 shares during the period. Ballentine Partners LLC raised its stake in shares of AptarGroup by 4.1% during the 4th quarter. Ballentine Partners LLC now owns 2,846 shares of the industrial products company's stock worth $352,000 after purchasing an additional 111 shares during the period. State of Michigan Retirement System raised its stake in shares of AptarGroup by 0.6% during the 4th quarter. State of Michigan Retirement System now owns 15,810 shares of the industrial products company's stock worth $1,954,000 after purchasing an additional 100 shares during the period. Finally, Oak Thistle LLC raised its stake in shares of AptarGroup by 95.6% during the 4th quarter. Oak Thistle LLC now owns 12,606 shares of the industrial products company's stock worth $1,558,000 after purchasing an additional 6,161 shares during the period. 88.52% of the stock is currently owned by institutional investors.

Insider Buying and Selling at AptarGroup

In other AptarGroup news, insider Gael Touya sold 3,500 shares of AptarGroup stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $142.84, for a total transaction of $499,940.00. Following the completion of the transaction, the insider now owns 33,426 shares of the company's stock, valued at approximately $4,774,569.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Monnas Giovanna Kampouri sold 2,000 shares of the business's stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $142.45, for a total transaction of $284,900.00. Following the completion of the transaction, the director now owns 9,648 shares of the company's stock, valued at $1,374,357.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Gael Touya sold 3,500 shares of the business's stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $142.84, for a total value of $499,940.00. Following the transaction, the insider now directly owns 33,426 shares of the company's stock, valued at approximately $4,774,569.84. The disclosure for this sale can be found here. Insiders sold 37,500 shares of company stock valued at $5,318,280 in the last quarter. 1.00% of the stock is currently owned by corporate insiders.

AptarGroup Stock Performance

AptarGroup stock traded down $1.93 during midday trading on Friday, reaching $137.20. The stock had a trading volume of 299,234 shares, compared to its average volume of 268,967. AptarGroup, Inc. has a 12 month low of $111.63 and a 12 month high of $145.35. The firm's 50-day moving average price is $139.98 and its 200 day moving average price is $131.10. The firm has a market capitalization of $9.08 billion, a PE ratio of 32.28, a P/E/G ratio of 3.76 and a beta of 0.59. The company has a quick ratio of 0.83, a current ratio of 1.24 and a debt-to-equity ratio of 0.29.

AptarGroup (NYSE:ATR - Get Free Report) last announced its quarterly earnings data on Friday, February 9th. The industrial products company reported $1.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.12 by $0.09. The business had revenue of $838.48 million for the quarter, compared to analysts' expectations of $842.50 million. AptarGroup had a return on equity of 14.46% and a net margin of 8.16%. The firm's quarterly revenue was up 5.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.92 EPS. As a group, research analysts predict that AptarGroup, Inc. will post 5.22 earnings per share for the current fiscal year.

AptarGroup Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 16th. Shareholders of record on Thursday, April 25th will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend is Wednesday, April 24th. AptarGroup's payout ratio is presently 38.59%.

Analyst Upgrades and Downgrades

ATR has been the topic of a number of recent analyst reports. Wells Fargo & Company lifted their target price on AptarGroup from $157.00 to $160.00 and gave the stock an "overweight" rating in a research note on Thursday, March 7th. Robert W. Baird upgraded AptarGroup from a "neutral" rating to an "outperform" rating and boosted their price objective for the company from $125.00 to $150.00 in a research note on Wednesday, January 3rd.

AptarGroup Company 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.