Dynamic Technology Lab Private Ltd Buys Shares of 17,722 AptarGroup, Inc. (NYSE:ATR)

Dynamic Technology Lab Private Ltd purchased a new position in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 17,722 shares of the industrial products company's stock, valued at approximately $2,191,000.

Other large investors also recently modified their holdings of the company. Norges Bank purchased a new stake in AptarGroup in the fourth quarter worth $89,855,000. ING Groep NV purchased a new stake in AptarGroup in the 4th quarter worth about $5,687,000. Trillium Asset Management LLC raised its stake in AptarGroup by 11.4% in the 4th quarter. Trillium Asset Management LLC now owns 42,832 shares of the industrial products company's stock valued at $5,295,000 after acquiring an additional 4,376 shares during the period. Inceptionr LLC lifted its holdings in AptarGroup by 52.0% during the fourth quarter. Inceptionr LLC now owns 7,195 shares of the industrial products company's stock valued at $889,000 after purchasing an additional 2,463 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its position in AptarGroup by 7.0% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 5,017 shares of the industrial products company's stock worth $620,000 after purchasing an additional 329 shares during the period. Hedge funds and other institutional investors own 88.52% of the company's stock.

Insider Transactions at AptarGroup

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 value of $284,900.00. Following the completion of the sale, the director now owns 9,648 shares of the company's stock, valued at approximately $1,374,357.60. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, Director Monnas Giovanna Kampouri sold 2,000 shares of the company's stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $142.45, for a total transaction of $284,900.00. Following the completion of the sale, the director now directly owns 9,648 shares in the company, valued at approximately $1,374,357.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Stephan B. Tanda sold 32,000 shares of the firm's stock in a transaction on Monday, March 4th. The stock was sold at an average price of $141.67, for a total transaction of $4,533,440.00. Following the completion of the sale, the chief executive officer now directly owns 159,024 shares in the company, valued at approximately $22,528,930.08. The disclosure for this sale can be found here. In the last ninety days, insiders sold 45,334 shares of company stock worth $6,467,171. 1.00% of the stock is currently owned by insiders.

AptarGroup Price Performance

Shares of ATR traded up $0.13 during mid-day trading on Friday, reaching $147.67. 169,494 shares of the stock traded hands, compared to its average volume of 356,534. The company has a market cap of $9.78 billion, a price-to-earnings ratio of 31.69, a price-to-earnings-growth ratio of 3.93 and a beta of 0.57. AptarGroup, Inc. has a 1 year low of $111.63 and a 1 year high of $151.73. The firm has a fifty day moving average price of $142.88 and a 200 day moving average price of $134.58. The company has a current ratio of 1.30, a quick ratio of 0.89 and a debt-to-equity ratio of 0.29.

AptarGroup (NYSE:ATR - Get Free Report) last announced its earnings results on Thursday, April 25th. The industrial products company reported $1.26 earnings per share for the quarter, beating analysts' consensus estimates of $1.13 by $0.13. AptarGroup had a net margin of 8.83% and a return on equity of 15.06%. The business had revenue of $915.45 million for the quarter, compared to the consensus estimate of $897.40 million. As a group, equities research analysts predict that AptarGroup, Inc. will post 5.36 earnings per share for the current year.

AptarGroup Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 16th. Shareholders of record on Thursday, April 25th were paid a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 1.11%. The ex-dividend date was Wednesday, April 24th. AptarGroup's dividend payout ratio is currently 35.19%.

Analysts Set New Price Targets

ATR has been the topic of a number of recent research reports. Robert W. Baird upped their price target on shares of AptarGroup from $150.00 to $170.00 and gave the company an "outperform" rating in a research note on Monday, April 29th. Wells Fargo & Company raised their price target on AptarGroup from $160.00 to $163.00 and gave the stock an "overweight" rating in a report on Monday, April 29th. Finally, William Blair upgraded AptarGroup from a "market perform" rating to an "outperform" rating in a research note on Monday, April 29th.

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.

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