Ossiam Has $767,000 Stock Position in AptarGroup, Inc. (NYSE:ATR)

Ossiam raised its position in shares of AptarGroup, Inc. (NYSE:ATR - Free Report) by 101.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,880 shares of the industrial products company's stock after purchasing an additional 2,462 shares during the period. Ossiam's holdings in AptarGroup were worth $767,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its stake in shares of AptarGroup by 58.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 14,157 shares of the industrial products company's stock worth $2,268,000 after acquiring an additional 5,248 shares during the period. Inspire Investing LLC lifted its stake in shares of AptarGroup by 282.9% in the 4th quarter. Inspire Investing LLC now owns 6,800 shares of the industrial products company's stock worth $1,068,000 after acquiring an additional 5,024 shares during the period. GAMMA Investing LLC lifted its stake in shares of AptarGroup by 67.6% in the 4th quarter. GAMMA Investing LLC now owns 1,002 shares of the industrial products company's stock worth $157,000 after acquiring an additional 404 shares during the period. Pictet Asset Management Holding SA lifted its stake in shares of AptarGroup by 13.7% in the 4th quarter. Pictet Asset Management Holding SA now owns 9,513 shares of the industrial products company's stock worth $1,494,000 after acquiring an additional 1,146 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in shares of AptarGroup by 1.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 9,418 shares of the industrial products company's stock worth $1,480,000 after acquiring an additional 127 shares during the period. 88.52% of the stock is owned by institutional investors and hedge funds.

AptarGroup Trading Down 1.5 %

Shares of NYSE:ATR traded down $2.29 during mid-day trading on Friday, hitting $149.17. The stock had a trading volume of 220,485 shares, compared to its average volume of 304,440. 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 company has a market cap of $9.84 billion, a PE ratio of 26.93, a P/E/G ratio of 3.89 and a beta of 0.59. AptarGroup, Inc. has a 12-month low of $130.85 and a 12-month high of $178.03. The company's 50 day moving average is $145.94 and its 200-day moving average is $156.73.

AptarGroup (NYSE:ATR - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The industrial products company reported $1.52 EPS 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, sell-side analysts predict that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 1st will be given a $0.45 dividend. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $1.80 annualized dividend and a dividend yield of 1.21%. AptarGroup's dividend payout ratio (DPR) is presently 32.49%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Robert W. Baird reduced their price target on shares of AptarGroup from $185.00 to $160.00 and set an "outperform" rating for the company in a research note on Monday, February 10th. Bank of America lowered shares of AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 price target for the company. in a research note on Monday, January 6th. Raymond James cut their target price on shares of AptarGroup from $190.00 to $175.00 and set an "outperform" rating for the company in a research note on Tuesday, April 22nd. StockNews.com lowered shares of AptarGroup from a "buy" rating to a "hold" rating in a research note on Monday, February 10th. Finally, Wells Fargo & Company cut their target price on shares of AptarGroup from $180.00 to $170.00 and set an "overweight" rating for the company in a research note on Monday, February 10th. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, AptarGroup currently has a consensus rating of "Moderate Buy" and a consensus price target of $178.60.

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.