Stifel Financial Corp Has $1.88 Million Stake in AptarGroup, Inc. (NYSE:ATR)

Stifel Financial Corp grew its position in AptarGroup, Inc. (NYSE:ATR - Free Report) by 172.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 11,961 shares of the industrial products company's stock after buying an additional 7,575 shares during the period. Stifel Financial Corp's holdings in AptarGroup were worth $1,880,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Stonebridge Financial Group LLC acquired a new position in AptarGroup in the fourth quarter valued at about $42,000. Park Place Capital Corp acquired a new position in shares of AptarGroup in the 4th quarter valued at approximately $67,000. Principal Securities Inc. increased its stake in AptarGroup by 328.4% during the 4th quarter. Principal Securities Inc. now owns 437 shares of the industrial products company's stock worth $69,000 after purchasing an additional 335 shares in the last quarter. Huntington National Bank lifted its stake in AptarGroup by 35.1% in the fourth quarter. Huntington National Bank now owns 462 shares of the industrial products company's stock valued at $73,000 after buying an additional 120 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in shares of AptarGroup by 310.4% in the fourth quarter. Jones Financial Companies Lllp now owns 591 shares of the industrial products company's stock valued at $93,000 after buying an additional 447 shares during the period. Institutional investors own 88.52% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on ATR shares. Robert W. Baird dropped their price target on AptarGroup from $185.00 to $160.00 and set an "outperform" rating on the stock in a research note on Monday, February 10th. Wells Fargo & Company restated an "overweight" rating and issued a $170.00 target price (up previously from $162.00) on shares of AptarGroup in a research note on Tuesday. StockNews.com raised shares of AptarGroup from a "hold" rating to a "buy" rating in a research note on Monday. Finally, Raymond James cut their price objective on shares of AptarGroup from $190.00 to $175.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 22nd. One analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $178.60.

AptarGroup Stock Down 0.0 %

Shares of NYSE:ATR traded down $0.06 during trading on Friday, hitting $153.30. 231,636 shares of the company were exchanged, compared to its average volume of 303,219. The stock has a market cap of $10.11 billion, a price-to-earnings ratio of 27.67, a P/E/G ratio of 3.89 and a beta of 0.58. The company has a current ratio of 1.38, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28. AptarGroup, Inc. has a fifty-two week low of $130.85 and a fifty-two week high of $178.03. The firm has a fifty day moving average price of $146.70 and a two-hundred day moving average price of $155.88.

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

AptarGroup Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, May 1st will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend is Thursday, May 1st. AptarGroup's dividend payout ratio (DPR) is presently 32.85%.

Insider Buying and Selling at AptarGroup

In other news, insider Shiela Vinczeller sold 995 shares of the firm's stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $152.42, for a total transaction of $151,657.90. Following the completion of the sale, the insider now owns 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 can be accessed through this link. Also, CEO Stephan B. Tanda sold 17,771 shares of the company's stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $151.24, for a total transaction of $2,687,686.04. Following the completion of the transaction, the chief executive officer now owns 204,986 shares in the company, valued at approximately $31,002,082.64. This trade represents a 7.98 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 30,095 shares of company stock worth $4,565,770 over the last 90 days. Company insiders own 0.68% of the company's stock.

AptarGroup 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.