TD Waterhouse Canada Inc. Buys 5,706 Shares of AptarGroup, Inc. (NYSE:ATR)

TD Waterhouse Canada Inc. raised its holdings in AptarGroup, Inc. (NYSE:ATR - Free Report) by 34.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,398 shares of the industrial products company's stock after purchasing an additional 5,706 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in AptarGroup were worth $3,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Howard Capital Management Group LLC raised its stake in AptarGroup by 0.4% in the 3rd quarter. Howard Capital Management Group LLC now owns 131,875 shares of the industrial products company's stock valued at $21,125,000 after acquiring an additional 558 shares during the period. Stifel Financial Corp raised its position in shares of AptarGroup by 4.1% in the third quarter. Stifel Financial Corp now owns 4,386 shares of the industrial products company's stock valued at $703,000 after purchasing an additional 174 shares during the period. MML Investors Services LLC purchased a new stake in shares of AptarGroup during the 3rd quarter valued at approximately $209,000. Wilmington Savings Fund Society FSB bought a new position in AptarGroup in the 3rd quarter worth approximately $126,000. Finally, Tidal Investments LLC grew its stake in AptarGroup by 12.7% in the 3rd quarter. Tidal Investments LLC now owns 18,492 shares of the industrial products company's stock valued at $2,962,000 after buying an additional 2,091 shares in the last quarter. 88.52% of the stock is owned by hedge funds and other institutional investors.

AptarGroup Price Performance

Shares of NYSE ATR traded up $0.48 during trading hours on Monday, reaching $149.54. 38,183 shares of the stock traded hands, compared to its average volume of 366,934. The company has a market capitalization of $9.86 billion, a P/E ratio of 26.99, a price-to-earnings-growth ratio of 3.89 and a beta of 0.59. The company's 50-day simple moving average is $145.94 and its two-hundred day simple moving average is $156.73. The company has a quick ratio of 0.95, a current ratio of 1.38 and a debt-to-equity ratio of 0.28. AptarGroup, Inc. has a 52-week low of $130.85 and a 52-week high of $178.03.

AptarGroup (NYSE:ATR - Get Free Report) last released its 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%. Equities research analysts forecast that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 1st will be paid a $0.45 dividend. The ex-dividend date is Thursday, May 1st. This represents a $1.80 annualized dividend and a dividend yield of 1.20%. AptarGroup's payout ratio is presently 32.49%.

Wall Street Analyst Weigh In

ATR has been the subject of a number of analyst reports. Robert W. Baird cut their price target on AptarGroup from $185.00 to $160.00 and set an "outperform" rating for the company in a report on Monday, February 10th. Bank of America lowered AptarGroup from a "buy" rating to a "neutral" rating and set a $173.00 target price for the company. in a report on Monday, January 6th. StockNews.com downgraded shares of AptarGroup from a "buy" rating to a "hold" rating in a report on Monday, February 10th. Raymond James reduced their price objective 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. Finally, Wells Fargo & Company lowered their target price on shares of AptarGroup from $180.00 to $170.00 and set an "overweight" rating on the stock 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. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $178.60.

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.