Sepio Capital LP Trims Stock Position in AptarGroup, Inc. (NYSE:ATR)

Sepio Capital LP trimmed its stake in AptarGroup, Inc. (NYSE:ATR) by 6.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,721 shares of the industrial products company’s stock after selling 631 shares during the period. Sepio Capital LP’s holdings in AptarGroup were worth $1,527,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Howard Capital Management Group LLC lifted its holdings in AptarGroup by 0.4% in the third quarter. Howard Capital Management Group LLC now owns 131,875 shares of the industrial products company’s stock worth $21,125,000 after buying an additional 558 shares during the period. Walleye Capital LLC bought a new position in shares of AptarGroup in the 3rd quarter worth approximately $684,000. Captrust Financial Advisors raised its position in shares of AptarGroup by 2.9% in the 3rd quarter. Captrust Financial Advisors now owns 4,570 shares of the industrial products company’s stock worth $732,000 after acquiring an additional 127 shares in the last quarter. Quantinno Capital Management LP lifted its stake in shares of AptarGroup by 25.5% in the 3rd quarter. Quantinno Capital Management LP now owns 39,344 shares of the industrial products company’s stock valued at $6,303,000 after purchasing an additional 7,997 shares during the period. Finally, Stifel Financial Corp boosted its position in shares of AptarGroup by 4.1% during 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 in the last quarter. Institutional investors own 88.52% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on ATR. Robert W. Baird lowered their price objective on AptarGroup from $185.00 to $160.00 and set an “outperform” rating for the company in a research report on Monday, February 10th. StockNews.com cut shares of AptarGroup from a “buy” rating to a “hold” rating in a research report on Monday, February 10th. Wells Fargo & Company cut their price objective on shares of AptarGroup from $180.00 to $170.00 and set an “overweight” rating on the stock in a report on Monday, February 10th. Raymond James reiterated an “outperform” rating and set a $190.00 target price (down from $200.00) on shares of AptarGroup in a report on Monday, February 10th. Finally, Bank of America cut AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 price target on the stock. in a research report on Monday, January 6th. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $181.60.

AptarGroup Trading Down 5.8 %

NYSE:ATR opened at $140.09 on Friday. AptarGroup, Inc. has a 52 week low of $135.96 and a 52 week high of $178.03. The stock has a market cap of $9.32 billion, a price-to-earnings ratio of 25.29, a PEG ratio of 3.89 and a beta of 0.56. The company’s 50 day moving average price is $148.57 and its 200-day moving average price is $158.49. 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 (NYSE:ATR) last posted its earnings results on Thursday, February 6th. The industrial products company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.24. AptarGroup had a return on equity of 15.56% and a net margin of 10.45%. On average, equities research analysts forecast that AptarGroup, Inc. will post 5.57 earnings per share for the current fiscal year.

AptarGroup Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 5th were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend was Wednesday, February 5th. AptarGroup’s dividend payout ratio is currently 32.49%.

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.