Coldstream Capital Management Inc. grew its holdings in shares of AptarGroup, Inc. (NYSE:ATR) by 1.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,805 shares of the industrial products company’s stock after purchasing an additional 30 shares during the period. Coldstream Capital Management Inc.’s holdings in AptarGroup were worth $244,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ATR. UBS Asset Management Americas Inc. increased its position in AptarGroup by 17.0% during the 1st quarter. UBS Asset Management Americas Inc. now owns 38,923 shares of the industrial products company’s stock worth $2,997,000 after purchasing an additional 5,663 shares during the period. Oxford Asset Management acquired a new position in AptarGroup during the 1st quarter worth approximately $496,000. Prudential Financial Inc. increased its position in AptarGroup by 9.0% during the 1st quarter. Prudential Financial Inc. now owns 48,244 shares of the industrial products company’s stock worth $3,714,000 after purchasing an additional 3,990 shares during the period. Stifel Financial Corp increased its position in AptarGroup by 35.9% during the 1st quarter. Stifel Financial Corp now owns 14,056 shares of the industrial products company’s stock worth $1,077,000 after purchasing an additional 3,714 shares during the period. Finally, OppenheimerFunds Inc. increased its position in AptarGroup by 12.2% during the 1st quarter. OppenheimerFunds Inc. now owns 7,548 shares of the industrial products company’s stock worth $581,000 after purchasing an additional 818 shares during the period. Institutional investors own 91.56% of the company’s stock.
AptarGroup, Inc. (NYSE:ATR) traded up 0.051% during trading on Wednesday, reaching $88.515. The company’s stock had a trading volume of 11,638 shares. The firm has a 50 day moving average of $85.14 and a 200 day moving average of $83.67. AptarGroup, Inc. has a 52 week low of $70.32 and a 52 week high of $90.79. The stock has a market capitalization of $5.55 billion, a price-to-earnings ratio of 26.034 and a beta of 0.96.
AptarGroup (NYSE:ATR) last announced its quarterly earnings results on Thursday, July 27th. The industrial products company reported $1.01 EPS for the quarter, beating the consensus estimate of $0.96 by $0.05. AptarGroup had a net margin of 9.36% and a return on equity of 16.91%. The company had revenue of $617.75 million for the quarter, compared to analyst estimates of $624.74 million. During the same quarter last year, the business earned $0.91 earnings per share. AptarGroup’s revenue was down .4% compared to the same quarter last year. Analysts expect that AptarGroup, Inc. will post $3.34 EPS for the current year.
Several equities analysts have issued reports on the company. Zacks Investment Research upgraded AptarGroup from a “sell” rating to a “hold” rating in a research report on Monday, October 2nd. KeyCorp reiterated a “hold” rating on shares of AptarGroup in a research report on Friday, September 22nd. Jefferies Group LLC reiterated a “hold” rating and set a $78.00 target price on shares of AptarGroup in a research report on Thursday, August 31st. BidaskClub cut AptarGroup from a “hold” rating to a “sell” rating in a research report on Thursday, August 24th. Finally, Vertical Research upgraded AptarGroup from a “sell” rating to a “hold” rating and boosted their target price for the stock from $70.00 to $77.00 in a research report on Monday, July 31st. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. AptarGroup presently has an average rating of “Hold” and an average target price of $81.40.
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In other AptarGroup news, insider Gael Touya sold 35,000 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $81.25, for a total value of $2,843,750.00. Following the sale, the insider now owns 33,092 shares in the company, valued at $2,688,725. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Monnas Giovanna Kampouri sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $82.13, for a total transaction of $164,260.00. Following the completion of the sale, the director now owns 6,469 shares in the company, valued at approximately $531,298.97. The disclosure for this sale can be found here. 5.30% of the stock is currently owned by company insiders.
AptarGroup Company Profile
AptarGroup, Inc is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, homecare, prescription drug, consumer healthcare, injectables, food and beverage markets. The Company has manufacturing facilities located throughout the world, including North America, Europe, Asia and South America.
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