Quantamental Technologies LLC Invests $37,000 in AptarGroup, Inc. (ATR) Stock

Quantamental Technologies LLC bought a new stake in AptarGroup, Inc. (NYSE:ATR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 392 shares of the industrial products company’s stock, valued at approximately $37,000.

A number of other hedge funds have also recently bought and sold shares of the business. Mackenzie Financial Corp purchased a new stake in AptarGroup in the third quarter worth about $1,201,000. Federated Investors Inc. PA increased its position in AptarGroup by 2,451.7% in the third quarter. Federated Investors Inc. PA now owns 610,990 shares of the industrial products company’s stock worth $65,828,000 after buying an additional 587,046 shares in the last quarter. Hsbc Holdings PLC increased its position in AptarGroup by 1.5% in the third quarter. Hsbc Holdings PLC now owns 156,617 shares of the industrial products company’s stock worth $16,873,000 after buying an additional 2,326 shares in the last quarter. Aristotle Capital Boston LLC increased its position in AptarGroup by 13.2% in the third quarter. Aristotle Capital Boston LLC now owns 33,807 shares of the industrial products company’s stock worth $3,642,000 after buying an additional 3,932 shares in the last quarter. Finally, Koshinski Asset Management Inc. purchased a new stake in AptarGroup in the third quarter worth about $1,514,000. 93.38% of the stock is currently owned by institutional investors.

In related news, Director Maritza Gomez Montiel sold 707 shares of the stock in a transaction dated Wednesday, January 9th. The stock was sold at an average price of $93.58, for a total transaction of $66,161.06. Following the completion of the sale, the director now owns 4,033 shares in the company, valued at $377,408.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.40% of the company’s stock.

Several analysts recently issued reports on ATR shares. Zacks Investment Research upgraded AptarGroup from a “sell” rating to a “hold” rating in a research report on Thursday, January 10th. UBS Group set a $106.00 target price on AptarGroup and gave the stock a “hold” rating in a research report on Friday, January 18th. Finally, Vertical Research upgraded AptarGroup from a “sell” rating to a “hold” rating in a research report on Monday, January 7th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. AptarGroup currently has an average rating of “Hold” and an average target price of $105.25.

NYSE:ATR opened at $102.32 on Wednesday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.87 and a quick ratio of 1.34. AptarGroup, Inc. has a 12-month low of $86.30 and a 12-month high of $112.31. The stock has a market cap of $6.37 billion, a P/E ratio of 29.74, a price-to-earnings-growth ratio of 2.74 and a beta of 0.80.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 20th. Investors of record on Wednesday, January 30th will be given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 1.33%. The ex-dividend date is Tuesday, January 29th. AptarGroup’s dividend payout ratio is currently 39.53%.

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AptarGroup Company Profile

AptarGroup, Inc provides a range of packaging, dispensing, and sealing solutions, primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates in three segments: Beauty + Home, Pharma, and Food + Beverage.

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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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