AptarGroup, Inc. (NYSE:ATR) insider Ursula Saint-Leger sold 66,493 shares of AptarGroup stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $90.53, for a total transaction of $6,019,611.29. Following the completion of the sale, the insider now owns 42,690 shares in the company, valued at $3,864,725.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of AptarGroup, Inc. (ATR) traded up $0.21 on Thursday, reaching $90.28. 239,638 shares of the company were exchanged, compared to its average volume of 301,936. The firm has a market capitalization of $5,610.00, a P/E ratio of 23.77, a price-to-earnings-growth ratio of 2.81 and a beta of 0.82. AptarGroup, Inc. has a fifty-two week low of $75.49 and a fifty-two week high of $92.32. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.53 and a current ratio of 3.16.
AptarGroup (NYSE:ATR) last released its quarterly earnings data on Monday, February 12th. The industrial products company reported $0.81 EPS for the quarter, topping the Zacks’ consensus estimate of $0.71 by $0.10. AptarGroup had a net margin of 8.91% and a return on equity of 16.97%. The firm had revenue of $625.90 million during the quarter, compared to analysts’ expectations of $577.17 million. During the same period in the previous year, the business posted $0.69 earnings per share. The company’s revenue for the quarter was up 16.1% compared to the same quarter last year. analysts predict that AptarGroup, Inc. will post 3.78 earnings per share for the current year.
ATR has been the topic of a number of recent research reports. Zacks Investment Research downgraded shares of AptarGroup from a “buy” rating to a “hold” rating in a report on Monday, February 5th. Wells Fargo & Co reiterated a “market perform” rating and issued a $90.00 price objective (up from $83.00) on shares of AptarGroup in a report on Wednesday, February 14th. Finally, Robert W. Baird reiterated a “hold” rating and issued a $92.00 price objective on shares of AptarGroup in a report on Wednesday, February 14th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $85.38.
A number of hedge funds have recently added to or reduced their stakes in ATR. Candriam Luxembourg S.C.A. bought a new position in AptarGroup during the third quarter worth $432,000. New York State Common Retirement Fund boosted its position in shares of AptarGroup by 12.8% in the third quarter. New York State Common Retirement Fund now owns 280,987 shares of the industrial products company’s stock valued at $24,252,000 after acquiring an additional 31,800 shares during the period. Advisor Group Inc. boosted its position in shares of AptarGroup by 618.8% in the third quarter. Advisor Group Inc. now owns 7,828 shares of the industrial products company’s stock valued at $675,000 after acquiring an additional 6,739 shares during the period. Rhumbline Advisers boosted its position in shares of AptarGroup by 6.3% in the third quarter. Rhumbline Advisers now owns 165,333 shares of the industrial products company’s stock valued at $14,270,000 after acquiring an additional 9,810 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in shares of AptarGroup by 1.1% in the third quarter. Bank of New York Mellon Corp now owns 790,477 shares of the industrial products company’s stock valued at $68,225,000 after acquiring an additional 8,515 shares during the period. 92.25% of the stock is owned by hedge funds and other institutional investors.
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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