Delaney Dennis R grew its stake in AptarGroup, Inc. (NYSE:ATR) by 30.4% during the fourth quarter, HoldingsChannel reports. The firm owned 32,113 shares of the industrial products company’s stock after purchasing an additional 7,479 shares during the period. AptarGroup makes up approximately 3.7% of Delaney Dennis R’s portfolio, making the stock its 9th largest position. Delaney Dennis R’s holdings in AptarGroup were worth $2,772,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of ATR. Lord Abbett & CO. LLC lifted its holdings in shares of AptarGroup by 294.7% in the second quarter. Lord Abbett & CO. LLC now owns 1,013,917 shares of the industrial products company’s stock valued at $88,069,000 after purchasing an additional 757,017 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in shares of AptarGroup by 222.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 427,811 shares of the industrial products company’s stock valued at $36,927,000 after purchasing an additional 295,110 shares in the last quarter. FMR LLC lifted its holdings in shares of AptarGroup by 90.6% in the second quarter. FMR LLC now owns 481,139 shares of the industrial products company’s stock valued at $41,792,000 after purchasing an additional 228,698 shares in the last quarter. APG Asset Management N.V. lifted its holdings in shares of AptarGroup by 490.9% in the fourth quarter. APG Asset Management N.V. now owns 161,900 shares of the industrial products company’s stock valued at $11,633,000 after purchasing an additional 134,500 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of AptarGroup by 47.7% in the second quarter. Goldman Sachs Group Inc. now owns 328,824 shares of the industrial products company’s stock valued at $28,561,000 after purchasing an additional 106,142 shares in the last quarter. Institutional investors own 91.40% of the company’s stock.

A number of research firms have recently weighed in on ATR. Robert W. Baird restated a “hold” rating and issued a $85.00 target price on shares of AptarGroup in a report on Thursday, October 12th. KeyCorp reiterated a “hold” rating on shares of AptarGroup in a report on Friday, October 27th. Finally, Zacks Investment Research lowered AptarGroup from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $84.29.

In related news, Director Maritza Gomez Montiel sold 3,780 shares of AptarGroup stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $85.84, for a total transaction of $324,475.20. Following the sale, the director now directly owns 3,336 shares in the company, valued at $286,362.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Robert Kuhn sold 5,000 shares of AptarGroup stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $87.43, for a total value of $437,150.00. The disclosure for this sale can be found here. Insiders have sold 59,780 shares of company stock worth $5,177,405 over the last quarter. 5.30% of the stock is currently owned by corporate insiders.

Shares of AptarGroup, Inc. (ATR) opened at $85.80 on Monday. The company has a market capitalization of $5,344.81, a price-to-earnings ratio of 26.00, a P/E/G ratio of 2.81 and a beta of 0.88. AptarGroup, Inc. has a fifty-two week low of $72.44 and a fifty-two week high of $90.79. The company has a current ratio of 2.75, a quick ratio of 2.29 and a debt-to-equity ratio of 0.96.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 21st. Investors of record on Wednesday, January 31st will be issued a dividend of $0.32 per share. The ex-dividend date is Tuesday, January 30th. This represents a $1.28 dividend on an annualized basis and a yield of 1.49%. AptarGroup’s dividend payout ratio (DPR) is currently 37.43%.

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AptarGroup 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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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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