Virtu Financial LLC Takes Position in AptarGroup, Inc. (NYSE:ATR)

Virtu Financial LLC bought a new position in shares of AptarGroup, Inc. (NYSE:ATR) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 2,966 shares of the industrial products company’s stock, valued at approximately $367,000.

A number of other large investors also recently modified their holdings of ATR. C M Bidwell & Associates Ltd. raised its holdings in AptarGroup by 1,063.3% during the third quarter. C M Bidwell & Associates Ltd. now owns 349 shares of the industrial products company’s stock worth $44,000 after buying an additional 319 shares during the last quarter. GAMMA Investing LLC acquired a new stake in shares of AptarGroup in the 4th quarter worth about $61,000. Signaturefd LLC lifted its position in AptarGroup by 41.8% in the 4th quarter. Signaturefd LLC now owns 699 shares of the industrial products company’s stock valued at $86,000 after acquiring an additional 206 shares in the last quarter. USA Financial Formulas acquired a new position in AptarGroup during the 3rd quarter valued at about $104,000. Finally, KBC Group NV bought a new stake in AptarGroup during the 4th quarter worth approximately $150,000. 88.52% of the stock is currently owned by institutional investors.

Insider Activity at AptarGroup

In related news, EVP Kimberly Chainey sold 825 shares of the company’s stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $146.77, for a total value of $121,085.25. Following the transaction, the executive vice president now owns 8,812 shares in the company, valued at $1,293,337.24. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other AptarGroup news, EVP Kimberly Chainey sold 825 shares of the business’s stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $146.77, for a total value of $121,085.25. Following the sale, the executive vice president now directly owns 8,812 shares in the company, valued at $1,293,337.24. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Marc Prieur sold 3,200 shares of the company’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $148.92, for a total value of $476,544.00. Following the transaction, the insider now directly owns 16,616 shares in the company, valued at approximately $2,474,454.72. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 8,659 shares of company stock worth $1,269,976. 1.00% of the stock is owned by company insiders.

AptarGroup Price Performance

AptarGroup stock opened at $146.69 on Thursday. AptarGroup, Inc. has a 52 week low of $111.63 and a 52 week high of $151.73. The company’s 50 day moving average price is $145.32 and its two-hundred day moving average price is $137.88. The stock has a market cap of $9.72 billion, a P/E ratio of 31.48, a P/E/G ratio of 3.12 and a beta of 0.60. The company has a quick ratio of 0.89, a current ratio of 1.30 and a debt-to-equity ratio of 0.29.

AptarGroup (NYSE:ATR) last issued its quarterly earnings results on Thursday, April 25th. The industrial products company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.13. AptarGroup had a return on equity of 15.06% and a net margin of 8.83%. The company had revenue of $915.45 million during the quarter, compared to the consensus estimate of $897.40 million. On average, equities analysts predict that AptarGroup, Inc. will post 5.36 earnings per share for the current year.

AptarGroup Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 16th. Investors of record on Thursday, April 25th were issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date was Wednesday, April 24th. AptarGroup’s dividend payout ratio (DPR) is currently 35.19%.

Analyst Ratings Changes

ATR has been the topic of a number of recent research reports. William Blair upgraded AptarGroup from a “market perform” rating to an “outperform” rating in a report on Monday, April 29th. Robert W. Baird raised their price objective on AptarGroup from $150.00 to $170.00 and gave the company an “outperform” rating in a research note on Monday, April 29th. Finally, Wells Fargo & Company lifted their price objective on shares of AptarGroup from $160.00 to $163.00 and gave the stock an “overweight” rating in a report on Monday, April 29th.

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.