Global Retirement Partners LLC Has $175,000 Stock Holdings in AptarGroup, Inc. (NYSE:ATR)

Global Retirement Partners LLC decreased its position in AptarGroup, Inc. (NYSE:ATR) by 77.9% during the 4th quarter, HoldingsChannel reports. The fund owned 1,114 shares of the industrial products company’s stock after selling 3,937 shares during the quarter. Global Retirement Partners LLC’s holdings in AptarGroup were worth $175,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Capital Performance Advisors LLP bought a new stake in shares of AptarGroup during the 3rd quarter worth approximately $25,000. Stonebridge Financial Group LLC bought a new stake in shares of AptarGroup during the 4th quarter worth approximately $42,000. Huntington National Bank raised its stake in shares of AptarGroup by 312.0% during the 3rd quarter. Huntington National Bank now owns 342 shares of the industrial products company’s stock worth $55,000 after purchasing an additional 259 shares in the last quarter. Park Place Capital Corp bought a new stake in shares of AptarGroup during the 4th quarter worth approximately $67,000. Finally, Principal Securities Inc. raised its stake in shares of AptarGroup by 328.4% during the 4th quarter. Principal Securities Inc. now owns 437 shares of the industrial products company’s stock worth $69,000 after purchasing an additional 335 shares in the last quarter. Institutional investors own 88.52% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. StockNews.com cut AptarGroup from a “buy” rating to a “hold” rating in a research note on Monday, February 10th. Raymond James restated an “outperform” rating and issued a $190.00 price target (down previously from $200.00) on shares of AptarGroup in a research note on Monday, February 10th. Bank of America cut AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 price target on the stock. in a research note on Monday, January 6th. Wells Fargo & Company dropped their price target on AptarGroup from $180.00 to $170.00 and set an “overweight” rating on the stock in a research note on Monday, February 10th. Finally, Robert W. Baird dropped their price target on AptarGroup from $185.00 to $160.00 and set an “outperform” rating on the stock in a research note on Monday, February 10th. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $181.60.

AptarGroup Stock Performance

Shares of NYSE ATR opened at $146.73 on Thursday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.38 and a quick ratio of 0.95. The stock’s fifty day moving average price is $153.75 and its two-hundred day moving average price is $159.05. AptarGroup, Inc. has a one year low of $135.96 and a one year high of $178.03. The firm has a market cap of $9.76 billion, a price-to-earnings ratio of 26.49, a P/E/G ratio of 3.89 and a beta of 0.59.

AptarGroup (NYSE:ATR) last issued its quarterly earnings data on Thursday, February 6th. The industrial products company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.24. AptarGroup had a return on equity of 15.56% and a net margin of 10.45%. On average, equities analysts forecast that AptarGroup, Inc. will post 5.57 EPS for the current year.

AptarGroup Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 5th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 1.23%. The ex-dividend date was Wednesday, February 5th. AptarGroup’s dividend payout ratio (DPR) is currently 32.49%.

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.