Baker Ellis Asset Management LLC maintained its stake in AptarGroup Inc. (NYSE:ATR) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,500 shares of the company’s stock at the end of the second quarter. Baker Ellis Asset Management LLC’s holdings in AptarGroup were worth $119,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently bought and sold shares of the stock. Magnetar Financial LLC bought a new stake in AptarGroup during the first quarter worth about $232,000. Metropolitan Life Insurance Co. NY raised its stake in AptarGroup by 3.5% in the first quarter. Metropolitan Life Insurance Co. NY now owns 57,478 shares of the company’s stock worth $4,507,000 after buying an additional 1,948 shares during the period. Springbok Capital Management LLC bought a new stake in AptarGroup during the first quarter worth about $243,000. Renaissance Technologies LLC raised its stake in AptarGroup by 91.3% in the first quarter. Renaissance Technologies LLC now owns 482,800 shares of the company’s stock worth $37,856,000 after buying an additional 230,400 shares during the period. Finally, Hancock Holding Co. raised its stake in AptarGroup by 2.1% in the first quarter. Hancock Holding Co. now owns 24,758 shares of the company’s stock worth $1,941,000 after buying an additional 509 shares during the period. 88.33% of the stock is owned by institutional investors.
Shares of AptarGroup Inc. (NYSE:ATR) traded down 1.30% during trading on Friday, reaching $75.64. The company’s stock had a trading volume of 279,517 shares. The stock’s 50 day moving average price is $77.95 and its 200 day moving average price is $77.77. The company has a market cap of $4.76 billion, a PE ratio of 24.56 and a beta of 0.87. AptarGroup Inc. has a 52 week low of $66.33 and a 52 week high of $81.50.
AptarGroup (NYSE:ATR) last issued its quarterly earnings data on Thursday, July 28th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.90 by $0.01. AptarGroup had a return on equity of 16.67% and a net margin of 8.54%. The business earned $620 million during the quarter, compared to analyst estimates of $621.52 million. During the same period in the previous year, the firm earned $0.82 EPS. AptarGroup’s quarterly revenue was up 4.3% compared to the same quarter last year. Equities research analysts predict that AptarGroup Inc. will post $3.18 EPS for the current year.
A number of analysts have recently issued reports on the stock. Robert W. Baird increased their price target on shares of AptarGroup from $80.00 to $84.00 and gave the stock a “neutral” rating in a research report on Friday, September 9th. BMO Capital Markets reissued a “hold” rating on shares of AptarGroup in a research report on Friday, September 9th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $76.00.
In related news, Director King W. Harris sold 13,100 shares of the business’s stock in a transaction that occurred on Wednesday, August 3rd. The stock was sold at an average price of $76.62, for a total value of $1,003,722.00. Following the completion of the transaction, the director now directly owns 195,509 shares in the company, valued at approximately $14,979,899.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Robert Kuhn sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, August 26th. The shares were sold at an average price of $78.59, for a total value of $235,770.00. Following the completion of the transaction, the chief financial officer now owns 15,050 shares of the company’s stock, valued at $1,182,779.50. The disclosure for this sale can be found here. 5.50% of the stock is owned by corporate insiders.
AptarGroup Company Profile
AptarGroup, Inc is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, home care, prescription drug, consumer healthcare, injectables, food and beverage markets. The Company has manufacturing facilities located in North America, Europe, Asia and South America.
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