Green Square Capital LLC Increases Stake in AptarGroup, Inc. (ATR)

Green Square Capital LLC grew its position in shares of AptarGroup, Inc. (NYSE:ATR) by 143.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,266 shares of the industrial products company’s stock after buying an additional 4,875 shares during the quarter. Green Square Capital LLC’s holdings in AptarGroup were worth $713,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently modified their holdings of ATR. APG Asset Management N.V. raised its stake in shares of AptarGroup by 490.9% in the 4th quarter. APG Asset Management N.V. now owns 161,900 shares of the industrial products company’s stock valued at $11,633,000 after acquiring an additional 134,500 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of AptarGroup by 146.7% in the 4th quarter. Renaissance Technologies LLC now owns 218,100 shares of the industrial products company’s stock valued at $18,818,000 after acquiring an additional 129,700 shares in the last quarter. Champlain Investment Partners LLC raised its stake in shares of AptarGroup by 8.1% in the 4th quarter. Champlain Investment Partners LLC now owns 1,727,600 shares of the industrial products company’s stock valued at $149,057,000 after acquiring an additional 129,205 shares in the last quarter. Nuance Investments LLC raised its stake in shares of AptarGroup by 156.5% in the 4th quarter. Nuance Investments LLC now owns 209,324 shares of the industrial products company’s stock valued at $18,060,000 after acquiring an additional 127,728 shares in the last quarter. Finally, BlackRock Inc. raised its stake in shares of AptarGroup by 2.0% in the 4th quarter. BlackRock Inc. now owns 5,171,904 shares of the industrial products company’s stock valued at $446,231,000 after acquiring an additional 101,984 shares in the last quarter. 92.24% of the stock is currently owned by institutional investors and hedge funds.

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ATR stock opened at $86.77 on Friday. The company has a quick ratio of 2.53, a current ratio of 3.16 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $5,463.34, a P/E ratio of 25.72, a price-to-earnings-growth ratio of 2.74 and a beta of 0.82. AptarGroup, Inc. has a 1 year low of $75.49 and a 1 year high of $92.32.

AptarGroup (NYSE:ATR) last issued its quarterly earnings results on Monday, February 12th. The industrial products company reported $0.81 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.71 by $0.10. The company had revenue of $625.90 million for the quarter, compared to the consensus estimate of $577.17 million. AptarGroup had a return on equity of 16.97% and a net margin of 8.91%. The company’s revenue for the quarter was up 16.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.69 EPS. equities analysts anticipate that AptarGroup, Inc. will post 3.78 earnings per share for the current year.

A number of brokerages recently weighed in on ATR. Zacks Investment Research raised AptarGroup from a “hold” rating to a “buy” rating and set a $98.00 price objective on the stock in a research note on Wednesday, January 31st. Robert W. Baird reissued a “hold” rating and issued a $92.00 price objective on shares of AptarGroup in a research note on Wednesday, February 14th. Finally, Wells Fargo reissued a “market perform” rating and issued a $90.00 price objective (up from $83.00) on shares of AptarGroup in a research note on Wednesday, February 14th. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. AptarGroup presently has a consensus rating of “Hold” and a consensus target price of $85.38.

In other news, insider Eldon W. Schaffer II sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $90.17, for a total transaction of $1,803,400.00. Following the sale, the insider now directly owns 52,857 shares in the company, valued at $4,766,115.69. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Stephen J. Hagge sold 5,612 shares of the business’s stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of $88.65, for a total value of $497,503.80. Following the sale, the director now owns 84,001 shares in the company, valued at $7,446,688.65. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 186,090 shares of company stock worth $16,807,725. Company insiders own 5.30% of the company’s stock.

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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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