Trading Report: Today, 30,000 Shares of AptarGroup Inc. (ATR) Stock are sold by Peter Pfeiffer

Today, 30,000 Shares of AptarGroup Inc. (ATR) Stock are sold by Peter Pfeiffer

AptarGroup Inc. (NYSE:ATR) Director Peter Pfeiffer sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $75.24, for a total transaction of $2,257,200.00. Following the completion of the transaction, the director now owns 896,102 shares in the company, valued at approximately $67,422,714.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

AptarGroup Inc. (NYSE:ATR) opened at 76.05 on Friday. AptarGroup Inc. has a 52 week low of $66.33 and a 52 week high of $81.50. The stock’s 50 day moving average is $74.60 and its 200 day moving average is $76.91. The stock has a market cap of $4.77 billion, a PE ratio of 24.68 and a beta of 0.94.

AptarGroup (NYSE:ATR) last posted its quarterly earnings data on Thursday, October 27th. The company reported $0.82 EPS for the quarter, missing the consensus estimate of $0.83 by $0.01. The firm had revenue of $590 million for the quarter, compared to the consensus estimate of $608.32 million. AptarGroup had a return on equity of 16.23% and a net margin of 8.53%. The company’s revenue was up .6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.83 EPS. Analysts predict that AptarGroup Inc. will post $3.11 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 23rd. Investors of record on Wednesday, November 2nd were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend was Monday, October 31st. This is a positive change from AptarGroup’s previous quarterly dividend of $0.30. AptarGroup’s payout ratio is 41.56%.

A number of research analysts recently weighed in on ATR shares. Vertical Group upgraded shares of AptarGroup from a “sell” rating to a “hold” rating in a research report on Monday, October 31st. Jefferies Group restated a “hold” rating and set a $83.00 price objective on shares of AptarGroup in a research report on Thursday, October 20th. BMO Capital Markets restated a “hold” rating on shares of AptarGroup in a research report on Friday, September 9th. Vertical Research upgraded shares of AptarGroup from a “sell” rating to a “hold” rating in a research report on Monday, October 31st. Finally, Robert W. Baird increased their price objective on shares of AptarGroup from $80.00 to $84.00 and gave the company a “neutral” rating in a research report on Friday, September 9th. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. AptarGroup currently has a consensus rating of “Hold” and a consensus price target of $83.50.

Several hedge funds and other institutional investors have recently bought and sold shares of ATR. Toronto Dominion Bank purchased a new position in AptarGroup during the third quarter valued at approximately $117,000. Investment Counselors of Maryland LLC raised its position in AptarGroup by 6.6% in the third quarter. Investment Counselors of Maryland LLC now owns 1,952 shares of the company’s stock valued at $151,000 after buying an additional 120 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in AptarGroup by 14.6% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,979 shares of the company’s stock valued at $153,000 after buying an additional 252 shares during the period. Cornerstone Advisors Inc. purchased a new position in AptarGroup during the third quarter valued at approximately $155,000. Finally, Independent Portfolio Consultants Inc. raised its position in AptarGroup by 8.6% in the second quarter. Independent Portfolio Consultants Inc. now owns 2,020 shares of the company’s stock valued at $160,000 after buying an additional 160 shares during the period. Hedge funds and other institutional investors own 89.87% of the company’s stock.

AptarGroup Company Profile

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