Securian Asset Management Inc. Has $790,000 Holdings in AptarGroup, Inc. (NYSE:ATR)

Securian Asset Management Inc. trimmed its stake in shares of AptarGroup, Inc. (NYSE:ATR) by 2.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,030 shares of the industrial products company’s stock after selling 132 shares during the period. Securian Asset Management Inc.’s holdings in AptarGroup were worth $790,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. State Street Corp lifted its position in shares of AptarGroup by 0.5% during the third quarter. State Street Corp now owns 2,889,811 shares of the industrial products company’s stock worth $462,919,000 after purchasing an additional 14,001 shares in the last quarter. FMR LLC lifted its position in shares of AptarGroup by 13.0% during the third quarter. FMR LLC now owns 1,864,198 shares of the industrial products company’s stock worth $298,626,000 after purchasing an additional 214,097 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of AptarGroup by 5.8% during the third quarter. Geode Capital Management LLC now owns 1,515,288 shares of the industrial products company’s stock worth $245,444,000 after purchasing an additional 83,452 shares in the last quarter. Mawer Investment Management Ltd. lifted its position in shares of AptarGroup by 7.7% during the third quarter. Mawer Investment Management Ltd. now owns 1,158,102 shares of the industrial products company’s stock worth $185,516,000 after purchasing an additional 82,934 shares in the last quarter. Finally, Congress Asset Management Co. lifted its position in shares of AptarGroup by 4.1% during the fourth quarter. Congress Asset Management Co. now owns 703,308 shares of the industrial products company’s stock worth $110,490,000 after purchasing an additional 27,614 shares in the last quarter. 88.52% of the stock is currently owned by institutional investors and hedge funds.

AptarGroup Stock Up 1.4 %

Shares of NYSE:ATR opened at $146.81 on Friday. AptarGroup, Inc. has a 52 week low of $135.96 and a 52 week high of $178.03. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.95 and a current ratio of 1.38. The company has a market capitalization of $9.76 billion, a PE ratio of 26.50, a PEG ratio of 3.89 and a beta of 0.56. The company has a 50 day moving average price of $151.14 and a two-hundred day moving average price of $158.98.

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

AptarGroup Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 5th were given 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 is 32.49%.

Analyst Ratings Changes

ATR has been the topic of a number of research reports. StockNews.com lowered shares of AptarGroup from a “buy” rating to a “hold” rating in a research report on Monday, February 10th. Bank of America downgraded shares of AptarGroup from a “buy” rating to a “neutral” rating and set a $173.00 price target for the company. in a research note on Monday, January 6th. Robert W. Baird dropped their price target on shares of AptarGroup from $185.00 to $160.00 and set an “outperform” rating for the company in a research note on Monday, February 10th. Wells Fargo & Company dropped their price target on shares of AptarGroup from $180.00 to $170.00 and set an “overweight” rating for the company in a research note on Monday, February 10th. Finally, Raymond James reissued an “outperform” rating and set a $190.00 price target (down from $200.00) on shares of AptarGroup in a research note on Monday, February 10th. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $181.60.

About AptarGroup

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.