Allworth Financial LP raised its holdings in AptarGroup, Inc. (NYSE:ATR – Get Rating) by 81.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,545 shares of the industrial products company's stock after purchasing an additional 2,496 shares during the period. Allworth Financial LP's holdings in AptarGroup were worth $572,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Meeder Asset Management Inc. bought a new stake in AptarGroup in the 1st quarter valued at about $42,000. Quadrant Capital Group LLC lifted its holdings in shares of AptarGroup by 129.7% during the 1st quarter. Quadrant Capital Group LLC now owns 395 shares of the industrial products company's stock worth $47,000 after acquiring an additional 223 shares during the period. Alpha Paradigm Partners LLC bought a new stake in shares of AptarGroup during the 4th quarter worth approximately $57,000. JJJ Advisors Inc. lifted its holdings in shares of AptarGroup by 63.5% during the 1st quarter. JJJ Advisors Inc. now owns 515 shares of the industrial products company's stock worth $61,000 after acquiring an additional 200 shares during the period. Finally, Prospera Financial Services Inc bought a new stake in shares of AptarGroup during the 1st quarter worth approximately $82,000. Institutional investors own 89.08% of the company's stock.

AptarGroup Price Performance

ATR stock opened at $98.08 on Friday. The company has a 50 day simple moving average of $105.28 and a 200 day simple moving average of $108.09. The stock has a market cap of $6.41 billion, a price-to-earnings ratio of 28.59, a P/E/G ratio of 3.70 and a beta of 0.63. AptarGroup, Inc. has a 1 year low of $94.03 and a 1 year high of $135.81. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.90 and a quick ratio of 1.32.

AptarGroup Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 17th. Shareholders of record on Wednesday, July 27th were given a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 1.55%. The ex-dividend date of this dividend was Tuesday, July 26th. AptarGroup's dividend payout ratio (DPR) is currently 44.31%.

Insider Buying and Selling at AptarGroup

In other AptarGroup news, CFO Robert Kuhn sold 50,000 shares of the company's stock in a transaction that occurred on Friday, August 12th. The shares were sold at an average price of $110.63, for a total value of $5,531,500.00. Following the completion of the transaction, the chief financial officer now directly owns 68,604 shares in the company, valued at approximately $7,589,660.52. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, insider Hedi Tlili sold 5,000 shares of the company's stock in a transaction on Monday, August 15th. The shares were sold at an average price of $112.08, for a total value of $560,400.00. Following the sale, the insider now directly owns 10,396 shares of the company's stock, valued at approximately $1,165,183.68. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Robert Kuhn sold 50,000 shares of the company's stock in a transaction on Friday, August 12th. The shares were sold at an average price of $110.63, for a total transaction of $5,531,500.00. Following the completion of the sale, the chief financial officer now directly owns 68,604 shares in the company, valued at $7,589,660.52. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company's stock.

Analyst Ratings Changes

ATR has been the subject of a number of recent analyst reports. TheStreet downgraded shares of AptarGroup from a "b-" rating to a "c+" rating in a report on Thursday, June 16th. StockNews.com raised shares of AptarGroup from a "hold" rating to a "buy" rating in a report on Thursday, September 8th. Morgan Stanley cut their price target on shares of AptarGroup from $126.00 to $120.00 and set an "equal weight" rating for the company in a report on Tuesday, August 2nd. Wells Fargo & Company lowered their price objective on shares of AptarGroup from $150.00 to $125.00 and set an "overweight" rating for the company in a research report on Monday, July 18th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of AptarGroup from $145.00 to $125.00 in a research report on Tuesday, July 19th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $120.00.

AptarGroup Profile

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AptarGroup, Inc provides a range of dispensing, sealing, and material science solutions primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates through three segments: Pharma, Beauty + Home, and Food + Beverage.

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