Teacher Retirement System of Texas increased its position in shares of AptarGroup Inc. (NYSE:ATR) by 13.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,724 shares of the company’s stock after buying an additional 1,056 shares during the period. Teacher Retirement System of Texas’ holdings in AptarGroup were worth $690,000 as of its most recent SEC filing.
A number of other large investors also recently made changes to their positions in ATR. Hermes Investment Management Ltd. boosted its stake in shares of AptarGroup by 14.5% in the second quarter. Hermes Investment Management Ltd. now owns 450,425 shares of the company’s stock worth $35,642,000 after buying an additional 56,939 shares during the period. Ownership Capital B.V. boosted its stake in shares of AptarGroup by 28.0% in the second quarter. Ownership Capital B.V. now owns 381,465 shares of the company’s stock worth $30,185,000 after buying an additional 83,504 shares during the period. Renaissance Technologies LLC boosted its stake in shares of 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. Speece Thorson Capital Group Inc. boosted its stake in shares of AptarGroup by 1.4% in the second quarter. Speece Thorson Capital Group Inc. now owns 159,086 shares of the company’s stock worth $12,588,000 after buying an additional 2,170 shares during the period. Finally, UBS Group AG boosted its stake in shares of AptarGroup by 0.8% in the first quarter. UBS Group AG now owns 34,974 shares of the company’s stock worth $2,742,000 after buying an additional 288 shares during the period. 88.33% of the stock is owned by hedge funds and other institutional investors.
Shares of AptarGroup Inc. (NYSE:ATR) traded up 0.23% during midday trading on Friday, hitting $77.39. 37,636 shares of the stock were exchanged. The company has a market cap of $4.87 billion, a PE ratio of 25.13 and a beta of 0.93. AptarGroup Inc. has a 12-month low of $66.16 and a 12-month high of $81.50. The firm has a 50-day moving average price of $77.82 and a 200-day moving average price of $77.78.
AptarGroup (NYSE:ATR) last released its quarterly earnings results on Thursday, July 28th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.01. AptarGroup had a net margin of 8.54% and a return on equity of 16.67%. The company had revenue of $620 million for the quarter, compared to the consensus estimate of $621.52 million. During the same period in the previous year, the firm earned $0.82 EPS. AptarGroup’s revenue was up 4.3% on a year-over-year basis. On average, equities analysts predict that AptarGroup Inc. will post $3.18 EPS for the current year.
A number of equities research analysts recently weighed in on ATR shares. Robert W. Baird boosted their price target 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. 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 issued a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $76.00.
In other news, CFO Robert Kuhn sold 3,000 shares of AptarGroup 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 transaction, the chief financial officer now owns 15,050 shares of the company’s stock, valued at approximately $1,182,779.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Salim Haffar sold 50,333 shares of AptarGroup stock in a transaction that occurred on Friday, September 2nd. The stock was sold at an average price of $78.74, for a total transaction of $3,963,220.42. Following the completion of the transaction, the insider now directly owns 23,149 shares in the company, valued at approximately $1,822,752.26. The disclosure for this sale can be found here. Company insiders own 5.50% of the company’s stock.
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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