Coldstream Capital Management Inc. Purchases 282 Shares of AptarGroup, Inc. (NYSE:ATR)

Coldstream Capital Management Inc. grew its position in AptarGroup, Inc. (NYSE:ATR) by 7.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,879 shares of the industrial products company’s stock after acquiring an additional 282 shares during the quarter. Coldstream Capital Management Inc.’s holdings in AptarGroup were worth $480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of ATR. Principal Financial Group Inc. increased its position in AptarGroup by 12.5% in the third quarter. Principal Financial Group Inc. now owns 276,851 shares of the industrial products company’s stock worth $34,617,000 after purchasing an additional 30,831 shares during the last quarter. California Public Employees Retirement System increased its holdings in shares of AptarGroup by 1.1% in the 3rd quarter. California Public Employees Retirement System now owns 129,452 shares of the industrial products company’s stock worth $16,187,000 after buying an additional 1,391 shares during the last quarter. Picton Mahoney Asset Management raised its position in shares of AptarGroup by 9.0% during the 3rd quarter. Picton Mahoney Asset Management now owns 1,210 shares of the industrial products company’s stock valued at $152,000 after buying an additional 100 shares in the last quarter. Arizona State Retirement System lifted its holdings in shares of AptarGroup by 1.6% in the 3rd quarter. Arizona State Retirement System now owns 18,656 shares of the industrial products company’s stock valued at $2,333,000 after acquiring an additional 291 shares during the last quarter. Finally, Jump Financial LLC grew its position in AptarGroup by 433.1% in the third quarter. Jump Financial LLC now owns 48,700 shares of the industrial products company’s stock worth $6,089,000 after acquiring an additional 39,565 shares in the last quarter. 88.52% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Stephan B. Tanda sold 32,000 shares of the firm’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $141.67, for a total value of $4,533,440.00. Following the transaction, the chief executive officer now owns 159,024 shares of the company’s stock, valued at approximately $22,528,930.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, CEO Stephan B. Tanda sold 32,000 shares of the stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $141.67, for a total value of $4,533,440.00. Following the transaction, the chief executive officer now owns 159,024 shares of the company’s stock, valued at $22,528,930.08. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Monnas Giovanna Kampouri sold 2,000 shares of AptarGroup stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $142.45, for a total value of $284,900.00. Following the sale, the director now directly owns 9,648 shares of the company’s stock, valued at $1,374,357.60. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 45,334 shares of company stock valued at $6,467,171. 1.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

ATR has been the topic of several analyst reports. William Blair raised AptarGroup from a “market perform” rating to an “outperform” rating in a research note on Monday, April 29th. Wells Fargo & Company boosted their target price on AptarGroup from $160.00 to $163.00 and gave the company an “overweight” rating in a research report on Monday, April 29th. Finally, Robert W. Baird raised their price target on AptarGroup from $150.00 to $170.00 and gave the stock an “outperform” rating in a research report on Monday, April 29th.

AptarGroup Stock Performance

AptarGroup stock opened at $147.74 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.30 and a quick ratio of 0.89. The firm has a market capitalization of $9.79 billion, a P/E ratio of 31.70, a price-to-earnings-growth ratio of 3.17 and a beta of 0.57. AptarGroup, Inc. has a 1-year low of $111.63 and a 1-year high of $151.73. The company’s 50-day moving average is $143.40 and its 200 day moving average is $135.18.

AptarGroup (NYSE:ATR) last issued its quarterly earnings results on Thursday, April 25th. The industrial products company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.13. AptarGroup had a return on equity of 15.06% and a net margin of 8.83%. The firm had revenue of $915.45 million for the quarter, compared to the consensus estimate of $897.40 million. Research analysts forecast that AptarGroup, Inc. will post 5.36 EPS for the current year.

AptarGroup Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 16th. Stockholders of record on Thursday, April 25th were given a dividend of $0.41 per share. The ex-dividend date of this dividend was Wednesday, April 24th. This represents a $1.64 annualized dividend and a dividend yield of 1.11%. AptarGroup’s dividend payout ratio (DPR) is 35.19%.

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.