Green Square Capital LLC decreased its stake in shares of AptarGroup, Inc. (NYSE:ATR) by 62.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,084 shares of the industrial products company’s stock after selling 5,066 shares during the period. Green Square Capital LLC’s holdings in AptarGroup were worth $288,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp lifted its position in AptarGroup by 23.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 957,820 shares of the industrial products company’s stock worth $89,442,000 after buying an additional 182,471 shares in the last quarter. Meadow Creek Investment Management LLC lifted its position in AptarGroup by 15.0% during the 2nd quarter. Meadow Creek Investment Management LLC now owns 4,912 shares of the industrial products company’s stock worth $459,000 after buying an additional 640 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its position in AptarGroup by 8.8% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 8,624 shares of the industrial products company’s stock worth $806,000 after buying an additional 697 shares in the last quarter. Alpine Woods Capital Investors LLC lifted its position in AptarGroup by 89.9% during the 2nd quarter. Alpine Woods Capital Investors LLC now owns 5,704 shares of the industrial products company’s stock worth $533,000 after buying an additional 2,700 shares in the last quarter. Finally, Strs Ohio acquired a new position in AptarGroup during the 2nd quarter worth about $435,000. Institutional investors and hedge funds own 90.86% of the company’s stock.

NYSE:ATR traded up $0.08 on Friday, hitting $101.65. 399,111 shares of the stock were exchanged, compared to its average volume of 294,456. The stock has a market capitalization of $6.70 billion, a P/E ratio of 29.55, a P/E/G ratio of 3.25 and a beta of 0.81. AptarGroup, Inc. has a 52 week low of $79.97 and a 52 week high of $112.31. The company has a current ratio of 3.01, a quick ratio of 2.42 and a debt-to-equity ratio of 0.88.

AptarGroup (NYSE:ATR) last announced its quarterly earnings data on Thursday, July 26th. The industrial products company reported $1.09 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.01 by $0.08. The firm had revenue of $710.61 million during the quarter, compared to analysts’ expectations of $688.02 million. AptarGroup had a return on equity of 17.83% and a net margin of 8.19%. As a group, equities analysts predict that AptarGroup, Inc. will post 3.9 EPS for the current year.

Several brokerages recently issued reports on ATR. Zacks Investment Research upgraded shares of AptarGroup from a “hold” rating to a “buy” rating and set a $121.00 price target on the stock in a research report on Monday, October 1st. BMO Capital Markets boosted their price objective on AptarGroup from $92.00 to $105.00 and gave the stock a “market perform” rating in a report on Monday, July 30th. Deutsche Bank set a $115.00 price objective on AptarGroup and gave the stock a “buy” rating in a report on Monday, July 30th. ValuEngine raised AptarGroup from a “hold” rating to a “buy” rating in a report on Saturday, July 28th. Finally, Vertical Research cut AptarGroup from a “hold” rating to a “sell” rating and set a $86.00 price objective for the company. in a report on Tuesday, July 31st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. AptarGroup has a consensus rating of “Hold” and an average target price of $105.13.

In other news, Director Stephen J. Hagge sold 25,000 shares of the company’s stock in a transaction dated Tuesday, August 28th. The stock was sold at an average price of $104.31, for a total value of $2,607,750.00. Following the completion of the sale, the director now directly owns 110,105 shares of the company’s stock, valued at approximately $11,485,052.55. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Monnas Giovanna Kampouri sold 12,667 shares of the company’s stock in a transaction dated Tuesday, September 4th. The shares were sold at an average price of $105.45, for a total value of $1,335,735.15. Following the completion of the sale, the director now directly owns 11,040 shares of the company’s stock, valued at $1,164,168. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 97,862 shares of company stock valued at $10,071,434. 3.40% of the stock is currently owned by company insiders.

AptarGroup Profile

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

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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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