AptarGroup Inc. (ATR) Sees Unusually-High Trading Volume
AptarGroup Inc. (NYSE:ATR) shares saw unusually-strong trading volume on Friday . Approximately 264,047 shares changed hands during trading, an increase of 26% from the previous session’s volume of 210,128 shares.The stock last traded at $78.54 and had previously closed at $78.07.
Separately, Deutsche Bank AG reiterated a “buy” rating on shares of AptarGroup in a research note on Wednesday, May 18th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $75.00.
The company has a market cap of $4.94 billion and a P/E ratio of 25.48. The firm’s 50-day moving average is $78.09 and its 200 day moving average is $77.12.
AptarGroup (NYSE:ATR) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.01. The company earned $620 million during the quarter, compared to the consensus estimate of $621.52 million. The business’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.82 EPS. On average, equities research analysts predict that AptarGroup Inc. will post $3.18 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 17th. Stockholders of record on Wednesday, July 27th were paid a $0.30 dividend. The ex-dividend date of this dividend was Monday, July 25th. This represents a $1.20 annualized dividend and a dividend yield of 1.53%.
In other news, Director King W. Harris sold 13,100 shares of AptarGroup stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $76.62, for a total value of $1,003,722.00. Following the completion of the sale, the director now owns 195,509 shares in the company, valued at approximately $14,979,899.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Stephen J. Hagge sold 25,000 shares of AptarGroup stock in a transaction on Wednesday, June 1st. The shares were sold at an average price of $76.59, for a total transaction of $1,914,750.00. Following the completion of the sale, the chief executive officer now owns 96,159 shares of the company’s stock, valued at approximately $7,364,817.81. The disclosure for this sale can be found here.
An institutional investor recently raised its position in AptarGroup stock. Principal Financial Group Inc. raised its position in shares of AptarGroup Inc. (NYSE:ATR) by 2.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 201,833 shares of the company’s stock after buying an additional 4,794 shares during the period. Principal Financial Group Inc. owned about 0.32% of AptarGroup worth $14,664,000 as of its most recent filing with the SEC.
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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