November 30, 2016 - By Darrin Black · 0 Comments
Aptargroup Inc (NYSE:ATR) institutional sentiment decreased to 1.05 in Q2 2016. Its down -0.09, from 1.14 in 2016Q1. The ratio has dropped, as 145 investment professionals started new or increased equity positions, while 127 sold and trimmed stakes in Aptargroup Inc. The investment professionals in our partner’s database now have: 53.39 million shares, down from 54.16 million shares in 2016Q1. Also, the number of investment professionals holding Aptargroup Inc in their top 10 equity positions increased from 7 to 8 for an increase of 1. Sold All: 39 Reduced: 88 Increased: 119 New Position: 26.
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 a market cap of $4.56 billion. The Firm has manufacturing facilities located in North America, Europe, Asia and South America. It has a 23.85 P/E ratio. The Company’s divisions include Beauty + Home, Pharma and Food + Beverage.
About 147,951 shares traded hands. AptarGroup, Inc. (NYSE:ATR) has declined 5.35% since April 27, 2016 and is downtrending. It has underperformed by 10.58% the S&P500.
Analysts await AptarGroup, Inc. (NYSE:ATR) to report earnings on February, 2. They expect $0.66 earnings per share, down 1.49% or $0.01 from last year’s $0.67 per share. ATR’s profit will be $40.94M for 27.85 P/E if the $0.66 EPS becomes a reality. After $0.82 actual earnings per share reported by AptarGroup, Inc. for the previous quarter, Wall Street now forecasts -19.51% negative EPS growth.
According to Zacks Investment Research, “Aptargroup Inc. is a leader in the design, manufacture and sale of three categories of consumer product dispensing systems: pumps, closures and aerosol valves. The company focuses on providing value-added dispensing systems to global consumer product marketers in the personal care, fragrance/cosmetics, pharmaceutical, household/industrial products and food industries. Value-added packaging allows consumers to conveniently dispense a product, in an aesthetically attractive package, which consistently meets required usage or dosage characteristics.”
Fayerweather Charles holds 3.98% of its portfolio in AptarGroup, Inc. for 36,025 shares. Somerville Kurt F owns 199,046 shares or 3.54% of their US portfolio. Moreover, Puzo Michael J has 3.44% invested in the company for 65,867 shares. The Wisconsin-based Morgan Dempsey Capital Management Llc has invested 3.33% in the stock. Mountain Pacific Investment Advisers Inc Id, a Idaho-based fund reported 366,255 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 4 selling transactions for $7.46 million net activity.
Ratings analysis reveals 33% of AptarGroup Inc’s analysts are positive. Out of 6 Wall Street analysts rating AptarGroup Inc, 2 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $72 while the high is $84. The stock’s average target of $77.75 is 5.75% above today’s ($73.52) share price. ATR was included in 12 notes of analysts from September 10, 2015. Jefferies initiated the stock with “Hold” rating in Thursday, October 13 report. The firm has “Market Perform” rating given on Thursday, September 10 by BMO Capital Markets. The stock has “Neutral” rating given by Macquarie Research on Tuesday, November 10. The stock of AptarGroup, Inc. (NYSE:ATR) earned “Hold” rating by Vertical Research on Monday, October 31. Robert W. Baird initiated AptarGroup, Inc. (NYSE:ATR) on Monday, November 16 with “Outperform” rating. The firm has “Buy” rating by Bank of America given on Tuesday, September 15. Robert W. Baird downgraded AptarGroup, Inc. (NYSE:ATR) rating on Tuesday, January 5. Robert W. Baird has “Neutral” rating and $80.0 price target. The stock of AptarGroup, Inc. (NYSE:ATR) has “Neutral” rating given on Friday, September 9 by Robert W. Baird. The firm earned “Buy” rating on Monday, November 2 by Deutsche Bank.
AptarGroup, Inc., incorporated on September 3, 1992, is a well-known 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 Firm has manufacturing facilities located in North America, Europe, Asia and South America. The Company’s divisions include Beauty + Home, Pharma and Food + Beverage. It offers various dispensing and sealing solutions. The Company’s primary products are dispensing pumps, closures and aerosol valves. It also makes and sells elastomer primary packaging components, which include stoppers for infusion, antibiotic, lyophilization and diagnostic vials. The Company’s elastomer components also include pre-filled syringe components, such as plungers, needle shields, tip caps and cartridges, as well as dropper bulbs and disposable syringe plungers.
More news for AptarGroup, Inc. (NYSE:ATR) were recently published by: Businesswire.com, which released: “AptarGroup Announces CEO Succession Plan” on November 22, 2016. Nasdaq.com‘s article titled: “AptarGroup, Inc. (ATR) Ex-Dividend Date Scheduled for October 31, 2016” and published on October 28, 2016 is yet another important article.
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By Darrin Black