The Manufacturers Life Insurance Company Has $12.01 Million Holdings in AptarGroup, Inc. (ATR)

The Manufacturers Life Insurance Company boosted its position in shares of AptarGroup, Inc. (NYSE:ATR) by 5.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 138,283 shares of the industrial products company’s stock after purchasing an additional 7,539 shares during the period. The Manufacturers Life Insurance Company owned approximately 0.22% of AptarGroup worth $12,011,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Cigna Investments Inc. New purchased a new position in AptarGroup during the second quarter worth about $206,000. Stewart & Patten Co. LLC purchased a new stake in shares of AptarGroup in the 2nd quarter valued at approximately $208,000. Rehmann Capital Advisory Group purchased a new stake in shares of AptarGroup in the 2nd quarter valued at approximately $213,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of AptarGroup by 8.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,501 shares of the industrial products company’s stock valued at $217,000 after acquiring an additional 187 shares during the period. Finally, Cullen Frost Bankers Inc. purchased a new stake in shares of AptarGroup in the 2nd quarter valued at approximately $243,000. 91.45% of the stock is currently owned by institutional investors.

A number of equities research analysts have recently issued reports on ATR shares. KeyCorp reissued a “hold” rating on shares of AptarGroup in a research note on Friday, June 23rd. BMO Capital Markets reissued a “hold” rating and issued a $79.00 price target on shares of AptarGroup in a research note on Sunday, July 2nd. Deutsche Bank AG reissued a “buy” rating and issued a $90.00 price target (up from $87.00) on shares of AptarGroup in a research note on Tuesday, July 18th. BidaskClub downgraded shares of AptarGroup from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. Finally, Vertical Research raised shares of AptarGroup from a “sell” rating to a “hold” rating and boosted their price target for the company from $70.00 to $77.00 in a research note on Monday, July 31st. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $84.57.

Shares of AptarGroup, Inc. (ATR) opened at 89.20 on Friday. AptarGroup, Inc. has a 1-year low of $70.32 and a 1-year high of $90.79. The stock has a 50 day moving average of $86.64 and a 200-day moving average of $84.25. The stock has a market capitalization of $5.59 billion, a P/E ratio of 26.24 and a beta of 0.96.

AptarGroup (NYSE:ATR) last posted its quarterly earnings results on Thursday, July 27th. The industrial products company reported $1.01 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.96 by $0.05. AptarGroup had a net margin of 9.36% and a return on equity of 16.91%. The firm had revenue of $617.75 million for the quarter, compared to analyst estimates of $624.74 million. During the same quarter last year, the firm posted $0.91 earnings per share. AptarGroup’s revenue for the quarter was down .4% compared to the same quarter last year. Equities research analysts predict that AptarGroup, Inc. will post $3.34 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 22nd. Investors of record on Wednesday, November 1st will be issued a $0.32 dividend. The ex-dividend date is Tuesday, October 31st. This represents a $1.28 annualized dividend and a yield of 1.43%. AptarGroup’s payout ratio is 37.54%.

In related news, Director Monnas Giovanna Kampouri sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $82.13, for a total value of $164,260.00. Following the transaction, the director now owns 6,469 shares in the company, valued at $531,298.97. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Gael Touya sold 35,000 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $81.25, for a total transaction of $2,843,750.00. Following the completion of the transaction, the insider now owns 33,092 shares in the company, valued at approximately $2,688,725. The disclosure for this sale can be found here. Company insiders own 5.30% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “The Manufacturers Life Insurance Company Has $12.01 Million Holdings in AptarGroup, Inc. (ATR)” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at https://ledgergazette.com/2017/10/21/the-manufacturers-life-insurance-company-has-12-01-million-holdings-in-aptargroup-inc-atr.html.

AptarGroup Profile

AptarGroup, Inc is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, homecare, prescription drug, c

Other hedge funds have also recently modified their holdings of the company. Cigna Investments Inc. New purchased a new position in AptarGroup during the second quarter worth about $206,000. Stewart & Patten Co. LLC purchased a new stake in shares of AptarGroup in the 2nd quarter valued at approximately $208,000. Rehmann Capital Advisory Group purchased a new stake in shares of AptarGroup in the 2nd quarter valued at approximately $213,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of AptarGroup by 8.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,501 shares of the industrial products company’s stock valued at $217,000 after acquiring an additional 187 shares during the period. Finally, Cullen Frost Bankers Inc. purchased a new stake in shares of AptarGroup in the 2nd quarter valued at approximately $243,000. 91.45% of the stock is currently owned by institutional investors.

A number of equities research analysts have recently issued reports on ATR shares. KeyCorp reissued a “hold” rating on shares of AptarGroup in a research note on Friday, June 23rd. BMO Capital Markets reissued a “hold” rating and issued a $79.00 price target on shares of AptarGroup in a research note on Sunday, July 2nd. Deutsche Bank AG reissued a “buy” rating and issued a $90.00 price target (up from $87.00) on shares of AptarGroup in a research note on Tuesday, July 18th. BidaskClub downgraded shares of AptarGroup from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. Finally, Vertical Research raised shares of AptarGroup from a “sell” rating to a “hold” rating and boosted their price target for the company from $70.00 to $77.00 in a research note on Monday, July 31st. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $84.57.

Shares of AptarGroup, Inc. (ATR) opened at 89.20 on Friday. AptarGroup, Inc. has a 1-year low of $70.32 and a 1-year high of $90.79. The stock has a 50 day moving average of $86.64 and a 200-day moving average of $84.25. The stock has a market capitalization of $5.59 billion, a P/E ratio of 26.24 and a beta of 0.96.

AptarGroup (NYSE:ATR) last posted its quarterly earnings results on Thursday, July 27th. The industrial products company reported $1.01 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.96 by $0.05. AptarGroup had a net margin of 9.36% and a return on equity of 16.91%. The firm had revenue of $617.75 million for the quarter, compared to analyst estimates of $624.74 million. During the same quarter last year, the firm posted $0.91 earnings per share. AptarGroup’s revenue for the quarter was down .4% compared to the same quarter last year. Equities research analysts predict that AptarGroup, Inc. will post $3.34 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 22nd. Investors of record on Wednesday, November 1st will be issued a $0.32 dividend. The ex-dividend date is Tuesday, October 31st. This represents a $1.28 annualized dividend and a yield of 1.43%. AptarGroup’s payout ratio is 37.54%.

In related news, Director Monnas Giovanna Kampouri sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $82.13, for a total value of $164,260.00. Following the transaction, the director now owns 6,469 shares in the company, valued at $531,298.97. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Gael Touya sold 35,000 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $81.25, for a total transaction of $2,843,750.00. Following the completion of the transaction, the insider now owns 33,092 shares in the company, valued at approximately $2,688,725. The disclosure for this sale can be found here. Company insiders own 5.30% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “The Manufacturers Life Insurance Company Has $12.01 Million Holdings in AptarGroup, Inc. (ATR)” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at https://ledgergazette.com/2017/10/21/the-manufacturers-life-insurance-company-has-12-01-million-holdings-in-aptargroup-inc-atr.html.

AptarGroup Profile

AptarGroup, Inc is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, homecare, prescription drug, consumer healthcare, injectables, food and beverage markets. The Company has manufacturing facilities located throughout the world, including North America, Europe, Asia and South America.

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Institutional Ownership by Quarter for AptarGroup (NYSE:ATR)

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