Baker Chad R Lowers stake in AptarGroup (ATR)

AptarGroup (ATR) : Baker Chad R reduced its stake in AptarGroup by 0.63% during the most recent quarter end. The investment management company now holds a total of 66,675 shares of AptarGroup which is valued at $5,312,664 after selling 425 shares in AptarGroup , the firm said in a disclosure report filed with the SEC on Apr 20, 2016.AptarGroup makes up approximately 2.38% of Baker Chad R’s portfolio.

AptarGroup opened for trading at $78.62 and hit $79.79 on the upside on Friday, eventually ending the session at $79.68, with a gain of 1.40% or 1.1 points. The heightened volatility saw the trading volume jump to 2,38,557 shares. Company has a market cap of $5,007 M.

Other Hedge Funds, Including , Next Financial Group Inc boosted its stake in ATR in the latest quarter, The investment management firm added 48 additional shares and now holds a total of 108 shares of AptarGroup which is valued at $8,605.Oregon Public Employees Retirement Fund boosted its stake in ATR in the latest quarter, The investment management firm added 808 additional shares and now holds a total of 25,732 shares of AptarGroup which is valued at $2,039,261. AptarGroup makes up approx 0.05% of Oregon Public Employees Retirement Fund’s portfolio.Kanaly Trust Co reduced its stake in ATR by selling 5 shares or 5.15% in the most recent quarter. The Hedge Fund company now holds 92 shares of ATR which is valued at $7,291.

On the company’s financial health, AptarGroup reported $0.83 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Oct 29, 2015. Analyst had a consensus of $0.79. The company had revenue of $586.30 million for the quarter, compared to analysts expectations of $590.09 million. The company’s revenue was down -10.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.73 EPS.

AptarGroup Inc. is a solution provider of a range of packaging delivery solutions for the beauty personal care home care prescription drug consumer health care injectables food and beverage markets. The Company has manufacturing facilities located throughout the world including North America Europe Asia and South America. It offers various dispensing and sealing solutions. Its primary products are dispensing pumps closures aerosol valves and elastomer primary packaging components. It also manufactures and sells elastomer primary packaging components which include stoppers for infusion antibiotic lyophilization and diagnostic vials. Its 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. The Company’s segments include Beauty + Home Pharma and Food + Beverage.

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