Puzo Michael J buys $5.1 Million stake in AptarGroup (ATR)

AptarGroup (ATR) : Puzo Michael J scooped up 2,645 additional shares in AptarGroup during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 27, 2016. The investment management firm now holds a total of 66,517 shares of AptarGroup which is valued at $5.1 Million.AptarGroup makes up approximately 3.40% of Puzo Michael J’s portfolio.

Other Hedge Funds, Including , Hemenway Trust Co reduced its stake in ATR by selling 825 shares or 0.7% in the most recent quarter. The Hedge Fund company now holds 116,405 shares of ATR which is valued at $9 Million. AptarGroup makes up approx 2.42% of Hemenway Trust Co’s portfolio.Walleye Trading boosted its stake in ATR in the latest quarter, The investment management firm added 260 additional shares and now holds a total of 275 shares of AptarGroup which is valued at $20,716.Pine River Capital Management reduced its stake in ATR by selling 6,974 shares or 30.04% in the most recent quarter. The Hedge Fund company now holds 16,245 shares of ATR which is valued at $1.2 Million. AptarGroup makes up approx 0.05% of Pine River Capital Management’s portfolio.Johnson Investment Counsel Inc boosted its stake in ATR in the latest quarter, The investment management firm added 34 additional shares and now holds a total of 8,534 shares of AptarGroup which is valued at $656,862. AptarGroup makes up approx 0.02% of Johnson Investment Counsel Inc’s portfolio.Cornerstone Capital reduced its stake in ATR by selling 4,745 shares or 2.44% in the most recent quarter. The Hedge Fund company now holds 189,477 shares of ATR which is valued at $14.6 Million. AptarGroup makes up approx 3.24% of Cornerstone Capital’s portfolio.

AptarGroup opened for trading at $77.03 and hit $77.91 on the upside on Tuesday, eventually ending the session at $77.49, with a gain of 0.52% or 0.4 points. The heightened volatility saw the trading volume jump to 1,70,102 shares. Company has a market cap of $4,894 M.

On the company’s financial health, AptarGroup reported $0.71 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Apr 28, 2016. Analyst had a consensus of $0.72. The company had revenue of $582.40 million for the quarter, compared to analysts expectations of $586.72 million. The company’s revenue was down -1.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.70 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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