LSV Asset Management trimmed its position in Apogee Enterprises, Inc. (NASDAQ:APOG - Free Report) by 2.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 456,029 shares of the industrial products company's stock after selling 11,715 shares during the period. LSV Asset Management owned 2.08% of Apogee Enterprises worth $32,565,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Endeavor Private Wealth Inc. purchased a new stake in shares of Apogee Enterprises in the 4th quarter worth about $32,000. New Age Alpha Advisors LLC bought a new stake in Apogee Enterprises during the fourth quarter worth about $40,000. Meeder Asset Management Inc. purchased a new stake in Apogee Enterprises in the fourth quarter worth about $57,000. KBC Group NV increased its stake in shares of Apogee Enterprises by 46.7% during the fourth quarter. KBC Group NV now owns 1,282 shares of the industrial products company's stock valued at $92,000 after purchasing an additional 408 shares in the last quarter. Finally, Vestcor Inc bought a new stake in shares of Apogee Enterprises in the 4th quarter worth approximately $106,000. Institutional investors own 94.05% of the company's stock.
Wall Street Analysts Forecast Growth
APOG has been the subject of a number of analyst reports. Singular Research upgraded shares of Apogee Enterprises to a "moderate buy" rating in a research note on Tuesday, January 14th. StockNews.com downgraded Apogee Enterprises from a "strong-buy" rating to a "buy" rating in a research note on Thursday, January 9th. DA Davidson decreased their price target on Apogee Enterprises from $75.00 to $62.00 and set a "neutral" rating for the company in a research note on Wednesday, January 8th. Finally, Sidoti upgraded Apogee Enterprises from a "neutral" rating to a "buy" rating in a report on Friday, January 10th.
Get Our Latest Stock Analysis on APOG
Apogee Enterprises Stock Performance
Shares of NASDAQ:APOG traded up $0.02 during mid-day trading on Tuesday, reaching $46.17. 228,383 shares of the company traded hands, compared to its average volume of 191,653. Apogee Enterprises, Inc. has a 52 week low of $42.33 and a 52 week high of $87.93. The firm has a market cap of $1.01 billion, a PE ratio of 10.31 and a beta of 0.85. The company's 50 day moving average price is $47.50 and its 200-day moving average price is $63.46. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.63 and a quick ratio of 1.27.
Apogee Enterprises Company Profile
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Free Report)
Apogee Enterprises, Inc provides architectural products and services for enclosing buildings, and glass and acrylic products used for preservation, protection, and enhanced viewing in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical (LSO).
Further Reading
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