14,700 Shares in Apogee Enterprises, Inc. (NASDAQ:APOG) Bought by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC acquired a new position in Apogee Enterprises, Inc. (NASDAQ:APOG - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 14,700 shares of the industrial products company's stock, valued at approximately $1,050,000. Integrated Quantitative Investments LLC owned 0.07% of Apogee Enterprises at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. increased its holdings in Apogee Enterprises by 44.1% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,293 shares of the industrial products company's stock valued at $91,000 after buying an additional 396 shares during the period. KBC Group NV increased its stake in Apogee Enterprises by 46.7% in the fourth quarter. KBC Group NV now owns 1,282 shares of the industrial products company's stock valued at $92,000 after acquiring an additional 408 shares during the period. Endeavor Private Wealth Inc. acquired a new position in Apogee Enterprises in the fourth quarter worth about $32,000. LPL Financial LLC lifted its stake in Apogee Enterprises by 14.6% during the fourth quarter. LPL Financial LLC now owns 4,253 shares of the industrial products company's stock worth $304,000 after purchasing an additional 541 shares during the period. Finally, New Age Alpha Advisors LLC acquired a new stake in Apogee Enterprises during the fourth quarter valued at approximately $40,000. 94.05% of the stock is currently owned by institutional investors.

Apogee Enterprises Price Performance

NASDAQ APOG traded up $0.52 on Wednesday, hitting $44.04. 40,006 shares of the company were exchanged, compared to its average volume of 271,724. Apogee Enterprises, Inc. has a 1-year low of $42.33 and a 1-year high of $87.93. The firm has a 50 day moving average of $48.00 and a two-hundred day moving average of $64.35. The company has a current ratio of 1.63, a quick ratio of 1.27 and a debt-to-equity ratio of 0.52. The company has a market cap of $966.81 million, a P/E ratio of 9.83 and a beta of 0.85.

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Apogee Enterprises (NASDAQ:APOG - Get Free Report) last issued its quarterly earnings results on Tuesday, January 7th. The industrial products company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.08. The business had revenue of $341.30 million for the quarter, compared to analyst estimates of $332.27 million. Apogee Enterprises had a return on equity of 23.14% and a net margin of 7.14%. The firm's revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.23 earnings per share. On average, equities analysts predict that Apogee Enterprises, Inc. will post 4.97 EPS for the current year.

Analyst Upgrades and Downgrades

APOG has been the subject of several analyst reports. StockNews.com downgraded Apogee Enterprises from a "strong-buy" rating to a "buy" rating in a research report on Thursday, January 9th. Sidoti upgraded shares of Apogee Enterprises from a "neutral" rating to a "buy" rating in a research report on Friday, January 10th. DA Davidson reduced their price target on shares of Apogee Enterprises from $75.00 to $62.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 8th. Finally, Singular Research upgraded shares of Apogee Enterprises to a "moderate buy" rating in a research note on Tuesday, January 14th.

Apogee Enterprises Company Profile

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).