Pacer Advisors Inc. Has $54.71 Million Holdings in Apogee Enterprises, Inc. (NASDAQ:APOG)

Pacer Advisors Inc. lowered its stake in Apogee Enterprises, Inc. (NASDAQ:APOG - Free Report) by 14.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 781,392 shares of the industrial products company's stock after selling 135,608 shares during the quarter. Pacer Advisors Inc. owned approximately 3.56% of Apogee Enterprises worth $54,709,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Russell Investments Group Ltd. raised its stake in Apogee Enterprises by 1,765.7% during the 1st quarter. Russell Investments Group Ltd. now owns 5,933 shares of the industrial products company's stock valued at $351,000 after purchasing an additional 5,615 shares during the period. State Board of Administration of Florida Retirement System lifted its stake in Apogee Enterprises by 48.8% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 9,387 shares of the industrial products company's stock worth $556,000 after acquiring an additional 3,080 shares in the last quarter. O Shaughnessy Asset Management LLC grew its stake in Apogee Enterprises by 4.2% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 31,474 shares of the industrial products company's stock valued at $1,863,000 after acquiring an additional 1,278 shares in the last quarter. CANADA LIFE ASSURANCE Co grew its stake in Apogee Enterprises by 7.9% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 19,964 shares of the industrial products company's stock valued at $1,179,000 after acquiring an additional 1,459 shares in the last quarter. Finally, EntryPoint Capital LLC increased its holdings in shares of Apogee Enterprises by 31.4% in the 1st quarter. EntryPoint Capital LLC now owns 929 shares of the industrial products company's stock valued at $55,000 after purchasing an additional 222 shares during the period. Institutional investors and hedge funds own 94.05% of the company's stock.

Apogee Enterprises Stock Up 1.4 %

APOG traded up $1.11 during midday trading on Friday, hitting $83.22. 92,432 shares of the company's stock traded hands, compared to its average volume of 147,496. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.65 and a quick ratio of 1.32. The company has a market cap of $1.83 billion, a PE ratio of 17.52 and a beta of 0.97. The stock's fifty day simple moving average is $76.51 and its 200-day simple moving average is $68.13. Apogee Enterprises, Inc. has a one year low of $44.46 and a one year high of $87.93.

Apogee Enterprises (NASDAQ:APOG - Get Free Report) last released its quarterly earnings results on Friday, October 4th. The industrial products company reported $1.44 earnings per share for the quarter, beating analysts' consensus estimates of $1.23 by $0.21. The business had revenue of $342.40 million for the quarter, compared to the consensus estimate of $335.31 million. Apogee Enterprises had a net margin of 7.58% and a return on equity of 24.12%. Apogee Enterprises's revenue for the quarter was down 3.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.36 EPS. As a group, equities analysts anticipate that Apogee Enterprises, Inc. will post 5.06 earnings per share for the current fiscal year.

Apogee Enterprises Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Tuesday, October 22nd were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend was Tuesday, October 22nd. Apogee Enterprises's dividend payout ratio (DPR) is presently 21.05%.

Analyst Ratings Changes

A number of brokerages recently commented on APOG. StockNews.com downgraded shares of Apogee Enterprises from a "strong-buy" rating to a "buy" rating in a research report on Friday, November 15th. DA Davidson upped their price target on shares of Apogee Enterprises from $65.00 to $75.00 and gave the stock a "neutral" rating in a research note on Tuesday, October 8th.

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).