Schroder Investment Management Group Purchases New Holdings in Apogee Enterprises, Inc. (NASDAQ:APOG)

Schroder Investment Management Group purchased a new stake in Apogee Enterprises, Inc. (NASDAQ:APOG - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 10,043 shares of the industrial products company's stock, valued at approximately $716,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Endeavor Private Wealth Inc. purchased a new stake in shares of Apogee Enterprises in the fourth quarter worth $32,000. New Age Alpha Advisors LLC bought a new stake in shares of Apogee Enterprises during the 4th quarter valued at about $40,000. KBC Group NV grew its holdings 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 worth $92,000 after purchasing an additional 408 shares in the last quarter. Vestcor Inc bought a new position in shares of Apogee Enterprises in the fourth quarter worth approximately $106,000. Finally, Caprock Group LLC purchased a new stake in Apogee Enterprises in the fourth quarter valued at approximately $225,000. 94.05% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on APOG shares. StockNews.com lowered shares of Apogee Enterprises from a "strong-buy" rating to a "buy" rating in a report on Thursday, January 9th. Sidoti raised Apogee Enterprises from a "neutral" rating to a "buy" rating in a research note on Friday, January 10th. DA Davidson dropped 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, Singular Research upgraded Apogee Enterprises to a "moderate buy" rating in a research report on Tuesday, January 14th.

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Apogee Enterprises Trading Up 0.6 %

Shares of APOG stock traded up $0.26 on Friday, hitting $46.50. 119,518 shares of the company's stock traded hands, compared to its average volume of 190,964. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.27 and a current ratio of 1.63. The stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of 10.38 and a beta of 0.85. The company's fifty day simple moving average is $47.67 and its 200 day simple moving average is $63.79. Apogee Enterprises, Inc. has a one year low of $42.33 and a one year high of $87.93.

Apogee Enterprises (NASDAQ:APOG - Get Free Report) last released its quarterly earnings data on Tuesday, January 7th. The industrial products company reported $1.19 EPS for the quarter, topping the consensus estimate of $1.11 by $0.08. The firm had revenue of $341.30 million for the quarter, compared to the consensus estimate of $332.27 million. Apogee Enterprises had a return on equity of 23.14% and a net margin of 7.14%. The company's quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.23 earnings per share. Equities analysts forecast that Apogee Enterprises, Inc. will post 4.97 EPS for the current year.

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).