Apogee Enterprises, Inc. (NASDAQ:APOG) Shares Sold by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC lessened its holdings in shares of Apogee Enterprises, Inc. (NASDAQ:APOGFree Report) by 4.5% in the third quarter, Holdings Channel reports. The firm owned 11,401 shares of the industrial products company’s stock after selling 543 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Apogee Enterprises were worth $537,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of APOG. Point72 Middle East FZE acquired a new stake in Apogee Enterprises during the 4th quarter worth approximately $42,000. Stonebridge Capital Advisors LLC acquired a new stake in Apogee Enterprises during the 1st quarter worth approximately $47,000. PNC Financial Services Group Inc. increased its position in Apogee Enterprises by 20.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,300 shares of the industrial products company’s stock worth $62,000 after purchasing an additional 220 shares in the last quarter. Point72 Hong Kong Ltd increased its position in Apogee Enterprises by 35.1% during the 1st quarter. Point72 Hong Kong Ltd now owns 1,300 shares of the industrial products company’s stock worth $62,000 after purchasing an additional 338 shares in the last quarter. Finally, Covestor Ltd grew its stake in shares of Apogee Enterprises by 66.0% in the second quarter. Covestor Ltd now owns 1,499 shares of the industrial products company’s stock valued at $71,000 after buying an additional 596 shares in the last quarter. Institutional investors and hedge funds own 88.82% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Apogee Enterprises from a “buy” rating to a “strong-buy” rating in a research note on Thursday, December 14th.

Get Our Latest Research Report on Apogee Enterprises

Apogee Enterprises Trading Up 1.6 %

NASDAQ:APOG opened at $56.01 on Tuesday. Apogee Enterprises, Inc. has a 12-month low of $36.62 and a 12-month high of $56.61. The firm has a market capitalization of $1.24 billion, a P/E ratio of 11.89 and a beta of 1.10. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.57 and a quick ratio of 1.28. The business has a 50 day simple moving average of $52.68 and a 200 day simple moving average of $48.98.

Apogee Enterprises (NASDAQ:APOGGet Free Report) last posted its earnings results on Thursday, December 21st. The industrial products company reported $1.23 EPS for the quarter, beating the consensus estimate of $1.10 by $0.13. Apogee Enterprises had a return on equity of 23.47% and a net margin of 7.44%. The firm had revenue of $339.70 million for the quarter, compared to analysts’ expectations of $360.38 million. During the same period last year, the firm earned $1.07 EPS. The firm’s revenue was down 7.7% compared to the same quarter last year. Equities research analysts predict that Apogee Enterprises, Inc. will post 4.61 EPS for the current year.

Apogee Enterprises Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 14th. Investors of record on Tuesday, January 30th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date is Monday, January 29th. This is a positive change from Apogee Enterprises’s previous quarterly dividend of $0.24. Apogee Enterprises’s dividend payout ratio is currently 21.23%.

Apogee Enterprises Company Profile

(Free Report)

Apogee Enterprises, Inc designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical Technologies (LSO). The Architectural Framing Systems segment designs, engineers, fabricates, and installs custom glass and aluminum windows, curtainwalls, storefront, and entrance systems for the exterior of buildings primarily in the commercial, institutional, and multi-family residential construction sectors.

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Institutional Ownership by Quarter for Apogee Enterprises (NASDAQ:APOG)

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