WINTON GROUP Ltd Takes Position in Apogee Enterprises, Inc. (NASDAQ:APOG)

WINTON GROUP Ltd acquired a new stake in Apogee Enterprises, Inc. (NASDAQ:APOGGet Rating) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 8,151 shares of the industrial products company’s stock, valued at approximately $320,000.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Apogee Enterprises by 6.8% in the first quarter. Vanguard Group Inc. now owns 2,868,027 shares of the industrial products company’s stock valued at $136,117,000 after acquiring an additional 182,687 shares during the period. Bank of New York Mellon Corp lifted its position in Apogee Enterprises by 0.5% during the first quarter. Bank of New York Mellon Corp now owns 364,212 shares of the industrial products company’s stock valued at $17,285,000 after purchasing an additional 1,767 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Apogee Enterprises by 1.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 349,592 shares of the industrial products company’s stock valued at $16,592,000 after purchasing an additional 5,114 shares during the last quarter. ProShare Advisors LLC lifted its position in Apogee Enterprises by 2.1% during the first quarter. ProShare Advisors LLC now owns 231,372 shares of the industrial products company’s stock valued at $10,981,000 after purchasing an additional 4,755 shares during the last quarter. Finally, Invesco Ltd. lifted its position in Apogee Enterprises by 5.4% during the first quarter. Invesco Ltd. now owns 157,623 shares of the industrial products company’s stock valued at $7,481,000 after purchasing an additional 8,078 shares during the last quarter. 89.95% of the stock is currently owned by institutional investors.

Apogee Enterprises Trading Up 1.0 %

Shares of APOG opened at $47.44 on Monday. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 19.36 and a beta of 1.09. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.40 and a current ratio of 1.82. Apogee Enterprises, Inc. has a fifty-two week low of $35.96 and a fifty-two week high of $50.44. The firm has a 50 day moving average price of $42.85 and a 200-day moving average price of $41.64.

Apogee Enterprises (NASDAQ:APOGGet Rating) last announced its quarterly earnings data on Tuesday, September 20th. The industrial products company reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.17. The firm had revenue of $372.10 million during the quarter, compared to analyst estimates of $342.84 million. Apogee Enterprises had a net margin of 3.95% and a return on equity of 21.94%. The business’s quarterly revenue was up 14.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.53 EPS. As a group, equities research analysts forecast that Apogee Enterprises, Inc. will post 3.92 earnings per share for the current year.

Apogee Enterprises Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 9th. Stockholders of record on Tuesday, October 25th were issued a $0.22 dividend. The ex-dividend date was Monday, October 24th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.85%. Apogee Enterprises’s payout ratio is 35.92%.

Insider Transactions at Apogee Enterprises

In related news, Director Herbert K. Parker sold 12,000 shares of Apogee Enterprises stock in a transaction on Tuesday, October 18th. The shares were sold at an average price of $43.61, for a total value of $523,320.00. Following the transaction, the director now directly owns 21,955 shares of the company’s stock, valued at $957,457.55. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.82% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Apogee Enterprises in a research report on Wednesday, October 12th. They set a “strong-buy” rating for the company.

Apogee Enterprises Company Profile

(Get Rating)

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 finishes the aluminum frames used in customized aluminum and glass window; curtain wall; storefront; and entrance systems, such as the outside skin and entrances of commercial, institutional, and multi-family residential buildings.

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

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