Great West Life Assurance Co. Can Purchases 592 Shares of Apogee Enterprises Inc. (APOG)
Great West Life Assurance Co. Can boosted its position in Apogee Enterprises Inc. (NASDAQ:APOG) by 1.5% during the third quarter, Holdings Channel reports. The institutional investor owned 38,980 shares of the company’s stock after buying an additional 592 shares during the period. Great West Life Assurance Co. Can’s holdings in Apogee Enterprises were worth $1,741,000 at the end of the most recent reporting period.
A number of other large investors have also recently modified their holdings of APOG. JPMorgan Chase & Co. raised its stake in shares of Apogee Enterprises by 13,117.4% in the first quarter. JPMorgan Chase & Co. now owns 37,273 shares of the company’s stock worth $1,636,000 after buying an additional 36,991 shares in the last quarter. UBS Group AG raised its stake in shares of Apogee Enterprises by 208.2% in the first quarter. UBS Group AG now owns 14,453 shares of the company’s stock worth $635,000 after buying an additional 9,764 shares in the last quarter. Panagora Asset Management Inc. raised its stake in shares of Apogee Enterprises by 6.5% in the first quarter. Panagora Asset Management Inc. now owns 203,422 shares of the company’s stock worth $8,928,000 after buying an additional 12,495 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of Apogee Enterprises by 109.3% in the second quarter. BNP Paribas Arbitrage SA now owns 8,973 shares of the company’s stock worth $416,000 after buying an additional 4,685 shares in the last quarter. Finally, Capstone Asset Management Co. raised its stake in shares of Apogee Enterprises by 7.8% in the second quarter. Capstone Asset Management Co. now owns 10,546 shares of the company’s stock worth $489,000 after buying an additional 760 shares in the last quarter. Institutional investors and hedge funds own 98.28% of the company’s stock.
Apogee Enterprises Inc. (NASDAQ:APOG) traded up 0.25% during midday trading on Tuesday, hitting $47.76. The company’s stock had a trading volume of 234,759 shares. The stock has a 50 day moving average of $43.75 and a 200 day moving average of $45.25. Apogee Enterprises Inc. has a 52-week low of $33.67 and a 52-week high of $50.95. The company has a market cap of $1.38 billion, a PE ratio of 17.68 and a beta of 1.37.
Apogee Enterprises (NASDAQ:APOG) last issued its quarterly earnings data on Wednesday, September 14th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.10. Apogee Enterprises had a return on equity of 18.68% and a net margin of 7.65%. The company had revenue of $278.50 million for the quarter. During the same quarter last year, the business posted $0.50 EPS. The company’s quarterly revenue was up 15.7% on a year-over-year basis. On average, equities analysts expect that Apogee Enterprises Inc. will post $2.86 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 9th. Investors of record on Tuesday, October 25th were given a $0.125 dividend. The ex-dividend date was Friday, October 21st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.05%. Apogee Enterprises’s dividend payout ratio (DPR) is presently 18.52%.
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A number of equities research analysts recently weighed in on APOG shares. Zacks Investment Research lowered Apogee Enterprises from a “buy” rating to a “hold” rating in a research report on Tuesday, August 23rd. DA Davidson set a $56.00 price target on Apogee Enterprises and gave the company a “buy” rating in a research report on Tuesday, September 13th.
About Apogee Enterprises
Apogee Enterprises, Inc is engaged in the design and development of glass solutions for enclosing commercial buildings and framing art. The Company operates through four segments: Architectural Glass, Architectural Services, Architectural Framing Systems and Large-Scale Optical Technologies (LSO). The Architectural Glass segment fabricates coated glass used in customized window and wall systems.
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