Apogee Enterprises (APOG) Receiving Somewhat Favorable Media Coverage, Report Finds

Elias Hubbard
July 8, 2017

Intrust National Bank & Trust Na invested in 3,946 shares or 0.08% of the stock. Advsr Asset Mgmt invested in 2,822 shares or 0% of the stock. As of the end of the quarter Macquarie Group Ltd had sold 2,619 shares trimming its holdings by 0.4%. Systematic Financial Management LP now owns 532,874 shares of the industrial products company's stock valued at $31,765,000 after buying an additional 190,576 shares during the period. State of Alaska Department of Revenue increased its position in shares of Apogee Enterprises by 1.9% in the first quarter. Comerica Bank now owns 30,681 shares of the industrial products company's stock worth $1,719,000 after buying an additional 1,361 shares in the last quarter. Mckinley Capital Management LLC Delaware acquired a new stake in Apogee Enterprises during the first quarter worth approximately $3,935,000. FMR LLC now owns 622,720 shares of the industrial products company's stock valued at $37,120,000 after buying an additional 353,510 shares during the period. MA boosted its stake in Apogee Enterprises by 7.1% in the first quarter. Based on the recent close, the shares have dropped -1.55% over the past five trading days. Geode Mngmt Ltd Liability accumulated 254,936 shares or 0.01% of the stock.

ValuEngine lowered shares of Apogee Enterprises, Inc. Another trade for 1,950 shares valued at $113,447 was made by Reynolds Richard VanFleet on Friday, January 27.

Apogee Enterprises, Inc. has a 50 day moving average of 54.64 and a 200 day moving average of 55.61. Apogee Enterprises has $68 highest and $58 lowest target. The stock has a market cap of $1.65 billion, a PE ratio of 19.60 and a beta of 1.58.

Apogee Enterprises, Inc. shares had a trading volume of 281K in the last trading session. As of the latest earnings report the EPS was $2.92 and is projected to be $3.38 for the current year with 28,850,000 shares outstanding. Systematic Financial Management bought a new stake in Apogee Enterprises throughout the Q4 valued roughly $18,333,000. The company had revenue of $272.30 million for the quarter, compared to the consensus estimate of $271.13 million. During the same quarter in the prior year, the firm earned $0.61 earnings per share. The highest sales estimate is $280.10 M and the lowest is $275.00 M. Apogee Enterprises posted sales of $247.88 M in the same period previous year, which would suggest a positive year-over-year growth rate of 12%.

Apogee Enterprises (NASDAQ:APOG) last announced its quarterly earnings results on Thursday, June 22nd. Stockholders of record on Monday, July 10th will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.98%. BlackRock upped its stake in Apogee Enterprises by 19,368.0% in the Q1. "(NASDAQ:APOG) Stake Held by RBF Capital LLC" was first published by Stock Observer and is the sole property of of Stock Observer. If you are viewing this article on another site, it was copied illegally and republished in violation of United States & global trademark and copyright law. The original version of this piece can be accessed at https://www.com-unik.info/2017/07/05/apogee-enterprises-inc-apog-to-issue-quarterly-dividend-of-0-14-on-july-25th.html.

Quite a few brokerage firm analysts quite recently weighed in on APOG Stocks. Finally, Zacks Investment Research upgraded Apogee Enterprises from a "hold" rating to a "strong-buy" rating and set a $65.00 price target for the company in a research note on Monday, June 19th. Sidoti initiated coverage on Apogee Enterprises in a report on Thursday, May 25th. They issued a buy rating and a $70.00 price target for the company.

Among 2 analysts covering Immune Design (NASDAQ:IMDZ), 2 have Buy rating, 0 Sell and 0 Hold. Sell-side firms, on a consensus basis have a $63.50 price target on the name and a 1.70 recommendation, according to First Call.

In other news, CEO Joseph F. Puishys sold 40,000 shares of the firm's stock in a transaction dated Tuesday, May 2nd. Klein John Alfred sold $285,895 worth of stock or 5,000 shares. The transaction was disclosed in a document filed with the SEC, which is available through this link. In the last quarter, insiders sold 180,000 shares of company stock valued at $10,084,600. The stock increased 1.54% or $0.15 on July 3, reaching $9.9.

Apogee Enterprises, Inc., launched on July 12, 1949, is involved 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).

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