1 week Ago By Defense World Staff
JPMorgan Chase & Co. increased its stake in Apogee Enterprises, Inc. (NASDAQ:APOG – Free Report) by 87.
9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 186,744 shares of the industrial products company’s stock after buying an additional 87,356 shares during the quarter. JPMorgan Chase & Co.
owned about 0.85% of Apogee Enterprises worth $13,335,000 as of its most recent filing with the SEC. Other large investors have also modified their holdings of the company.
Endeavor Private Wealth Inc. purchased a new position in Apogee Enterprises in the 4th quarter worth approximately $32,000. KBC Group NV boosted its stake in shares of Apogee Enterprises by 46.
7% in the fourth quarter. KBC Group NV now owns 1,282 shares of the industrial products company’s stock valued at $92,000 after purchasing an additional 408 shares during the period. Vestcor Inc acquired a new stake in Apogee Enterprises during the 4th quarter valued at $106,000.
Caprock Group LLC purchased a new stake in Apogee Enterprises during the 4th quarter worth $225,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in Apogee Enterprises in the 3rd quarter worth $275,000. Institutional investors and hedge funds own 94.
05% of the company’s stock. Apogee Enterprises Price PerformanceShares of NASDAQ APOG opened at $46.50 on Friday.
The business has a 50 day simple moving average of $47.67 and a 200-day simple moving average of $63.79.
Apogee Enterprises, Inc. has a twelve month low of $42.33 and a twelve month high of $87.
93. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of 10.
38 and a beta of 0.85. The company has a current ratio of 1.
63, a quick ratio of 1.27 and a debt-to-equity ratio of 0.52.
Wall Street Analysts Forecast GrowthAPOG has been the subject of a number of analyst reports. Singular Research raised Apogee Enterprises to a “moderate buy” rating in a report on Tuesday, January 14th. Sidoti upgraded Apogee Enterprises from a “neutral” rating to a “buy” rating in a research note on Friday, January 10th.
StockNews.com lowered shares of Apogee Enterprises from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 9th. Finally, DA Davidson decreased their price objective on shares of Apogee Enterprises from $75.
00 to $62.00 and set a “neutral” rating for the company in a report on Wednesday, January 8th.View Our Latest Stock Report on APOGApogee Enterprises Profile (Free Report)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).Further ReadingFive stocks we like better than Apogee EnterprisesRide Out The Recession With These Dividend Kings Robinhood Strategies Could Be a Game-Changer for Young InvestorsWhat is the Australian Securities Exchange (ASX) Are These 3 Retail Stocks Oversold or Really in Trouble?About the Markup CalculatorIONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead.
