LSV Asset Management Trims Stake in Apogee Enterprises, Inc. (NASDAQ:APOG)

LSV Asset Management lessened its position in Apogee Enterprises, Inc. (NASDAQ:APOG - Free Report) by 2.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 456,029 shares of the industrial products company's stock after selling 11,715 shares during the quarter. LSV Asset Management owned approximately 2.08% of Apogee Enterprises worth $32,565,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in APOG. Endeavor Private Wealth Inc. purchased a new position in Apogee Enterprises during the fourth quarter valued at $32,000. New Age Alpha Advisors LLC purchased a new position in shares of Apogee Enterprises in the 4th quarter worth about $40,000. Meeder Asset Management Inc. bought a new position in Apogee Enterprises in the 4th quarter worth about $57,000. KBC Group NV grew its position in Apogee Enterprises by 46.7% during the 4th 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 last quarter. Finally, Vestcor Inc bought a new stake in Apogee Enterprises during the 4th quarter valued at about $106,000. 94.05% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on APOG shares. DA Davidson dropped their target price on shares of Apogee Enterprises from $75.00 to $62.00 and set a "neutral" rating on the stock in a research note on Wednesday, January 8th. 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 report on Friday, January 10th. Finally, StockNews.com lowered shares of Apogee Enterprises from a "strong-buy" rating to a "buy" rating in a research note on Thursday, January 9th.

Apogee Enterprises Stock Performance

Shares of APOG stock traded down $0.13 on Thursday, reaching $45.58. The stock had a trading volume of 56,079 shares, compared to its average volume of 191,307. The stock has a market cap of $1.00 billion, a P/E ratio of 10.17 and a beta of 0.85. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.27 and a current ratio of 1.63. Apogee Enterprises, Inc. has a 1 year low of $42.33 and a 1 year high of $87.93. The company has a 50 day simple moving average of $47.40 and a 200 day simple moving average of $63.34.

Apogee Enterprises Company Profile

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).