47,499 Shares in Apogee Enterprises, Inc. (NASDAQ:APOG) Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Apogee Enterprises, Inc. (NASDAQ:APOG - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 47,499 shares of the industrial products company's stock, valued at approximately $3,392,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.22% of Apogee Enterprises as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the business. Public Employees Retirement System of Ohio purchased a new stake in shares of Apogee Enterprises in the 4th quarter valued at $42,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Apogee Enterprises by 12.6% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 45,511 shares of the industrial products company's stock valued at $3,250,000 after buying an additional 5,088 shares during the last quarter. State of Wyoming raised its holdings in Apogee Enterprises by 33.5% during the 4th quarter. State of Wyoming now owns 4,248 shares of the industrial products company's stock valued at $303,000 after buying an additional 1,065 shares during the last quarter. Man Group plc bought a new stake in Apogee Enterprises during the 4th quarter valued at $872,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Apogee Enterprises by 3.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,436 shares of the industrial products company's stock valued at $888,000 after buying an additional 412 shares during the last quarter. Hedge funds and other institutional investors own 94.05% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of Apogee Enterprises from a "buy" rating to a "hold" rating in a report on Friday, April 25th.

Apogee Enterprises Trading Up 1.1%

NASDAQ:APOG traded up $0.43 during midday trading on Friday, reaching $39.31. 127,131 shares of the stock traded hands, compared to its average volume of 193,992. The company has a fifty day moving average of $41.90 and a 200 day moving average of $53.71. Apogee Enterprises, Inc. has a 12 month low of $37.70 and a 12 month high of $87.93. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.27 and a current ratio of 1.63. The stock has a market capitalization of $848.03 million, a P/E ratio of 8.77 and a beta of 0.97.

Apogee Enterprises (NASDAQ:APOG - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The industrial products company reported $0.89 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.01). The company had revenue of $345.69 million during the quarter, compared to the consensus estimate of $331.82 million. Apogee Enterprises had a return on equity of 23.14% and a net margin of 7.14%. The firm's revenue for the quarter was down 4.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.14 earnings per share. On average, research analysts predict that Apogee Enterprises, Inc. will post 4.97 EPS for the current year.

Apogee Enterprises Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 28th. Stockholders of record on Tuesday, May 13th were issued a dividend of $0.26 per share. The ex-dividend date was Tuesday, May 13th. This represents a $1.04 annualized dividend and a dividend yield of 2.65%. Apogee Enterprises's payout ratio is 26.80%.

Apogee Enterprises 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).