Apogee Enterprises Inc (APOG) : Granite Investment Partners scooped up 67,412 additional shares in Apogee Enterprises Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 306,248 shares of Apogee Enterprises Inc which is valued at $14,356,906.Apogee Enterprises Inc makes up approximately 1.09% of Granite Investment Partners’s portfolio.
Other Hedge Funds, Including , Two Sigma Investments Lp boosted its stake in APOG in the latest quarter, The investment management firm added 1,358 additional shares and now holds a total of 166,674 shares of Apogee Enterprises Inc which is valued at $7,813,677. Apogee Enterprises Inc makes up approx 0.04% of Two Sigma Investments Lp’s portfolio. Nuveen Fund Advisors sold out all of its stake in APOG during the most recent quarter. The investment firm sold 27,000 shares of APOG which is valued $1,265,760.Comerica Bank reduced its stake in APOG by selling 632 shares or 2.13% in the most recent quarter. The Hedge Fund company now holds 29,069 shares of APOG which is valued at $1,362,755. Apogee Enterprises Inc makes up approx 0.01% of Comerica Bank’s portfolio.Ubs Asset Management Americas Inc boosted its stake in APOG in the latest quarter, The investment management firm added 1,400 additional shares and now holds a total of 16,099 shares of Apogee Enterprises Inc which is valued at $755,526.Zurcher Kantonalbank (zurich Cantonalbank) boosted its stake in APOG in the latest quarter, The investment management firm added 237 additional shares and now holds a total of 1,628 shares of Apogee Enterprises Inc which is valued at $76,418.
Apogee Enterprises Inc closed down -0.59 points or -1.22% at $47.81 with 3,87,729 shares getting traded on Thursday. Post opening the session at $48.3, the shares hit an intraday low of $46.23 and an intraday high of $48.8 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Apogee Enterprises Inc reported $0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.12 according to the earnings call on Jun 22, 2016. Analyst had a consensus of $0.49. The company had revenue of $247.88 million for the quarter, compared to analysts expectations of $247.18 million. The company’s revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.41 EPS.
Many Wall Street Analysts have commented on Apogee Enterprises Inc. Apogee Enterprises Inc was Downgraded by Goldman to ” Neutral” on Jul 12, 2016.
Apogee Enterprises Inc. is engaged in the design and development of value-added glass solutions for enclosing commercial buildings and framing art. The Company operates in four segments: Architectural Glass Architectural Services Architectural Framing Systems and Large-Scale Optical Technologies. The Architectural Glass segment fabricates glass used in customized window and curtainwall systems comprising the outside skin of buildings. The Architectural Services segment primarily installs and renovates customized aluminum and glass window and curtainwall systems comprising the outside skin of buildings. The Architectural Framing Systems segment designs engineers and fabricates the aluminum frames used in customized aluminum and glass window curtainwall storefront and entrance systems comprising the outside skin and entrances of buildings. Large-Scale Optical Technologies segment manufactures value-added glass and acrylic products primarily for the custom picture framing market.