State of Alaska Department of Revenue Has $521,000 Position in Apogee Enterprises, Inc. $APOG

State of Alaska Department of Revenue boosted its stake in shares of Apogee Enterprises, Inc. (NASDAQ:APOG) by 5.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,850 shares of the industrial products company’s stock after acquiring an additional 686 shares during the quarter. State of Alaska Department of Revenue owned 0.06% of Apogee Enterprises worth $521,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its stake in shares of Apogee Enterprises by 82.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,549 shares of the industrial products company’s stock valued at $396,000 after buying an additional 2,504 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Apogee Enterprises by 1,594.7% in the first quarter. GAMMA Investing LLC now owns 10,795 shares of the industrial products company’s stock valued at $500,000 after buying an additional 10,158 shares in the last quarter. Wedge Capital Management L L P NC increased its stake in shares of Apogee Enterprises by 65.4% in the first quarter. Wedge Capital Management L L P NC now owns 26,372 shares of the industrial products company’s stock valued at $1,222,000 after buying an additional 10,426 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Apogee Enterprises in the first quarter valued at $280,000. Finally, Assenagon Asset Management S.A. acquired a new stake in shares of Apogee Enterprises in the first quarter valued at $691,000. 94.05% of the stock is currently owned by institutional investors and hedge funds.

Apogee Enterprises Price Performance

Shares of APOG opened at $43.32 on Thursday. The company has a current ratio of 1.77, a quick ratio of 1.36 and a debt-to-equity ratio of 0.65. Apogee Enterprises, Inc. has a 1 year low of $37.53 and a 1 year high of $87.93. The stock has a market cap of $932.68 million, a P/E ratio of 18.51 and a beta of 1.06. The stock’s 50-day moving average price is $43.17 and its two-hundred day moving average price is $42.43.

Wall Street Analyst Weigh In

APOG has been the subject of a number of research reports. Weiss Ratings restated a “hold (c-)” rating on shares of Apogee Enterprises in a research note on Wednesday. DA Davidson lowered their target price on Apogee Enterprises from $47.00 to $45.00 and set a “neutral” rating for the company in a research note on Tuesday, July 1st. Finally, Wall Street Zen cut Apogee Enterprises from a “buy” rating to a “hold” rating in a report on Saturday, September 13th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Apogee Enterprises presently has an average rating of “Hold” and a consensus target price of $45.00.

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).