Mutual of America Capital Management LLC Purchases Shares of 3,863 Apogee Enterprises, Inc. (NASDAQ:APOG)

Mutual of America Capital Management LLC purchased a new stake in shares of Apogee Enterprises, Inc. (NASDAQ:APOG) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 3,863 shares of the industrial products company’s stock, valued at approximately $206,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale bought a new position in Apogee Enterprises during the 3rd quarter valued at $56,000. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of Apogee Enterprises during the 3rd quarter worth $231,000. Olympiad Research LP bought a new stake in shares of Apogee Enterprises during the 3rd quarter worth $234,000. Keybank National Association OH bought a new stake in shares of Apogee Enterprises during the 3rd quarter worth $273,000. Finally, Diversified Trust Co boosted its stake in shares of Apogee Enterprises by 7.8% during the 4th quarter. Diversified Trust Co now owns 6,127 shares of the industrial products company’s stock worth $327,000 after acquiring an additional 445 shares in the last quarter. 94.05% of the stock is owned by institutional investors.

Apogee Enterprises Stock Performance

APOG opened at $61.64 on Wednesday. The firm has a market cap of $1.36 billion, a PE ratio of 13.67 and a beta of 1.10. The company has a quick ratio of 1.18, a current ratio of 1.47 and a debt-to-equity ratio of 0.13. The business has a fifty day simple moving average of $57.38 and a 200-day simple moving average of $52.01. Apogee Enterprises, Inc. has a fifty-two week low of $36.62 and a fifty-two week high of $62.99.

Apogee Enterprises (NASDAQ:APOG) last released its quarterly earnings data on Thursday, April 18th. The industrial products company reported $1.14 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.17. The business had revenue of $361.80 million during the quarter, compared to analyst estimates of $337.84 million. Apogee Enterprises had a return on equity of 23.84% and a net margin of 7.03%. The company’s revenue was up 5.1% compared to the same quarter last year. During the same period last year, the company posted $0.86 EPS. As a group, equities analysts predict that Apogee Enterprises, Inc. will post 4.59 EPS for the current fiscal year.

Apogee Enterprises Company Profile

Apogee Enterprises, Inc designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical Technologies (LSO). The Architectural Framing Systems segment designs, engineers, fabricates, and installs custom glass and aluminum windows, curtainwalls, storefront, and entrance systems for the exterior of buildings primarily in the commercial, institutional, and multi-family residential construction sectors.