Parametric Portfolio Associates LLC raised its position in NCI Building Systems, Inc. (NYSE:NCS) by 28.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,796 shares of the construction company’s stock after buying an additional 3,082 shares during the period. Parametric Portfolio Associates LLC’s holdings in NCI Building Systems were worth $237,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. Norges Bank purchased a new stake in shares of NCI Building Systems during the fourth quarter worth approximately $14,637,000. Dimensional Fund Advisors LP boosted its stake in shares of NCI Building Systems by 17.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,323,509 shares of the construction company’s stock worth $20,713,000 after buying an additional 197,587 shares during the last quarter. SeaBridge Investment Advisors LLC purchased a new stake in shares of NCI Building Systems during the first quarter worth approximately $3,329,000. Skylands Capital LLC boosted its stake in shares of NCI Building Systems by 494.6% in the first quarter. Skylands Capital LLC now owns 198,600 shares of the construction company’s stock worth $3,406,000 after buying an additional 165,200 shares during the last quarter. Finally, Monarch Partners Asset Management LLC purchased a new stake in shares of NCI Building Systems during the first quarter worth approximately $2,752,000. 93.56% of the stock is owned by institutional investors.
Shares of NCI Building Systems, Inc. (NYSE NCS) opened at 16.60 on Friday. NCI Building Systems, Inc. has a 1-year low of $13.80 and a 1-year high of $18.60. The company has a 50-day moving average of $17.49 and a 200-day moving average of $16.82. The firm has a market cap of $1.18 billion, a PE ratio of 19.37 and a beta of 1.51.
NCI Building Systems (NYSE:NCS) last announced its quarterly earnings data on Tuesday, June 6th. The construction company reported $0.16 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.04. NCI Building Systems had a return on equity of 20.84% and a net margin of 3.50%. The firm had revenue of $420.50 million for the quarter, compared to analyst estimates of $409.24 million. During the same quarter in the prior year, the company posted $0.04 earnings per share. NCI Building Systems’s quarterly revenue was up 13.0% on a year-over-year basis. Analysts predict that NCI Building Systems, Inc. will post $1.00 earnings per share for the current fiscal year.
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A number of equities research analysts have recently commented on NCS shares. TheStreet raised shares of NCI Building Systems from a “c” rating to a “b-” rating in a research note on Tuesday, June 6th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $20.00 price objective on shares of NCI Building Systems in a research note on Tuesday, July 18th. Finally, Zacks Investment Research cut shares of NCI Building Systems from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. NCI Building Systems presently has a consensus rating of “Buy” and an average price target of $18.50.
In related news, insider Norman C. Chambers sold 45,000 shares of the company’s stock in a transaction on Thursday, July 20th. The stock was sold at an average price of $17.74, for a total transaction of $798,300.00. Following the transaction, the insider now owns 476,403 shares of the company’s stock, valued at $8,451,389.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.78% of the company’s stock.
NCI Building Systems Company Profile
NCI Building Systems, Inc is a manufacturer and marketer of metal products in North America. The Company’s operating segments include Engineered building systems, Metal components and Metal coil coating. The Engineered building systems segment is engaged in the manufacturing of main frames and long bay systems, and engineering and drafting.
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