GRT Capital Partners L.L.C. Cuts Stake in NCI Building Systems, Inc. (NCS)

GRT Capital Partners L.L.C. lowered its position in NCI Building Systems, Inc. (NYSE:NCS) by 68.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,897 shares of the company’s stock after selling 73,543 shares during the period. GRT Capital Partners L.L.C.’s holdings in NCI Building Systems were worth $530,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Catalyst Capital Advisors LLC acquired a new stake in shares of NCI Building Systems during the third quarter worth $117,000. Quantbot Technologies LP bought a new position in shares of NCI Building Systems during the third quarter valued at about $137,000. Acrospire Investment Management LLC increased its position in shares of NCI Building Systems by 5.6% in the third quarter. Acrospire Investment Management LLC now owns 13,208 shares of the company’s stock valued at $193,000 after buying an additional 700 shares in the last quarter. Campbell & CO Investment Adviser LLC bought a new position in shares of NCI Building Systems during the third quarter valued at about $215,000. Finally, Cetera Advisors LLC bought a new position in shares of NCI Building Systems during the third quarter valued at about $253,000. 94.88% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for NCI Building Systems (NYSE:NCS)

Shares of NCI Building Systems, Inc. (NYSE:NCS) traded up 0.470% during trading on Tuesday, reaching $16.025. 55,594 shares of the company’s stock were exchanged. NCI Building Systems, Inc. has a 52-week low of $9.17 and a 52-week high of $18.10. The firm has a market capitalization of $1.14 billion, a P/E ratio of 22.926 and a beta of 1.64. The company has a 50 day moving average of $15.99 and a 200 day moving average of $15.79.

NCI Building Systems (NYSE:NCS) last issued its quarterly earnings results on Thursday, December 8th. The company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.31 by $0.03. NCI Building Systems had a return on equity of 18.84% and a net margin of 3.01%. The business had revenue of $480.30 million for the quarter, compared to analyst estimates of $484.48 million. During the same quarter in the prior year, the firm earned $0.31 EPS. Equities analysts anticipate that NCI Building Systems, Inc. will post $0.97 earnings per share for the current fiscal year.

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Several research firms have commented on NCS. Zacks Investment Research cut shares of NCI Building Systems from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Seaport Global Securities assumed coverage on shares of NCI Building Systems in a research note on Tuesday, January 10th. They set a “buy” rating and a $20.00 price objective for the company. Finally, Barclays PLC assumed coverage on shares of NCI Building Systems in a research note on Thursday, January 5th. They set an “overweight” rating and a $19.00 price objective for the company. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. NCI Building Systems currently has a consensus rating of “Buy” and a consensus target price of $17.39.

In related news, CAO Bradley Scott Little sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, January 24th. The shares were sold at an average price of $15.96, for a total transaction of $39,900.00. Following the completion of the transaction, the chief accounting officer now owns 25,909 shares in the company, valued at $413,507.64. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Norman C. Chambers sold 171,223 shares of the business’s stock in a transaction that occurred on Wednesday, November 16th. The shares were sold at an average price of $16.67, for a total transaction of $2,854,287.41. Following the transaction, the chief executive officer now owns 743,088 shares of the company’s stock, valued at approximately $12,387,276.96. The disclosure for this sale can be found here. In the last quarter, insiders have sold 348,391 shares of company stock valued at $5,925,687. 1.78% of the stock is owned by corporate insiders.

About NCI Building Systems

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.

5 Day Chart for NYSE:NCS

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