Boston Partners Continues to Hold Position in NCI Building Systems Inc (NCS)

Boston Partners continued to hold its stake in shares of NCI Building Systems Inc (NYSE:NCS) during the first quarter, Holdings Channel reports. The fund owned 237,194 shares of the construction company’s stock at the end of the first quarter. Boston Partners owned approximately 0.33% of NCI Building Systems worth $4,068,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Renaissance Technologies LLC increased its stake in shares of NCI Building Systems by 7.6% in the fourth quarter. Renaissance Technologies LLC now owns 2,022,000 shares of the construction company’s stock valued at $31,644,000 after buying an additional 142,400 shares during the period. Copper Rock Capital Partners LLC increased its stake in shares of NCI Building Systems by 1.8% in the first quarter. Copper Rock Capital Partners LLC now owns 1,653,414 shares of the construction company’s stock valued at $28,604,000 after buying an additional 28,518 shares during the period. Peregrine Capital Management LLC increased its stake in shares of NCI Building Systems by 7.3% in the first quarter. Peregrine Capital Management LLC now owns 1,351,411 shares of the construction company’s stock valued at $22,096,000 after buying an additional 91,425 shares during the period. Dimensional Fund Advisors LP increased 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 valued at $20,713,000 after buying an additional 197,587 shares during the period. Finally, Royce & Associates LP increased its stake in shares of NCI Building Systems by 9.9% in the fourth quarter. Royce & Associates LP now owns 1,293,107 shares of the construction company’s stock valued at $20,237,000 after buying an additional 116,056 shares during the period. Hedge funds and other institutional investors own 94.88% of the company’s stock.

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

Shares of NCI Building Systems Inc (NYSE:NCS) traded up 1.952% on Friday, hitting $16.975. 97,182 shares of the stock traded hands. NCI Building Systems Inc has a 52 week low of $13.80 and a 52 week high of $18.10. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 26.035 and a beta of 1.64. The stock has a 50 day moving average price of $16.94 and a 200-day moving average price of $16.31.

NCI Building Systems (NYSE:NCS) last announced its quarterly earnings results on Tuesday, March 7th. The construction company reported $0.05 EPS for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.02. The company had revenue of $391.70 million for the quarter, compared to analysts’ expectations of $379.84 million. NCI Building Systems had a net margin of 3.01% and a return on equity of 18.84%. NCI Building Systems’s revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.07 EPS. On average, equities research analysts forecast that NCI Building Systems Inc will post $0.98 EPS for the current year.

TRADEMARK VIOLATION NOTICE: This piece of content was first reported by sleekmoney and is the sole property of of sleekmoney. If you are viewing this piece of content on another domain, it was illegally stolen and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at https://sleekmoney.com/boston-partners-continues-to-hold-position-in-nci-building-systems-inc-ncs/1836020.html.

Several equities research analysts have issued reports on NCS shares. TheStreet downgraded shares of NCI Building Systems from a “b-” rating to a “c” rating in a research report on Tuesday, March 7th. Royal Bank of Canada upgraded shares of NCI Building Systems from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from $18.00 to $20.00 in a research report on Tuesday, April 25th. Finally, Zacks Investment Research downgraded shares of NCI Building Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, May 9th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. NCI Building Systems currently has an average rating of “Buy” and an average target price of $18.31.

In related news, CEO Norman C. Chambers sold 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 25th. The shares were sold at an average price of $17.50, for a total transaction of $700,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Mark E. Johnson sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 25th. The shares were sold at an average price of $17.50, for a total transaction of $350,000.00. Following the sale, the chief financial officer now owns 228,399 shares in the company, valued at $3,996,982.50. The disclosure for this sale can be found here. 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.

5 Day Chart for NYSE:NCS

Want to see what other hedge funds are holding NCS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NCI Building Systems Inc (NYSE:NCS).

This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/boston-partners-continues-to-hold-position-in-nci-building-systems-inc-ncs/1836020.html

Receive News & Ratings for NCI Building Systems Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NCI Building Systems Inc and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *