Monarch Partners Asset Management LLC raised its position in shares of NCI Building Systems, Inc. (NYSE:NCS) by 27.4% during the second quarter, Holdings Channel reports. The institutional investor owned 204,520 shares of the construction company’s stock after buying an additional 44,040 shares during the period. Monarch Partners Asset Management LLC’s holdings in NCI Building Systems were worth $3,415,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of NCS. Norges Bank acquired a new position in shares of NCI Building Systems during the fourth quarter worth about $14,637,000. ACK Asset Management LLC boosted its position in shares of NCI Building Systems by 87.7% in the first quarter. ACK Asset Management LLC now owns 950,650 shares of the construction company’s stock worth $15,669,000 after buying an additional 444,143 shares in the last quarter. Prudential Financial Inc. boosted its position in shares of NCI Building Systems by 548.6% in the first quarter. Prudential Financial Inc. now owns 312,359 shares of the construction company’s stock worth $5,356,000 after buying an additional 264,200 shares in the last quarter. SeaBridge Investment Advisors LLC acquired a new position in shares of NCI Building Systems during the first quarter worth about $3,329,000. Finally, Cortina Asset Management LLC acquired a new position in shares of NCI Building Systems during the first quarter worth about $2,879,000. Hedge funds and other institutional investors own 93.20% of the company’s stock.

NCI Building Systems, Inc. (NCS) opened at 17.55 on Friday. NCI Building Systems, Inc. has a 12-month low of $13.80 and a 12-month high of $18.60. The company’s 50-day moving average is $17.47 and its 200 day moving average is $16.79. The stock has a market capitalization of $1.24 billion, a PE ratio of 20.48 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 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.04. NCI Building Systems had a net margin of 3.50% and a return on equity of 20.84%. The company had revenue of $420.50 million for the quarter, compared to the consensus estimate of $409.24 million. During the same period in the prior year, the firm posted $0.04 EPS. NCI Building Systems’s revenue for the quarter was up 13.0% on a year-over-year basis. On average, equities research analysts expect that NCI Building Systems, Inc. will post $1.00 earnings per share for the current fiscal year.

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A number of research analysts have recently issued reports on NCS shares. Zacks Investment Research cut shares of NCI Building Systems from a “buy” rating to a “hold” rating in a report on Tuesday, May 9th. Royal Bank Of Canada upgraded shares of NCI Building Systems from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from $18.00 to $20.00 in a report on Tuesday, April 25th. Finally, TheStreet upgraded shares of NCI Building Systems from a “c” rating to a “b-” rating in a report on Tuesday, June 6th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $18.50.

In related news, insider Norman C. Chambers sold 45,000 shares of the stock in a transaction dated Thursday, July 20th. The shares were sold at an average price of $17.74, for a total transaction of $798,300.00. Following the sale, the insider now directly owns 476,403 shares of the company’s stock, valued at approximately $8,451,389.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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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Institutional Ownership by Quarter for NCI Building Systems (NYSE:NCS)

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