Bank of New York Mellon Corp increased its position in shares of NCI Building Systems, Inc. (NYSE:NCS) by 11.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 194,978 shares of the construction company’s stock after purchasing an additional 19,825 shares during the period. Bank of New York Mellon Corp owned approximately 0.28% of NCI Building Systems worth $3,256,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NCS. Victory Capital Management Inc. raised its holdings in NCI Building Systems by 22.3% during the first quarter. Victory Capital Management Inc. now owns 6,594 shares of the construction company’s stock worth $113,000 after purchasing an additional 1,203 shares in the last quarter. Eqis Capital Management Inc. acquired a new position in NCI Building Systems during the second quarter worth about $186,000. Parametric Portfolio Associates LLC grew its position in NCI Building Systems by 28.8% during the first quarter. Parametric Portfolio Associates LLC now owns 13,796 shares of the construction company’s stock worth $237,000 after buying an additional 3,082 shares during the period. Nuveen Asset Management LLC grew its position in NCI Building Systems by 18.6% during the first quarter. Nuveen Asset Management LLC now owns 16,438 shares of the construction company’s stock worth $282,000 after buying an additional 2,581 shares during the period. Finally, Nisa Investment Advisors LLC grew its position in NCI Building Systems by 3.4% during the second quarter. Nisa Investment Advisors LLC now owns 16,880 shares of the construction company’s stock worth $282,000 after buying an additional 550 shares during the period. 93.45% of the stock is owned by hedge funds and other institutional investors.

NCS has been the topic of several recent analyst reports. Barclays PLC restated a “buy” rating and set a $16.00 target price (down from $19.00) on shares of NCI Building Systems in a research report on Friday, September 8th. Royal Bank Of Canada restated a “buy” rating and set a $20.00 target price on shares of NCI Building Systems in a research report on Tuesday, July 18th. Zacks Investment Research lowered shares of NCI Building Systems from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Finally, BidaskClub lowered shares of NCI Building Systems from a “hold” rating to a “sell” rating in a research report on Saturday, August 19th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. NCI Building Systems presently has an average rating of “Hold” and an average target price of $18.13.

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NCI Building Systems, Inc. (NYSE NCS) opened at 15.50 on Tuesday. NCI Building Systems, Inc. has a 12 month low of $13.05 and a 12 month high of $18.60. The firm’s 50-day moving average is $15.46 and its 200 day moving average is $16.69. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 19.67 and a beta of 1.55.

NCI Building Systems (NYSE:NCS) last released its quarterly earnings results on Wednesday, September 6th. The construction company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). NCI Building Systems had a return on equity of 18.31% and a net margin of 3.18%. The company had revenue of $469.40 million for the quarter, compared to the consensus estimate of $495.21 million. During the same quarter last year, the firm posted $0.33 earnings per share. The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. Equities analysts predict that NCI Building Systems, Inc. will post $0.80 earnings per share for the current year.

In other NCI Building Systems news, EVP Todd R. Moore sold 6,000 shares of the business’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $13.75, for a total transaction of $82,500.00. Following the sale, the executive vice president now directly owns 82,458 shares in the company, valued at approximately $1,133,797.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James S. Metcalf purchased 30,000 shares of the company’s stock in a transaction on Monday, September 11th. The shares were bought at an average price of $13.42 per share, for a total transaction of $402,600.00. Following the completion of the transaction, the director now directly owns 30,000 shares in the company, valued at approximately $402,600. The disclosure for this purchase can be found here. 1.78% of the stock is currently owned by insiders.

NCI Building Systems 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.

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

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