Renaissance Technologies LLC lowered its stake in shares of NCI Building Systems, Inc. (NYSE:NCS) by 4.9% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 2,034,400 shares of the construction company’s stock after selling 105,620 shares during the period. Renaissance Technologies LLC owned approximately 2.87% of NCI Building Systems worth $33,974,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in NCS. Elk Creek Partners LLC acquired a new position in shares of NCI Building Systems during the second quarter valued at about $7,070,000. Thrivent Financial For Lutherans raised its position in shares of NCI Building Systems by 496.5% during the second quarter. Thrivent Financial For Lutherans now owns 320,166 shares of the construction company’s stock valued at $5,347,000 after buying an additional 266,496 shares during the last quarter. Prudential Financial Inc. raised its position in shares of NCI Building Systems by 548.6% during the first quarter. Prudential Financial Inc. now owns 312,359 shares of the construction company’s stock valued at $5,356,000 after buying an additional 264,200 shares during the last quarter. Menta Capital LLC raised its position in shares of NCI Building Systems by 336.9% during the first quarter. Menta Capital LLC now owns 203,696 shares of the construction company’s stock valued at $3,493,000 after buying an additional 157,068 shares during the last quarter. Finally, Northern Trust Corp raised its position in shares of NCI Building Systems by 38.7% during the second quarter. Northern Trust Corp now owns 539,235 shares of the construction company’s stock valued at $9,006,000 after buying an additional 150,432 shares during the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have recently commented on NCS shares. Barclays PLC reaffirmed a “buy” rating and set a $16.00 price objective (down previously from $19.00) on shares of NCI Building Systems in a research report on Friday, September 8th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $20.00 price objective on shares of NCI Building Systems in a research report on Tuesday, July 18th. BidaskClub lowered shares of NCI Building Systems from a “hold” rating to a “sell” rating in a research report on Saturday, August 19th. Finally, 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. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $18.13.

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

Shares of NCI Building Systems, Inc. (NYSE NCS) opened at 15.90 on Thursday. The company has a 50-day moving average of $15.54 and a 200-day moving average of $16.69. The company has a market cap of $1.13 billion, a PE ratio of 20.18 and a beta of 1.55. NCI Building Systems, Inc. has a 1-year low of $13.05 and a 1-year high of $18.60.

NCI Building Systems (NYSE:NCS) last issued its quarterly earnings data on Wednesday, September 6th. The construction company reported $0.27 earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $469.40 million during the quarter, compared to analyst estimates of $495.21 million. During the same quarter last year, the firm earned $0.33 EPS. NCI Building Systems’s revenue for the quarter was up 1.5% compared to the same quarter last year. Equities analysts forecast that NCI Building Systems, Inc. will post $0.80 EPS for the current year.

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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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