UBS Asset Management Americas Inc. cut its holdings in shares of NCI Building Systems, Inc. (NYSE:NCS) by 6.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 639,949 shares of the construction company’s stock after selling 44,847 shares during the quarter. UBS Asset Management Americas Inc. owned about 0.90% of NCI Building Systems worth $10,687,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Royce & Associates LP increased its holdings in shares of NCI Building Systems by 7.8% during the 2nd quarter. Royce & Associates LP now owns 1,448,241 shares of the construction company’s stock worth $24,186,000 after acquiring an additional 104,532 shares during the last quarter. Prudential Financial Inc. increased its holdings in shares of NCI Building Systems by 548.6% during the 1st quarter. Prudential Financial Inc. now owns 312,359 shares of the construction company’s stock worth $5,356,000 after acquiring an additional 264,200 shares during the last quarter. Elk Creek Partners LLC acquired a new position in shares of NCI Building Systems during the 2nd quarter worth approximately $7,070,000. Russell Investments Group Ltd. acquired a new position in shares of NCI Building Systems during the 2nd quarter worth approximately $878,000. Finally, Foresters Investment Management Company Inc. increased its holdings in shares of NCI Building Systems by 1.2% during the 1st quarter. Foresters Investment Management Company Inc. now owns 492,500 shares of the construction company’s stock worth $8,446,000 after acquiring an additional 5,700 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

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

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

NCI Building Systems, Inc. (NYSE NCS) opened at 15.55 on Friday. The firm has a 50-day moving average price of $15.50 and a 200-day moving average price of $16.68. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 19.73 and a beta of 1.55. NCI Building Systems, Inc. has a one year low of $13.05 and a one year high of $18.60.

NCI Building Systems (NYSE:NCS) last released its earnings results on Wednesday, September 6th. The construction company reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks’ 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 firm had revenue of $469.40 million during the quarter, compared to analysts’ expectations of $495.21 million. During the same period in the prior year, the business earned $0.33 earnings per share. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. Analysts expect that NCI Building Systems, Inc. will post $0.80 EPS for the current year.

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.

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

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