Paradigm Capital Management Inc. NY lessened its position in Ply Gem Holdings, Inc. (NYSE:PGEM) by 74.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 249,200 shares of the construction company’s stock after selling 712,481 shares during the period. Paradigm Capital Management Inc. NY owned about 0.36% of Ply Gem Holdings worth $4,249,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of PGEM. Pzena Investment Management LLC lifted its position in Ply Gem Holdings by 127.1% during the 3rd quarter. Pzena Investment Management LLC now owns 1,952,430 shares of the construction company’s stock worth $33,289,000 after buying an additional 1,092,714 shares in the last quarter. Principal Financial Group Inc. acquired a new position in Ply Gem Holdings during the 2nd quarter worth about $3,602,000. Vanguard Group Inc. lifted its position in Ply Gem Holdings by 7.6% during the 1st quarter. Vanguard Group Inc. now owns 2,080,933 shares of the construction company’s stock worth $40,993,000 after buying an additional 146,869 shares in the last quarter. LSV Asset Management lifted its position in Ply Gem Holdings by 225.3% during the 2nd quarter. LSV Asset Management now owns 158,079 shares of the construction company’s stock worth $2,837,000 after buying an additional 109,479 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in Ply Gem Holdings by 53.2% during the 1st quarter. Bank of America Corp DE now owns 223,587 shares of the construction company’s stock worth $4,405,000 after buying an additional 77,653 shares in the last quarter. Institutional investors own 30.31% of the company’s stock.

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Shares of Ply Gem Holdings, Inc. (NYSE PGEM) traded down $0.20 during trading hours on Monday, reaching $16.95. The company’s stock had a trading volume of 122,300 shares, compared to its average volume of 161,542. The company has a market cap of $1,160.55, a PE ratio of 17.84 and a beta of 2.51. Ply Gem Holdings, Inc. has a 12-month low of $14.10 and a 12-month high of $20.00. The company has a debt-to-equity ratio of 13.73, a current ratio of 1.92 and a quick ratio of 1.28.

Ply Gem Holdings (NYSE:PGEM) last announced its quarterly earnings results on Monday, November 6th. The construction company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.04). The company had revenue of $564.66 million during the quarter, compared to the consensus estimate of $563.96 million. Ply Gem Holdings had a net margin of 3.02% and a return on equity of 240.74%. The business’s revenue was up 6.5% compared to the same quarter last year. During the same period last year, the company earned $0.75 earnings per share. sell-side analysts expect that Ply Gem Holdings, Inc. will post 1.09 EPS for the current fiscal year.

PGEM has been the topic of several research reports. Royal Bank Of Canada reiterated a “buy” rating and set a $19.00 price target on shares of Ply Gem Holdings in a research report on Tuesday, November 7th. BidaskClub raised Ply Gem Holdings from a “hold” rating to a “buy” rating in a report on Thursday, September 28th. Zacks Investment Research raised Ply Gem Holdings from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 11th. KeyCorp reissued a “hold” rating on shares of Ply Gem Holdings in a report on Tuesday, October 24th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and set a $19.00 price objective (down from $20.00) on shares of Ply Gem Holdings in a report on Tuesday, August 8th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. Ply Gem Holdings has an average rating of “Hold” and an average target price of $19.00.

Ply Gem Holdings Company Profile

Ply Gem Holdings, Inc is a manufacturer of exterior building products in North America. The Company operates through two segments: Siding, Fencing, and Stone, and Windows and Doors. In the Siding, Fencing, and Stone segment, its principal products include vinyl siding and skirting, vinyl and aluminum soffit, aluminum trim coil, cellular PVC trim and moldings, J-channels, wide crown molding, window and door trim, F-channels, H-molds, fascia, undersill trims, outside/inside corner posts, rain removal systems, injection molded designer accents, such as shakes, shingles, scallops, shutters, vents and mounts, vinyl fence, vinyl railing and stone veneer in the United States and Canada.

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Institutional Ownership by Quarter for Ply Gem Holdings (NYSE:PGEM)

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