Trade Report: Today, Quantbot Technologies LP Buys 9,444 Shares of NCI Building Systems Inc. (NCS)

Today, Quantbot Technologies LP Buys 9,444  Shares of NCI Building Systems Inc. (NCS)

Quantbot Technologies LP purchased a new stake in shares of NCI Building Systems Inc. (NYSE:NCS) during the third quarter, Holdings Channel reports. The fund purchased 9,444 shares of the company’s stock, valued at approximately $137,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Acadian Asset Management LLC bought a new position in NCI Building Systems during the second quarter valued at $130,000. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp acquired a new position in shares of NCI Building Systems during the second quarter valued at approximately $181,000. Acrospire Investment Management LLC boosted its position in shares of NCI Building Systems by 44.3% in the second quarter. Acrospire Investment Management LLC now owns 12,508 shares of the company’s stock valued at $200,000 after buying an additional 3,842 shares during the last quarter. BlackRock Inc. boosted its position in shares of NCI Building Systems by 349.4% in the second quarter. BlackRock Inc. now owns 12,793 shares of the company’s stock valued at $205,000 after buying an additional 9,946 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC acquired a new position in shares of NCI Building Systems during the second quarter valued at approximately $240,000.

Shares of NCI Building Systems Inc. (NYSE:NCS) traded down 0.29% during mid-day trading on Friday, reaching $17.35. 186,536 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $15.22 and its 200 day moving average price is $15.76. The company has a market cap of $1.24 billion, a PE ratio of 25.70 and a beta of 1.60. NCI Building Systems Inc. has a 52-week low of $9.07 and a 52-week high of $17.85.

NCI Building Systems (NYSE:NCS) last released its quarterly earnings data on Tuesday, August 30th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.04. The company earned $462.40 million during the quarter, compared to analyst estimates of $450.46 million. NCI Building Systems had a net margin of 3.00% and a return on equity of 20.05%. NCI Building Systems’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.15 EPS. On average, equities research analysts predict that NCI Building Systems Inc. will post $0.75 EPS for the current year.

Several research analysts recently commented on the stock. Zacks Investment Research upgraded shares of NCI Building Systems from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a report on Thursday, August 25th. DA Davidson set a $17.00 target price on shares of NCI Building Systems and gave the stock a “hold” rating in a report on Wednesday, August 31st. Citigroup Inc. restated a “neutral” rating and set a $16.50 target price on shares of NCI Building Systems in a report on Wednesday, October 12th. Finally, TheStreet upgraded shares of NCI Building Systems from a “hold” rating to a “buy” rating in a report on Tuesday, August 30th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. NCI Building Systems currently has an average rating of “Hold” and an average target price of $16.79.

In other news, insider Robert Daniel Ronchetto sold 2,500 shares of NCI Building Systems stock in a transaction on Tuesday, August 30th. The shares were sold at an average price of $17.75, for a total value of $44,375.00. Following the completion of the sale, the insider now owns 40,713 shares in the company, valued at approximately $722,655.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Norman C. Chambers sold 171,223 shares of NCI Building Systems stock in a transaction on Wednesday, November 16th. The shares were sold at an average price of $16.67, for a total transaction of $2,854,287.41. Following the completion of the sale, the chief executive officer now owns 743,088 shares of the company’s stock, valued at approximately $12,387,276.96. The disclosure for this sale can be found here. 4.49% of the stock is currently owned by insiders.

NCI Building Systems Company Profile

NCI Building Systems, Inc is a manufacturer and marketer of metal products for the non-residential construction industry. The Company operates through three segments: engineered building systems, metal components and metal coil coating. The metal coil coating segment consists of cleaning, treating, painting and slitting continuous steel coils before the steel is fabricated for use by construction and industrial users.

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