Peregrine Capital Management LLC Has $22.51 Million Position in NCI Building Systems, Inc. (NCS)

Peregrine Capital Management LLC cut its stake in shares of NCI Building Systems, Inc. (NYSE:NCS) by 0.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,347,961 shares of the construction company’s stock after selling 3,450 shares during the period. Peregrine Capital Management LLC owned about 1.90% of NCI Building Systems worth $22,511,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of NCS. Victory Capital Management Inc. increased its stake in shares of NCI Building Systems by 22.3% in the first quarter. Victory Capital Management Inc. now owns 6,594 shares of the construction company’s stock valued at $113,000 after buying an additional 1,203 shares during the last quarter. Eqis Capital Management Inc. bought a new stake in shares of NCI Building Systems during the second quarter valued at approximately $186,000. Parametric Portfolio Associates LLC boosted its stake in shares of NCI Building Systems by 28.8% in the first quarter. Parametric Portfolio Associates LLC now owns 13,796 shares of the construction company’s stock valued at $237,000 after buying an additional 3,082 shares during the period. Federated Investors Inc. PA boosted its stake in shares of NCI Building Systems by 86.0% in the fourth quarter. Federated Investors Inc. PA now owns 15,282 shares of the construction company’s stock valued at $239,000 after buying an additional 7,066 shares during the period. Finally, Nuveen Asset Management LLC boosted its stake in shares of NCI Building Systems by 18.6% in the first quarter. Nuveen Asset Management LLC now owns 16,438 shares of the construction company’s stock valued at $282,000 after buying an additional 2,581 shares during the period. 92.33% of the stock is currently owned by institutional investors and hedge funds.

Shares of NCI Building Systems, Inc. (NYSE NCS) traded down 1.816% during trading on Friday, reaching $17.575. 85,794 shares of the company’s stock were exchanged. The firm has a market capitalization of $1.25 billion, a PE ratio of 20.508 and a beta of 1.50. NCI Building Systems, Inc. has a 52 week low of $13.80 and a 52 week high of $18.10. The company’s 50-day moving average price is $17.18 and its 200 day moving average price is $16.60.

NCI Building Systems (NYSE:NCS) last posted its quarterly earnings data on Tuesday, June 6th. The construction company reported $0.16 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.04. NCI Building Systems had a net margin of 3.50% and a return on equity of 20.84%. The company had revenue of $420.50 million during the quarter, compared to analyst estimates of $409.24 million. During the same quarter last year, the firm posted $0.04 EPS. The business’s revenue for the quarter was up 13.0% on a year-over-year basis. Analysts predict that NCI Building Systems, Inc. will post $1.00 EPS for the current fiscal year.

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Several analysts recently commented on NCS shares. Royal Bank Of Canada upgraded shares of NCI Building Systems from a “sector perform” rating to an “outperform” rating and raised their price objective for the company from $18.00 to $20.00 in a research note on Tuesday, April 25th. Zacks Investment Research cut shares of NCI Building Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. Finally, TheStreet upgraded shares of NCI Building Systems from a “c” rating to a “b-” rating in a research note on Tuesday, June 6th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. NCI Building Systems presently has a consensus rating of “Buy” and an average price target of $18.50.

In other NCI Building Systems news, CFO Mark E. Johnson sold 20,000 shares of the company’s stock in a transaction dated Tuesday, April 25th. The shares were sold at an average price of $17.50, for a total transaction of $350,000.00. Following the completion of the sale, the chief financial officer now directly owns 228,399 shares of the company’s stock, valued at $3,996,982.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Norman C. Chambers sold 40,000 shares of the company’s stock in a transaction dated Tuesday, April 25th. The shares were sold at an average price of $17.50, for a total transaction of $700,000.00. The disclosure for this sale can be found here. 1.78% of the stock is currently owned by corporate insiders.

NCI Building Systems Company 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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