Janus Henderson Group PLC bought a new position in NCI Building Systems Inc (NYSE:NCS) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 10,407 shares of the construction company’s stock, valued at approximately $64,000.
Several other institutional investors have also bought and sold shares of the business. Dupont Capital Management Corp lifted its position in shares of NCI Building Systems by 284.6% in the first quarter. Dupont Capital Management Corp now owns 139,252 shares of the construction company’s stock valued at $858,000 after acquiring an additional 103,047 shares in the last quarter. Assenagon Asset Management S.A. lifted its position in shares of NCI Building Systems by 130.5% in the first quarter. Assenagon Asset Management S.A. now owns 875,785 shares of the construction company’s stock valued at $5,395,000 after acquiring an additional 495,761 shares in the last quarter. BNP Paribas Arbitrage SA lifted its position in shares of NCI Building Systems by 1,100.7% in the first quarter. BNP Paribas Arbitrage SA now owns 8,993 shares of the construction company’s stock valued at $55,000 after acquiring an additional 8,244 shares in the last quarter. Oppenheimer & Co. Inc. purchased a new position in shares of NCI Building Systems in the first quarter valued at about $62,000. Finally, Strs Ohio purchased a new position in shares of NCI Building Systems in the first quarter valued at about $610,000. 93.67% of the stock is owned by institutional investors and hedge funds.
In other news, EVP Todd R. Moore sold 16,000 shares of NCI Building Systems stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $6.31, for a total value of $100,960.00. Following the sale, the executive vice president now directly owns 138,774 shares of the company’s stock, valued at $875,663.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gary L. Forbes bought 8,000 shares of NCI Building Systems stock in a transaction dated Wednesday, March 27th. The stock was purchased at an average cost of $5.97 per share, for a total transaction of $47,760.00. Following the completion of the acquisition, the director now directly owns 92,661 shares of the company’s stock, valued at approximately $553,186.17. The disclosure for this purchase can be found here. Insiders bought 141,000 shares of company stock worth $850,802 over the last ninety days. Insiders own 1.54% of the company’s stock.
Shares of NCS stock opened at $5.62 on Friday. NCI Building Systems Inc has a 12-month low of $5.39 and a 12-month high of $23.35. The company has a current ratio of 1.72, a quick ratio of 0.99 and a debt-to-equity ratio of 3.89. The stock has a market capitalization of $705.39 million, a PE ratio of 3.88, a PEG ratio of 0.68 and a beta of 1.82.
NCI Building Systems (NYSE:NCS) last issued its earnings results on Wednesday, May 8th. The construction company reported ($0.28) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.30). NCI Building Systems had a return on equity of 33.27% and a net margin of 3.15%. The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same period last year, the firm posted $0.14 earnings per share. The company’s revenue for the quarter was up 152.7% compared to the same quarter last year.
NCS has been the topic of several research analyst reports. Barclays set a $9.00 price objective on NCI Building Systems and gave the company a “hold” rating in a research report on Friday, February 15th. Seaport Global Securities restated a “buy” rating on shares of NCI Building Systems in a research report on Sunday, May 12th. Finally, DA Davidson downgraded NCI Building Systems from a “neutral” rating to an “underperform” rating and set a $4.00 price objective on the stock. in a research report on Tuesday, February 19th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $7.80.
ILLEGAL ACTIVITY WARNING: “Janus Henderson Group PLC Buys New Holdings in NCI Building Systems Inc (NCS)” was originally posted by Enterprise Leader and is the property of of Enterprise Leader. If you are reading this report on another site, it was stolen and republished in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://theenterpriseleader.com/2019/05/25/janus-henderson-group-plc-buys-new-holdings-in-nci-building-systems-inc-ncs.html.
NCI Building Systems Profile
NCI Building Systems, Inc designs, engineers, manufactures, and markets metal products for the nonresidential construction industry in North America. It operates in four segments: Engineered Building Systems, Metal Components, Insulated Metal Panels, and Metal Coil Coating. The Engineered Building Systems segment offers engineered structural members and panels; and self-storage building systems under the Metallic, Mid-West Steel, A & S, All American, Mesco, Star, Ceco, Robertson, Garco, Heritage, and SteelBuilding.com brands to builders, general contractors, developers, and end users directly, as well as through private label companies.
Further Reading: Diversification in Your Portfolio
Want to see what other hedge funds are holding NCS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NCI Building Systems Inc (NYSE:NCS).
Receive News & Ratings for NCI Building Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NCI Building Systems and related companies with MarketBeat.com's FREE daily email newsletter.