Bank of New York Mellon Corp increased its holdings in NCI Building Systems Inc (NYSE:NCS) by 2.4% in the 4th quarter, HoldingsChannel reports. The firm owned 232,655 shares of the construction company’s stock after buying an additional 5,543 shares during the quarter. Bank of New York Mellon Corp’s holdings in NCI Building Systems were worth $1,687,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of NCS. Signition LP acquired a new stake in shares of NCI Building Systems during the fourth quarter worth approximately $76,000. Moneta Group Investment Advisors LLC increased its holdings in shares of NCI Building Systems by 22.2% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 19,310 shares of the construction company’s stock worth $140,000 after buying an additional 3,510 shares in the last quarter. Paloma Partners Management Co acquired a new stake in shares of NCI Building Systems during the third quarter worth approximately $190,000. Meeder Asset Management Inc. increased its holdings in shares of NCI Building Systems by 118.1% during the fourth quarter. Meeder Asset Management Inc. now owns 26,994 shares of the construction company’s stock worth $197,000 after buying an additional 14,619 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of NCI Building Systems during the third quarter worth approximately $274,000. 94.62% of the stock is owned by hedge funds and other institutional investors.

In other NCI Building Systems news, Director Gary L. Forbes acquired 4,750 shares of NCI Building Systems stock in a transaction on Thursday, February 14th. The shares were purchased at an average cost of $8.06 per share, with a total value of $38,285.00. Following the completion of the purchase, the director now owns 84,661 shares in the company, valued at $682,367.66. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Todd R. Moore sold 16,000 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $6.31, for a total transaction of $100,960.00. Following the completion of the transaction, the executive vice president now directly owns 138,774 shares in the company, valued at $875,663.94. The disclosure for this sale can be found here. Insiders have bought 32,750 shares of company stock worth $221,525 over the last three months. 1.54% of the stock is owned by insiders.

Several analysts have recently weighed in on NCS shares. Barclays set a $9.00 price objective on shares of NCI Building Systems and gave the stock a “hold” rating in a report on Friday, February 15th. Seaport Global Securities set a $10.00 price target on shares of NCI Building Systems and gave the company a “buy” rating in a research note on Sunday, December 30th. Citigroup decreased their price target on shares of NCI Building Systems from $14.00 to $8.00 and set a “neutral” rating on the stock in a research note on Friday, January 4th. ValuEngine cut shares of NCI Building Systems from a “sell” rating to a “strong sell” rating in a research note on Wednesday, January 2nd. Finally, UBS Group cut shares of NCI Building Systems from a “buy” rating to a “neutral” rating and decreased their price target for the company from $23.00 to $8.00 in a research note on Thursday, January 17th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. NCI Building Systems currently has an average rating of “Hold” and an average price target of $7.80.

NCS opened at $5.70 on Wednesday. NCI Building Systems Inc has a one year low of $5.48 and a one year high of $23.35. The company has a current ratio of 1.76, a quick ratio of 1.00 and a debt-to-equity ratio of 1.22. The company has a market cap of $696.39 million, a PE ratio of 3.93, a P/E/G ratio of 0.56 and a beta of 1.88.

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NCI Building Systems Company 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.

Read More: Intrinsic Value and Stock Selection

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

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