Nordea Investment Management AB lifted its position in shares of NCI Building Systems Inc (NYSE:NCS) by 4.0% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 301,132 shares of the construction company’s stock after buying an additional 11,468 shares during the period. Nordea Investment Management AB’s holdings in NCI Building Systems were worth $2,183,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Macquarie Group Ltd. raised its stake in NCI Building Systems by 24.9% during the fourth quarter. Macquarie Group Ltd. now owns 111,975 shares of the construction company’s stock worth $812,000 after purchasing an additional 22,356 shares during the period. Legal & General Group Plc raised its stake in shares of NCI Building Systems by 2,287.3% in the 4th quarter. Legal & General Group Plc now owns 157,492 shares of the construction company’s stock valued at $1,142,000 after acquiring an additional 150,895 shares during the period. Globeflex Capital L P raised its stake in shares of NCI Building Systems by 54.3% in the 4th quarter. Globeflex Capital L P now owns 154,162 shares of the construction company’s stock valued at $1,118,000 after acquiring an additional 54,236 shares during the period. Cipher Capital LP purchased a new position in shares of NCI Building Systems in the 4th quarter valued at $92,000. Finally, Metropolitan Life Insurance Co. NY raised its stake in shares of NCI Building Systems by 355.7% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 13,804 shares of the construction company’s stock valued at $100,000 after acquiring an additional 10,775 shares during the period. 94.62% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have recently commented on the stock. Barclays set a $11.00 target price on shares of NCI Building Systems and gave the company a “hold” rating in a research note on Wednesday, December 12th. Citigroup cut their target price 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. DA Davidson cut their target price on shares of NCI Building Systems to $7.50 and set a “neutral” rating on the stock in a research note on Thursday, December 20th. UBS Group downgraded shares of NCI Building Systems from a “buy” rating to a “neutral” rating and cut their target price for the company from $23.00 to $8.00 in a research note on Thursday, January 17th. Finally, ValuEngine downgraded shares of NCI Building Systems from a “sell” rating to a “strong sell” rating in a research note on Wednesday, January 2nd. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $7.80.

NCS opened at $6.17 on Wednesday. The firm has a market cap of $833.16 million, a P/E ratio of 4.26, a PEG ratio of 0.65 and a beta of 1.88. NCI Building Systems Inc has a twelve month low of $5.80 and a twelve month high of $23.35. The company has a quick ratio of 1.00, a current ratio of 1.76 and a debt-to-equity ratio of 1.22.

In other NCI Building Systems news, EVP Todd R. Moore sold 8,400 shares of the firm’s stock in a transaction on Friday, March 29th. The shares were sold at an average price of $6.08, for a total transaction of $51,072.00. Following the completion of the transaction, the executive vice president now directly owns 130,374 shares of the company’s stock, valued at approximately $792,673.92. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Todd R. Moore sold 16,000 shares of the firm’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $6.31, for a total transaction of $100,960.00. Following the transaction, the executive vice president now directly owns 138,774 shares of the company’s stock, valued at $875,663.94. The disclosure for this sale can be found here. Over the last ninety days, insiders have purchased 32,750 shares of company stock valued at $221,525. Company insiders own 1.54% of the company’s stock.

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About NCI Building Systems

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.

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

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