Quantbot Technologies LP acquired a new position in shares of NCI Building Systems, Inc. (NYSE:NCS) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 9,602 shares of the construction company’s stock, valued at approximately $160,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Nisa Investment Advisors LLC boosted its position in NCI Building Systems by 3.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 16,880 shares of the construction company’s stock worth $282,000 after acquiring an additional 550 shares during the period. American International Group Inc. lifted its holdings in shares of NCI Building Systems by 7.0% during the 1st quarter. American International Group Inc. now owns 16,745 shares of the construction company’s stock valued at $287,000 after buying an additional 1,100 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of NCI Building Systems by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 7,757 shares of the construction company’s stock valued at $130,000 after buying an additional 1,163 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of NCI Building Systems by 5.4% during the 2nd quarter. Sei Investments Co. now owns 48,420 shares of the construction company’s stock valued at $809,000 after buying an additional 2,459 shares during the last quarter. Finally, California Public Employees Retirement System lifted its holdings in shares of NCI Building Systems by 6.8% during the 1st quarter. California Public Employees Retirement System now owns 39,400 shares of the construction company’s stock valued at $676,000 after buying an additional 2,500 shares during the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

NCS has been the subject of several research reports. Barclays PLC reiterated a “buy” rating and set a $16.00 price target (down from $19.00) on shares of NCI Building Systems in a report on Friday, September 8th. Royal Bank Of Canada reiterated a “buy” rating and set a $20.00 price target on shares of NCI Building Systems in a report on Tuesday, July 18th. BidaskClub lowered NCI Building Systems from a “hold” rating to a “sell” rating in a report on Saturday, August 19th. Finally, Zacks Investment Research lowered NCI Building Systems from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $18.13.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally reported by Watch List News and is the sole property of of Watch List News. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this piece of content can be viewed at https://www.watchlistnews.com/quantbot-technologies-lp-acquires-shares-of-9602-nci-building-systems-inc-ncs/1614843.html.

NCI Building Systems, Inc. (NCS) opened at 15.85 on Friday. NCI Building Systems, Inc. has a 52 week low of $13.05 and a 52 week high of $18.60. The company has a market capitalization of $1.12 billion, a P/E ratio of 20.11 and a beta of 1.55. The company has a 50 day moving average price of $15.48 and a 200-day moving average price of $16.68.

NCI Building Systems (NYSE:NCS) last released its quarterly earnings data on Wednesday, September 6th. The construction company reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.05). NCI Building Systems had a net margin of 3.18% and a return on equity of 18.31%. The business had revenue of $469.40 million during the quarter, compared to analyst estimates of $495.21 million. During the same period in the previous year, the business earned $0.33 earnings per share. The business’s quarterly revenue was up 1.5% on a year-over-year basis. On average, equities analysts anticipate that NCI Building Systems, Inc. will post $0.80 earnings per share for the current fiscal year.

In other news, insider Norman C. Chambers sold 45,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 20th. The stock was sold at an average price of $17.74, for a total value of $798,300.00. Following the completion of the sale, the insider now directly owns 476,403 shares of the company’s stock, valued at $8,451,389.22. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Todd R. Moore sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $13.75, for a total value of $82,500.00. Following the completion of the sale, the executive vice president now directly owns 82,458 shares of the company’s stock, valued at $1,133,797.50. The disclosure for this sale can be found here. Company insiders own 1.78% of the company’s stock.

About NCI Building Systems

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)

Receive News & Ratings for NCI Building Systems Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NCI Building Systems Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.