Ply Gem Holdings Inc (PGEM) : Rutabaga Capital Managementma reduced its stake in Ply Gem Holdings Inc by 9.34% during the most recent quarter end. The investment management company now holds a total of 1,405,477 shares of Ply Gem Holdings Inc which is valued at $21,082,155 after selling 144,750 shares in Ply Gem Holdings Inc , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.Ply Gem Holdings Inc makes up approximately 3.65% of Rutabaga Capital Managementma’s portfolio.
Other Hedge Funds, Including , California Public Employees Retirement System reduced its stake in PGEM by selling 6,900 shares or 2.87% in the most recent quarter. The Hedge Fund company now holds 233,300 shares of PGEM which is valued at $3,499,500. Ply Gem Holdings Inc makes up approx 0.01% of California Public Employees Retirement System’s portfolio.Clarivest Asset Management boosted its stake in PGEM in the latest quarter, The investment management firm added 4,574 additional shares and now holds a total of 19,347 shares of Ply Gem Holdings Inc which is valued at $297,170. Ply Gem Holdings Inc makes up approx 0.01% of Clarivest Asset Management’s portfolio. Gargoyle Investment Advisor L.l.c. added PGEM to its portfolio by purchasing 23,100 company shares during the most recent quarter which is valued at $363,132. Ply Gem Holdings Inc makes up approx 0.13% of Gargoyle Investment Advisor L.l.c.’s portfolio. New York State Teachers Retirement System added PGEM to its portfolio by purchasing 1,800 company shares during the most recent quarter which is valued at $27,954.Cutler Group Lp boosted its stake in PGEM in the latest quarter, The investment management firm added 1,569 additional shares and now holds a total of 2,753 shares of Ply Gem Holdings Inc which is valued at $42,644.
Ply Gem Holdings Inc closed down -0.04 points or -0.27% at $14.95 with 2,76,827 shares getting traded on Monday. Post opening the session at $15.5, the shares hit an intraday low of $14.89 and an intraday high of $15.55 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Ply Gem Holdings Inc reported $0.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 8, 2016. Analyst had a consensus of $0.56. The company had revenue of $510.50 million for the quarter, compared to analysts expectations of $533.16 million. The company’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.45 EPS.
Many Wall Street Analysts have commented on Ply Gem Holdings Inc. Company shares were Reiterated by Imperial Capital on Aug 10, 2016 to “Outperform”, Firm has raised the Price Target to $ 18.50 from a previous price target of $17.50 .
Ply Gem Holdings Inc. manufactures exterior building products in North America. The Company operates in two segments: Siding Fencing and Stone and Windows and Doors. The Siding Fencing and Stone segment offers vinyl siding and skirting vinyl and aluminum soffit aluminum trim coil cellular polyvinyl chloride trim and moldings J- channels F-channels wide crown molding window and door trim H-molds fascia undersill trims outside and inside corner posts rain removal systems and injection molded designer accents under the brands Variform Napco Mastic Home Exteriors Mitten Procanna (Canada only) Cellwood Ply Gem Trim Mouldings Ply Gem Leaf Relief Leaf Relief Snap Tight Leaf Smart and Leaf Logic. The Windows and Doors segment offers vinyl aluminum-clad vinyl aluminum wood and clad-wood windows and patio doors and steel wood and fiberglass entry doors under the Ply Gem Windows Simonton Windows Great Lakes Window Mastic by Ply Gem and Ply Gem Canada brands.