Rutabaga Capital Management LLC MA lessened its stake in shares of Ply Gem Holdings Inc (NYSE:PGEM) by 3.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 926,582 shares of the construction company’s stock after selling 37,713 shares during the quarter. Ply Gem comprises approximately 3.9% of Rutabaga Capital Management LLC MA’s portfolio, making the stock its 10th biggest position. Rutabaga Capital Management LLC MA’s holdings in Ply Gem were worth $17,142,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Parametrica Management Ltd purchased a new stake in shares of Ply Gem during the third quarter worth approximately $196,000. Wells Fargo & Company MN raised its stake in shares of Ply Gem by 1.9% during the second quarter. Wells Fargo & Company MN now owns 15,890 shares of the construction company’s stock worth $285,000 after purchasing an additional 293 shares during the last quarter. Balter Liquid Alternatives LLC raised its stake in shares of Ply Gem by 30.9% during the fourth quarter. Balter Liquid Alternatives LLC now owns 16,031 shares of the construction company’s stock worth $297,000 after purchasing an additional 3,783 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. purchased a new stake in shares of Ply Gem during the third quarter worth approximately $327,000. Finally, Thrivent Financial For Lutherans purchased a new stake in shares of Ply Gem during the second quarter worth approximately $333,000. Institutional investors and hedge funds own 29.27% of the company’s stock.

Several research analysts have issued reports on the company. Royal Bank of Canada reiterated a “buy” rating and issued a $20.00 price objective on shares of Ply Gem in a research report on Wednesday, November 15th. ValuEngine upgraded Ply Gem from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Zacks Investment Research upgraded Ply Gem from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 31st. KeyCorp reiterated a “hold” rating on shares of Ply Gem in a research report on Tuesday, October 24th. Finally, BidaskClub cut Ply Gem from a “hold” rating to a “sell” rating in a research report on Saturday, November 4th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $19.50.

Ply Gem Holdings Inc (PGEM) opened at $21.70 on Monday. The stock has a market capitalization of $1,487.12, a price-to-earnings ratio of 22.84 and a beta of 2.55. The company has a debt-to-equity ratio of 13.73, a current ratio of 1.92 and a quick ratio of 1.28. Ply Gem Holdings Inc has a 52-week low of $14.55 and a 52-week high of $22.20.

COPYRIGHT VIOLATION WARNING: This story was reported by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this story on another website, it was stolen and reposted in violation of international trademark & copyright laws. The legal version of this story can be accessed at https://theolympiareport.com/2018/02/12/ply-gem-holdings-inc-pgem-shares-sold-by-rutabaga-capital-management-llc-ma.html.

Ply Gem Profile

Ply Gem Holdings, Inc is a manufacturer of exterior building products in North America. The Company operates through two segments: Siding, Fencing, and Stone, and Windows and Doors. In the Siding, Fencing, and Stone segment, its principal products include vinyl siding and skirting, vinyl and aluminum soffit, aluminum trim coil, cellular PVC trim and moldings, J-channels, wide crown molding, window and door trim, F-channels, H-molds, fascia, undersill trims, outside/inside corner posts, rain removal systems, injection molded designer accents, such as shakes, shingles, scallops, shutters, vents and mounts, vinyl fence, vinyl railing and stone veneer in the United States and Canada.

Want to see what other hedge funds are holding PGEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ply Gem Holdings Inc (NYSE:PGEM).

Institutional Ownership by Quarter for Ply Gem (NYSE:PGEM)

Receive News & Ratings for Ply Gem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ply Gem and related companies with MarketBeat.com's FREE daily email newsletter.