Dimensional Fund Advisors LP Has $63.69 Million Holdings in Quanex Building Products Co. (NYSE:NX)

Dimensional Fund Advisors LP trimmed its position in Quanex Building Products Co. (NYSE:NX - Free Report) by 2.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,627,508 shares of the construction company's stock after selling 55,513 shares during the quarter. Dimensional Fund Advisors LP owned 5.57% of Quanex Building Products worth $63,691,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. CANADA LIFE ASSURANCE Co lifted its position in shares of Quanex Building Products by 1.3% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 45,277 shares of the construction company's stock worth $1,097,000 after buying an additional 562 shares during the period. Sterling Capital Management LLC lifted its holdings in shares of Quanex Building Products by 833.6% during the fourth quarter. Sterling Capital Management LLC now owns 1,419 shares of the construction company's stock valued at $34,000 after acquiring an additional 1,267 shares during the period. Federated Hermes Inc. acquired a new stake in shares of Quanex Building Products in the 4th quarter valued at $44,000. Aster Capital Management DIFC Ltd grew its holdings in shares of Quanex Building Products by 6,056.8% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 17,670 shares of the construction company's stock worth $428,000 after purchasing an additional 17,383 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of Quanex Building Products by 60.5% during the 4th quarter. Russell Investments Group Ltd. now owns 276,088 shares of the construction company's stock worth $6,692,000 after purchasing an additional 104,056 shares in the last quarter. 97.48% of the stock is owned by institutional investors.

Quanex Building Products Price Performance

Shares of Quanex Building Products stock opened at $16.71 on Friday. Quanex Building Products Co. has a 1-year low of $15.30 and a 1-year high of $35.92. The firm's 50-day moving average price is $18.23 and its two-hundred day moving average price is $23.42. The company has a current ratio of 2.24, a quick ratio of 1.23 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $788.63 million, a price-to-earnings ratio of 14.92, a P/E/G ratio of 0.68 and a beta of 1.08.

Quanex Building Products Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.92%. The ex-dividend date was Monday, March 17th. Quanex Building Products's payout ratio is presently 52.46%.

Quanex Building Products Company Profile

Quanex Building Products Corporation, together with its subsidiaries, provides components for the fenestration industry in the United States, rest of Europe, Canada, Asia, the United Kingdom, and internationally. The company operates through three segments: North American Fenestration, European Fenestration, and North American Cabinet Components.

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