Janus Henderson Group PLC Has $2.22 Million Stock Holdings in Quanex Building Products Co. (NYSE:NX)

Janus Henderson Group PLC trimmed its stake in Quanex Building Products Co. (NYSE:NX - Free Report) by 60.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,740 shares of the construction company's stock after selling 140,688 shares during the period. Janus Henderson Group PLC owned about 0.19% of Quanex Building Products worth $2,224,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. CANADA LIFE ASSURANCE Co lifted its stake in shares of Quanex Building Products by 1.3% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 45,277 shares of the construction company's stock valued at $1,097,000 after buying an additional 562 shares during the period. Hancock Whitney Corp raised its holdings in Quanex Building Products by 5.1% in the 4th quarter. Hancock Whitney Corp now owns 12,672 shares of the construction company's stock valued at $307,000 after acquiring an additional 612 shares in the last quarter. State of New Jersey Common Pension Fund D lifted its position in shares of Quanex Building Products by 1.5% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 70,230 shares of the construction company's stock worth $1,702,000 after acquiring an additional 1,019 shares during the period. The Manufacturers Life Insurance Company grew its holdings in shares of Quanex Building Products by 4.6% during the 4th quarter. The Manufacturers Life Insurance Company now owns 23,598 shares of the construction company's stock worth $572,000 after purchasing an additional 1,048 shares in the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of Quanex Building Products by 6.4% during the 3rd quarter. Franklin Resources Inc. now owns 19,203 shares of the construction company's stock worth $562,000 after purchasing an additional 1,150 shares in the last quarter. Institutional investors own 97.48% of the company's stock.

Quanex Building Products Stock Performance

Shares of NX traded down $0.17 on Monday, reaching $17.39. 206,745 shares of the stock traded hands, compared to its average volume of 497,105. The firm has a market cap of $821.11 million, a price-to-earnings ratio of 15.53, a P/E/G ratio of 0.68 and a beta of 1.01. Quanex Building Products Co. has a 12 month low of $15.30 and a 12 month high of $34.97. The stock's 50-day moving average price is $17.64 and its 200-day moving average price is $21.91. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.24 and a quick ratio of 1.23.

Quanex Building Products Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a $0.08 dividend. The ex-dividend date was Monday, March 17th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.84%. Quanex Building Products's payout ratio is presently 52.46%.

About Quanex Building Products

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.