Universal Beteiligungs und Servicegesellschaft mbH Invests $848,000 in Quanex Building Products Co. (NYSE:NX)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Quanex Building Products Co. (NYSE:NX - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 34,985 shares of the construction company's stock, valued at approximately $848,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.07% of Quanex Building Products as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Barclays PLC increased its position in Quanex Building Products by 391.4% in the 3rd quarter. Barclays PLC now owns 83,794 shares of the construction company's stock valued at $2,325,000 after acquiring an additional 66,742 shares in the last quarter. KBC Group NV increased its position in Quanex Building Products by 69.8% in the 4th quarter. KBC Group NV now owns 2,843 shares of the construction company's stock valued at $69,000 after acquiring an additional 1,169 shares in the last quarter. Choreo LLC acquired a new stake in Quanex Building Products in the 4th quarter valued at about $318,000. Rhumbline Advisers grew its position in shares of Quanex Building Products by 7.5% during the 4th quarter. Rhumbline Advisers now owns 140,090 shares of the construction company's stock worth $3,396,000 after buying an additional 9,774 shares during the period. Finally, State of New Jersey Common Pension Fund D grew its position in shares of Quanex Building Products by 1.5% during 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 buying an additional 1,019 shares during the period. Institutional investors and hedge funds own 97.48% of the company's stock.

Quanex Building Products Trading Up 11.1%

Shares of NYSE:NX traded up $1.89 during trading on Friday, hitting $18.98. 1,871,398 shares of the company's stock were exchanged, compared to its average volume of 507,533. Quanex Building Products Co. has a 1-year low of $15.30 and a 1-year high of $34.97. The firm has a 50-day moving average price of $17.25 and a two-hundred day moving average price of $21.21. 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 firm has a market cap of $896.03 million, a P/E ratio of 16.95, a PEG ratio of 0.68 and a beta of 1.01.

Quanex Building Products (NYSE:NX - Get Free Report) last issued its quarterly earnings results on Thursday, June 5th. The construction company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.48 by $0.12. Quanex Building Products had a net margin of 2.59% and a return on equity of 11.79%. The company had revenue of $452.48 million during the quarter, compared to analysts' expectations of $440.05 million. Equities analysts predict that Quanex Building Products Co. will post 2.18 earnings per share for the current year.

Quanex Building Products Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date of this dividend is Monday, June 16th. Quanex Building Products's payout ratio is currently 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.