Guggenheim Capital LLC Acquires 50,951 Shares of PGT Innovations Inc (PGTI)

Guggenheim Capital LLC boosted its holdings in PGT Innovations Inc (NYSE:PGTI) by 55.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 142,272 shares of the construction company’s stock after purchasing an additional 50,951 shares during the period. Guggenheim Capital LLC’s holdings in PGT Innovations were worth $2,397,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of PGTI. Renaissance Technologies LLC lifted its stake in PGT Innovations by 23.5% in the fourth quarter. Renaissance Technologies LLC now owns 3,122,229 shares of the construction company’s stock worth $52,610,000 after purchasing an additional 594,200 shares during the last quarter. BlackRock Inc. lifted its stake in PGT Innovations by 5.5% in the fourth quarter. BlackRock Inc. now owns 7,310,563 shares of the construction company’s stock worth $123,183,000 after purchasing an additional 383,418 shares during the last quarter. Deutsche Bank AG lifted its stake in PGT Innovations by 155.3% in the fourth quarter. Deutsche Bank AG now owns 213,609 shares of the construction company’s stock worth $3,598,000 after purchasing an additional 129,929 shares during the last quarter. Bogle Investment Management L P DE bought a new stake in PGT Innovations in the fourth quarter worth $2,121,000. Finally, Mitsubishi UFJ Asset Management UK Ltd. purchased a new position in shares of PGT Innovations in the fourth quarter valued at about $1,920,000. 93.31% of the stock is owned by institutional investors and hedge funds.

PGTI stock opened at $18.35 on Friday. PGT Innovations Inc has a 12-month low of $10.10 and a 12-month high of $19.60. The stock has a market capitalization of $918.72, a price-to-earnings ratio of 30.08, a PEG ratio of 1.21 and a beta of 0.79. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.58 and a current ratio of 3.49.



PGT Innovations (NYSE:PGTI) last released its quarterly earnings data on Tuesday, February 20th. The construction company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.04. PGT Innovations had a net margin of 7.80% and a return on equity of 20.52%. The firm had revenue of $134.10 million for the quarter, compared to analysts’ expectations of $118.32 million. During the same quarter in the previous year, the company earned $0.10 earnings per share. The company’s revenue for the quarter was up 22.5% compared to the same quarter last year. equities analysts predict that PGT Innovations Inc will post 0.86 EPS for the current year.

A number of equities analysts have issued reports on the stock. Zacks Investment Research cut shares of PGT Innovations from a “buy” rating to a “hold” rating in a research report on Friday, March 9th. ValuEngine upgraded shares of PGT Innovations from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. SunTrust Banks restated a “buy” rating and issued a $19.00 price objective on shares of PGT Innovations in a research report on Friday, February 23rd. Finally, Dougherty & Co restated a “buy” rating and issued a $19.00 price objective (up previously from $18.00) on shares of PGT Innovations in a research report on Thursday, February 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $18.17.

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PGT Innovations Profile

PGT Innovations, Inc, formerly PGT, Inc, is a manufacturer of impact-resistant windows and doors. The Company’s brands include CGI, PGT Windows + Doors and WinDoor. CGI serves residential and commercial markets in both new and existing construction. CGI manufacturing and delivery facilities are based in Miami, Florida.

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Institutional Ownership by Quarter for PGT Innovations (NYSE:PGTI)

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