<div id="readability-page-1"><p>State of New Jersey Common Pension Fund D boosted its holdings in shares of  Trex Company, Inc. (NYSE:TREX - Free Report) by 76.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 69,509 shares of the construction company's stock after acquiring an additional 30,191 shares during the period. State of New Jersey Common Pension Fund D owned 0.06% of Trex worth $2,438,000 as of its most recent filing with the SEC.</p><ul><li>Q4 Earnings Suprise Could Offer Trex Stock a Path to Recovery</li></ul><p>A number of other institutional investors have also recently bought and sold shares of the business. Alliancebernstein L.P. grew its holdings in  Trex by 1.9% during the 3rd quarter. Alliancebernstein L.P. now owns 7,543,925 shares of the construction company's stock worth $389,795,000 after acquiring an additional 142,215 shares during the period.  American Century Companies Inc. grew its holdings in shares of  Trex by 2.5% in the 3rd quarter. American Century Companies Inc. now owns 2,191,472 shares of the construction company's stock valued at $113,233,000 after buying an additional 53,554 shares during the period.  Wellington Management Group LLP grew its holdings in shares of  Trex by 86.8% in the 3rd quarter. Wellington Management Group LLP now owns 1,974,096 shares of the construction company's stock valued at $102,002,000 after buying an additional 917,448 shares during the period.  Impax Asset Management Group plc grew its holdings in shares of  Trex by 93.0% in the 3rd quarter. Impax Asset Management Group plc now owns 1,934,581 shares of the construction company's stock valued at $99,354,000 after buying an additional 932,247 shares during the period.  Finally, Madison Asset Management LLC grew its holdings in shares of  Trex by 1.2% in the 3rd quarter. Madison Asset Management LLC now owns 1,893,081 shares of the construction company's stock valued at $97,815,000 after buying an additional 22,027 shares during the period. Institutional investors and hedge funds own  95.96% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><p>TREX has been the subject of several research analyst reports. Barclays decreased their price target on shares of Trex from $39.00 to $35.00 and set an &#34;underweight&#34; rating for the company in a report on Wednesday, April 8th. Wall Street Zen raised shares of Trex from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a report on Saturday, May 2nd. DA Davidson boosted their price target on shares of Trex from $50.00 to $51.00 and gave the company a &#34;buy&#34; rating in a report on Wednesday, March 11th. Wolfe Research raised shares of Trex from a &#34;peer perform&#34; rating to an &#34;outperform&#34; rating and set a $47.00 price target for the company in a report on Wednesday, January 7th. Finally, BMO Capital Markets  reissued an &#34;outperform&#34; rating and issued a $54.00 price target on shares of Trex in a report on Thursday, January 8th. Ten equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned  a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of &#34;Hold&#34; and a consensus target price of $48.00.</p><ul><li>Tariff Fatigue? Look to These 3 Stocks for Upside</li></ul><p><b>Check Out Our Latest Report on Trex</b></p><h2>Trex Trading Up 6.2%</h2><p>Shares of NYSE TREX opened at $39.91 on Thursday. The firm has a market cap of $4.15 billion, a PE ratio of 22.55, a PEG ratio of 8.58 and a beta of 1.51. Trex Company, Inc. has a 1-year low of $29.77 and a 1-year high of $68.78. The company has a fifty day moving average price of $38.91 and a 200 day moving average price of $39.17. </p><ul><li>3 Stocks with Unusual Trading Volume During Market Selloff</li></ul><p>Trex (NYSE:TREX - Get Free Report) last announced its earnings results on Tuesday, February 24th. The construction company reported $0.04 earnings per share for the quarter, topping analysts' consensus estimates of ($0.01) by $0.05. The firm had revenue of $161.13 million during the quarter, compared to analyst estimates of $144.39 million. Trex had a net margin of 16.22% and a return on equity of 20.29%. The company's revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.09 EPS.  Equities research analysts forecast that  Trex Company, Inc. will post 1.63 EPS for the current year. </p><h2>Trex Company Profile</h2> (Free Report)<p>Trex Company, Inc is a leading manufacturer of wood-alternative decking and railing systems designed for residential and commercial outdoor living environments. The company's core offerings feature composite decking products made from a proprietary blend of recycled wood fibers and plastic film, which deliver enhanced durability, resistance to rot and insect damage, and low maintenance compared to traditional wood. Trex also provides matching railing, lighting, fencing and cladding solutions that allow customers to create cohesive, high-performance outdoor spaces.  </p><p>Trex's product portfolio is organized into multiple performance tiers, including premium, mid-range and value-oriented lines.</p><h2>See Also</h2><ul><li>Five stocks we like better than Trex</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRSRVg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRSRVg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Trex Right Now?</h2><p>Before you consider Trex, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Trex wasn't on the list.</p><p>While Trex currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

TREX

<p>State of New Jersey Common Pension Fund D increased its stake in Trex Company, Inc. by 76.8% in Q4, owning 69,509 shares valued at $2.44 million. Other institutional investors also raised their holdings. Analysts have mixed ratings on Trex, with a consensus target price of $48.00. Trex's stock opened at $39.91, with a market cap of $4.15 billion. The company reported earnings of $0.04 per share, exceeding estimates, despite a revenue decline of 3.9% year-over-year.</p>

State of New Jersey Common Pension Fund D Has $2.44 Million Stock Holdings in Trex Company, Inc. $TREX