Dalton Greiner Hartman Maher & Co. boosted its stake in Continental Building Products Inc (NYSE:CBPX) by 7.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 796,983 shares of the construction company’s stock after purchasing an additional 54,303 shares during the period. Continental Building Products comprises 1.2% of Dalton Greiner Hartman Maher & Co.’s investment portfolio, making the stock its 20th largest position. Dalton Greiner Hartman Maher & Co.’s holdings in Continental Building Products were worth $22,435,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently made changes to their positions in the company. BNP Paribas Arbitrage SA grew its position in shares of Continental Building Products by 128.9% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,645 shares of the construction company’s stock worth $132,000 after buying an additional 3,179 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of Continental Building Products in the 3rd quarter worth approximately $235,000. Legal & General Group Plc grew its position in shares of Continental Building Products by 9.5% in the 2nd quarter. Legal & General Group Plc now owns 9,279 shares of the construction company’s stock worth $216,000 after buying an additional 802 shares during the last quarter. Pacad Investment Ltd. grew its position in shares of Continental Building Products by 57.4% in the 2nd quarter. Pacad Investment Ltd. now owns 9,600 shares of the construction company’s stock worth $224,000 after buying an additional 3,500 shares during the last quarter. Finally, Principal Financial Group Inc. grew its position in shares of Continental Building Products by 11.2% in the 2nd quarter. Principal Financial Group Inc. now owns 10,037 shares of the construction company’s stock worth $234,000 after buying an additional 1,013 shares during the last quarter. 99.56% of the stock is currently owned by institutional investors and hedge funds.

CBPX has been the topic of several research reports. Jefferies Group initiated coverage on Continental Building Products in a research report on Tuesday, December 12th. They set a “hold” rating and a $28.00 price target on the stock. Zacks Investment Research upgraded Continental Building Products from a “sell” rating to a “hold” rating in a research report on Thursday, November 16th. Royal Bank of Canada restated a “buy” rating and set a $30.00 price target on shares of Continental Building Products in a research report on Wednesday, November 15th. Barclays lifted their price target on Continental Building Products from $25.00 to $27.00 and gave the company an “equal weight” rating in a research report on Friday, November 10th. Finally, BidaskClub upgraded Continental Building Products from a “hold” rating to a “buy” rating in a research report on Friday, November 3rd. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $29.40.

Continental Building Products Inc (CBPX) traded down $0.20 during midday trading on Wednesday, hitting $29.05. The company had a trading volume of 148,600 shares, compared to its average volume of 245,883. The company has a quick ratio of 2.46, a current ratio of 3.11 and a debt-to-equity ratio of 0.88. Continental Building Products Inc has a one year low of $21.00 and a one year high of $31.00. The company has a market capitalization of $1,100.00, a price-to-earnings ratio of 23.62 and a beta of 1.28.

Continental Building Products (NYSE:CBPX) last released its quarterly earnings results on Thursday, November 9th. The construction company reported $0.29 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.29. Continental Building Products had a return on equity of 15.80% and a net margin of 10.13%. The company had revenue of $116.50 million for the quarter, compared to analyst estimates of $121.08 million. During the same period in the previous year, the company posted $0.25 earnings per share. The firm’s revenue was up 1.7% on a year-over-year basis. research analysts predict that Continental Building Products Inc will post 1.24 EPS for the current year.

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About Continental Building Products

Continental Building Products, Inc is a manufacturer of gypsum wallboard and complementary finishing products. The Company operates through wallboard segment. Gypsum wallboard is a primary building material used in residential and commercial construction and in repair and remodel (R&R). It offers customers a range of gypsum wallboard products, including LiftLite, its lightweight product designed to lift and install; its Mold Defense line of products designed for protection against mold and mildew, and its Weather Defense line of moisture and mold-resistant exterior sheathing.

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Institutional Ownership by Quarter for Continental Building Products (NYSE:CBPX)

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