Dimensional Fund Advisors LP raised its position in Continental Building Products Inc (NYSE:CBPX) by 4.6% during the 3rd quarter, Holdings Channel reports. The firm owned 1,512,239 shares of the construction company’s stock after acquiring an additional 66,397 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Continental Building Products were worth $39,318,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. BNP Paribas Arbitrage SA boosted its stake in shares of Continental Building Products by 128.9% during the second quarter. BNP Paribas Arbitrage SA now owns 5,645 shares of the construction company’s stock valued at $132,000 after acquiring an additional 3,179 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Continental Building Products by 9.5% during the second quarter. Legal & General Group Plc now owns 9,279 shares of the construction company’s stock valued at $216,000 after acquiring an additional 802 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of Continental Building Products by 11.2% during the second quarter. Principal Financial Group Inc. now owns 10,037 shares of the construction company’s stock valued at $234,000 after acquiring an additional 1,013 shares during the last quarter. Citadel Advisors LLC acquired a new stake in shares of Continental Building Products during the third quarter valued at $235,000. Finally, Victory Capital Management Inc. boosted its stake in shares of Continental Building Products by 12.5% during the second quarter. Victory Capital Management Inc. now owns 10,110 shares of the construction company’s stock valued at $236,000 after acquiring an additional 1,123 shares during the last quarter. 99.56% of the stock is currently owned by institutional investors.

Shares of Continental Building Products Inc (CBPX) opened at $29.60 on Friday. 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 52 week low of $21.00 and a 52 week high of $31.00. The stock has a market capitalization of $1,100.00, a PE ratio of 24.07 and a beta of 1.28.

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

A number of analysts recently commented on the company. SunTrust Banks lowered Continental Building Products from a “buy” rating to a “hold” rating in a research note on Monday. Zacks Investment Research raised Continental Building Products from a “sell” rating to a “hold” rating in a research note on Tuesday. Barclays raised Continental Building Products from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $27.00 to $33.00 in a research note on Friday, January 5th. Jefferies Group initiated coverage on Continental Building Products in a research note on Tuesday, December 12th. They set a “hold” rating and a $28.00 price objective on the stock. Finally, Royal Bank of Canada reissued a “buy” rating and issued a $30.00 price target on shares of Continental Building Products in a research note on Wednesday, November 15th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Continental Building Products presently has a consensus rating of “Buy” and an average price target of $29.40.

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Continental Building Products Profile

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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