Dalton Greiner Hartman Maher Co buys $12,887,031 stake in Continental Building Products Inc (CBPX)

Continental Building Products Inc (CBPX) : Dalton Greiner Hartman Maher Co scooped up 544,253 additional shares in Continental Building Products Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 13, 2016. The investment management firm now holds a total of 635,142 shares of Continental Building Products Inc which is valued at $12,887,031.Continental Building Products Inc makes up approximately 0.85% of Dalton Greiner Hartman Maher Co’s portfolio.

Other Hedge Funds, Including , Legal General Group Plc reduced its stake in CBPX by selling 294 shares or 5.68% in the most recent quarter. The Hedge Fund company now holds 4,882 shares of CBPX which is valued at $97,933. Algert Global added CBPX to its portfolio by purchasing 72,720 company shares during the most recent quarter which is valued at $1,458,763. Continental Building Products Inc makes up approx 0.43% of Algert Global’s portfolio.Genesee Valley Trust Co boosted its stake in CBPX in the latest quarter, The investment management firm added 1,459 additional shares and now holds a total of 11,689 shares of Continental Building Products Inc which is valued at $234,481. Continental Building Products Inc makes up approx 0.15% of Genesee Valley Trust Co’s portfolio.Simplex Trading reduced its stake in CBPX by selling 176 shares or 20.93% in the most recent quarter. The Hedge Fund company now holds 665 shares of CBPX which is valued at $13,466.Bnp Paribas Arbitrage Sa boosted its stake in CBPX in the latest quarter, The investment management firm added 1,653 additional shares and now holds a total of 3,174 shares of Continental Building Products Inc which is valued at $65,734.

Continental Building Products Inc closed down -0.42 points or -2.05% at $20.06 with 2,39,863 shares getting traded on Tuesday. Post opening the session at $20.48, the shares hit an intraday low of $19.86 and an intraday high of $20.48 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

On the company’s financial health, Continental Building Products Inc reported $0.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.28. The company had revenue of $117.10 million for the quarter, compared to analysts expectations of $112.98 million. The company’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS.

Continental Building Products Inc. is a manufacturer of gypsum wallboard and complementary finishing products. The Company’s manufacturing facilities and sales efforts are concentrated in the eastern United States and eastern Canada. Gypsum wallboard is a primary building material used in new residential and commercial construction and in repair and remodel (R&R). The Company offers its customers a range of gypsum wallboard products including LiftLite a lightweight wallboard for use on interior walls; Mold Defense line of products designed for enhanced protection against mold and mildew and Weather Defense line of moisture and mold-resistant exterior sheathing. The Company’s wallboard product offerings include LiftLite Firecheck Mold Defense and Rapid Coat. The Company operates its automated manufacturing facilities in Silver Grove (Kentucky) Palatka (Florida) and Buchanan (New York).

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