New raised its stake in shares of Continental Building Products, Inc. (NYSE:CBPX) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Parametric Portfolio Associates LLC now owns 39,131 shares of the construction company's stock worth $959,000 after buying an additional 1,048 shares during the last quarter. Bank of America Corp DE owned approximately 0.34% of Continental Building Products worth $3,267,000 at the end of the most recent quarter.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Gratia Capital Ltd Company reported 2.33% of its portfolio in Continental Building Products Inc (NYSE:CBPX). 749278 shares were traded on Continental Building Products Inc's last session. Vanguard Group Inc. now owns 4,142,646 shares of the construction company's stock valued at $101,495,000 after buying an additional 172,234 shares during the period. Finally, Sei Investments Co. raised its position in shares of Continental Building Products by 7.8% in the first quarter. The firm owned 49,880 shares of the construction company's stock after buying an additional 12,850 shares during the period. Citadel Advisors LLC raised its position in shares of Continental Building Products by 66.1% in the first quarter. Macquarie Group Ltd. now owns 1,461,002 shares of the construction company's stock valued at $35,795,000 after buying an additional 196,797 shares during the period. About shares traded. Barrick Gold Corp (USA) (NYSE:ABX) has declined 8.26% since August 7, 2016 and is downtrending.
The company's consensus rating on Reuter's scale remained unchanged from 2.75 to 2.75 during a month. Current price places the company's stock -5.67% away from its 200-day simple moving average, -4.45%, away from the 50-day average and also 0.14% away from 20-day average. The stock has a market capitalization of $880.49 million, a PE ratio of 20.62 and a beta of 1.28. The stock stands almost $4.18 off versus the 52-week high of $26.53 and $4 above the 52-week low of $18.35.
Continental Building Products (NYSE:CBPX) last released its quarterly earnings data on Thursday, August 3rd. During the same period in the prior year, the company earned $0.31 EPS. The firm had revenue of $120.60 million during the quarter, compared to analysts' expectations of $127.60 million.
Continental Building Products beats Headwaters on 9 of the 11 factors compared between the two stocks. The company's revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.31 earnings per share. Continental Building Products Inc (NYSE:CBPX) has risen 13.56% since August 11, 2016 and is uptrending.
COPYRIGHT VIOLATION NOTICE: This article was originally published by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this piece of content on another website, it was stolen and reposted in violation of US & worldwide copyright law. The legal version of this piece can be viewed at https://sportsperspectives.com/2017/08/11/fmr-llc-sells-42000-shares-of-continental-building-products-inc-nysecbpx-updated.html.
Analyst mean recommendation on a stock by the analyst community is at 2.80. Zacks Investment Research cut Continental Building Products from a "buy" rating to a "hold" rating in a research note on Tuesday. Shiffrin Isabelle also sold $144,844 worth of Continental Building Products Inc (NYSE:CBPX) on Thursday, March 2. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The stock of Continental Building Products Inc (NYSE:CBPX) has "Buy" rating given on Monday, November 16 by Sterne Agee CRT. Deutsche Bank maintained the stock with "Hold" rating in Tuesday, November 17 report. Northern Trust has invested 0% in Continental Building Products Inc (NYSE:CBPX). The Company operates through wallboard segment. Continental Building Products had 20 analyst reports since August 23, 2015 according to SRatingsIntel. It offers customers a range of gypsum wallboard products, including LiftLite, its lightweight product created 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.