Silvercrest Asset Management Group Reduces $6M in Installed Building Products, Inc. ($IBP)
Key Points
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Silvercrest Asset Management Group reduced its position in Installed Building Products, Inc. ($IBP) by 11.19% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 236,050 shares of Installed Building Products, Inc. after selling 29,742 shares during the quarter. Silvercrest Asset Management Group's holdings in Installed Building Products, Inc. were worth $48.88 million as of its most recent filing.
Installed Building Products, Inc. Stock Down 15.7%
Shares of Installed Building Products, Inc. ($IBP) traded around $207.09 on Saturday, down 15.7% for the day.
Installed Building Products, Inc. Earnings
Installed Building Products, Inc. Dividend
Analysts Set New Price Targets
About Installed Building Products, Inc.
Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation for residential and commercial builders in the United States. It operates through three segments: Installation, Distribution, and Manufacturing Operations. It offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials. It is also involved in the installation of insulation and sealant materials in various areas of a structure, which includes basement and crawl space, building envelope, attic, and acoustical applications. In addition, the company installs a range of caulk and sealant products that control air infiltration in residential and commercial buildings; basic sliding door and complex custom designs; and standard and custom designed mirrors, as well as shower doors, and closet shelving systems. Further, it installs and services garage doors and openers, including steel, aluminum, wood, and vinyl garage doors, as well as opener systems; installs waterproofing and caulking and moisture protection systems; offers sheet and hot applied waterproofing membrane, deck coating, bentonite, and air and vapor systems; and provides rain gutters installation services. Additionally, the company provides fire-stopping systems, including fire-rated joint assemblies, perimeter fire containment, and smoke and fire containment systems installation services; and cordless blinds, shades, and shutters installation, as well as other complementary building products for new construction, repair, remodel, and commercial projects. It also distributes products and materials purchased wholesale from manufacturers, such as spray foam insulation, metal building insulation, residential insulation, and mechanical and fabricated Styrofoam insulation; and insulation products, including equipment, machines, and services. The company was formerly known as CCIB Holdco, Inc. The company was founded in 1977 and is based in Columbus, Ohio.
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