TopBuild Corp. (NYSE:BLD) Stock Position Lifted by Trust Point Inc.

Trust Point Inc. grew its position in shares of TopBuild Corp. (NYSE:BLD) by 82.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,155 shares of the construction company’s stock after buying an additional 522 shares during the quarter. Trust Point Inc.’s holdings in TopBuild were worth $360,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of BLD. Winch Advisory Services LLC bought a new position in TopBuild during the 4th quarter worth approximately $26,000. Versant Capital Management Inc lifted its holdings in TopBuild by 327.3% during the 4th quarter. Versant Capital Management Inc now owns 94 shares of the construction company’s stock worth $29,000 after buying an additional 72 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in TopBuild during the 3rd quarter worth approximately $31,000. Kennebec Savings Bank bought a new position in TopBuild during the 3rd quarter worth approximately $45,000. Finally, Quantbot Technologies LP bought a new position in TopBuild during the 3rd quarter worth approximately $45,000. Institutional investors own 95.67% of the company’s stock.

Analyst Upgrades and Downgrades

BLD has been the topic of several recent research reports. The Goldman Sachs Group cut their price target on TopBuild from $475.00 to $410.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. DA Davidson cut their price target on TopBuild from $460.00 to $450.00 and set a “buy” rating on the stock in a report on Thursday, November 7th. Seaport Res Ptn downgraded TopBuild from a “strong-buy” rating to a “hold” rating in a report on Friday, December 13th. StockNews.com raised TopBuild from a “hold” rating to a “buy” rating in a report on Tuesday, October 29th. Finally, Jefferies Financial Group cut their price target on TopBuild from $525.00 to $515.00 and set a “buy” rating on the stock in a report on Wednesday, October 9th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $437.00.

TopBuild Stock Up 1.5 %

BLD opened at $338.18 on Thursday. TopBuild Corp. has a 12 month low of $302.70 and a 12 month high of $495.68. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.01 and a quick ratio of 1.49. The stock has a market cap of $9.98 billion, a P/E ratio of 17.06, a P/E/G ratio of 2.05 and a beta of 1.85. The stock’s 50 day moving average price is $340.20 and its 200 day moving average price is $372.80.

TopBuild (NYSE:BLD) last issued its quarterly earnings results on Tuesday, November 5th. The construction company reported $5.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.62 by $0.06. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The company had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same period last year, the firm earned $5.43 EPS. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. As a group, research analysts predict that TopBuild Corp. will post 20.97 earnings per share for the current year.

TopBuild Profile

TopBuild Corp., together with its subsidiaries, engages in the installation and distribution of insulation and other building material products to the construction industry. The company operates in two segments, Installation and Specialty Distribution. It provides insulation products and accessories, glass and windows, rain gutters, garage doors, fireplaces, roofing materials, closet shelving, and other products.