Advantage Alpha Capital Partners LP Boosts Stock Position in TopBuild Corp. (NYSE:BLD)

Advantage Alpha Capital Partners LP boosted its stake in TopBuild Corp. (NYSE:BLD - Free Report) by 11.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,315 shares of the construction company's stock after purchasing an additional 1,522 shares during the quarter. Advantage Alpha Capital Partners LP owned about 0.05% of TopBuild worth $4,768,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Pitcairn Co. raised its stake in TopBuild by 178.2% during the third quarter. Pitcairn Co. now owns 2,220 shares of the construction company's stock valued at $903,000 after purchasing an additional 1,422 shares in the last quarter. TT International Asset Management LTD raised its stake in shares of TopBuild by 33.3% during the fourth quarter. TT International Asset Management LTD now owns 18,781 shares of the construction company's stock valued at $5,847,000 after acquiring an additional 4,694 shares in the last quarter. Van ECK Associates Corp grew its stake in TopBuild by 57.8% in the fourth quarter. Van ECK Associates Corp now owns 32,633 shares of the construction company's stock worth $10,160,000 after purchasing an additional 11,948 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in TopBuild by 37.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 178,824 shares of the construction company's stock worth $72,747,000 after purchasing an additional 48,562 shares during the period. Finally, Bank of Montreal Can raised its position in TopBuild by 72.0% during the 3rd quarter. Bank of Montreal Can now owns 11,239 shares of the construction company's stock valued at $4,600,000 after purchasing an additional 4,703 shares in the last quarter. Hedge funds and other institutional investors own 95.67% of the company's stock.

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TopBuild Stock Down 1.6 %

NYSE:BLD traded down $5.06 during mid-day trading on Friday, hitting $305.95. 369,054 shares of the company's stock traded hands, compared to its average volume of 309,553. The company has a fifty day moving average of $319.92 and a 200 day moving average of $349.32. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.49 and a current ratio of 2.01. TopBuild Corp. has a twelve month low of $288.31 and a twelve month high of $495.68. The company has a market capitalization of $8.95 billion, a P/E ratio of 15.44, a P/E/G ratio of 1.82 and a beta of 1.89.

TopBuild (NYSE:BLD - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The construction company reported $5.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.07 by $0.06. The firm had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.31 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The company's revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.69 earnings per share. On average, analysts forecast that TopBuild Corp. will post 20.97 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on BLD shares. The Goldman Sachs Group decreased their price objective on TopBuild from $475.00 to $410.00 and set a "buy" rating for the company in a report on Tuesday, January 14th. Seaport Res Ptn lowered shares of TopBuild from a "strong-buy" rating to a "hold" rating in a report on Friday, December 13th. StockNews.com downgraded shares of TopBuild from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Truist Financial reduced their price objective on shares of TopBuild from $395.00 to $310.00 and set a "hold" rating for the company in a research note on Thursday, February 27th. Finally, Evercore ISI downgraded TopBuild from an "outperform" rating to an "inline" rating and cut their price target for the company from $443.00 to $381.00 in a report on Monday, December 16th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, TopBuild presently has an average rating of "Moderate Buy" and a consensus target price of $403.88.

TopBuild Company 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.