Aristides Capital LLC Invests $274,000 in TopBuild Corp. (NYSE:BLD)

Aristides Capital LLC acquired a new stake in TopBuild Corp. (NYSE:BLD - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 881 shares of the construction company's stock, valued at approximately $274,000.

A number of other hedge funds also recently modified their holdings of BLD. State Street Corp lifted its position in TopBuild by 3.2% during the third quarter. State Street Corp now owns 1,120,029 shares of the construction company's stock worth $455,639,000 after acquiring an additional 34,911 shares during the last quarter. Pictet Asset Management Holding SA lifted its holdings in TopBuild by 4.9% during the 4th quarter. Pictet Asset Management Holding SA now owns 871,495 shares of the construction company's stock worth $271,331,000 after purchasing an additional 40,916 shares during the last quarter. Geode Capital Management LLC boosted its stake in TopBuild by 2.1% in the 3rd quarter. Geode Capital Management LLC now owns 627,989 shares of the construction company's stock valued at $255,526,000 after purchasing an additional 12,909 shares during the period. Norges Bank acquired a new position in TopBuild in the 4th quarter valued at $108,688,000. Finally, Vaughan Nelson Investment Management L.P. increased its position in TopBuild by 4.2% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 292,531 shares of the construction company's stock worth $91,076,000 after buying an additional 11,762 shares during the period. Institutional investors and hedge funds own 95.67% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on BLD. Seaport Res Ptn downgraded shares of TopBuild from a "strong-buy" rating to a "hold" rating in a research note on Friday, December 13th. Truist Financial cut their price target on TopBuild from $395.00 to $310.00 and set a "hold" rating for the company in a research note on Thursday, February 27th. The Goldman Sachs Group reduced their target price on TopBuild from $475.00 to $410.00 and set a "buy" rating on the stock in a report on Tuesday, January 14th. Loop Capital cut their price target on shares of TopBuild from $405.00 to $390.00 and set a "buy" rating for the company in a report on Thursday, February 27th. Finally, Benchmark lowered their price objective on shares of TopBuild from $445.00 to $375.00 and set a "buy" rating for the company in a research report on Monday, March 3rd. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $398.56.

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TopBuild Trading Up 1.4 %

TopBuild stock traded up $3.97 during trading hours on Friday, hitting $288.86. The stock had a trading volume of 265,088 shares, compared to its average volume of 318,421. The business's 50 day simple moving average is $307.18 and its 200-day simple moving average is $340.99. TopBuild Corp. has a one year low of $266.26 and a one year high of $495.68. The stock has a market cap of $8.45 billion, a price-to-earnings ratio of 14.57, a P/E/G ratio of 1.82 and a beta of 1.78. The company has a quick ratio of 1.49, a current ratio of 2.01 and a debt-to-equity ratio of 0.64.

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

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.