AXQ Capital LP Has $795,000 Stake in TopBuild Corp. (NYSE:BLD)

AXQ Capital LP raised its stake in TopBuild Corp. (NYSE:BLD - Free Report) by 70.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,554 shares of the construction company's stock after buying an additional 1,058 shares during the period. AXQ Capital LP's holdings in TopBuild were worth $795,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Winch Advisory Services LLC acquired a new position in TopBuild in the 4th quarter worth about $26,000. Versant Capital Management Inc increased its stake in shares of TopBuild by 327.3% in the fourth quarter. Versant Capital Management Inc now owns 94 shares of the construction company's stock valued at $29,000 after buying an additional 72 shares during the period. Wilmington Savings Fund Society FSB bought a new position in TopBuild in the 3rd quarter valued at approximately $31,000. V Square Quantitative Management LLC boosted its position in TopBuild by 55.3% during the 4th quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company's stock worth $37,000 after buying an additional 42 shares during the period. Finally, Quantbot Technologies LP bought a new stake in TopBuild during the 3rd quarter worth approximately $45,000. 95.67% of the stock is currently owned by institutional investors and hedge funds.

TopBuild Stock Down 0.3 %

Shares of NYSE BLD traded down $0.85 during trading on Wednesday, hitting $312.36. 225,787 shares of the company traded hands, compared to its average volume of 302,653. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.49 and a current ratio of 2.01. The business's fifty day moving average is $321.41 and its 200 day moving average is $349.97. The firm has a market capitalization of $9.13 billion, a price-to-earnings ratio of 15.76, a P/E/G ratio of 1.82 and a beta of 1.89. TopBuild Corp. has a fifty-two week low of $288.31 and a fifty-two week high of $495.68.

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

Analyst Ratings Changes

BLD has been the topic of a number of recent research reports. Evercore ISI lowered shares of TopBuild from an "outperform" rating to an "inline" rating and cut their price target for the stock from $443.00 to $381.00 in a report on Monday, December 16th. StockNews.com downgraded TopBuild from a "buy" rating to a "hold" rating in a research report on Wednesday, February 26th. 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. Seaport Res Ptn downgraded shares of TopBuild from a "strong-buy" rating to a "hold" rating in a research report on Friday, December 13th. Finally, Loop Capital reduced their price objective on shares of TopBuild from $405.00 to $390.00 and set a "buy" rating on the stock in a research note on Thursday, February 27th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, TopBuild currently has an average rating of "Moderate Buy" and an average price target of $403.88.

About TopBuild

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.