Crossmark Global Holdings Inc. Acquires 3,437 Shares of TopBuild Corp. (NYSE:BLD)

Crossmark Global Holdings Inc. increased its holdings in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 152.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,695 shares of the construction company's stock after buying an additional 3,437 shares during the period. Crossmark Global Holdings Inc.'s holdings in TopBuild were worth $1,773,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of BLD. TFG Advisers LLC raised its position in shares of TopBuild by 1.1% in the 3rd quarter. TFG Advisers LLC now owns 2,975 shares of the construction company's stock valued at $1,210,000 after acquiring an additional 31 shares during the period. CIBC Asset Management Inc boosted its position in shares of TopBuild by 3.6% during the third quarter. CIBC Asset Management Inc now owns 919 shares of the construction company's stock worth $374,000 after purchasing an additional 32 shares in the last quarter. Sheaff Brock Investment Advisors LLC grew its holdings in shares of TopBuild by 0.6% in the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 5,360 shares of the construction company's stock valued at $2,181,000 after buying an additional 33 shares during the period. CWM LLC raised its stake in TopBuild by 10.3% during the 3rd quarter. CWM LLC now owns 387 shares of the construction company's stock worth $157,000 after buying an additional 36 shares during the period. Finally, Atlanta Consulting Group Advisors LLC lifted its holdings in TopBuild by 1.5% during the third quarter. Atlanta Consulting Group Advisors LLC now owns 2,699 shares of the construction company's stock worth $1,098,000 after acquiring an additional 39 shares in the last quarter. 95.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. The Goldman Sachs Group dropped their price target on TopBuild from $475.00 to $410.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. DA Davidson dropped their target price on shares of 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 cut shares of TopBuild from a "strong-buy" rating to a "hold" rating in a report on Friday, December 13th. StockNews.com upgraded shares of TopBuild from a "hold" rating to a "buy" rating in a report on Tuesday, October 29th. Finally, Jefferies Financial Group reduced their target price on shares of TopBuild from $525.00 to $515.00 and set a "buy" rating for the company in a research note on Wednesday, October 9th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $437.00.

TopBuild Stock Down 0.6 %

Shares of TopBuild stock traded down $2.00 during trading hours on Friday, reaching $352.82. 218,359 shares of the company's stock were exchanged, compared to its average volume of 246,724. The company has a current ratio of 2.01, a quick ratio of 1.49 and a debt-to-equity ratio of 0.64. The company has a 50 day moving average of $344.92 and a two-hundred day moving average of $378.35. The stock has a market cap of $10.41 billion, a P/E ratio of 17.80, a P/E/G ratio of 2.08 and a beta of 1.84. TopBuild Corp. has a fifty-two week low of $302.70 and a fifty-two week high of $495.68.

TopBuild (NYSE:BLD - Get Free Report) last posted its quarterly earnings results on Tuesday, November 5th. The construction company reported $5.68 earnings per share for the quarter, beating analysts' consensus estimates of $5.62 by $0.06. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The firm had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same period last year, the company earned $5.43 earnings per share. The business's revenue was up 3.6% compared to the same quarter last year. On average, sell-side analysts forecast that TopBuild Corp. will post 20.97 EPS for the current fiscal year.

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.