Dimensional Fund Advisors LP Has $115.94 Million Stock Position in TopBuild Corp. (NYSE:BLD)

Dimensional Fund Advisors LP lowered its stake in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 0.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 372,365 shares of the construction company's stock after selling 1,057 shares during the period. Dimensional Fund Advisors LP owned 1.26% of TopBuild worth $115,937,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in BLD. TT International Asset Management LTD raised its position in TopBuild by 33.3% during the fourth quarter. TT International Asset Management LTD now owns 18,781 shares of the construction company's stock worth $5,847,000 after acquiring an additional 4,694 shares in the last quarter. Van ECK Associates Corp raised its holdings in shares of TopBuild by 57.8% in the 4th quarter. Van ECK Associates Corp now owns 32,633 shares of the construction company's stock valued at $10,160,000 after purchasing an additional 11,948 shares during the period. JPMorgan Chase & Co. lifted its stake in TopBuild by 14.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 85,613 shares of the construction company's stock valued at $34,828,000 after purchasing an additional 10,612 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its holdings in TopBuild by 51.8% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 47,159 shares of the construction company's stock worth $14,682,000 after purchasing an additional 16,090 shares during the period. Finally, AEGON ASSET MANAGEMENT UK Plc increased its position in TopBuild by 18.4% during the fourth quarter. AEGON ASSET MANAGEMENT UK Plc now owns 35,562 shares of the construction company's stock worth $11,052,000 after buying an additional 5,517 shares during the last quarter. Institutional investors and hedge funds own 95.67% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on BLD. Truist Financial reduced their target price on TopBuild from $395.00 to $310.00 and set a "hold" rating for the company in a research note on Thursday, February 27th. Loop Capital reduced their price objective on shares of TopBuild from $405.00 to $390.00 and set a "buy" rating for the company in a research report on Thursday, February 27th. StockNews.com lowered shares of TopBuild from a "buy" rating to a "hold" rating in a research report on Wednesday, February 26th. The Goldman Sachs Group cut their target price on shares of TopBuild from $475.00 to $410.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of TopBuild in a research note on Tuesday, April 1st. They issued a "buy" rating and a $356.00 price target on the stock. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, TopBuild currently has a consensus rating of "Moderate Buy" and a consensus target price of $398.56.

TopBuild Price Performance

Shares of TopBuild stock opened at $296.83 on Friday. The company has a quick ratio of 1.49, a current ratio of 2.01 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $8.68 billion, a price-to-earnings ratio of 14.98, a price-to-earnings-growth ratio of 1.82 and a beta of 1.78. TopBuild Corp. has a twelve month low of $266.26 and a twelve month high of $495.68. The company has a 50-day simple moving average of $299.30 and a two-hundred day simple moving average of $333.46.

TopBuild (NYSE:BLD - Get Free Report) last released its quarterly earnings results on Tuesday, February 25th. The construction company reported $5.13 earnings per share for the quarter, beating analysts' consensus estimates of $5.07 by $0.06. The company had revenue of $1.31 billion during 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 firm's quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the previous year, the business earned $4.69 earnings per share. Analysts forecast that TopBuild Corp. will post 20.97 EPS 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.

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