TopBuild Corp. (NYSE:BLD) Shares Sold by Empowered Funds LLC

Empowered Funds LLC lessened its stake in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 69.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,319 shares of the construction company's stock after selling 16,601 shares during the quarter. Empowered Funds LLC's holdings in TopBuild were worth $2,279,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in TopBuild during the 3rd quarter valued at $31,000. Winch Advisory Services LLC bought a new stake in TopBuild during the 4th quarter valued at $26,000. Versant Capital Management Inc boosted its position in TopBuild by 327.3% during the 4th quarter. Versant Capital Management Inc now owns 94 shares of the construction company's stock valued at $29,000 after acquiring an additional 72 shares in the last quarter. Quantbot Technologies LP bought a new stake in TopBuild during the 3rd quarter valued at $45,000. Finally, Kennebec Savings Bank bought a new stake in TopBuild during the 3rd quarter valued at $45,000. Institutional investors own 95.67% of the company's stock.

TopBuild Price Performance

Shares of TopBuild stock traded down $3.19 on Tuesday, hitting $323.02. The company's stock had a trading volume of 118,247 shares, compared to its average volume of 255,024. 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 1 year low of $302.70 and a 1 year high of $495.68. The company has a market capitalization of $9.53 billion, a price-to-earnings ratio of 16.30, a price-to-earnings-growth ratio of 2.03 and a beta of 1.85. The firm has a fifty day moving average price of $331.11 and a 200-day moving average price of $364.73.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on BLD shares. The Goldman Sachs Group reduced their target price on TopBuild from $475.00 to $410.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. Evercore ISI lowered TopBuild from an "outperform" rating to an "inline" rating and reduced their target price for the stock from $443.00 to $381.00 in a research note on Monday, December 16th. DA Davidson reduced their target price on TopBuild from $460.00 to $450.00 and set a "buy" rating for the company in a research note on Thursday, November 7th. Seaport Res Ptn lowered TopBuild from a "strong-buy" rating to a "hold" rating in a research note on Friday, December 13th. Finally, StockNews.com upgraded TopBuild from a "hold" rating to a "buy" rating in a research note on Tuesday, October 29th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $437.00.

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.