Enhancing Capital LLC Makes New $677,000 Investment in TopBuild Corp. (NYSE:BLD)

Enhancing Capital LLC acquired a new position in shares of TopBuild Corp. (NYSE:BLD - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,173 shares of the construction company's stock, valued at approximately $677,000.

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on BLD shares. Truist Financial cut their price target on TopBuild from $395.00 to $310.00 and set a "hold" rating on the stock in a report on Thursday, February 27th. Evercore ISI downgraded TopBuild from an "outperform" rating to an "inline" rating and dropped their target price for the stock from $443.00 to $381.00 in a research note on Monday, December 16th. Seaport Res Ptn downgraded TopBuild from a "strong-buy" rating to a "hold" rating in a research note on Friday, December 13th. Loop Capital dropped their target price on TopBuild from $405.00 to $390.00 and set a "buy" rating on the stock in a research note on Thursday, February 27th. Finally, The Goldman Sachs Group lowered their price target on TopBuild from $475.00 to $410.00 and set a "buy" rating for the company in a research report on Tuesday, January 14th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $403.88.

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TopBuild Stock Performance

Shares of BLD stock traded down $7.98 on Friday, hitting $298.57. The company had a trading volume of 739,264 shares, compared to its average volume of 301,388. The firm has a market cap of $8.73 billion, a P/E ratio of 15.06, a price-to-earnings-growth ratio of 1.82 and a beta of 1.89. TopBuild Corp. has a twelve month low of $288.31 and a twelve month high of $495.68. 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 company has a 50-day moving average price of $322.42 and a 200-day moving average price of $351.17.

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, topping analysts' consensus estimates of $5.07 by $0.06. The company had revenue of $1.31 billion during the quarter, compared to analysts' expectations of $1.31 billion. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. TopBuild's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.69 EPS. As a group, equities research analysts predict that TopBuild Corp. will post 20.97 earnings per share for the current fiscal 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.