EntryPoint Capital LLC Buys New Stake in TopBuild Corp. (NYSE:BLD)

EntryPoint Capital LLC purchased a new stake in TopBuild Corp. (NYSE:BLD - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 898 shares of the construction company's stock, valued at approximately $280,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BLD. FMR LLC boosted its holdings in shares of TopBuild by 9.7% in the third quarter. FMR LLC now owns 1,830,493 shares of the construction company's stock valued at $744,663,000 after acquiring an additional 161,743 shares in the last quarter. State Street Corp lifted its holdings in shares of TopBuild by 3.2% in the 3rd quarter. State Street Corp now owns 1,120,029 shares of the construction company's stock valued at $455,639,000 after buying an additional 34,911 shares during the period. Geode Capital Management LLC raised its position in TopBuild by 2.1% in the third quarter. Geode Capital Management LLC now owns 627,989 shares of the construction company's stock worth $255,526,000 after acquiring an additional 12,909 shares in the last quarter. Vaughan Nelson Investment Management L.P. lifted its holdings in TopBuild by 4.2% in the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 292,531 shares of the construction company's stock valued at $91,076,000 after acquiring an additional 11,762 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of TopBuild by 7.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 251,588 shares of the construction company's stock worth $78,329,000 after purchasing an additional 18,174 shares in the last quarter. 95.67% of the stock is owned by hedge funds and other institutional investors.

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TopBuild Price Performance

TopBuild stock traded up $0.17 during midday trading on Monday, reaching $305.80. 138,555 shares of the company were exchanged, compared to its average volume of 308,902. The firm's 50-day simple moving average is $319.92 and its 200-day simple moving average is $349.12. TopBuild Corp. has a 1 year low of $288.31 and a 1 year high of $495.68. The company has a market capitalization of $8.94 billion, a price-to-earnings ratio of 15.43, a P/E/G ratio of 1.82 and a beta of 1.89. 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 (NYSE:BLD - Get Free Report) last issued its quarterly earnings results on Tuesday, February 25th. The construction company reported $5.13 EPS for the quarter, topping analysts' consensus estimates of $5.07 by $0.06. The business 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 company's quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.69 earnings per share. On average, analysts anticipate that TopBuild Corp. will post 20.97 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently commented on BLD. StockNews.com cut shares of TopBuild from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. The Goldman Sachs Group decreased their price target on TopBuild from $475.00 to $410.00 and set a "buy" rating on the stock in a research note on Tuesday, January 14th. Evercore ISI downgraded TopBuild from an "outperform" rating to an "inline" rating and dropped their price objective for the company from $443.00 to $381.00 in a research note on Monday, December 16th. Seaport Res Ptn cut TopBuild from a "strong-buy" rating to a "hold" rating in a report on Friday, December 13th. Finally, Benchmark lowered their target price on TopBuild from $445.00 to $375.00 and set a "buy" rating on the stock in a report on Monday, March 3rd. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, TopBuild has an average rating of "Moderate Buy" and an average price target of $403.88.

TopBuild Company 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.