Fort Washington Investment Advisors Inc. OH Acquires 16,090 Shares of TopBuild Corp. (NYSE:BLD)

Fort Washington Investment Advisors Inc. OH grew its holdings in TopBuild Corp. (NYSE:BLD - Free Report) by 51.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,159 shares of the construction company's stock after acquiring an additional 16,090 shares during the period. Fort Washington Investment Advisors Inc. OH owned 0.16% of TopBuild worth $14,682,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Winch Advisory Services LLC acquired a new position in TopBuild during the fourth quarter worth $26,000. Versant Capital Management Inc increased its holdings in shares of 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 during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of TopBuild in the 3rd quarter valued at approximately $31,000. Kennebec Savings Bank acquired a new stake in TopBuild in the 3rd quarter worth approximately $45,000. Finally, Quantbot Technologies LP acquired a new position in TopBuild during the third quarter valued at approximately $45,000. Institutional investors and hedge funds own 95.67% of the company's stock.

TopBuild Stock Performance

TopBuild stock traded up $0.99 on Thursday, hitting $355.07. The company's stock had a trading volume of 135,281 shares, compared to its average volume of 242,345. The company has a fifty day moving average price of $345.09 and a 200-day moving average price of $378.51. The firm has a market cap of $10.47 billion, a P/E ratio of 17.91, a price-to-earnings-growth ratio of 2.06 and a beta of 1.84. TopBuild Corp. has a one year low of $302.70 and a one year 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.

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 (EPS) for the quarter, topping the consensus estimate of $5.62 by $0.06. The firm had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.39 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The company's quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $5.43 earnings per share. On average, equities analysts anticipate that TopBuild Corp. will post 20.95 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. DA Davidson reduced their price objective on shares of TopBuild from $460.00 to $450.00 and set a "buy" rating for the company in a research note on Thursday, November 7th. The Goldman Sachs Group lowered 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. StockNews.com raised TopBuild from a "hold" rating to a "buy" rating in a research report on Tuesday, October 29th. Jefferies Financial Group lowered their target price on TopBuild from $525.00 to $515.00 and set a "buy" rating on the stock in a report on Wednesday, October 9th. Finally, Evercore ISI lowered TopBuild from an "outperform" rating to an "inline" rating and cut their price target for the stock from $443.00 to $381.00 in a report on Monday, December 16th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, TopBuild has a consensus 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.