Guggenheim Capital LLC lessened its stake in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 65.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,279 shares of the construction company's stock after selling 2,372 shares during the quarter. Guggenheim Capital LLC's holdings in TopBuild were worth $398,000 as of its most recent filing with the SEC.
Other large investors have also recently added to or reduced their stakes in the company. Winch Advisory Services LLC acquired a new stake in TopBuild in the 4th quarter valued at approximately $26,000. Versant Capital Management Inc increased its stake in TopBuild by 327.3% in the fourth 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. Wilmington Savings Fund Society FSB acquired a new position in shares of TopBuild in the 3rd quarter worth approximately $31,000. V Square Quantitative Management LLC lifted its holdings in shares of TopBuild by 55.3% during the fourth 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. Finally, World Investment Advisors LLC bought a new position in TopBuild during the 3rd quarter valued at about $54,000. Institutional investors own 95.67% of the company's stock.
Analyst Ratings Changes
A number of equities analysts have commented on the company. Loop Capital reduced their price objective on TopBuild from $405.00 to $390.00 and set a "buy" rating on the stock in a research note on Thursday, February 27th. Deutsche Bank Aktiengesellschaft began coverage on shares of TopBuild in a report on Tuesday, April 1st. They set a "buy" rating and a $356.00 target price for the company. StockNews.com cut TopBuild from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Truist Financial dropped their price objective on TopBuild from $395.00 to $310.00 and set a "hold" rating on the stock in a research note on Thursday, February 27th. Finally, The Goldman Sachs Group reduced their price target on shares of TopBuild from $475.00 to $410.00 and set a "buy" rating for the company in a report on Tuesday, January 14th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $398.56.
Check Out Our Latest Stock Report on TopBuild
TopBuild Price Performance
Shares of BLD opened at $296.83 on Friday. The company has a market cap of $8.68 billion, a price-to-earnings ratio of 14.98, a PEG ratio of 1.82 and a beta of 1.78. The company has a current ratio of 2.01, a quick ratio of 1.49 and a debt-to-equity ratio of 0.64. The company's fifty day simple moving average is $299.30 and its 200 day simple moving average is $333.46. TopBuild Corp. has a 1-year low of $266.26 and a 1-year high of $495.68.
TopBuild (NYSE:BLD - Get Free Report) last released its quarterly earnings data on Tuesday, February 25th. The construction company reported $5.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.07 by $0.06. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The company had revenue of $1.31 billion during the quarter, compared to analysts' expectations of $1.31 billion. During the same period last year, the firm posted $4.69 earnings per share. The business's revenue was up 2.0% on a year-over-year basis. On average, research analysts forecast that TopBuild Corp. will post 20.97 earnings per share for the current fiscal year.
About TopBuild
(
Free Report)
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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