F M Investments LLC Has $3.26 Million Stock Holdings in Installed Building Products, Inc. (NYSE:IBP)

F M Investments LLC trimmed its holdings in Installed Building Products, Inc. (NYSE:IBP - Free Report) by 62.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,575 shares of the construction company's stock after selling 31,209 shares during the period. F M Investments LLC owned 0.07% of Installed Building Products worth $3,255,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of IBP. Curio Wealth LLC acquired a new stake in Installed Building Products during the fourth quarter valued at approximately $30,000. Smartleaf Asset Management LLC lifted its holdings in shares of Installed Building Products by 295.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 364 shares of the construction company's stock valued at $64,000 after purchasing an additional 272 shares in the last quarter. Headlands Technologies LLC lifted its holdings in shares of Installed Building Products by 819.0% in the fourth quarter. Headlands Technologies LLC now owns 726 shares of the construction company's stock valued at $127,000 after purchasing an additional 647 shares in the last quarter. Principal Securities Inc. grew its holdings in shares of Installed Building Products by 20.0% in the 4th quarter. Principal Securities Inc. now owns 1,118 shares of the construction company's stock valued at $196,000 after acquiring an additional 186 shares in the last quarter. Finally, Coldstream Capital Management Inc. acquired a new stake in shares of Installed Building Products in the third quarter valued at approximately $203,000. 99.61% of the stock is currently owned by institutional investors.

Installed Building Products Trading Down 2.5 %

Shares of Installed Building Products stock traded down $4.17 during trading on Wednesday, hitting $159.79. The stock had a trading volume of 71,255 shares, compared to its average volume of 332,483. Installed Building Products, Inc. has a 1 year low of $153.85 and a 1 year high of $281.04. The company has a market capitalization of $4.41 billion, a PE ratio of 17.75 and a beta of 1.84. The company has a quick ratio of 2.50, a current ratio of 2.99 and a debt-to-equity ratio of 1.18. The stock has a 50 day simple moving average of $172.17 and a 200 day simple moving average of $196.59.

Installed Building Products Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 0.93%. This is a positive change from Installed Building Products's previous quarterly dividend of $0.35. Installed Building Products's dividend payout ratio is currently 16.26%.

Analysts Set New Price Targets

IBP has been the topic of a number of recent analyst reports. Loop Capital decreased their price target on Installed Building Products from $230.00 to $215.00 and set a "buy" rating on the stock in a research report on Tuesday, March 4th. The Goldman Sachs Group reduced their price objective on shares of Installed Building Products from $262.00 to $228.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. DA Davidson cut their target price on Installed Building Products from $260.00 to $225.00 and set a "buy" rating for the company in a research note on Friday, February 28th. Benchmark reduced their price target on Installed Building Products from $250.00 to $210.00 and set a "buy" rating on the stock in a report on Monday, March 3rd. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Installed Building Products in a research report on Tuesday, April 1st. They set a "hold" rating and a $183.00 price target for the company. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $216.09.

Installed Building Products Profile

Installed Building Products, Inc, together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the United States. It operates through Installation, Distribution, and Manufacturing operation segments.