Mirabella Financial Services LLP Takes $1.17 Million Position in TopBuild Corp. (NYSE:BLD)

Mirabella Financial Services LLP 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 Securities & Exchange Commission. The firm purchased 3,781 shares of the construction company's stock, valued at approximately $1,174,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Winch Advisory Services LLC acquired a new position in shares of TopBuild during the 4th quarter valued at $26,000. Versant Capital Management Inc lifted its stake in shares of TopBuild by 327.3% during the fourth quarter. Versant Capital Management Inc now owns 94 shares of the construction company's stock worth $29,000 after purchasing an additional 72 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of TopBuild in the third quarter worth about $31,000. V Square Quantitative Management LLC raised its holdings in shares of TopBuild by 55.3% during the 4th quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company's stock valued at $37,000 after buying an additional 42 shares during the period. Finally, World Investment Advisors LLC acquired a new position in TopBuild during the 3rd quarter worth approximately $54,000. 95.67% of the stock is owned by institutional investors and hedge funds.

TopBuild Stock Performance

Shares of NYSE BLD traded up $6.53 during trading on Thursday, reaching $302.42. The stock had a trading volume of 290,335 shares, compared to its average volume of 315,657. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.49 and a current ratio of 2.01. The stock has a market cap of $8.84 billion, a PE ratio of 15.26, a P/E/G ratio of 1.82 and a beta of 1.78. TopBuild Corp. has a one year low of $266.26 and a one year high of $495.68. The firm's 50 day moving average price is $299.78 and its two-hundred day moving average price is $334.48.

TopBuild (NYSE:BLD - Get Free Report) last issued its 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. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The company had revenue of $1.31 billion for the quarter, compared to analysts' expectations of $1.31 billion. During the same period in the prior year, the company earned $4.69 earnings per share. The firm's revenue was up 2.0% compared to the same quarter last year. On average, research analysts forecast that TopBuild Corp. will post 20.97 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on BLD. The Goldman Sachs Group lowered their price objective on shares of TopBuild from $475.00 to $410.00 and set a "buy" rating for the company in a research report on Tuesday, January 14th. StockNews.com downgraded shares of TopBuild from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of TopBuild in a research report on Tuesday, April 1st. They issued a "buy" rating and a $356.00 price objective for the company. Truist Financial dropped their target price on TopBuild from $395.00 to $310.00 and set a "hold" rating on the stock in a research report on Thursday, February 27th. Finally, Benchmark reduced their price target on TopBuild from $445.00 to $375.00 and set a "buy" rating for the company in a report on Monday, March 3rd. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $398.56.

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.