TopBuild Corp. (NYSE:BLD) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC lessened its stake in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 14.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 87,894 shares of the construction company's stock after selling 15,301 shares during the period. Natixis Advisors LLC owned 0.30% of TopBuild worth $27,365,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of BLD. CIBC Asset Management Inc raised its stake in TopBuild by 3.6% during the third quarter. CIBC Asset Management Inc now owns 919 shares of the construction company's stock worth $374,000 after purchasing an additional 32 shares during the period. Sheaff Brock Investment Advisors LLC raised its position in TopBuild by 0.7% in the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 5,400 shares of the construction company's stock valued at $1,681,000 after purchasing an additional 40 shares during the period. Pathstone Holdings LLC grew its holdings in shares of TopBuild by 1.0% during the 3rd quarter. Pathstone Holdings LLC now owns 4,208 shares of the construction company's stock worth $1,712,000 after purchasing an additional 41 shares during the period. V Square Quantitative Management LLC increased its position 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 worth $37,000 after purchasing an additional 42 shares during the last quarter. Finally, Point72 DIFC Ltd lifted its position in TopBuild by 1.8% in the third quarter. Point72 DIFC Ltd now owns 2,535 shares of the construction company's stock valued at $1,031,000 after buying an additional 46 shares during the last quarter. Institutional investors and hedge funds own 95.67% of the company's stock.

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Wall Street Analysts Forecast Growth

Several brokerages have recently commented on BLD. StockNews.com lowered shares of TopBuild from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Evercore ISI lowered TopBuild from an "outperform" rating to an "inline" rating and lowered their price target for the stock from $443.00 to $381.00 in a research report on Monday, December 16th. Loop Capital cut their price objective on TopBuild from $405.00 to $390.00 and set a "buy" rating on the stock in a report on Thursday, February 27th. Truist Financial lowered their target price on TopBuild from $395.00 to $310.00 and set a "hold" rating for the company in a report on Thursday, February 27th. Finally, Benchmark cut their price target on shares of TopBuild from $445.00 to $375.00 and set a "buy" rating on the stock in a research note 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 company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $403.88.

TopBuild Stock Down 2.6 %

BLD stock traded down $7.98 during mid-day trading on Friday, reaching $298.57. The company had a trading volume of 739,263 shares, compared to its average volume of 301,330. TopBuild Corp. has a fifty-two week low of $288.31 and a fifty-two week high of $495.68. The company has a market capitalization of $8.73 billion, a price-to-earnings ratio of 15.06, a price-to-earnings-growth 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. The firm has a fifty day simple moving average of $322.72 and a 200 day simple moving average of $351.83.

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, beating the consensus estimate of $5.07 by $0.06. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The firm had revenue of $1.31 billion for the quarter, compared to analysts' expectations of $1.31 billion. During the same quarter last year, the company earned $4.69 earnings per share. The firm's revenue was up 2.0% compared to the same quarter last year. Analysts forecast that TopBuild Corp. will post 20.97 earnings per share for the current fiscal year.

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.