Pacer Advisors Inc. Acquires 1,181 Shares of TopBuild Corp. (NYSE:BLD)

Pacer Advisors Inc. raised its holdings in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 16.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,164 shares of the construction company's stock after purchasing an additional 1,181 shares during the quarter. Pacer Advisors Inc.'s holdings in TopBuild were worth $2,542,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Winch Advisory Services LLC purchased a new stake in TopBuild during the 4th quarter worth about $26,000. Versant Capital Management Inc lifted its holdings in shares of TopBuild by 327.3% in the fourth quarter. Versant Capital Management Inc now owns 94 shares of the construction company's stock worth $29,000 after buying an additional 72 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of TopBuild in the third quarter valued at approximately $31,000. Kennebec Savings Bank purchased a new position in TopBuild during the third quarter valued at approximately $45,000. Finally, Quantbot Technologies LP bought a new stake in TopBuild during the 3rd quarter worth approximately $45,000. Institutional investors own 95.67% of the company's stock.

TopBuild Price Performance

NYSE BLD traded up $4.22 on Tuesday, reaching $333.01. 238,791 shares of the company's stock traded hands, compared to its average volume of 258,940. The stock has a market cap of $9.82 billion, a PE ratio of 16.80, a P/E/G ratio of 2.05 and a beta of 1.85. TopBuild Corp. has a 12 month low of $302.70 and a 12 month high of $495.68. The stock has a 50-day simple moving average of $341.24 and a 200 day simple moving average of $373.05. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.01 and a quick ratio of 1.49.

TopBuild (NYSE:BLD - Get Free Report) last issued its earnings results on Tuesday, November 5th. The construction company reported $5.68 EPS for the quarter, topping analysts' consensus estimates of $5.62 by $0.06. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The company had revenue of $1.37 billion for the quarter, compared to analysts' expectations of $1.39 billion. During the same quarter last year, the company earned $5.43 EPS. The firm's revenue was up 3.6% compared to the same quarter last year. As a group, research analysts predict that TopBuild Corp. will post 20.97 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have commented on BLD shares. Jefferies Financial Group cut their price target on shares of TopBuild from $525.00 to $515.00 and set a "buy" rating for the company in a report on Wednesday, October 9th. DA Davidson dropped their price objective on TopBuild from $460.00 to $450.00 and set a "buy" rating for the company in a research note on Thursday, November 7th. StockNews.com upgraded TopBuild from a "hold" rating to a "buy" rating in a research note on Tuesday, October 29th. Evercore ISI downgraded TopBuild from an "outperform" rating to an "inline" rating and dropped their price target for the company from $443.00 to $381.00 in a research report on Monday, December 16th. Finally, The Goldman Sachs Group decreased their price objective on shares of TopBuild from $475.00 to $410.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock currently 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.