Polen Capital Management LLC Has $1.63 Million Position in TopBuild Corp. (NYSE:BLD)

Polen Capital Management LLC increased its position in TopBuild Corp. (NYSE:BLD - Free Report) by 28.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,220 shares of the construction company's stock after purchasing an additional 1,145 shares during the quarter. Polen Capital Management LLC's holdings in TopBuild were worth $1,625,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CIBC Asset Management Inc increased its position in TopBuild by 3.6% in 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. Atlanta Consulting Group Advisors LLC grew its position in shares of TopBuild by 1.5% during the 3rd quarter. Atlanta Consulting Group Advisors LLC now owns 2,699 shares of the construction company's stock worth $1,098,000 after buying an additional 39 shares during the period. Sheaff Brock Investment Advisors LLC grew its position in shares of TopBuild by 0.7% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 5,400 shares of the construction company's stock worth $1,681,000 after buying an additional 40 shares during the period. Pathstone Holdings LLC grew its position 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 buying an additional 41 shares during the period. Finally, V Square Quantitative Management LLC grew 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 buying an additional 42 shares during the period. 95.67% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Ratings Changes

BLD has been the subject of several analyst reports. Benchmark decreased their target price on TopBuild from $445.00 to $375.00 and set a "buy" rating for the company in a research report on Monday, March 3rd. The Goldman Sachs Group decreased their target price on 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 cut TopBuild from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. 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. Finally, Seaport Res Ptn cut TopBuild from a "strong-buy" rating to a "hold" rating in a report on Friday, December 13th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $403.88.

TopBuild Stock Up 0.3 %

NYSE BLD traded up $0.86 during trading on Thursday, hitting $306.73. The stock had a trading volume of 254,921 shares, compared to its average volume of 299,712. The company has a market capitalization of $8.97 billion, a PE ratio of 15.48, a P/E/G ratio of 1.82 and a beta of 1.89. The company's 50-day moving average price is $322.97 and its two-hundred day moving average price is $352.14. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.49 and a current ratio of 2.01. TopBuild Corp. has a 12 month low of $288.31 and a 12 month high of $495.68.

TopBuild (NYSE:BLD - Get Free Report) last released its earnings results on Tuesday, February 25th. The construction company reported $5.13 EPS for the quarter, beating the consensus estimate of $5.07 by $0.06. The firm had revenue of $1.31 billion for the quarter, compared to analysts' expectations of $1.31 billion. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The business's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.69 EPS. As a group, sell-side analysts forecast that TopBuild Corp. will post 20.97 EPS for the current 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.