SG Americas Securities LLC Boosts Holdings in TopBuild Corp. (NYSE:BLD)

SG Americas Securities LLC raised its stake in TopBuild Corp. (NYSE:BLD - Free Report) by 430.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,070 shares of the construction company's stock after buying an additional 2,491 shares during the quarter. SG Americas Securities LLC's holdings in TopBuild were worth $956,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of BLD. Winch Advisory Services LLC acquired a new position in TopBuild in the 4th quarter valued at about $26,000. Versant Capital Management Inc lifted its holdings in TopBuild by 327.3% during the 4th 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 acquired a new stake in TopBuild during the 3rd quarter worth approximately $31,000. Kennebec Savings Bank acquired a new position in shares of TopBuild in the third quarter worth $45,000. Finally, Quantbot Technologies LP purchased a new stake in shares of TopBuild during the third quarter worth $45,000. Hedge funds and other institutional investors own 95.67% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on BLD shares. 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 report on Tuesday, January 14th. StockNews.com raised TopBuild from a "hold" rating to a "buy" rating in a research report on Tuesday, October 29th. Evercore ISI cut shares of TopBuild from an "outperform" rating to an "inline" rating and reduced their target price for the company from $443.00 to $381.00 in a report on Monday, December 16th. DA Davidson lowered their price target on shares of TopBuild from $460.00 to $450.00 and set a "buy" rating for the company in a report on Thursday, November 7th. Finally, Jefferies Financial Group reduced their price objective on shares of TopBuild from $525.00 to $515.00 and set a "buy" rating on the stock in a report on Wednesday, October 9th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $437.00.

TopBuild Stock Performance

Shares of BLD traded down $9.98 during midday trading on Friday, reaching $342.29. 256,585 shares of the stock were exchanged, compared to its average volume of 227,605. TopBuild Corp. has a twelve month low of $302.70 and a twelve month high of $495.68. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.01 and a quick ratio of 1.49. The company has a market capitalization of $10.10 billion, a price-to-earnings ratio of 17.27, a PEG ratio of 2.00 and a beta of 1.84. The business's 50-day moving average price is $343.89 and its 200 day moving average price is $375.17.

TopBuild (NYSE:BLD - Get Free Report) last released its quarterly earnings results on Tuesday, November 5th. The construction company reported $5.68 EPS for the quarter, topping the consensus estimate of $5.62 by $0.06. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.39 billion. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The firm's revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.43 earnings per share. On average, sell-side analysts expect that TopBuild Corp. will post 20.97 EPS for the current fiscal year.

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.