Thrivent Financial for Lutherans Sells 1,633 Shares of TopBuild Corp. (NYSE:BLD)

Thrivent Financial for Lutherans lowered its position in TopBuild Corp. (NYSE:BLD - Free Report) by 13.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,590 shares of the construction company's stock after selling 1,633 shares during the quarter. Thrivent Financial for Lutherans' holdings in TopBuild were worth $3,297,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Winch Advisory Services LLC bought a new stake in shares of TopBuild in the 4th quarter worth approximately $26,000. Versant Capital Management Inc lifted its stake in shares of TopBuild by 327.3% in the 4th quarter. Versant Capital Management Inc now owns 94 shares of the construction company's stock valued at $29,000 after purchasing an additional 72 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of TopBuild during the third quarter valued at approximately $31,000. V Square Quantitative Management LLC grew its stake in TopBuild by 55.3% in the fourth 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 period. Finally, Quantbot Technologies LP bought a new position in TopBuild in the third quarter worth $45,000. 95.67% of the stock is currently owned by institutional investors.

TopBuild Stock Down 1.6 %

BLD stock traded down $5.06 during midday trading on Friday, hitting $305.95. The company's stock had a trading volume of 369,054 shares, compared to its average volume of 309,553. The firm's 50-day moving average is $319.92 and its 200-day moving average is $349.12. The company has a current ratio of 2.01, a quick ratio of 1.49 and a debt-to-equity ratio of 0.64. TopBuild Corp. has a 12 month low of $288.31 and a 12 month high of $495.68. The company has a market cap of $8.95 billion, a PE ratio of 15.44, a P/E/G ratio of 1.82 and a beta of 1.89.

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TopBuild (NYSE:BLD - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The construction company reported $5.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.07 by $0.06. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The firm had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the prior year, the company posted $4.69 earnings per share. The company's quarterly revenue was up 2.0% on a year-over-year basis. On average, equities research analysts forecast that TopBuild Corp. will post 20.97 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on BLD shares. Benchmark dropped their target price on shares of TopBuild from $445.00 to $375.00 and set a "buy" rating on the stock in a report on Monday, March 3rd. Evercore ISI lowered shares of TopBuild from an "outperform" rating to an "inline" rating and dropped their price objective for the stock from $443.00 to $381.00 in a research note on Monday, December 16th. Seaport Res Ptn downgraded shares of TopBuild from a "strong-buy" rating to a "hold" rating in a research note on Friday, December 13th. StockNews.com lowered shares of TopBuild from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Finally, The Goldman Sachs Group reduced their price objective on TopBuild from $475.00 to $410.00 and set a "buy" rating for the company in a research report on Tuesday, January 14th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $403.88.

TopBuild 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.