Boston Trust Walden Corp Has $43.61 Million Stock Position in TopBuild Corp. (NYSE:BLD)

Boston Trust Walden Corp grew its stake in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 3.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 140,062 shares of the construction company's stock after purchasing an additional 4,913 shares during the quarter. Boston Trust Walden Corp owned 0.47% of TopBuild worth $43,607,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. FMR LLC grew its stake in shares of TopBuild by 9.7% during the third quarter. FMR LLC now owns 1,830,493 shares of the construction company's stock valued at $744,663,000 after acquiring an additional 161,743 shares in the last quarter. State Street Corp boosted its holdings in TopBuild by 3.2% in the third quarter. State Street Corp now owns 1,120,029 shares of the construction company's stock valued at $455,639,000 after purchasing an additional 34,911 shares during the last quarter. Geode Capital Management LLC grew its stake in TopBuild by 2.1% during the 3rd quarter. Geode Capital Management LLC now owns 627,989 shares of the construction company's stock valued at $255,526,000 after purchasing an additional 12,909 shares in the last quarter. Vaughan Nelson Investment Management L.P. purchased a new stake in TopBuild during the 3rd quarter worth approximately $114,220,000. Finally, Charles Schwab Investment Management Inc. raised its position in shares of TopBuild by 2.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 233,414 shares of the construction company's stock valued at $94,955,000 after purchasing an additional 5,982 shares in the last quarter. Institutional investors and hedge funds own 95.67% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on BLD shares. Seaport Res Ptn lowered shares of TopBuild from a "strong-buy" rating to a "hold" rating in a research note on Friday, December 13th. DA Davidson dropped their target price on shares of TopBuild from $460.00 to $450.00 and set a "buy" rating for the company in a research report on Thursday, November 7th. The Goldman Sachs Group reduced their price target 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. StockNews.com raised TopBuild from a "hold" rating to a "buy" rating in a report on Tuesday, October 29th. Finally, Evercore ISI downgraded TopBuild from an "outperform" rating to an "inline" rating and reduced their target price for the stock from $443.00 to $381.00 in a report on Monday, December 16th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $437.00.

TopBuild Stock Performance

Shares of NYSE BLD traded down $12.41 during midday trading on Friday, reaching $326.92. 356,553 shares of the company traded hands, compared to its average volume of 273,609. The stock has a 50-day moving average price of $337.91 and a 200 day moving average price of $371.67. The company has a market cap of $9.64 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 2.05 and a beta of 1.85. 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 Corp. has a 52 week low of $302.70 and a 52 week high of $495.68.

TopBuild (NYSE:BLD - Get Free Report) last posted its quarterly earnings data on Tuesday, November 5th. The construction company reported $5.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.62 by $0.06. The business had revenue of $1.37 billion during the quarter, compared to analysts' expectations of $1.39 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The business's revenue was up 3.6% on a year-over-year basis. During the same period last year, the firm posted $5.43 earnings per share. Sell-side analysts anticipate that TopBuild Corp. will post 20.97 earnings per share for the current fiscal year.

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.