National Bank of Canada FI Has $8.04 Million Holdings in TopBuild Corp. (NYSE:BLD)

National Bank of Canada FI raised its holdings in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 183.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,833 shares of the construction company's stock after acquiring an additional 16,735 shares during the quarter. National Bank of Canada FI owned approximately 0.09% of TopBuild worth $8,043,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in BLD. Sheaff Brock Investment Advisors LLC lifted its position in TopBuild by 0.7% in 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 in the last quarter. V Square Quantitative Management LLC raised its position in TopBuild by 55.3% during the fourth quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company's stock valued at $37,000 after acquiring an additional 42 shares in the last quarter. CIBC Asset Management Inc lifted its stake in TopBuild by 5.2% in the fourth quarter. CIBC Asset Management Inc now owns 967 shares of the construction company's stock valued at $301,000 after acquiring an additional 48 shares during the last quarter. Trust Co. of Vermont raised its holdings in shares of TopBuild by 21.8% during the 4th quarter. Trust Co. of Vermont now owns 307 shares of the construction company's stock valued at $96,000 after purchasing an additional 55 shares in the last quarter. Finally, Blue Trust Inc. lifted its stake in shares of TopBuild by 18.0% in the 4th quarter. Blue Trust Inc. now owns 440 shares of the construction company's stock valued at $137,000 after purchasing an additional 67 shares during the last quarter. Institutional investors and hedge funds own 95.67% of the company's stock.

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TopBuild Price Performance

Shares of BLD traded down $15.26 during trading hours on Thursday, hitting $281.87. The stock had a trading volume of 68,797 shares, compared to its average volume of 316,790. TopBuild Corp. has a 52 week low of $266.26 and a 52 week high of $495.68. The stock has a market capitalization of $8.24 billion, a price-to-earnings ratio of 14.25, a P/E/G ratio of 1.82 and a beta of 1.78. The company's fifty day moving average is $308.91 and its two-hundred day moving average is $342.58. 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 posted its 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. The company had revenue of $1.31 billion during the quarter, compared to analysts' expectations of $1.31 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. TopBuild's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.69 earnings per share. On average, analysts anticipate that TopBuild Corp. will post 20.97 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have weighed in on BLD. Deutsche Bank Aktiengesellschaft started coverage on TopBuild in a report on Tuesday, April 1st. They set a "buy" rating and a $356.00 target price on the stock. Truist Financial lowered their price target on TopBuild from $395.00 to $310.00 and set a "hold" rating on the stock in a report on Thursday, February 27th. Seaport Res Ptn lowered shares of TopBuild from a "strong-buy" rating to a "hold" rating in a research note on Friday, December 13th. Loop Capital cut their price target on TopBuild from $405.00 to $390.00 and set a "buy" rating for the company in a report on Thursday, February 27th. Finally, The Goldman Sachs Group lowered their price target on shares of TopBuild from $475.00 to $410.00 and set a "buy" rating on the stock in a report on Tuesday, January 14th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, TopBuild currently has an average rating of "Moderate Buy" and an average price target of $398.56.

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.