Y Intercept Hong Kong Ltd Raises Stock Position in TopBuild Corp. (NYSE:BLD)

Y Intercept Hong Kong Ltd increased its stake in TopBuild Corp. (NYSE:BLD - Free Report) by 124.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,279 shares of the construction company's stock after purchasing an additional 1,265 shares during the quarter. Y Intercept Hong Kong Ltd's holdings in TopBuild were worth $710,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in BLD. Winch Advisory Services LLC bought a new stake in shares of TopBuild during the 4th quarter valued at about $26,000. Versant Capital Management Inc grew its position in TopBuild by 327.3% during the fourth quarter. Versant Capital Management Inc now owns 94 shares of the construction company's stock valued at $29,000 after buying an additional 72 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in TopBuild during the third quarter valued at approximately $31,000. V Square Quantitative Management LLC raised its position 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 acquiring an additional 42 shares during the period. Finally, Kennebec Savings Bank purchased a new position in shares of TopBuild during the 3rd quarter worth $45,000. Institutional investors own 95.67% of the company's stock.

TopBuild Price Performance

BLD traded up $3.16 during trading on Tuesday, hitting $299.28. 204,881 shares of the company traded hands, compared to its average volume of 304,622. The company has a current ratio of 2.01, a quick ratio of 1.49 and a debt-to-equity ratio of 0.64. The company has a market cap of $8.75 billion, a PE ratio of 15.10, a P/E/G ratio of 1.82 and a beta of 1.85. The stock's 50-day simple moving average is $325.69 and its two-hundred day simple moving average is $359.25. TopBuild Corp. has a 1 year low of $288.31 and a 1 year high of $495.68.

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TopBuild (NYSE:BLD - Get Free Report) last released its quarterly earnings data 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 business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.31 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The business's revenue was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.69 EPS. As a group, sell-side analysts anticipate that TopBuild Corp. will post 20.97 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Seaport Res Ptn lowered TopBuild from a "strong-buy" rating to a "hold" rating in a research note on Friday, December 13th. Benchmark reduced their price target on TopBuild from $445.00 to $375.00 and set a "buy" rating for the company in a research report on Monday. Loop Capital decreased their price objective on TopBuild from $405.00 to $390.00 and set a "buy" rating on the stock in a research note on Thursday, February 27th. The Goldman Sachs Group cut their price objective on TopBuild from $475.00 to $410.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. Finally, DA Davidson decreased their target price on shares of TopBuild from $460.00 to $450.00 and set a "buy" rating on the stock in a research note on Thursday, November 7th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $411.78.

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.