TopBuild Corp. (NYSE:BLD) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. decreased its position in TopBuild Corp. (NYSE:BLD - Free Report) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,795,935 shares of the construction company's stock after selling 35,229 shares during the quarter. Vanguard Group Inc. owned 9.48% of TopBuild worth $870,486,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of TopBuild in the 3rd quarter valued at $31,000. Winch Advisory Services LLC acquired a new stake in TopBuild in the fourth quarter valued at $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 during the last quarter. Quantbot Technologies LP acquired a new position in shares of TopBuild during the 3rd quarter worth about $45,000. Finally, V Square Quantitative Management LLC increased its holdings in shares of TopBuild by 55.3% in the 4th 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 during the last quarter. Hedge funds and other institutional investors own 95.67% of the company's stock.

TopBuild Stock Performance

Shares of NYSE BLD traded down $28.89 during midday trading on Thursday, reaching $284.10. 595,298 shares of the company were exchanged, compared to its average volume of 311,045. The stock has a market cap of $8.31 billion, a P/E ratio of 14.33, a PEG ratio of 1.82 and a beta of 1.77. TopBuild Corp. has a 1 year low of $279.15 and a 1 year high of $495.68. The stock has a fifty day simple moving average of $315.94 and a 200 day simple moving average of $347.41. The company has a current ratio of 2.01, a quick ratio of 1.49 and a debt-to-equity ratio of 0.64.

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

Wall Street Analyst Weigh In

BLD has been the subject of a number of research analyst reports. StockNews.com downgraded TopBuild from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Evercore ISI cut shares of TopBuild from an "outperform" rating to an "inline" rating and lowered their target price for the company from $443.00 to $381.00 in a report on Monday, December 16th. Loop Capital cut their price target on shares of TopBuild from $405.00 to $390.00 and set a "buy" rating on the stock in a research note on Thursday, February 27th. Truist Financial decreased their price objective on shares of TopBuild from $395.00 to $310.00 and set a "hold" rating for the company in a research note on Thursday, February 27th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on TopBuild in a research report on Tuesday. They set a "buy" rating and a $356.00 target price on the stock. Four equities 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 presently has an average rating of "Moderate Buy" and a consensus target price of $398.56.

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.