Trium Capital LLP Has $1.17 Million Stake in TopBuild Corp. (NYSE:BLD)

Trium Capital LLP grew its stake in TopBuild Corp. (NYSE:BLD - Free Report) by 96.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,763 shares of the construction company's stock after purchasing an additional 1,844 shares during the period. TopBuild comprises approximately 0.2% of Trium Capital LLP's investment portfolio, making the stock its 19th largest position. Trium Capital LLP's holdings in TopBuild were worth $1,172,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in BLD. Dixon Mitchell Investment Counsel Inc. boosted its holdings in shares of TopBuild by 63.8% during the 4th quarter. Dixon Mitchell Investment Counsel Inc. now owns 62,601 shares of the construction company's stock valued at $19,490,000 after acquiring an additional 24,388 shares in the last quarter. Winch Advisory Services LLC bought a new position in TopBuild in the fourth quarter valued at about $26,000. Argent Capital Management LLC boosted its stake in shares of TopBuild by 9.7% during the fourth quarter. Argent Capital Management LLC now owns 13,076 shares of the construction company's stock valued at $4,071,000 after purchasing an additional 1,161 shares in the last quarter. Burney Co. bought a new stake in shares of TopBuild during the fourth quarter worth about $249,000. Finally, Park Avenue Securities LLC increased its stake in shares of TopBuild by 22.8% in the fourth quarter. Park Avenue Securities LLC now owns 1,070 shares of the construction company's stock valued at $333,000 after buying an additional 199 shares during the period. 95.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Jefferies Financial Group cut their target price on shares of TopBuild from $525.00 to $515.00 and set a "buy" rating on the stock in a research report on Wednesday, October 9th. Evercore ISI cut shares of TopBuild from an "outperform" rating to an "inline" rating and reduced their price objective for the stock from $443.00 to $381.00 in a research note on Monday, December 16th. DA Davidson lowered their target price on TopBuild from $460.00 to $450.00 and set a "buy" rating for the company in a research report on Thursday, November 7th. Seaport Res Ptn lowered TopBuild from a "strong-buy" rating to a "hold" rating in a research report on Friday, December 13th. Finally, StockNews.com raised TopBuild from a "hold" rating to a "buy" rating in a research note on Tuesday, October 29th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $437.00.

TopBuild Trading Up 0.2 %

NYSE BLD traded up $0.86 during trading hours on Friday, hitting $346.72. 210,749 shares of the company's stock were exchanged, compared to its average volume of 285,998. The firm has a market cap of $10.23 billion, a price-to-earnings ratio of 17.49, a PEG ratio of 1.84 and a beta of 1.84. The stock has a 50-day simple moving average of $345.83 and a 200 day simple moving average of $379.10. 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 1-year low of $302.70 and a 1-year high of $495.68.

TopBuild (NYSE:BLD - Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The construction company reported $5.68 EPS for the quarter, topping the consensus estimate of $5.62 by $0.06. The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.39 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The company's quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter last year, the firm posted $5.43 EPS. On average, equities analysts forecast that TopBuild Corp. will post 20.95 EPS 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.