Two Sigma Securities LLC Buys Shares of 1,303 TopBuild Corp. (NYSE:BLD)

Two Sigma Securities LLC purchased a new position in shares of TopBuild Corp. (NYSE:BLD - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,303 shares of the construction company's stock, valued at approximately $406,000.

A number of other hedge funds have also recently modified their holdings of BLD. Winch Advisory Services LLC purchased a new stake in TopBuild in the 4th quarter worth approximately $26,000. Versant Capital Management Inc increased its stake in shares of TopBuild by 327.3% in the fourth quarter. Versant Capital Management Inc now owns 94 shares of the construction company's stock worth $29,000 after purchasing an additional 72 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of TopBuild during the 3rd quarter valued at $31,000. V Square Quantitative Management LLC lifted its stake in shares of TopBuild by 55.3% during the 4th quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company's stock valued at $37,000 after buying an additional 42 shares in the last quarter. Finally, World Investment Advisors LLC bought a new position in TopBuild in the 3rd quarter worth $54,000. Institutional investors own 95.67% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on BLD shares. The Goldman Sachs Group decreased their price target on TopBuild from $475.00 to $410.00 and set a "buy" rating on the stock in a report on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft assumed coverage on TopBuild in a report on Tuesday, April 1st. They issued a "buy" rating and a $356.00 price target on the stock. StockNews.com lowered shares of TopBuild from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Benchmark dropped their target price on shares of TopBuild from $445.00 to $375.00 and set a "buy" rating for the company in a research report on Monday, March 3rd. Finally, Loop Capital cut their target price on shares of TopBuild from $405.00 to $390.00 and set a "buy" rating for the company in a research note on Thursday, February 27th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $398.56.

TopBuild Price Performance

TopBuild stock opened at $296.83 on Friday. TopBuild Corp. has a 52-week low of $266.26 and a 52-week high of $495.68. The company has a market cap of $8.68 billion, a price-to-earnings ratio of 14.98, a PEG ratio of 1.82 and a beta of 1.78. The firm's fifty day moving average is $299.30 and its 200 day moving average is $333.46. The company has a quick ratio of 1.49, a current ratio of 2.01 and a debt-to-equity ratio of 0.64.

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

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.

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