Union Bancaire Privee UBP SA Takes $1.45 Million Position in TopBuild Corp. (NYSE:BLD)

Union Bancaire Privee UBP SA bought a new position in TopBuild Corp. (NYSE:BLD - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,666 shares of the construction company's stock, valued at approximately $1,450,000.

Several other large investors have also recently modified their holdings of BLD. TFG Advisers LLC boosted its stake in TopBuild by 1.1% in the 3rd quarter. TFG Advisers LLC now owns 2,975 shares of the construction company's stock worth $1,210,000 after purchasing an additional 31 shares during the period. CIBC Asset Management Inc boosted its position in shares of TopBuild by 3.6% in the third quarter. CIBC Asset Management Inc now owns 919 shares of the construction company's stock valued at $374,000 after acquiring an additional 32 shares during the period. Sheaff Brock Investment Advisors LLC grew its stake in TopBuild by 0.6% during the third quarter. Sheaff Brock Investment Advisors LLC now owns 5,360 shares of the construction company's stock valued at $2,181,000 after acquiring an additional 33 shares in the last quarter. CWM LLC increased its holdings in TopBuild by 10.3% during the 3rd quarter. CWM LLC now owns 387 shares of the construction company's stock worth $157,000 after acquiring an additional 36 shares during the period. Finally, Atlanta Consulting Group Advisors LLC increased its holdings in TopBuild by 1.5% during the 3rd quarter. Atlanta Consulting Group Advisors LLC now owns 2,699 shares of the construction company's stock worth $1,098,000 after acquiring an additional 39 shares during the period. Hedge funds and other institutional investors own 95.67% of the company's stock.

TopBuild Trading Down 2.8 %

TopBuild stock traded down $9.98 during trading hours on Friday, reaching $342.29. The stock had a trading volume of 146,426 shares, compared to its average volume of 252,055. The stock has a market cap of $10.10 billion, a PE ratio of 17.27, a PEG ratio of 2.00 and a beta of 1.84. The company has a fifty day simple moving average of $344.51 and a 200-day simple moving average of $376.47. 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 Corp. has a 52 week low of $302.70 and a 52 week high of $495.68.

TopBuild (NYSE:BLD - Get Free Report) last released its quarterly earnings results on Tuesday, November 5th. The construction company reported $5.68 EPS for the quarter, beating analysts' consensus estimates of $5.62 by $0.06. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The business had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the prior year, the company posted $5.43 EPS. TopBuild's quarterly revenue was up 3.6% compared to the same quarter last year. Analysts forecast that TopBuild Corp. will post 20.97 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Jefferies Financial Group decreased their price target on shares of TopBuild from $525.00 to $515.00 and set a "buy" rating on the stock in a report on Wednesday, October 9th. Seaport Res Ptn lowered TopBuild from a "strong-buy" rating to a "hold" rating in a research note on Friday, December 13th. Evercore ISI cut TopBuild from an "outperform" rating to an "inline" rating and lowered their price target for the company from $443.00 to $381.00 in a report on Monday, December 16th. DA Davidson cut their price objective on TopBuild from $460.00 to $450.00 and set a "buy" rating for the company in a report on Thursday, November 7th. Finally, The Goldman Sachs Group lowered their target price on shares of TopBuild from $475.00 to $410.00 and set a "buy" rating on the stock in a research note on Tuesday, January 14th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, TopBuild presently has an average rating of "Moderate Buy" and an average target price of $437.00.

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.