Whittier Trust Co. of Nevada Inc. Buys 966 Shares of TopBuild Corp. (NYSE:BLD)

Whittier Trust Co. of Nevada Inc. increased its stake in TopBuild Corp. (NYSE:BLD - Free Report) by 5.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,441 shares of the construction company's stock after purchasing an additional 966 shares during the period. Whittier Trust Co. of Nevada Inc. owned approximately 0.07% of TopBuild worth $6,052,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Winch Advisory Services LLC bought a new stake in TopBuild during the fourth quarter worth $26,000. Versant Capital Management Inc lifted its position in shares of 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. Wilmington Savings Fund Society FSB acquired a new stake in TopBuild in the third quarter valued at about $31,000. V Square Quantitative Management LLC grew 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 valued at $37,000 after acquiring an additional 42 shares during the last quarter. Finally, Quantbot Technologies LP bought a new position in shares of TopBuild in the third quarter worth about $45,000. Institutional investors and hedge funds own 95.67% of the company's stock.

TopBuild Trading Down 0.3 %

Shares of NYSE:BLD traded down $0.85 during trading on Wednesday, reaching $312.36. The stock had a trading volume of 225,787 shares, compared to its average volume of 302,039. TopBuild Corp. has a 52 week low of $288.31 and a 52 week high of $495.68. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.49 and a current ratio of 2.01. The firm's fifty day moving average is $322.04 and its 200 day moving average is $350.23. The stock has a market cap of $9.13 billion, a price-to-earnings ratio of 15.76, a P/E/G ratio of 1.82 and a beta of 1.89.

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TopBuild (NYSE:BLD - Get Free Report) last issued 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 business had revenue of $1.31 billion for the quarter, compared to analysts' expectations of $1.31 billion. The business's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.69 earnings per share. As a group, equities analysts forecast that TopBuild Corp. will post 20.97 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on BLD shares. Loop Capital decreased their price target on shares of TopBuild from $405.00 to $390.00 and set a "buy" rating on the stock in a report on Thursday, February 27th. Seaport Res Ptn cut TopBuild from a "strong-buy" rating to a "hold" rating in a research note on Friday, December 13th. The Goldman Sachs Group lowered their target price on TopBuild from $475.00 to $410.00 and set a "buy" rating for the company in a report on Tuesday, January 14th. Benchmark reduced their price target on TopBuild from $445.00 to $375.00 and set a "buy" rating on the stock in a report on Monday, March 3rd. Finally, StockNews.com lowered shares of TopBuild from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $403.88.

TopBuild Company 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.