TopBuild Corp. (NYSE:BLD) Shares Acquired by Whittier Trust Co.

Whittier Trust Co. boosted its position in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 3.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,739 shares of the construction company's stock after acquiring an additional 1,303 shares during the period. Whittier Trust Co. owned 0.13% of TopBuild worth $12,060,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. CIBC Asset Management Inc boosted its holdings in shares of TopBuild by 3.6% in the 3rd 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 last quarter. Sheaff Brock Investment Advisors LLC lifted its position in TopBuild by 0.7% during the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 5,400 shares of the construction company's stock valued at $1,681,000 after purchasing an additional 40 shares during the period. Pathstone Holdings LLC boosted its holdings in TopBuild by 1.0% in the third quarter. Pathstone Holdings LLC now owns 4,208 shares of the construction company's stock valued at $1,712,000 after purchasing an additional 41 shares during the last quarter. V Square Quantitative Management LLC boosted its holdings 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 purchasing an additional 42 shares during the last quarter. Finally, Point72 DIFC Ltd grew its position in TopBuild by 1.8% during the 3rd quarter. Point72 DIFC Ltd now owns 2,535 shares of the construction company's stock worth $1,031,000 after purchasing an additional 46 shares during the period. Hedge funds and other institutional investors own 95.67% of the company's stock.

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TopBuild Price Performance

Shares of NYSE BLD traded down $2.24 during trading on Tuesday, hitting $312.86. The company had a trading volume of 339,635 shares, compared to its average volume of 301,954. The firm has a market capitalization of $9.15 billion, a price-to-earnings ratio of 15.79, a price-to-earnings-growth ratio of 1.82 and a beta of 1.89. The stock has a fifty day simple moving average of $322.43 and a two-hundred day simple moving average of $350.56. 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 Corp. has a fifty-two week low of $288.31 and a fifty-two week high of $495.68.

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

Analysts Set New Price Targets

A number of analysts have recently commented on BLD shares. StockNews.com downgraded TopBuild from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Seaport Res Ptn lowered TopBuild from a "strong-buy" rating to a "hold" rating in a research report on Friday, December 13th. Evercore ISI cut shares of TopBuild from an "outperform" rating to an "inline" rating and dropped their price objective for the stock from $443.00 to $381.00 in a research note on Monday, December 16th. Benchmark decreased their target price on shares of TopBuild from $445.00 to $375.00 and set a "buy" rating for the company in a research note on Monday, March 3rd. Finally, Loop Capital lowered 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. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, TopBuild presently has an average rating of "Moderate Buy" and an average 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.