XTX Topco Ltd Purchases 1,431 Shares of TopBuild Corp. (NYSE:BLD)

XTX Topco Ltd raised its holdings in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 59.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,853 shares of the construction company's stock after buying an additional 1,431 shares during the period. XTX Topco Ltd's holdings in TopBuild were worth $1,200,000 at the end of the most recent reporting period.

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

TopBuild Stock Up 2.3 %

BLD traded up $6.36 during trading on Friday, reaching $285.65. The stock had a trading volume of 232,488 shares, compared to its average volume of 317,051. TopBuild Corp. has a one year low of $266.26 and a one year high of $495.68. The company has a market capitalization of $8.35 billion, a price-to-earnings ratio of 14.41, a P/E/G ratio of 1.82 and a beta of 1.78. The company has a current ratio of 2.01, a quick ratio of 1.49 and a debt-to-equity ratio of 0.64. The stock's 50 day moving average is $302.52 and its two-hundred day moving average is $336.42.

TopBuild (NYSE:BLD - Get Free Report) last issued its quarterly earnings results 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. The company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.31 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. TopBuild's quarterly revenue was up 2.0% compared to the same quarter last year. During the same period last year, the business earned $4.69 EPS. As a group, analysts expect that TopBuild Corp. will post 20.97 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on BLD. Truist Financial lowered their price target on shares of TopBuild from $395.00 to $310.00 and set a "hold" rating for the company in a report on Thursday, February 27th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of TopBuild in a report on Tuesday, April 1st. They set a "buy" rating and a $356.00 target price for the company. StockNews.com cut TopBuild from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Loop Capital lowered their price target on TopBuild from $405.00 to $390.00 and set a "buy" rating for the company in a research report on Thursday, February 27th. Finally, Benchmark cut their price objective on TopBuild from $445.00 to $375.00 and set a "buy" rating on the stock in a research report on Monday, March 3rd. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $398.56.

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.