1,579 Shares in TopBuild Corp. (NYSE:BLD) Purchased by Bryce Point Capital LLC

Bryce Point Capital LLC bought a new stake in shares of TopBuild Corp. (NYSE:BLD) during the 4th quarter, HoldingsChannel reports. The firm bought 1,579 shares of the construction company’s stock, valued at approximately $492,000.

A number of other large investors also recently made changes to their positions in BLD. Winch Advisory Services LLC acquired a new stake in shares of TopBuild during the fourth quarter worth approximately $26,000. Versant Capital Management Inc boosted its stake 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 valued at $29,000 after buying an additional 72 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of TopBuild during the 3rd quarter valued at $31,000. V Square Quantitative Management LLC increased its stake in shares of TopBuild by 55.3% in the fourth quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company’s stock worth $37,000 after acquiring an additional 42 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of TopBuild during the third quarter worth $45,000. Institutional investors and hedge funds own 95.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on BLD shares. Loop Capital lowered their target price on TopBuild from $405.00 to $390.00 and set a “buy” rating on the stock in a research note on Thursday, February 27th. The Goldman Sachs Group dropped their price objective on TopBuild from $475.00 to $410.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Truist Financial cut their price objective on shares of TopBuild from $395.00 to $310.00 and set a “hold” rating on the stock in a research report on Thursday, February 27th. Benchmark dropped their price target on shares of TopBuild from $445.00 to $375.00 and set a “buy” rating on the stock in a research note on Monday, March 3rd. Finally, Seaport Res Ptn downgraded TopBuild from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 13th. Four investment 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 stock has a consensus rating of “Moderate Buy” and a consensus target price of $398.56.

TopBuild Stock Down 9.2 %

Shares of BLD stock opened at $284.10 on Friday. TopBuild Corp. has a 12 month low of $279.15 and a 12 month high of $495.68. The company has a quick ratio of 1.49, a current ratio of 2.01 and a debt-to-equity ratio of 0.64. The firm has a market cap of $8.31 billion, a PE ratio of 14.33, a price-to-earnings-growth ratio of 1.82 and a beta of 1.77. The stock has a 50 day moving average of $315.94 and a 200-day moving average of $347.41.

TopBuild (NYSE:BLD) last released its earnings results on Tuesday, February 25th. The construction company reported $5.13 EPS for the quarter, beating the consensus estimate 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 analysts’ expectations of $1.31 billion. During the same period in the prior year, the company earned $4.69 EPS. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. On average, equities analysts predict that TopBuild Corp. will post 20.97 EPS for the current year.

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.