Aristides Capital LLC Takes $274,000 Position in TopBuild Corp. (NYSE:BLD)

Aristides Capital LLC purchased a new position in shares of TopBuild Corp. (NYSE:BLD) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 881 shares of the construction company’s stock, valued at approximately $274,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Winch Advisory Services LLC purchased a new stake in shares of TopBuild in the fourth quarter valued at about $26,000. Versant Capital Management Inc raised 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 purchasing an additional 72 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in TopBuild in the 3rd quarter valued at approximately $31,000. V Square Quantitative Management LLC grew its holdings in TopBuild by 55.3% during the 4th quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company’s stock valued at $37,000 after buying an additional 42 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new position in TopBuild during the third quarter worth $45,000. 95.67% of the stock is currently owned by hedge funds and other institutional investors.

TopBuild Stock Up 6.7 %

Shares of BLD opened at $303.28 on Monday. TopBuild Corp. has a fifty-two week low of $272.24 and a fifty-two week high of $495.68. The company’s fifty day moving average is $314.95 and its two-hundred day moving average is $346.04. The firm has a market cap of $8.87 billion, a PE ratio of 15.30, a price-to-earnings-growth ratio of 1.82 and a beta of 1.77. 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 (NYSE:BLD) last posted its quarterly earnings results on Tuesday, February 25th. The construction company reported $5.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.07 by $0.06. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the previous year, the business earned $4.69 earnings per share. The firm’s quarterly revenue was up 2.0% compared to the same quarter last year. Analysts forecast that TopBuild Corp. will post 20.97 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Truist Financial decreased their price objective on TopBuild from $395.00 to $310.00 and set a “hold” rating on the stock in a research note on Thursday, February 27th. The Goldman Sachs Group decreased their price target 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. Deutsche Bank Aktiengesellschaft started coverage on shares of TopBuild in a research report on Tuesday, April 1st. They issued a “buy” rating and a $356.00 price objective for the company. Seaport Res Ptn lowered shares of TopBuild from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. Finally, Evercore ISI downgraded TopBuild from an “outperform” rating to an “inline” rating and cut their price target for the company from $443.00 to $381.00 in a report on Monday, December 16th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $398.56.

About TopBuild

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.