TopBuild Corp. (NYSE:BLD) Holdings Lifted by Yousif Capital Management LLC

Yousif Capital Management LLC increased its holdings in shares of TopBuild Corp. (NYSE:BLD) by 2.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,117 shares of the construction company’s stock after buying an additional 303 shares during the quarter. Yousif Capital Management LLC’s holdings in TopBuild were worth $5,658,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Contravisory Investment Management Inc. purchased a new position in shares of TopBuild during the fourth quarter valued at $28,000. BluePath Capital Management LLC acquired a new stake in TopBuild during the third quarter valued at $30,000. Nomura Asset Management Co. Ltd. boosted its position in TopBuild by 37.1% during the third quarter. Nomura Asset Management Co. Ltd. now owns 159 shares of the construction company’s stock valued at $40,000 after purchasing an additional 43 shares during the last quarter. Headlands Technologies LLC acquired a new stake in TopBuild during the third quarter valued at $44,000. Finally, Cullen Frost Bankers Inc. acquired a new stake in TopBuild during the third quarter valued at $75,000. Hedge funds and other institutional investors own 95.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on BLD. StockNews.com raised TopBuild from a “hold” rating to a “buy” rating in a research report on Saturday, April 6th. The Goldman Sachs Group lifted their price objective on TopBuild from $419.00 to $429.00 and gave the company a “buy” rating in a research report on Friday, March 1st. Bank of America lifted their price objective on TopBuild from $410.00 to $475.00 and gave the company a “buy” rating in a research report on Thursday, March 14th. Benchmark boosted their price target on TopBuild from $320.00 to $450.00 and gave the stock a “buy” rating in a research report on Friday, March 1st. Finally, Truist Financial cut TopBuild from a “buy” rating to a “hold” rating and boosted their price target for the stock from $290.00 to $410.00 in a research report on Thursday, January 4th. Two research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $418.90.

TopBuild Price Performance

NYSE BLD opened at $390.61 on Friday. TopBuild Corp. has a twelve month low of $199.31 and a twelve month high of $452.87. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.18 and a current ratio of 2.66. The stock has a market capitalization of $12.43 billion, a PE ratio of 20.21, a P/E/G ratio of 2.83 and a beta of 1.66. The stock has a 50-day simple moving average of $412.55 and a 200 day simple moving average of $352.36.

TopBuild (NYSE:BLD) last issued its quarterly earnings results on Wednesday, February 28th. The construction company reported $4.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.60 by $0.09. TopBuild had a return on equity of 27.03% and a net margin of 11.82%. The firm had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period in the previous year, the company posted $4.40 earnings per share. The company’s quarterly revenue was up 1.7% compared to the same quarter last year. Research analysts anticipate that TopBuild Corp. will post 21.02 EPS for the current year.

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.