TopBuild Corp. (NYSE:BLD) Stock Holdings Lowered by Ossiam

Ossiam lessened its position in TopBuild Corp. (NYSE:BLD) by 65.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 368 shares of the construction company’s stock after selling 688 shares during the period. Ossiam’s holdings in TopBuild were worth $115,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Sheaff Brock Investment Advisors LLC increased its stake in shares of TopBuild by 0.7% in 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. V Square Quantitative Management LLC increased its position in TopBuild by 55.3% in the 4th quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company’s stock valued at $37,000 after acquiring an additional 42 shares during the period. CIBC Asset Management Inc raised its stake in TopBuild by 5.2% during the 4th quarter. CIBC Asset Management Inc now owns 967 shares of the construction company’s stock valued at $301,000 after acquiring an additional 48 shares in the last quarter. Trust Co. of Vermont grew its stake in shares of TopBuild by 21.8% in the fourth quarter. Trust Co. of Vermont now owns 307 shares of the construction company’s stock worth $96,000 after purchasing an additional 55 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in shares of TopBuild by 18.0% during the fourth quarter. Blue Trust Inc. now owns 440 shares of the construction company’s stock valued at $137,000 after purchasing an additional 67 shares in the last quarter. 95.67% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of TopBuild in a research note on Tuesday, April 1st. They set a “buy” rating and a $356.00 target price on the stock. Benchmark lowered their price objective 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. Truist Financial cut their target price on TopBuild from $395.00 to $310.00 and set a “hold” rating for the company in a research report on Thursday, February 27th. The Goldman Sachs Group lowered their price target on TopBuild from $475.00 to $410.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Finally, Loop Capital cut their price objective on TopBuild from $405.00 to $390.00 and set a “buy” rating for the company in a report on Thursday, February 27th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, TopBuild presently has an average rating of “Moderate Buy” and a consensus price target of $398.56.

TopBuild Stock Performance

Shares of BLD opened at $295.26 on Thursday. The company has a 50-day moving average of $300.25 and a two-hundred day moving average of $335.05. The stock has a market cap of $8.63 billion, a price-to-earnings ratio of 14.90, a PEG ratio of 1.82 and a beta of 1.78. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.01 and a quick ratio of 1.49. TopBuild Corp. has a one year low of $266.26 and a one year high of $495.68.

TopBuild (NYSE:BLD) last posted its quarterly earnings data on Tuesday, February 25th. The construction company reported $5.13 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $1.31 billion. During the same quarter last year, the business posted $4.69 EPS. The company’s revenue was up 2.0% on a year-over-year basis. On average, equities research analysts expect that TopBuild Corp. will post 20.97 earnings per share 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.