TopBuild Corp. (NYSE:BLD) Shares Purchased by Whittier Trust Co.

Whittier Trust Co. boosted its holdings in TopBuild Corp. (NYSE:BLD) by 3.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 38,739 shares of the construction company’s stock after purchasing an additional 1,303 shares during the quarter. Whittier Trust Co.’s holdings in TopBuild were worth $12,060,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of BLD. Winch Advisory Services LLC purchased a new position in TopBuild in the 4th quarter worth about $26,000. Versant Capital Management Inc boosted its holdings in shares of TopBuild by 327.3% in the fourth quarter. Versant Capital Management Inc now owns 94 shares of the construction company’s stock worth $29,000 after buying an additional 72 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of TopBuild in the third quarter worth approximately $31,000. V Square Quantitative Management LLC raised its holdings 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 acquiring an additional 42 shares during the period. Finally, Quantbot Technologies LP purchased a new stake in shares of TopBuild in the 3rd quarter valued at approximately $45,000. 95.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BLD has been the topic of several research analyst reports. 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 report on Monday, March 3rd. Seaport Res Ptn lowered TopBuild from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. The Goldman Sachs Group decreased their price objective on TopBuild from $475.00 to $410.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. StockNews.com downgraded TopBuild from a “buy” rating to a “hold” rating in a report on Wednesday, February 26th. Finally, Loop Capital decreased their price target on shares of TopBuild from $405.00 to $390.00 and set a “buy” rating for the company in a report on Thursday, February 27th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, TopBuild currently has an average rating of “Moderate Buy” and an average target price of $403.88.

TopBuild Trading Up 0.3 %

NYSE:BLD opened at $306.73 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.49 and a current ratio of 2.01. The company has a market capitalization of $8.97 billion, a P/E ratio of 15.48, a P/E/G ratio of 1.82 and a beta of 1.89. The stock’s 50 day moving average price is $322.72 and its 200 day moving average price is $351.83. TopBuild Corp. has a 52 week low of $288.31 and a 52 week high of $495.68.

TopBuild (NYSE:BLD) last released its quarterly earnings results on Tuesday, February 25th. The construction company reported $5.13 earnings per share for the quarter, beating analysts’ consensus estimates of $5.07 by $0.06. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.31 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. TopBuild’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter last year, the firm earned $4.69 EPS. On average, research analysts forecast that TopBuild Corp. will post 20.97 EPS for the current fiscal year.

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.