Free Trial

Bayesian Capital Management LP Makes New $536,000 Investment in TopBuild Corp. (NYSE:BLD)

TopBuild logo with Construction background

Bayesian Capital Management LP acquired a new position in shares of TopBuild Corp. (NYSE:BLD - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,722 shares of the construction company's stock, valued at approximately $536,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Winch Advisory Services LLC acquired a new stake in TopBuild in the 4th quarter worth $26,000. Versant Capital Management Inc increased 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 in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in TopBuild in the third quarter valued at about $31,000. V Square Quantitative Management LLC boosted its position in TopBuild by 55.3% in the fourth 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 in the last quarter. Finally, World Investment Advisors LLC acquired a new position in TopBuild in the third quarter valued at about $54,000. 95.67% of the stock is currently owned by institutional investors and hedge funds.

TopBuild Stock Up 3.9%

Shares of BLD stock traded up $11.65 during trading on Monday, reaching $306.91. The company's stock had a trading volume of 89,637 shares, compared to its average volume of 313,903. The business has a fifty day moving average price of $296.74 and a 200-day moving average price of $326.14. 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 company has a market cap of $8.98 billion, a price-to-earnings ratio of 15.49, a price-to-earnings-growth ratio of 1.82 and a beta of 1.72. TopBuild Corp. has a one year low of $266.26 and a one year high of $495.68.

TopBuild (NYSE:BLD - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The construction company reported $4.63 EPS for the quarter, topping analysts' consensus estimates of $4.43 by $0.20. The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.23 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The firm's revenue for the quarter was down 3.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.81 earnings per share. Analysts anticipate that TopBuild Corp. will post 20.97 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on BLD shares. The Goldman Sachs Group lowered their price objective on shares of TopBuild from $475.00 to $410.00 and set a "buy" rating for the company in a research report on Tuesday, January 14th. Truist Financial lowered their price target on shares of TopBuild from $395.00 to $310.00 and set a "hold" rating for the company in a research report on Thursday, February 27th. StockNews.com downgraded shares of TopBuild from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Loop Capital dropped their price target on shares of TopBuild from $370.00 to $360.00 and set a "buy" rating for the company in a research note on Thursday. Finally, 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 price target for the company. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, TopBuild presently has an average rating of "Moderate Buy" and a consensus target price of $380.22.

Read Our Latest Stock Report on BLD

TopBuild Profile

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for TopBuild (NYSE:BLD)

Should You Invest $1,000 in TopBuild Right Now?

Before you consider TopBuild, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TopBuild wasn't on the list.

While TopBuild currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Top 3 Defense Stocks to Profit From $175 Billion Golden Dome
Top 5 Stocks for June: AI Picks That Aren’t NVIDIA
This Unique Robotaxi Play Could Deliver 10X Returns

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines