Brown Advisory Inc. Sells 1,566 Shares of TopBuild Corp. (NYSE:BLD)

Brown Advisory Inc. cut its stake in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 2.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 72,852 shares of the construction company's stock after selling 1,566 shares during the quarter. Brown Advisory Inc. owned approximately 0.25% of TopBuild worth $22,682,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new position in shares of TopBuild in the third quarter valued at $31,000. Winch Advisory Services LLC bought a new position in shares of TopBuild in the fourth quarter valued at $26,000. Versant Capital Management Inc lifted its stake 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 valued at $29,000 after buying an additional 72 shares in the last quarter. V Square Quantitative Management LLC lifted its stake in shares of 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, R Squared Ltd purchased a new stake in shares of TopBuild in the fourth quarter valued at about $72,000. 95.67% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

BLD has been the subject of several analyst reports. Benchmark lowered their target price on shares of TopBuild from $445.00 to $375.00 and set a "buy" rating for the company in a report on Monday, March 3rd. StockNews.com downgraded shares of TopBuild from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Loop Capital lowered their target price on shares of TopBuild from $370.00 to $360.00 and set a "buy" rating for the company in a report on Thursday. Stephens lowered their target price on shares of TopBuild from $340.00 to $320.00 and set an "equal weight" rating for the company in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of TopBuild in a report on Tuesday, April 1st. They issued a "buy" rating and a $356.00 price target on the stock. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $380.22.

TopBuild Stock Performance

NYSE BLD traded up $11.65 during trading hours on Monday, reaching $306.91. 89,637 shares of the company were exchanged, compared to its average volume of 313,903. The stock has a market capitalization of $8.98 billion, a P/E ratio of 15.49, a P/E/G ratio of 1.82 and a beta of 1.72. 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 business's 50 day simple moving average is $296.74 and its 200-day simple moving average is $326.14. TopBuild Corp. has a 1 year low of $266.26 and a 1 year high of $495.68.

TopBuild (NYSE:BLD - Get Free Report) last posted its earnings results on Tuesday, May 6th. The construction company reported $4.63 earnings per share for the quarter, topping the consensus estimate of $4.43 by $0.20. The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.23 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The company's revenue was down 3.6% on a year-over-year basis. During the same quarter last year, the company earned $4.81 earnings per share. On average, equities research analysts expect that TopBuild Corp. will post 20.97 earnings per share for the current 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.