Dimensional Fund Advisors LP Sells 1,057 Shares of TopBuild Corp. (NYSE:BLD)

Dimensional Fund Advisors LP lowered its stake in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 0.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 372,365 shares of the construction company's stock after selling 1,057 shares during the quarter. Dimensional Fund Advisors LP owned about 1.26% of TopBuild worth $115,937,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of TopBuild during the 3rd quarter worth $31,000. Winch Advisory Services LLC acquired a new stake in TopBuild during the fourth quarter worth about $26,000. Versant Capital Management Inc increased its holdings in TopBuild by 327.3% in the 4th 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 during the period. V Square Quantitative Management LLC raised its position in shares of 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 buying an additional 42 shares in the last quarter. Finally, R Squared Ltd bought a new stake in shares of TopBuild during the 4th quarter worth approximately $72,000. Institutional investors own 95.67% of the company's stock.

TopBuild Trading Up 1.6 %

Shares of TopBuild stock traded up $4.89 during trading on Friday, hitting $303.48. The company's stock had a trading volume of 48,898 shares, compared to its average volume of 323,491. The stock has a market cap of $8.88 billion, a price-to-earnings ratio of 15.31, a price-to-earnings-growth 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 52 week low of $266.26 and a 52 week high of $495.68. The stock has a 50-day moving average price of $298.13 and a two-hundred day moving average price of $331.27.

TopBuild (NYSE:BLD - Get Free Report) 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. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.31 billion. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The firm's quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the previous year, the firm earned $4.69 earnings per share. Equities research analysts anticipate that TopBuild Corp. will post 20.97 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on BLD. Truist Financial lowered their price objective 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. Deutsche Bank Aktiengesellschaft started coverage on TopBuild in a research note on Tuesday, April 1st. They issued a "buy" rating and a $356.00 price objective on the stock. Loop Capital lowered their target price on TopBuild from $405.00 to $390.00 and set a "buy" rating for the company in a research note 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. Finally, The Goldman Sachs Group cut their target price on shares of TopBuild from $475.00 to $410.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $398.56.

TopBuild Company 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.