DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Acquires 23,428 Shares of TopBuild Corp. (NYSE:BLD)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its holdings in TopBuild Corp. (NYSE:BLD - Free Report) by 5.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 481,958 shares of the construction company's stock after acquiring an additional 23,428 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main owned 1.63% of TopBuild worth $150,053,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. TT International Asset Management LTD raised its position in TopBuild by 33.3% in the 4th quarter. TT International Asset Management LTD now owns 18,781 shares of the construction company's stock worth $5,847,000 after purchasing an additional 4,694 shares during the last quarter. Van ECK Associates Corp increased its position in shares of TopBuild by 57.8% in the 4th quarter. Van ECK Associates Corp now owns 32,633 shares of the construction company's stock valued at $10,160,000 after buying an additional 11,948 shares in the last quarter. Fort Washington Investment Advisors Inc. OH increased its position in shares of TopBuild by 51.8% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 47,159 shares of the construction company's stock valued at $14,682,000 after buying an additional 16,090 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc increased its position in shares of TopBuild by 18.4% in the 4th quarter. AEGON ASSET MANAGEMENT UK Plc now owns 35,562 shares of the construction company's stock valued at $11,052,000 after buying an additional 5,517 shares in the last quarter. Finally, Miracle Mile Advisors LLC bought a new position in TopBuild during the 4th quarter worth about $475,000. Institutional investors own 95.67% of the company's stock.

TopBuild Stock Down 0.5%

Shares of NYSE BLD traded down $1.41 during mid-day trading on Tuesday, hitting $310.69. The company had a trading volume of 59,963 shares, compared to its average volume of 313,993. TopBuild Corp. has a one year low of $266.26 and a one year high of $495.68. The company has a market capitalization of $8.88 billion, a PE ratio of 15.68, a price-to-earnings-growth ratio of 1.82 and a beta of 1.72. The firm has a 50-day simple moving average of $296.88 and a two-hundred day simple moving average of $325.75. The company has a current ratio of 2.01, a quick ratio of 1.49 and a debt-to-equity ratio of 0.64.

TopBuild (NYSE:BLD - Get Free Report) last issued its earnings results on Tuesday, May 6th. The construction company reported $4.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.43 by $0.20. The business 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%. TopBuild's revenue was down 3.6% on a year-over-year basis. During the same period last year, the business posted $4.81 EPS. On average, equities analysts expect that TopBuild Corp. will post 20.97 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Stephens lowered their target price on TopBuild from $340.00 to $320.00 and set an "equal weight" rating for the company in a report on Thursday, May 8th. Truist Financial lowered their target price on TopBuild from $395.00 to $310.00 and set a "hold" rating for the company in a report on Thursday, February 27th. StockNews.com cut TopBuild from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. DA Davidson lowered their target price on TopBuild from $435.00 to $395.00 and set a "buy" rating for the company in a report on Thursday, May 8th. Finally, Benchmark decreased their price objective on TopBuild from $445.00 to $375.00 and set a "buy" rating for the company in a report on Monday, March 3rd. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $380.22.

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.