1,560 Shares in TopBuild Corp. (NYSE:BLD) Bought by Amiral Gestion

Amiral Gestion purchased a new stake in TopBuild Corp. (NYSE:BLD - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 1,560 shares of the construction company's stock, valued at approximately $486,000. TopBuild comprises approximately 0.3% of Amiral Gestion's portfolio, making the stock its 26th biggest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Toronto Dominion Bank boosted its stake in TopBuild by 62.8% in the 4th quarter. Toronto Dominion Bank now owns 3,436 shares of the construction company's stock valued at $1,069,000 after purchasing an additional 1,326 shares during the period. GTS Securities LLC acquired a new stake in shares of TopBuild in the 4th quarter valued at approximately $268,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp bought a new stake in shares of TopBuild during the fourth quarter worth $16,623,000. Voloridge Investment Management LLC acquired a new position in shares of TopBuild during the fourth quarter worth $10,967,000. Finally, Westwood Holdings Group Inc. bought a new position in shares of TopBuild in the 4th quarter valued at $80,844,000. Institutional investors own 95.67% of the company's stock.

TopBuild Trading Up 2.9%

Shares of NYSE:BLD traded up $8.21 during trading on Tuesday, reaching $287.86. The stock had a trading volume of 273,381 shares, compared to its average volume of 314,749. TopBuild Corp. has a 52 week low of $266.26 and a 52 week high of $495.68. 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 firm's fifty day moving average is $294.70 and its 200 day moving average is $320.69. The stock has a market cap of $8.23 billion, a price-to-earnings ratio of 14.52, a P/E/G ratio of 1.82 and a beta of 1.72.

TopBuild (NYSE:BLD - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The construction company reported $4.63 EPS for the quarter, beating analysts' consensus estimates of $4.43 by $0.20. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The business had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.23 billion. During the same quarter in the prior year, the firm posted $4.81 earnings per share. The business's quarterly revenue was down 3.6% compared to the same quarter last year. As a group, equities analysts forecast that TopBuild Corp. will post 20.97 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on BLD shares. Deutsche Bank Aktiengesellschaft assumed coverage on TopBuild in a research report on Tuesday, April 1st. They set a "buy" rating and a $356.00 price objective on the stock. Stephens lowered their price objective on TopBuild from $340.00 to $320.00 and set an "equal weight" rating for the company in a research note on Thursday, May 8th. Wall Street Zen lowered shares of TopBuild from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. DA Davidson decreased their price target on shares of TopBuild from $435.00 to $395.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. Finally, Truist Financial cut their price target on shares of TopBuild from $395.00 to $310.00 and set a "hold" rating on the stock in a report on Thursday, February 27th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $380.22.

Insiders Place Their Bets

In other news, insider Steven P. Raia sold 1,738 shares of TopBuild stock in a transaction on Monday, May 12th. The shares were sold at an average price of $310.98, for a total value of $540,483.24. Following the completion of the sale, the insider now owns 7,007 shares in the company, valued at $2,179,036.86. The trade was a 19.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.43% of the company's stock.

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.