Amiral Gestion Purchases Shares of 1,560 TopBuild Corp. (NYSE:BLD)

Amiral Gestion purchased a new stake in TopBuild Corp. (NYSE:BLD - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,560 shares of the construction company's stock, valued at approximately $486,000. TopBuild accounts for 0.3% of Amiral Gestion's holdings, making the stock its 26th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. V Square Quantitative Management LLC boosted its stake in TopBuild by 55.3% in the 4th quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company's stock worth $37,000 after purchasing an additional 42 shares during the period. R Squared Ltd acquired a new position in TopBuild in the 4th quarter worth $72,000. Raiffeisen Bank International AG acquired a new position in TopBuild in the 4th quarter worth $81,000. Blue Trust Inc. boosted its stake in TopBuild by 18.0% in the 4th quarter. Blue Trust Inc. now owns 440 shares of the construction company's stock worth $137,000 after purchasing an additional 67 shares during the period. Finally, Avior Wealth Management LLC acquired a new position in TopBuild in the 4th quarter worth $159,000. Institutional investors and hedge funds own 95.67% of the company's stock.

TopBuild Stock Performance

Shares of BLD stock traded down $8.86 on Wednesday, reaching $279.39. The stock had a trading volume of 428,432 shares, compared to its average volume of 315,202. 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 firm's 50-day moving average is $294.32 and its two-hundred day moving average is $320.46. The firm has a market capitalization of $7.99 billion, a price-to-earnings ratio of 14.10, a P/E/G ratio of 1.82 and a beta of 1.72. TopBuild Corp. has a 12 month low of $266.26 and a 12 month high of $495.68.

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 analysts' consensus estimates of $4.43 by $0.20. The company had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.23 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. TopBuild's quarterly revenue was down 3.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.81 EPS. On average, research analysts expect that TopBuild Corp. will post 20.97 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on BLD. Stephens cut their price target on shares of TopBuild from $340.00 to $320.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 8th. Loop Capital cut their price target on shares of TopBuild from $370.00 to $360.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Wall Street Zen cut shares of TopBuild from a "buy" rating to a "hold" rating in a research report on Wednesday, February 26th. Deutsche Bank Aktiengesellschaft began coverage on shares of TopBuild in a research report on Tuesday, April 1st. They set a "buy" rating and a $356.00 price target on the stock. Finally, DA Davidson cut their price target on shares of TopBuild from $435.00 to $395.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, TopBuild presently has a consensus rating of "Moderate Buy" and an average price target of $380.22.

Insider Activity

In other news, insider Steven P. Raia sold 1,738 shares of the company's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $310.98, for a total value of $540,483.24. Following the sale, the insider now directly owns 7,007 shares of the company's stock, valued at approximately $2,179,036.86. This represents a 19.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.43% of the stock is owned by insiders.

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.