TopBuild Corp. (NYSE:BLD) Stock Holdings Lowered by Boston Common Asset Management LLC

Boston Common Asset Management LLC lessened its holdings in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 35.2% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,677 shares of the construction company's stock after selling 7,956 shares during the period. Boston Common Asset Management LLC owned 0.05% of TopBuild worth $4,476,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of BLD. V Square Quantitative Management LLC grew its position in shares of TopBuild by 55.3% during 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 during the last quarter. MassMutual Private Wealth & Trust FSB grew its position in shares of TopBuild by 240.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 187 shares of the construction company's stock valued at $57,000 after buying an additional 132 shares during the last quarter. R Squared Ltd bought a new stake in shares of TopBuild during the 4th quarter valued at about $72,000. Raiffeisen Bank International AG bought a new stake in shares of TopBuild during the 4th quarter valued at about $81,000. Finally, Park Square Financial Group LLC bought a new stake in shares of TopBuild during the 4th quarter valued at about $111,000. Institutional investors own 95.67% of the company's stock.

TopBuild Price Performance

Shares of NYSE:BLD traded up $0.09 during trading on Friday, reaching $282.63. The company had a trading volume of 497,609 shares, compared to its average volume of 316,986. The firm's fifty day moving average is $292.65 and its 200 day moving average is $319.04. The firm has a market capitalization of $8.08 billion, a PE ratio of 14.26, a price-to-earnings-growth ratio of 1.82 and a beta of 1.72. TopBuild Corp. has a twelve month low of $266.26 and a twelve month 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.

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

Insider Transactions at TopBuild

In related news, insider Steven P. Raia sold 1,738 shares of the business's stock in a transaction that occurred 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 sale, the insider now directly 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 document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.43% of the company's stock.

Wall Street Analysts Forecast Growth

BLD has been the subject of a number of analyst reports. Wall Street Zen lowered shares of TopBuild from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. DA Davidson reduced their target price on shares of TopBuild from $435.00 to $395.00 and set a "buy" rating for the company in a research note on Thursday, May 8th. Truist Financial reduced their target price on shares of TopBuild from $395.00 to $310.00 and set a "hold" rating for the company in a research note on Thursday, February 27th. Stephens reduced their target price on shares of TopBuild from $340.00 to $320.00 and set an "equal weight" rating for the company in a research note on Thursday, May 8th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of TopBuild in a research note on Tuesday, April 1st. They set a "buy" rating and a $356.00 target price for the company. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the company has an average 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.