TopBuild Corp. (NYSE:BLD) Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP increased its holdings in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 122.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,123 shares of the construction company's stock after buying an additional 3,920 shares during the period. Quantinno Capital Management LP's holdings in TopBuild were worth $2,218,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BLD. V Square Quantitative Management LLC boosted its stake in TopBuild by 55.3% during 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 last quarter. R Squared Ltd acquired a new stake in TopBuild during the 4th quarter worth $72,000. Blue Trust Inc. boosted its stake in TopBuild by 18.0% during 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 last quarter. Avior Wealth Management LLC acquired a new stake in TopBuild during the 4th quarter worth $159,000. Finally, Aristeia Capital L.L.C. acquired a new stake in TopBuild during the 4th quarter worth $215,000. Hedge funds and other institutional investors own 95.67% of the company's stock.

TopBuild Trading Down 0.4%

Shares of NYSE BLD traded down $1.10 during trading on Friday, hitting $279.65. 174,596 shares of the company were exchanged, compared to its average volume of 314,253. TopBuild Corp. has a 12-month low of $266.26 and a 12-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. The company has a fifty day moving average price of $295.24 and a 200-day moving average price of $322.01. The firm has a market capitalization of $7.99 billion, a PE ratio of 14.11, 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 data on Tuesday, May 6th. The construction company reported $4.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.43 by $0.20. The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.23 billion. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The company's quarterly revenue was down 3.6% on a year-over-year basis. During the same period last year, the company earned $4.81 EPS. As a group, equities research analysts expect that TopBuild Corp. will post 20.97 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Loop Capital lowered their target price on shares of TopBuild from $370.00 to $360.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of TopBuild in a research note on Tuesday, April 1st. They set a "buy" rating and a $356.00 target price on the stock. Wall Street Zen cut shares of TopBuild from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Benchmark lowered their target price on shares of TopBuild from $445.00 to $375.00 and set a "buy" rating on the stock in a research note on Monday, March 3rd. Finally, DA Davidson reduced their price target on TopBuild from $435.00 to $395.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. 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 currently has a consensus rating of "Moderate Buy" and a consensus price target of $380.22.

Insider Buying and Selling

In related news, insider Steven P. Raia sold 1,738 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $310.98, for a total transaction of $540,483.24. Following the completion of the sale, the insider now directly owns 7,007 shares of the company's stock, valued at approximately $2,179,036.86. This trade 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 this hyperlink. Corporate insiders own 0.43% of the company's stock.

About TopBuild

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.