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

Quantinno Capital Management LP boosted its stake in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 122.4% in the fourth quarter, according to its most recent 13F 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 quarter. Quantinno Capital Management LP's holdings in TopBuild were worth $2,218,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in BLD. Assenagon Asset Management S.A. boosted its holdings in shares of TopBuild by 203.5% in the fourth quarter. Assenagon Asset Management S.A. now owns 17,538 shares of the construction company's stock valued at $5,460,000 after purchasing an additional 11,760 shares during the period. Park Avenue Securities LLC raised its position in TopBuild by 22.8% during the 4th quarter. Park Avenue Securities LLC now owns 1,070 shares of the construction company's stock valued at $333,000 after purchasing an additional 199 shares in the last quarter. Crossmark Global Holdings Inc. grew its position in shares of TopBuild by 152.2% during the 4th quarter. Crossmark Global Holdings Inc. now owns 5,695 shares of the construction company's stock worth $1,773,000 after buying an additional 3,437 shares in the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in shares of TopBuild by 51.8% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 47,159 shares of the construction company's stock worth $14,682,000 after buying an additional 16,090 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its stake in shares of TopBuild by 28.9% during the fourth quarter. Nisa Investment Advisors LLC now owns 14,545 shares of the construction company's stock valued at $4,528,000 after buying an additional 3,260 shares during the period. 95.67% of the stock is owned by hedge funds and other institutional investors.

TopBuild Stock Down 0.4%

NYSE BLD traded down $1.10 during trading on Monday, hitting $279.65. The company's stock had a trading volume of 174,596 shares, compared to its average volume of 314,915. TopBuild Corp. has a fifty-two week low of $266.26 and a fifty-two week high of $495.68. The company has a market cap of $7.99 billion, a PE ratio of 14.11, a P/E/G ratio of 1.82 and a beta of 1.72. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.01 and a quick ratio of 1.49. The business's 50 day simple moving average is $295.24 and its 200-day simple moving average is $321.31.

TopBuild (NYSE:BLD - Get Free Report) last released its earnings results on Tuesday, May 6th. The construction company reported $4.63 EPS 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 analysts' expectations of $1.23 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. TopBuild's revenue for the quarter was down 3.6% on a year-over-year basis. During the same period last year, the business earned $4.81 EPS. On average, equities analysts anticipate that TopBuild Corp. will post 20.97 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Steven P. Raia sold 1,738 shares of TopBuild 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 owns 7,007 shares of the company's stock, valued at $2,179,036.86. The trade was a 19.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.43% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently weighed in on BLD shares. Stephens lowered their price objective 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. Truist Financial dropped their price objective on shares of TopBuild from $395.00 to $310.00 and set a "hold" rating on the stock in a research note on Thursday, February 27th. DA Davidson reduced their price objective 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. Benchmark dropped their target price on TopBuild from $445.00 to $375.00 and set a "buy" rating on the stock in a research report on Monday, March 3rd. Finally, Loop Capital reduced their price target on TopBuild from $370.00 to $360.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, TopBuild has an average rating of "Moderate Buy" and a consensus price target 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.