Robeco Institutional Asset Management B.V. Has $19.65 Million Position in TopBuild Corp. (NYSE:BLD)

Robeco Institutional Asset Management B.V. lessened its holdings in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 26.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,420 shares of the construction company's stock after selling 22,824 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.22% of TopBuild worth $19,645,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of BLD. QRG Capital Management Inc. raised its holdings in TopBuild by 3.8% during the 1st quarter. QRG Capital Management Inc. now owns 1,311 shares of the construction company's stock worth $400,000 after buying an additional 48 shares during the period. The Manufacturers Life Insurance Company increased its position in shares of TopBuild by 3.3% during the fourth quarter. The Manufacturers Life Insurance Company now owns 19,887 shares of the construction company's stock worth $6,192,000 after acquiring an additional 637 shares in the last quarter. Algert Global LLC raised its holdings in shares of TopBuild by 69.7% during the fourth quarter. Algert Global LLC now owns 7,031 shares of the construction company's stock worth $2,189,000 after acquiring an additional 2,887 shares during the period. Two Sigma Investments LP raised its holdings in shares of TopBuild by 192.7% during the fourth quarter. Two Sigma Investments LP now owns 17,367 shares of the construction company's stock worth $5,407,000 after acquiring an additional 11,434 shares during the period. Finally, Ausbil Investment Management Ltd bought a new stake in TopBuild in the 1st quarter valued at $269,000. Institutional investors own 95.67% of the company's stock.

Analyst Ratings Changes

A number of research firms have issued reports on BLD. DA Davidson lowered their target price on TopBuild from $435.00 to $395.00 and set a "buy" rating for the company in a report on Thursday, May 8th. Loop Capital decreased their price objective on TopBuild from $370.00 to $360.00 and set a "buy" rating for the company in a report on Thursday, May 8th. Deutsche Bank Aktiengesellschaft initiated coverage on TopBuild in a research report on Tuesday, April 1st. They issued a "buy" rating and a $356.00 target price on the stock. Finally, Stephens reduced their price target on TopBuild from $340.00 to $320.00 and set an "equal weight" rating for the company in a research report on Thursday, May 8th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $380.22.

TopBuild Stock Up 0.8%

BLD traded up $2.76 on Wednesday, hitting $345.95. 231,479 shares of the company were exchanged, compared to its average volume of 326,516. 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 0.62, a quick ratio of 1.47 and a current ratio of 2.02. The stock's fifty day moving average is $299.31 and its 200-day moving average is $308.88. The company has a market cap of $9.89 billion, a PE ratio of 17.51, a PEG ratio of 3.25 and a beta of 1.64.

TopBuild (NYSE:BLD - Get Free Report) last announced 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. The firm had revenue of $1.23 billion during the quarter, compared to analysts' expectations of $1.23 billion. TopBuild had a net margin of 11.23% and a return on equity of 28.52%. The company's revenue for the quarter was down 3.6% compared to the same quarter last year. During the same quarter last year, the company posted $4.81 earnings per share. Equities research analysts predict that TopBuild Corp. will post 20.97 EPS for the current fiscal year.

Insider Activity at TopBuild

In other TopBuild news, insider Steven P. Raia sold 1,738 shares of the company's 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 transaction, the insider directly owned 7,007 shares in the company, 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 Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.43% of the company's stock.

TopBuild 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.