Robeco Institutional Asset Management B.V. Sells 22,824 Shares of TopBuild Corp. (NYSE:BLD)

Robeco Institutional Asset Management B.V. lowered its stake in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 26.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund 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 0.22% of TopBuild worth $19,645,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of BLD. Parallel Advisors LLC grew its holdings in TopBuild by 111.5% during the first quarter. Parallel Advisors LLC now owns 129 shares of the construction company's stock valued at $39,000 after purchasing an additional 68 shares during the period. MassMutual Private Wealth & Trust FSB lifted 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. Raiffeisen Bank International AG bought a new position in shares of TopBuild during the 4th quarter worth $81,000. UMB Bank n.a. grew its stake in shares of TopBuild by 144.2% during the 1st quarter. UMB Bank n.a. now owns 337 shares of the construction company's stock worth $103,000 after acquiring an additional 199 shares during the period. Finally, Park Square Financial Group LLC purchased a new stake in TopBuild in the 4th quarter worth about $111,000. Hedge funds and other institutional investors own 95.67% of the company's stock.

TopBuild Stock Performance

TopBuild stock opened at $325.65 on Friday. TopBuild Corp. has a 1-year low of $266.26 and a 1-year high of $495.68. The company has a current ratio of 2.02, a quick ratio of 1.47 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $9.31 billion, a PE ratio of 16.47, a price-to-earnings-growth ratio of 3.26 and a beta of 1.62. The firm's 50 day simple moving average is $297.26 and its 200 day simple moving average is $309.11.

TopBuild (NYSE:BLD - Get Free Report) last released 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 analyst estimates of $1.23 billion. TopBuild had a net margin of 11.23% and a return on equity of 28.52%. The business's revenue for the quarter was down 3.6% on a year-over-year basis. During the same period in the previous year, the business earned $4.81 EPS. As a group, analysts expect that TopBuild Corp. will post 20.97 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BLD has been the subject of a number of research reports. DA Davidson cut their target price on shares of TopBuild from $435.00 to $395.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. Loop Capital dropped their price target 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. Stephens reduced 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. 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 report on Monday, March 3rd. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on TopBuild in a research report on Tuesday, April 1st. They set a "buy" rating and a $356.00 target price on the stock. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $380.22.

Insider Buying and Selling

In other 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 in the company, valued at approximately $2,179,036.86. This trade represents a 19.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.43% of the stock is owned by company insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.