Rothschild Investment LLC Boosts Position in TopBuild Corp. (NYSE:BLD)

Rothschild Investment LLC boosted its holdings in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 59,873.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,395 shares of the construction company's stock after acquiring an additional 11,376 shares during the quarter. Rothschild Investment LLC's holdings in TopBuild were worth $3,475,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Van ECK Associates Corp boosted its stake in TopBuild by 57.8% during the fourth quarter. Van ECK Associates Corp now owns 32,633 shares of the construction company's stock worth $10,160,000 after acquiring an additional 11,948 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in 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 buying an additional 637 shares during the last quarter. KBC Group NV increased its holdings in TopBuild by 377.1% during the fourth quarter. KBC Group NV now owns 10,338 shares of the construction company's stock worth $3,219,000 after buying an additional 8,171 shares during the last quarter. Algert Global LLC increased its holdings in 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 buying an additional 2,887 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in TopBuild by 18.0% in the 4th quarter. Blue Trust Inc. now owns 440 shares of the construction company's stock worth $137,000 after buying an additional 67 shares during the period. 95.67% of the stock is owned by institutional investors.

Insider Transactions at TopBuild

In other news, insider Steven P. Raia sold 1,738 shares of the company's stock in a transaction that occurred on 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 transaction, the insider now directly owns 7,007 shares of the company's stock, valued at $2,179,036.86. This represents a 19.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.43% of the company's stock.

TopBuild Stock Down 0.9%

Shares of BLD stock traded down $2.67 on Monday, hitting $280.22. The stock had a trading volume of 292,031 shares, compared to its average volume of 317,102. The company has a quick ratio of 1.49, a current ratio of 2.01 and a debt-to-equity ratio of 0.64. The business has a 50 day moving average price of $292.65 and a 200 day moving average price of $318.45. The company has a market cap of $8.01 billion, a PE ratio of 14.14, a P/E/G ratio of 1.82 and a beta of 1.72. TopBuild Corp. has a one year low of $266.26 and a one year high of $495.68.

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. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the previous year, the firm earned $4.81 earnings per share. The company's revenue was down 3.6% on a year-over-year basis. Research analysts anticipate that TopBuild Corp. will post 20.97 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently commented on BLD shares. Deutsche Bank Aktiengesellschaft began coverage on shares of TopBuild in a research report on Tuesday, April 1st. They set a "buy" rating and a $356.00 price target for the company. Wall Street Zen lowered shares of TopBuild from a "buy" rating to a "hold" rating in a research report on Wednesday, February 26th. Stephens decreased their target price on shares of TopBuild from $340.00 to $320.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 8th. Loop Capital decreased 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. Finally, Truist Financial decreased their target price 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. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $380.22.

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.