Universal Beteiligungs und Servicegesellschaft mbH Acquires Shares of 13,196 TopBuild Corp. (NYSE:BLD)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of TopBuild Corp. (NYSE:BLD - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 13,196 shares of the construction company's stock, valued at approximately $4,024,000.

A number of other institutional investors have also made changes to their positions in BLD. Capital Research Global Investors grew its holdings in shares of TopBuild by 1.4% in the fourth quarter. Capital Research Global Investors now owns 3,029,012 shares of the construction company's stock valued at $943,050,000 after purchasing an additional 41,047 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in TopBuild by 779.7% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 604,155 shares of the construction company's stock worth $188,098,000 after acquiring an additional 535,478 shares during the last quarter. Invesco Ltd. lifted its stake in TopBuild by 14.6% in the fourth quarter. Invesco Ltd. now owns 595,338 shares of the construction company's stock worth $185,353,000 after acquiring an additional 75,713 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in TopBuild by 5.1% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 481,958 shares of the construction company's stock worth $150,053,000 after acquiring an additional 23,428 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. lifted its stake in TopBuild by 32.3% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 386,920 shares of the construction company's stock worth $117,992,000 after acquiring an additional 94,389 shares during the last quarter. 95.67% of the stock is currently owned by institutional investors and hedge funds.

TopBuild Stock Performance

Shares of TopBuild stock traded up $5.72 during trading on Friday, reaching $376.15. The company's stock had a trading volume of 189,272 shares, compared to its average volume of 360,664. The company has a 50-day moving average price of $330.99 and a two-hundred day moving average price of $316.73. The firm has a market cap of $10.75 billion, a PE ratio of 19.07, a P/E/G ratio of 4.83 and a beta of 1.64. TopBuild Corp. has a fifty-two week low of $266.26 and a fifty-two week high of $436.99. The company has a current ratio of 2.02, a quick ratio of 1.47 and a debt-to-equity ratio of 0.62.

TopBuild (NYSE:BLD - Get Free Report) last announced its 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 business had revenue of $1.23 billion for 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 quarterly revenue was down 3.6% on a year-over-year basis. During the same period in the previous year, the company posted $4.81 EPS. On average, analysts forecast that TopBuild Corp. will post 20.97 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on BLD. JPMorgan Chase & Co. lifted their price target on shares of TopBuild from $344.00 to $398.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 9th. Bank of America boosted their price objective on shares of TopBuild from $320.00 to $400.00 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. 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 report on Thursday, May 8th. 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 report on Thursday, May 8th. Finally, Loop Capital boosted their price objective on shares of TopBuild from $360.00 to $400.00 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, TopBuild has a consensus rating of "Moderate Buy" and an average price target of $387.27.

Insider Activity at TopBuild

In other news, insider Steven P. Raia sold 1,738 shares of TopBuild 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 of the company's stock, valued at $2,179,036.86. The trade was a 19.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.43% of the stock is owned by insiders.

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.