FORA Capital LLC Purchases Shares of 5,772 TopBuild Corp. (NYSE:BLD)

FORA Capital LLC acquired a new position in shares of TopBuild Corp. (NYSE:BLD - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,772 shares of the construction company's stock, valued at approximately $1,797,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Sheaff Brock Investment Advisors LLC boosted its position in shares of TopBuild by 0.7% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 5,400 shares of the construction company's stock worth $1,681,000 after purchasing an additional 40 shares in the last quarter. V Square Quantitative Management LLC boosted its position in shares of TopBuild by 55.3% during the 4th quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company's stock worth $37,000 after purchasing an additional 42 shares in the last quarter. CIBC Asset Management Inc boosted its position in shares of TopBuild by 5.2% during the 4th quarter. CIBC Asset Management Inc now owns 967 shares of the construction company's stock worth $301,000 after purchasing an additional 48 shares in the last quarter. Trust Co. of Vermont boosted its position in shares of TopBuild by 21.8% during the 4th quarter. Trust Co. of Vermont now owns 307 shares of the construction company's stock worth $96,000 after purchasing an additional 55 shares in the last quarter. Finally, Blue Trust Inc. boosted its position in shares of TopBuild by 18.0% during the 4th quarter. Blue Trust Inc. now owns 440 shares of the construction company's stock worth $137,000 after purchasing an additional 67 shares in the last quarter. Institutional investors own 95.67% of the company's stock.

Wall Street Analysts Forecast Growth

BLD has been the topic of a number of research analyst reports. Loop Capital cut their price objective on shares of TopBuild from $370.00 to $360.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. The Goldman Sachs Group dropped their price target on shares of TopBuild from $475.00 to $410.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. DA Davidson dropped their price target on shares of TopBuild from $435.00 to $395.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of TopBuild in a research report on Tuesday, April 1st. They issued a "buy" rating and a $356.00 price target on the stock. Finally, Stephens dropped their price target on shares of TopBuild from $340.00 to $320.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 8th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $380.22.

Insider Transactions at TopBuild

In related news, insider Steven P. Raia sold 1,738 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 7,007 shares of the company's stock, valued at approximately $2,179,036.86. This trade represents a 19.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.43% of the stock is currently owned by company insiders.

TopBuild Stock Up 0.3%

NYSE:BLD traded up $0.91 on Tuesday, hitting $313.01. The stock had a trading volume of 248,569 shares, compared to its average volume of 314,708. The firm's fifty day simple moving average is $296.88 and its two-hundred day simple moving average is $325.75. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.49 and a current ratio of 2.01. TopBuild Corp. has a 1 year low of $266.26 and a 1 year high of $495.68. The stock has a market cap of $8.95 billion, a P/E ratio of 15.79, a price-to-earnings-growth ratio of 1.82 and a beta of 1.72.

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 (EPS) for the quarter, topping the consensus estimate of $4.43 by $0.20. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same quarter last year, the business posted $4.81 EPS. TopBuild's quarterly revenue was down 3.6% compared to the same quarter last year. Analysts predict that TopBuild Corp. will post 20.97 earnings per share for the current year.

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.