TopBuild Corp. (NYSE:BLD) Shares Bought by Gotham Asset Management LLC

Gotham Asset Management LLC grew its holdings in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 6.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,177 shares of the construction company's stock after buying an additional 899 shares during the quarter. Gotham Asset Management LLC owned approximately 0.05% of TopBuild worth $4,725,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Winch Advisory Services LLC acquired a new stake in shares of TopBuild during the 4th quarter worth approximately $26,000. V Square Quantitative Management LLC lifted its stake in TopBuild by 55.3% in the 4th quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company's stock valued at $37,000 after purchasing an additional 42 shares during the last quarter. R Squared Ltd bought a new position in TopBuild in the 4th quarter valued at approximately $72,000. Trust Co. of Vermont lifted its stake in TopBuild by 21.8% in the 4th quarter. Trust Co. of Vermont now owns 307 shares of the construction company's stock valued at $96,000 after purchasing an additional 55 shares during the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of TopBuild by 18.0% during the fourth quarter. Blue Trust Inc. now owns 440 shares of the construction company's stock worth $137,000 after purchasing an additional 67 shares during the period. 95.67% of the stock is owned by institutional investors.

TopBuild Stock Up 2.6%

Shares of TopBuild stock traded up $7.69 during trading on Friday, hitting $304.11. The company's stock had a trading volume of 256,848 shares, compared to its average volume of 314,680. The company has a market capitalization of $8.69 billion, a PE ratio of 15.34, a P/E/G ratio of 1.82 and a beta of 1.72. 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 52 week low of $266.26 and a 52 week high of $495.68. The company has a fifty day simple moving average of $296.72 and a two-hundred day simple moving average of $324.40.

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, topping 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 11.66% and a return on equity of 26.40%. 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 posted $4.81 earnings per share. Equities research analysts predict that TopBuild Corp. will post 20.97 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. DA Davidson dropped their target price on shares of TopBuild from $435.00 to $395.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of TopBuild in a research note on Tuesday, April 1st. They issued a "buy" rating and a $356.00 price target for the company. Loop Capital decreased their target price on shares of TopBuild from $370.00 to $360.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. StockNews.com cut shares of TopBuild from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Finally, Benchmark cut their price target 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. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $380.22.

Insider Buying and Selling at TopBuild

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 value of $540,483.24. Following the sale, the insider now directly owns 7,007 shares of the company's stock, valued at approximately $2,179,036.86. The trade was a 19.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.43% of the company's stock.

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.