Jump Financial LLC Acquires New Holdings in TopBuild Corp. (NYSE:BLD)

Jump Financial LLC purchased a new position in TopBuild Corp. (NYSE:BLD - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,991 shares of the construction company's stock, valued at approximately $2,177,000.

Other institutional investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of TopBuild in the 3rd quarter worth approximately $31,000. Winch Advisory Services LLC purchased a new stake in TopBuild during the 4th quarter valued at $26,000. Versant Capital Management Inc boosted its stake in TopBuild by 327.3% during the 4th quarter. Versant Capital Management Inc now owns 94 shares of the construction company's stock valued at $29,000 after purchasing an additional 72 shares during the last quarter. V Square Quantitative Management LLC boosted its stake in TopBuild by 55.3% during 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. Finally, R Squared Ltd purchased a new stake in TopBuild during the 4th quarter valued at $72,000. Institutional investors own 95.67% of the company's stock.

Analysts Set New Price Targets

Several analysts have commented on the company. StockNews.com downgraded TopBuild from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Deutsche Bank Aktiengesellschaft assumed coverage on TopBuild in a research note on Tuesday, April 1st. They issued a "buy" rating and a $356.00 price target on the stock. The Goldman Sachs Group decreased their target price on TopBuild from $475.00 to $410.00 and set a "buy" rating on the stock in a report on Tuesday, January 14th. Truist Financial decreased their target price on TopBuild from $395.00 to $310.00 and set a "hold" rating on the stock in a report on Thursday, February 27th. Finally, Benchmark decreased their target price on TopBuild from $445.00 to $375.00 and set a "buy" rating on the stock in a report on Monday, March 3rd. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $398.56.

TopBuild Trading Up 1.2 %

NYSE:BLD traded up $3.68 during midday trading on Thursday, hitting $299.57. 138,713 shares of the company traded hands, compared to its average volume of 314,825. The firm's fifty day moving average is $300.25 and its 200-day moving average is $335.05. TopBuild Corp. has a 12-month low of $266.26 and a 12-month high of $495.68. The firm has a market capitalization of $8.76 billion, a P/E ratio of 15.10, a P/E/G ratio of 1.82 and a beta of 1.78. The company has a current ratio of 2.01, a quick ratio of 1.49 and a debt-to-equity ratio of 0.64.

TopBuild (NYSE:BLD - Get Free Report) last released its earnings results on Tuesday, February 25th. The construction company reported $5.13 earnings per share for the quarter, topping analysts' consensus estimates of $5.07 by $0.06. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same quarter last year, the firm posted $4.69 earnings per share. The business's revenue was up 2.0% compared to the same quarter last year. On average, sell-side analysts predict that TopBuild Corp. will post 20.97 EPS 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.