MetLife Investment Management LLC Has $5.18 Million Stock Holdings in TopBuild Corp. (NYSE:BLD)

MetLife Investment Management LLC grew its holdings in TopBuild Corp. (NYSE:BLD - Free Report) by 6.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,649 shares of the construction company's stock after buying an additional 1,006 shares during the quarter. MetLife Investment Management LLC owned 0.06% of TopBuild worth $5,184,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Winch Advisory Services LLC acquired a new position in TopBuild in the fourth quarter worth about $26,000. Versant Capital Management Inc raised its holdings in shares of TopBuild by 327.3% in the 4th quarter. Versant Capital Management Inc now owns 94 shares of the construction company's stock worth $29,000 after buying an additional 72 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of TopBuild during the 3rd quarter worth approximately $31,000. V Square Quantitative Management LLC boosted 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 buying an additional 42 shares in the last quarter. Finally, World Investment Advisors LLC bought a new stake in TopBuild in the third quarter valued at $54,000. 95.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

TopBuild Stock Down 1.5 %

NYSE BLD traded down $4.32 during trading hours on Tuesday, reaching $292.33. 24,963 shares of the company's stock were exchanged, compared to its average volume of 313,858. 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 one year low of $266.26 and a one year high of $495.68. The company's 50-day moving average is $298.84 and its two-hundred day moving average is $332.47. The company has a market capitalization of $8.55 billion, a price-to-earnings ratio of 14.75, a price-to-earnings-growth ratio of 1.82 and a beta of 1.78.

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

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.