Mirabella Financial Services LLP Buys Shares of 3,781 TopBuild Corp. (NYSE:BLD)

Mirabella Financial Services LLP acquired a new position in TopBuild Corp. (NYSE:BLD - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 3,781 shares of the construction company's stock, valued at approximately $1,174,000.

Several other large investors have also added to or reduced their stakes in the stock. Capital Research Global Investors boosted its position in TopBuild by 1.4% during the 4th quarter. Capital Research Global Investors now owns 3,029,012 shares of the construction company's stock valued at $943,050,000 after acquiring an additional 41,047 shares in the last quarter. Pictet Asset Management Holding SA increased its holdings in shares of TopBuild by 4.9% in the 4th quarter. Pictet Asset Management Holding SA now owns 871,495 shares of the construction company's stock worth $271,331,000 after purchasing an additional 40,916 shares in the last quarter. Invesco Ltd. increased its holdings in TopBuild by 14.6% in the 4th quarter. Invesco Ltd. now owns 595,338 shares of the construction company's stock worth $185,353,000 after buying an additional 75,713 shares in the last quarter. Norges Bank purchased a new position in shares of TopBuild during the fourth quarter valued at approximately $108,688,000. Finally, Vaughan Nelson Investment Management L.P. raised its stake in TopBuild by 4.2% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 292,531 shares of the construction company's stock valued at $91,076,000 after buying an additional 11,762 shares during the last quarter. Institutional investors own 95.67% of the company's stock.

TopBuild Trading Down 1.8 %

Shares of NYSE:BLD traded down $5.59 on Friday, hitting $296.83. 164,610 shares of the company's stock were exchanged, compared to its average volume of 315,360. The stock has a market capitalization of $8.68 billion, a price-to-earnings ratio of 14.98, a price-to-earnings-growth ratio of 1.82 and a beta of 1.78. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.01 and a quick ratio of 1.49. TopBuild Corp. has a 12 month low of $266.26 and a 12 month high of $495.68. The business's 50 day simple moving average is $299.30 and its two-hundred day simple moving average is $333.86.

TopBuild (NYSE:BLD - Get Free Report) last issued its earnings results on Tuesday, February 25th. The construction company reported $5.13 earnings per share for the quarter, topping the consensus estimate of $5.07 by $0.06. The business had revenue of $1.31 billion during the quarter, compared to analysts' expectations of $1.31 billion. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The business's revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the prior year, the business earned $4.69 EPS. Analysts anticipate that TopBuild Corp. will post 20.97 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on BLD shares. StockNews.com cut shares of TopBuild from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Truist Financial lowered their price objective on TopBuild from $395.00 to $310.00 and set a "hold" rating on the stock in a research report on Thursday, February 27th. The Goldman Sachs Group dropped their target price on shares of TopBuild from $475.00 to $410.00 and set a "buy" rating for the company in a research report on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft assumed coverage on TopBuild in a report on Tuesday, April 1st. They set a "buy" rating and a $356.00 price target for the company. Finally, Loop Capital reduced their target price on shares of TopBuild from $405.00 to $390.00 and set a "buy" rating on the stock in a report on Thursday, February 27th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $398.56.

TopBuild 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.