TopBuild Corp. (NYSE:BLD) Stock Holdings Increased by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lifted its position in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 6.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 47,074 shares of the construction company's stock after purchasing an additional 2,940 shares during the period. Los Angeles Capital Management LLC owned about 0.15% of TopBuild worth $17,618,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. FMR LLC increased its position in TopBuild by 13.8% during the third quarter. FMR LLC now owns 1,100,719 shares of the construction company's stock worth $276,941,000 after buying an additional 133,835 shares during the period. Invesco Ltd. raised its position in TopBuild by 3.9% in the 3rd quarter. Invesco Ltd. now owns 880,779 shares of the construction company's stock valued at $221,604,000 after purchasing an additional 32,771 shares during the last quarter. William Blair Investment Management LLC purchased a new stake in TopBuild in the 3rd quarter valued at $95,147,000. Adage Capital Partners GP L.L.C. boosted its stake in TopBuild by 83.3% during the 3rd quarter. Adage Capital Partners GP L.L.C. now owns 275,000 shares of the construction company's stock worth $69,190,000 after purchasing an additional 125,000 shares during the period. Finally, Northern Trust Corp grew its position in TopBuild by 1.8% during the 3rd quarter. Northern Trust Corp now owns 265,856 shares of the construction company's stock worth $66,889,000 after purchasing an additional 4,811 shares during the last quarter. 95.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

BLD has been the subject of several recent research reports. Benchmark increased their target price on shares of TopBuild from $320.00 to $450.00 and gave the stock a "buy" rating in a research note on Friday, March 1st. Evercore ISI boosted their target price on TopBuild from $469.00 to $527.00 and gave the company an "outperform" rating in a report on Tuesday, April 2nd. StockNews.com raised TopBuild from a "hold" rating to a "buy" rating in a report on Saturday, April 6th. DA Davidson began coverage on shares of TopBuild in a research note on Tuesday, March 5th. They issued a "buy" rating and a $470.00 price objective on the stock. Finally, Loop Capital upgraded shares of TopBuild from a "hold" rating to a "buy" rating in a research note on Monday, January 8th. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, TopBuild currently has an average rating of "Moderate Buy" and a consensus price target of $418.90.

TopBuild Price Performance

Shares of NYSE BLD traded down $6.36 during midday trading on Friday, hitting $402.52. The company had a trading volume of 793,120 shares, compared to its average volume of 273,705. The company has a quick ratio of 2.18, a current ratio of 2.66 and a debt-to-equity ratio of 0.54. The business has a 50-day simple moving average of $414.25 and a two-hundred day simple moving average of $360.22. TopBuild Corp. has a twelve month low of $199.31 and a twelve month high of $452.87. The firm has a market capitalization of $12.81 billion, a price-to-earnings ratio of 20.82, a price-to-earnings-growth ratio of 2.98 and a beta of 1.67.

TopBuild (NYSE:BLD - Get Free Report) last announced its quarterly earnings results on Wednesday, February 28th. The construction company reported $4.69 EPS for the quarter, topping the consensus estimate of $4.60 by $0.09. TopBuild had a return on equity of 27.03% and a net margin of 11.82%. The business had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the company earned $4.40 EPS. The company's quarterly revenue was up 1.7% on a year-over-year basis. Equities research analysts anticipate that TopBuild Corp. will post 21.02 earnings per share for the current 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.