TopBuild Corp. (NYSE:BLD) Shares Sold by Price T Rowe Associates Inc. MD

Price T Rowe Associates Inc. MD decreased its stake in shares of TopBuild Corp. (NYSE:BLD - Free Report) by 1.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 93,121 shares of the construction company's stock after selling 1,240 shares during the period. Price T Rowe Associates Inc. MD owned 0.32% of TopBuild worth $28,993,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. TT International Asset Management LTD increased its holdings in shares of TopBuild by 33.3% during the 4th quarter. TT International Asset Management LTD now owns 18,781 shares of the construction company's stock worth $5,847,000 after buying an additional 4,694 shares during the last quarter. Van ECK Associates Corp raised its holdings in shares of TopBuild by 57.8% in the 4th quarter. Van ECK Associates Corp now owns 32,633 shares of the construction company's stock worth $10,160,000 after purchasing an additional 11,948 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of TopBuild by 14.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 85,613 shares of the construction company's stock valued at $34,828,000 after purchasing an additional 10,612 shares in the last quarter. Fort Washington Investment Advisors Inc. OH grew its holdings in shares of TopBuild by 51.8% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 47,159 shares of the construction company's stock worth $14,682,000 after purchasing an additional 16,090 shares during the period. Finally, AEGON ASSET MANAGEMENT UK Plc increased its position in TopBuild by 18.4% during the 4th quarter. AEGON ASSET MANAGEMENT UK Plc now owns 35,562 shares of the construction company's stock worth $11,052,000 after purchasing an additional 5,517 shares in the last quarter. Hedge funds and other institutional investors own 95.67% of the company's stock.

TopBuild Stock Up 0.5 %

Shares of BLD stock traded up $1.57 during mid-day trading on Friday, reaching $300.16. 326,706 shares of the company were exchanged, compared to its average volume of 313,054. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.49 and a current ratio of 2.01. The business's 50 day simple moving average is $297.92 and its 200 day simple moving average is $330.04. The company has a market capitalization of $8.78 billion, a P/E ratio of 15.14, a P/E/G ratio of 1.82 and a beta of 1.72. TopBuild Corp. has a fifty-two week low of $266.26 and a fifty-two week high of $495.68.

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 the consensus estimate of $5.07 by $0.06. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.31 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The company's revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.69 EPS. Research analysts predict that TopBuild Corp. will post 20.97 earnings per share for the current year.

Wall Street Analyst Weigh In

BLD has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft assumed coverage on shares of TopBuild in a research report on Tuesday, April 1st. They set a "buy" rating and a $356.00 price target on the stock. StockNews.com cut shares of TopBuild from a "buy" rating to a "hold" rating in a research report on Wednesday, February 26th. Truist Financial cut 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. Benchmark decreased their target price on TopBuild from $445.00 to $375.00 and set a "buy" rating for the company in a research report on Monday, March 3rd. Finally, Loop Capital reduced their price target on TopBuild from $405.00 to $390.00 and set a "buy" rating on the stock in a research report on Thursday, February 27th. Four research 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, the stock presently has an average rating of "Moderate Buy" and an average target price 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.