GSG Advisors LLC Decreases Stock Position in TopBuild Corp. (NYSE:BLD)

GSG Advisors LLC lowered its stake in TopBuild Corp. (NYSE:BLD) by 5.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 757 shares of the construction company’s stock after selling 46 shares during the quarter. GSG Advisors LLC’s holdings in TopBuild were worth $236,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in BLD. TFG Advisers LLC boosted its position in shares of TopBuild by 1.1% during the 3rd quarter. TFG Advisers LLC now owns 2,975 shares of the construction company’s stock worth $1,210,000 after acquiring an additional 31 shares in the last quarter. CIBC Asset Management Inc raised its holdings in TopBuild by 3.6% during the third quarter. CIBC Asset Management Inc now owns 919 shares of the construction company’s stock worth $374,000 after purchasing an additional 32 shares in the last quarter. Sheaff Brock Investment Advisors LLC lifted its position in shares of TopBuild by 0.6% during the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 5,360 shares of the construction company’s stock worth $2,181,000 after buying an additional 33 shares during the last quarter. CWM LLC raised its holdings in shares of TopBuild by 10.3% in the third quarter. CWM LLC now owns 387 shares of the construction company’s stock valued at $157,000 after buying an additional 36 shares during the last quarter. Finally, Atlanta Consulting Group Advisors LLC boosted its stake in shares of TopBuild by 1.5% during the third quarter. Atlanta Consulting Group Advisors LLC now owns 2,699 shares of the construction company’s stock worth $1,098,000 after buying an additional 39 shares during the period. Hedge funds and other institutional investors own 95.67% of the company’s stock.

TopBuild Trading Up 0.5 %

BLD opened at $314.88 on Tuesday. The firm has a market capitalization of $9.29 billion, a P/E ratio of 15.89, a P/E/G ratio of 2.31 and a beta of 1.84. The firm’s 50 day moving average is $348.26 and its 200-day moving average is $380.15. The company has a quick ratio of 1.49, a current ratio of 2.01 and a debt-to-equity ratio of 0.64. TopBuild Corp. has a 52-week low of $302.70 and a 52-week high of $495.68.

TopBuild (NYSE:BLD) last posted its quarterly earnings data on Tuesday, November 5th. The construction company reported $5.68 EPS for the quarter, beating analysts’ consensus estimates of $5.62 by $0.06. The firm had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.39 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The firm’s revenue was up 3.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.43 EPS. Analysts expect that TopBuild Corp. will post 20.95 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BLD. StockNews.com upgraded TopBuild from a “hold” rating to a “buy” rating in a research report on Tuesday, October 29th. Jefferies Financial Group dropped their target price on TopBuild from $525.00 to $515.00 and set a “buy” rating on the stock in a report on Wednesday, October 9th. Evercore ISI downgraded TopBuild from an “outperform” rating to an “inline” rating and decreased their price target for the stock from $443.00 to $381.00 in a report on Monday, December 16th. Seaport Res Ptn cut shares of TopBuild from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 13th. Finally, DA Davidson dropped their price target on shares of TopBuild from $460.00 to $450.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $439.38.

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.