TopBuild Corp. (NYSE:BLD) Holdings Lifted by Boston Trust Walden Corp

Boston Trust Walden Corp boosted its holdings in TopBuild Corp. (NYSE:BLD) by 3.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 140,062 shares of the construction company’s stock after acquiring an additional 4,913 shares during the quarter. Boston Trust Walden Corp owned about 0.47% of TopBuild worth $43,607,000 as of its most recent SEC filing.

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

TopBuild Price Performance

NYSE BLD opened at $328.88 on Tuesday. TopBuild Corp. has a 1 year low of $302.70 and a 1 year high of $495.68. The company has a fifty day simple moving average of $342.33 and a 200 day simple moving average of $373.85. The company has a current ratio of 2.01, a quick ratio of 1.49 and a debt-to-equity ratio of 0.64. The company has a market cap of $9.70 billion, a P/E ratio of 16.59, a P/E/G ratio of 2.05 and a beta of 1.85.

TopBuild (NYSE:BLD) last released its quarterly earnings results on Tuesday, November 5th. The construction company reported $5.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.62 by $0.06. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The company had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the prior year, the company earned $5.43 earnings per share. The business’s quarterly revenue was up 3.6% compared to the same quarter last year. On average, sell-side analysts predict that TopBuild Corp. will post 20.97 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have recently commented on BLD shares. Jefferies Financial Group decreased their target price on TopBuild from $525.00 to $515.00 and set a “buy” rating for the company in a research report on Wednesday, October 9th. DA Davidson lowered their price target on shares of TopBuild from $460.00 to $450.00 and set a “buy” rating on the stock in a report on Thursday, November 7th. The Goldman Sachs Group cut their price target on TopBuild from $475.00 to $410.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. StockNews.com raised TopBuild from a “hold” rating to a “buy” rating in a research note on Tuesday, October 29th. Finally, Evercore ISI downgraded shares of TopBuild from an “outperform” rating to an “inline” rating and decreased their target price for the stock from $443.00 to $381.00 in a research report on Monday, December 16th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, TopBuild presently has a consensus rating of “Moderate Buy” and an average target price of $437.00.

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.