Robeco Schweiz AG Has $14.83 Million Holdings in TopBuild Corp. (NYSE:BLD)

Robeco Schweiz AG decreased its stake in shares of TopBuild Corp. (NYSE:BLD) by 42.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 47,630 shares of the construction company’s stock after selling 34,500 shares during the period. Robeco Schweiz AG’s holdings in TopBuild were worth $14,829,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in BLD. CIBC Asset Management Inc boosted its position 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 during the period. Sheaff Brock Investment Advisors LLC lifted its stake in shares of TopBuild by 0.6% in the third 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. Atlanta Consulting Group Advisors LLC boosted its holdings in shares of TopBuild by 1.5% during the 3rd 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. Pathstone Holdings LLC boosted its holdings in shares of TopBuild by 1.0% during the 3rd quarter. Pathstone Holdings LLC now owns 4,208 shares of the construction company’s stock worth $1,712,000 after buying an additional 41 shares during the period. Finally, V Square Quantitative Management LLC grew its stake in TopBuild by 55.3% in the 4th quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company’s stock valued at $37,000 after buying an additional 42 shares during the last quarter. Institutional investors and hedge funds own 95.67% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on BLD. Evercore ISI lowered shares of TopBuild from an “outperform” rating to an “inline” rating and cut their target price for the stock from $443.00 to $381.00 in a research report on Monday, December 16th. DA Davidson dropped their price objective on TopBuild from $460.00 to $450.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. StockNews.com downgraded TopBuild from a “buy” rating to a “hold” rating in a research note on Wednesday. Seaport Res Ptn downgraded TopBuild from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. Finally, 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 report on Tuesday, January 14th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $437.00.

TopBuild Trading Down 1.6 %

Shares of BLD opened at $305.34 on Thursday. The stock’s 50-day moving average price is $326.18 and its 200 day moving average price is $360.89. The company has a quick ratio of 1.49, a current ratio of 2.01 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $9.01 billion, a price-to-earnings ratio of 15.41, a P/E/G ratio of 1.82 and a beta of 1.85. TopBuild Corp. has a 12-month low of $295.19 and a 12-month high of $495.68.

TopBuild (NYSE:BLD) last announced its quarterly earnings data 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 for the quarter, compared to analyst estimates of $1.31 billion. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. TopBuild’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter last year, the firm earned $4.69 EPS. As a group, research analysts predict that TopBuild Corp. will post 20.97 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.