TopBuild Corp. (NYSE:BLD) Shares Sold by Semanteon Capital Management LP

Semanteon Capital Management LP lowered its position in TopBuild Corp. (NYSE:BLD) by 58.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 911 shares of the construction company’s stock after selling 1,281 shares during the period. Semanteon Capital Management LP’s holdings in TopBuild were worth $284,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in shares of TopBuild in the third quarter worth about $31,000. Winch Advisory Services LLC acquired a new position in shares of TopBuild in the fourth quarter worth about $26,000. Versant Capital Management Inc raised its position in shares of TopBuild by 327.3% in the fourth quarter. Versant Capital Management Inc now owns 94 shares of the construction company’s stock worth $29,000 after acquiring an additional 72 shares during the period. Quantbot Technologies LP acquired a new position in shares of TopBuild in the third quarter worth about $45,000. Finally, V Square Quantitative Management LLC raised its position in shares of TopBuild by 55.3% in the fourth quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company’s stock worth $37,000 after acquiring an additional 42 shares during the period. Institutional investors and hedge funds own 95.67% of the company’s stock.

TopBuild Stock Down 2.6 %

Shares of NYSE BLD opened at $298.57 on Friday. TopBuild Corp. has a 12-month low of $288.31 and a 12-month high of $495.68. The stock has a market cap of $8.73 billion, a PE ratio of 15.06, a P/E/G ratio of 1.82 and a beta of 1.89. 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 50-day moving average of $322.42 and a 200 day moving average of $351.17.

TopBuild (NYSE:BLD) last posted its quarterly earnings results on Tuesday, February 25th. The construction company reported $5.13 earnings per share for the quarter, beating the consensus estimate of $5.07 by $0.06. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter in the prior year, the company posted $4.69 EPS. The business’s revenue for the quarter was up 2.0% on a year-over-year basis. As a group, sell-side analysts predict that TopBuild Corp. will post 20.97 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. The Goldman Sachs Group reduced their price target on shares of TopBuild from $475.00 to $410.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Benchmark reduced their price target on shares of TopBuild from $445.00 to $375.00 and set a “buy” rating for the company in a research report on Monday, March 3rd. Seaport Res Ptn downgraded shares of TopBuild from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. Truist Financial reduced their price target on shares of TopBuild from $395.00 to $310.00 and set a “hold” rating for the company in a research report on Thursday, February 27th. Finally, Evercore ISI downgraded shares of TopBuild from an “outperform” rating to an “inline” rating and reduced their price target for the stock from $443.00 to $381.00 in a research report on Monday, December 16th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $403.88.

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.