705 Shares in TopBuild Corp. (NYSE:BLD) Acquired by Nebula Research & Development LLC

Nebula Research & Development LLC bought a new stake in shares of TopBuild Corp. (NYSE:BLD) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 705 shares of the construction company’s stock, valued at approximately $219,000.

A number of other institutional investors also recently added to or reduced their stakes in BLD. Fuller & Thaler Asset Management Inc. raised its stake in shares of TopBuild by 18.3% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 109,387 shares of the construction company’s stock valued at $34,056,000 after purchasing an additional 16,917 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in shares of TopBuild by 779.7% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 604,155 shares of the construction company’s stock worth $188,098,000 after acquiring an additional 535,478 shares during the period. Pinebridge Investments L.P. boosted its holdings in shares of TopBuild by 65.1% in the fourth quarter. Pinebridge Investments L.P. now owns 15,745 shares of the construction company’s stock valued at $4,902,000 after acquiring an additional 6,209 shares in the last quarter. Quantessence Capital LLC acquired a new position in shares of TopBuild during the fourth quarter valued at approximately $244,000. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of TopBuild by 26.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,695 shares of the construction company’s stock valued at $839,000 after buying an additional 564 shares during the period. Institutional investors and hedge funds own 95.67% of the company’s stock.

TopBuild Stock Up 1.1 %

Shares of BLD stock opened at $298.87 on Friday. The stock’s 50 day simple moving average is $298.13 and its 200 day simple moving average is $331.27. TopBuild Corp. has a twelve month low of $266.26 and a twelve month high of $495.68. 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 company has a market capitalization of $8.74 billion, a price-to-earnings ratio of 15.08, a PEG ratio of 1.82 and a beta of 1.78.

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

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on BLD. Deutsche Bank Aktiengesellschaft began coverage on TopBuild in a research report on Tuesday, April 1st. They issued a “buy” rating and a $356.00 price target for the company. Truist Financial cut their price objective on TopBuild from $395.00 to $310.00 and set a “hold” rating for the company in a report on Thursday, February 27th. Benchmark lowered their target price on TopBuild from $445.00 to $375.00 and set a “buy” rating on the stock in a research note on Monday, March 3rd. Loop Capital cut their price target on TopBuild from $405.00 to $390.00 and set a “buy” rating for the company in a research note on Thursday, February 27th. Finally, StockNews.com cut TopBuild from a “buy” rating to a “hold” rating in a research note on Wednesday, February 26th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $398.56.

TopBuild Company 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.