PFG Investments LLC Has $441,000 Position in TopBuild Corp. (NYSE:BLD)

PFG Investments LLC grew its position in shares of TopBuild Corp. (NYSE:BLDFree Report) by 38.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,417 shares of the construction company’s stock after purchasing an additional 392 shares during the quarter. PFG Investments LLC’s holdings in TopBuild were worth $441,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in TopBuild during the 3rd quarter worth approximately $31,000. Winch Advisory Services LLC acquired a new position in shares of TopBuild during the fourth quarter worth $26,000. Versant Capital Management Inc grew its stake 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 purchasing an additional 72 shares during the last quarter. Quantbot Technologies LP acquired a new stake in TopBuild in the third quarter valued at $45,000. Finally, Kennebec Savings Bank acquired a new position in TopBuild during the 3rd quarter worth about $45,000. 95.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. StockNews.com raised TopBuild from a “hold” rating to a “buy” rating in a research note on Tuesday, October 29th. Jefferies Financial Group dropped their price target on shares of TopBuild from $525.00 to $515.00 and set a “buy” rating on the stock in a research report on Wednesday, October 9th. The Goldman Sachs Group decreased their price objective 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. Evercore ISI lowered shares of TopBuild from an “outperform” rating to an “inline” rating and dropped their target price for the company from $443.00 to $381.00 in a report on Monday, December 16th. Finally, Seaport Res Ptn lowered TopBuild from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 13th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $437.00.

Check Out Our Latest Stock Analysis on TopBuild

TopBuild Price Performance

BLD stock opened at $352.09 on Friday. The company has a market capitalization of $10.39 billion, a P/E ratio of 17.76, a price-to-earnings-growth ratio of 2.08 and a beta of 1.84. TopBuild Corp. has a 52-week low of $302.70 and a 52-week high of $495.68. The business has a 50-day simple moving average of $344.51 and a two-hundred day simple moving average of $376.47. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.49 and a current ratio of 2.01.

TopBuild (NYSE:BLDGet Free Report) last announced its quarterly earnings results on Tuesday, November 5th. The construction company reported $5.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.62 by $0.06. The business had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.39 billion. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. TopBuild’s revenue was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.43 earnings per share. Research analysts expect that TopBuild Corp. will post 20.97 EPS for the current fiscal year.

TopBuild Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for TopBuild (NYSE:BLD)

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