Blue Trust Inc. Has $137,000 Holdings in TopBuild Corp. (NYSE:BLD)

Blue Trust Inc. lifted its holdings in shares of TopBuild Corp. (NYSE:BLD) by 18.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 440 shares of the construction company’s stock after buying an additional 67 shares during the quarter. Blue Trust Inc.’s holdings in TopBuild were worth $137,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of BLD. Sanctuary Advisors LLC bought a new stake in shares of TopBuild during the 2nd quarter valued at $2,004,000. Handelsbanken Fonder AB grew its stake in shares of TopBuild by 21.6% during the third quarter. Handelsbanken Fonder AB now owns 8,437 shares of the construction company’s stock worth $3,432,000 after purchasing an additional 1,500 shares during the period. CWM LLC increased its holdings in TopBuild by 10.3% in the third quarter. CWM LLC now owns 387 shares of the construction company’s stock valued at $157,000 after purchasing an additional 36 shares during the last quarter. UMB Bank n.a. lifted its stake in TopBuild by 87.3% in the third quarter. UMB Bank n.a. now owns 133 shares of the construction company’s stock valued at $54,000 after buying an additional 62 shares during the period. Finally, Ritholtz Wealth Management boosted its holdings in TopBuild by 20.1% during the third quarter. Ritholtz Wealth Management now owns 1,899 shares of the construction company’s stock worth $773,000 after buying an additional 318 shares during the last quarter. 95.67% of the stock is owned by institutional investors.

TopBuild Stock Performance

BLD opened at $338.18 on Thursday. The company has a market capitalization of $9.98 billion, a price-to-earnings ratio of 17.06, a P/E/G ratio of 2.05 and a beta of 1.85. The business’s 50-day moving average price is $340.20 and its two-hundred day moving average price is $372.80. TopBuild Corp. has a 1 year low of $302.70 and a 1 year high of $495.68. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.01 and a quick ratio of 1.49.

TopBuild (NYSE:BLD) last announced its 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 return on equity of 26.40% and a net margin of 11.66%. The business had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter last year, the firm earned $5.43 EPS. TopBuild’s revenue for the quarter was up 3.6% compared to the same quarter last year. Equities analysts expect that TopBuild Corp. will post 20.97 EPS for the current fiscal year.

Wall Street Analyst Weigh In

BLD has been the topic of a number of analyst reports. Jefferies Financial Group cut 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. Seaport Res Ptn lowered shares of TopBuild from a “strong-buy” rating to a “hold” rating in a report on Friday, December 13th. Evercore ISI lowered shares of TopBuild from an “outperform” rating to an “inline” rating and decreased their price target for the company from $443.00 to $381.00 in a report on Monday, December 16th. The Goldman Sachs Group dropped their price objective on TopBuild from $475.00 to $410.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Finally, StockNews.com raised TopBuild from a “hold” rating to a “buy” rating in a research note on Tuesday, October 29th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $437.00.

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.