TopBuild Corp. (NYSE:BLD) Position Lifted by V Square Quantitative Management LLC

V Square Quantitative Management LLC raised its stake in shares of TopBuild Corp. (NYSE:BLD) by 55.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 118 shares of the construction company’s stock after acquiring an additional 42 shares during the quarter. V Square Quantitative Management LLC’s holdings in TopBuild were worth $37,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Van ECK Associates Corp lifted its position in shares of TopBuild by 57.8% in the 4th quarter. Van ECK Associates Corp now owns 32,633 shares of the construction company’s stock worth $10,160,000 after buying an additional 11,948 shares during the last quarter. Regents Gate Capital LLP bought a new position in shares of TopBuild in the 4th quarter worth about $4,992,000. Vaughan Nelson Investment Management L.P. lifted its position in shares of TopBuild by 4.2% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 292,531 shares of the construction company’s stock worth $91,076,000 after buying an additional 11,762 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of TopBuild in the 4th quarter worth about $1,414,000. Finally, Retirement Systems of Alabama lifted its position in shares of TopBuild by 5.8% in the 4th quarter. Retirement Systems of Alabama now owns 71,127 shares of the construction company’s stock worth $22,145,000 after buying an additional 3,882 shares during the last quarter. 95.67% of the stock is currently owned by institutional investors.

TopBuild Stock Performance

TopBuild stock opened at $325.89 on Tuesday. The firm’s 50 day simple moving average is $331.11 and its 200-day simple moving average is $364.73. The company has a market cap of $9.61 billion, a P/E ratio of 16.44, a price-to-earnings-growth ratio of 2.03 and a beta of 1.85. 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 Corp. has a fifty-two week low of $302.70 and a fifty-two week high of $495.68.

Analyst Ratings Changes

BLD has been the topic of several recent research reports. DA Davidson cut their price objective on shares of TopBuild from $460.00 to $450.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. StockNews.com raised shares of TopBuild from a “hold” rating to a “buy” rating in a research note on Tuesday, October 29th. Evercore ISI cut shares of TopBuild from an “outperform” rating to an “inline” rating and lowered their target price for the company from $443.00 to $381.00 in a research note on Monday, December 16th. Seaport Res Ptn cut shares of TopBuild from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 13th. Finally, The Goldman Sachs Group lowered their price objective on shares of TopBuild from $475.00 to $410.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target 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.