TopBuild Corp. (NYSE:BLD) Shares Acquired by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH raised its stake in shares of TopBuild Corp. (NYSE:BLD) by 51.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,159 shares of the construction company’s stock after buying an additional 16,090 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in TopBuild were worth $14,682,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of BLD. Wilmington Savings Fund Society FSB acquired a new position in shares of TopBuild during the third quarter valued at approximately $31,000. Winch Advisory Services LLC bought a new position in TopBuild during the 4th quarter valued at $26,000. Versant Capital Management Inc increased its position in shares of TopBuild by 327.3% during the 4th quarter. Versant Capital Management Inc now owns 94 shares of the construction company’s stock valued at $29,000 after purchasing an additional 72 shares during the period. Quantbot Technologies LP bought a new stake in shares of TopBuild in the 3rd quarter worth $45,000. Finally, Kennebec Savings Bank acquired a new stake in shares of TopBuild in the third quarter valued at $45,000. Institutional investors and hedge funds own 95.67% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on BLD. Seaport Res Ptn cut shares of TopBuild from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. The Goldman Sachs Group reduced their target price on shares of TopBuild from $475.00 to $410.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Evercore ISI cut TopBuild from an “outperform” rating to an “inline” rating and dropped their price target for the company from $443.00 to $381.00 in a report on Monday, December 16th. DA Davidson reduced their price objective on TopBuild from $460.00 to $450.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Finally, StockNews.com raised TopBuild from a “hold” rating to a “buy” rating in a research report on Tuesday, October 29th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $437.00.

TopBuild Trading Up 1.1 %

Shares of NYSE BLD opened at $354.53 on Thursday. The business has a 50 day simple moving average of $345.09 and a 200 day simple moving average of $378.51. TopBuild Corp. has a 52 week low of $302.70 and a 52 week high of $495.68. The stock has a market cap of $10.46 billion, a price-to-earnings ratio of 17.89, a PEG ratio of 2.04 and a beta of 1.84. 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:BLD) last released its quarterly earnings results on Tuesday, November 5th. The construction company reported $5.68 earnings per share for the quarter, beating analysts’ consensus estimates of $5.62 by $0.06. The business had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.39 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. TopBuild’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter last year, the firm earned $5.43 EPS. On average, research analysts predict that TopBuild Corp. will post 20.95 earnings per share for the current fiscal year.

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.