Trium Capital LLP Purchases 1,844 Shares of TopBuild Corp. (NYSE:BLD)

Trium Capital LLP raised its position in TopBuild Corp. (NYSE:BLD) by 96.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,763 shares of the construction company’s stock after buying an additional 1,844 shares during the quarter. TopBuild comprises about 0.2% of Trium Capital LLP’s portfolio, making the stock its 19th largest position. Trium Capital LLP’s holdings in TopBuild were worth $1,172,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Federated Hermes Inc. raised its position in TopBuild by 2.7% during the second quarter. Federated Hermes Inc. now owns 8,655 shares of the construction company’s stock valued at $3,335,000 after purchasing an additional 227 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its stake in shares of TopBuild by 8.0% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 987 shares of the construction company’s stock valued at $380,000 after purchasing an additional 73 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in shares of TopBuild by 15.3% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 3,224 shares of the construction company’s stock worth $1,242,000 after buying an additional 428 shares in the last quarter. Hsbc Holdings PLC lifted its position in shares of TopBuild by 115.7% during the 2nd quarter. Hsbc Holdings PLC now owns 9,159 shares of the construction company’s stock worth $3,525,000 after buying an additional 4,912 shares during the last quarter. Finally, XTX Topco Ltd lifted its position in shares of TopBuild by 218.3% during the 2nd quarter. XTX Topco Ltd now owns 4,141 shares of the construction company’s stock worth $1,595,000 after buying an additional 2,840 shares during the last quarter. 95.67% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have commented on the company. DA Davidson lowered their target price on TopBuild from $460.00 to $450.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. 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 cut their target price on shares of TopBuild from $475.00 to $410.00 and set a “buy” rating on the stock in a research report on Tuesday. Jefferies Financial Group lowered their price target on shares of TopBuild from $525.00 to $515.00 and set a “buy” rating for the company in a report on Wednesday, October 9th. Finally, 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 research note on Monday, December 16th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $437.00.

TopBuild Price Performance

Shares of NYSE:BLD opened at $346.72 on Friday. 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 Corp. has a 52 week low of $302.70 and a 52 week high of $495.68. The firm has a market cap of $10.23 billion, a PE ratio of 17.49, a price-to-earnings-growth ratio of 1.84 and a beta of 1.84. The firm’s fifty day moving average is $345.83 and its 200-day moving average is $379.06.

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, topping the consensus estimate of $5.62 by $0.06. The business had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.39 billion. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. TopBuild’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period last year, the company earned $5.43 EPS. Sell-side analysts predict that TopBuild Corp. will post 20.95 earnings per share for the current year.

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.