Andina Capital Management LLC Sells 206 Shares of TopBuild Corp. (NYSE:BLD)

Andina Capital Management LLC reduced its position in TopBuild Corp. (NYSE:BLD) by 23.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 689 shares of the construction company’s stock after selling 206 shares during the quarter. Andina Capital Management LLC’s holdings in TopBuild were worth $215,000 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. FMR LLC increased its stake in TopBuild by 9.7% in the third quarter. FMR LLC now owns 1,830,493 shares of the construction company’s stock valued at $744,663,000 after acquiring an additional 161,743 shares during the last quarter. State Street Corp lifted its position in shares of TopBuild by 3.2% during the 3rd quarter. State Street Corp now owns 1,120,029 shares of the construction company’s stock worth $455,639,000 after buying an additional 34,911 shares during the last quarter. Geode Capital Management LLC boosted its stake in TopBuild by 2.1% in the third quarter. Geode Capital Management LLC now owns 627,989 shares of the construction company’s stock valued at $255,526,000 after buying an additional 12,909 shares in the last quarter. Vaughan Nelson Investment Management L.P. bought a new position in TopBuild in the third quarter valued at about $114,220,000. Finally, Charles Schwab Investment Management Inc. raised its stake in TopBuild by 2.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 233,414 shares of the construction company’s stock worth $94,955,000 after acquiring an additional 5,982 shares in the last quarter. 95.67% of the stock is currently owned by institutional investors and hedge funds.

TopBuild Price Performance

TopBuild stock opened at $352.82 on Friday. The firm has a market cap of $10.41 billion, a P/E ratio of 17.80, a P/E/G ratio of 2.08 and a beta of 1.84. The stock’s 50 day moving average is $345.03 and its 200 day moving average is $378.10. 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 one year low of $302.70 and a one year high of $495.68.

TopBuild (NYSE:BLD) last posted its quarterly earnings data on Tuesday, November 5th. The construction company reported $5.68 EPS for the quarter, beating analysts’ consensus estimates of $5.62 by $0.06. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same period in the prior year, the firm posted $5.43 EPS. The company’s quarterly revenue was up 3.6% on a year-over-year basis. As a group, research analysts expect that TopBuild Corp. will post 20.97 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. 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 lowered their price target 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. DA Davidson cut their price objective on TopBuild from $460.00 to $450.00 and set a “buy” rating on the stock in a report on Thursday, November 7th. StockNews.com upgraded TopBuild from a “hold” rating to a “buy” rating in a research report on Tuesday, October 29th. Finally, Seaport Res Ptn downgraded TopBuild from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, TopBuild presently has an average rating of “Moderate Buy” and a consensus target price of $437.00.

TopBuild 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.