Fiera Capital Corp Has $40.87 Million Stock Holdings in TopBuild Corp. (NYSE:BLD)

Fiera Capital Corp lessened its position in TopBuild Corp. (NYSE:BLD) by 2.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 131,257 shares of the construction company’s stock after selling 3,213 shares during the period. Fiera Capital Corp owned approximately 0.44% of TopBuild worth $40,866,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new stake in TopBuild in the 3rd quarter valued at $31,000. Winch Advisory Services LLC acquired a new position in shares of TopBuild during the fourth quarter valued at about $26,000. Versant Capital Management Inc increased its position in shares of TopBuild by 327.3% during the fourth quarter. Versant Capital Management Inc now owns 94 shares of the construction company’s stock worth $29,000 after acquiring an additional 72 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of TopBuild in the 3rd quarter worth about $45,000. Finally, Kennebec Savings Bank bought a new position in TopBuild in the 3rd quarter valued at about $45,000. 95.67% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have commented on the company. Seaport Res Ptn lowered TopBuild from a “strong-buy” rating to a “hold” rating in a report on Friday, December 13th. Evercore ISI lowered TopBuild from an “outperform” rating to an “inline” rating and lowered their price target for the company from $443.00 to $381.00 in a research report on Monday, December 16th. 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 report on Thursday, November 7th. StockNews.com upgraded shares of TopBuild from a “hold” rating to a “buy” rating in a report on Tuesday, October 29th. Finally, The Goldman Sachs Group dropped their price target on shares of TopBuild from $475.00 to $410.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $437.00.

TopBuild Price Performance

Shares of NYSE:BLD opened at $321.92 on Thursday. TopBuild Corp. has a fifty-two week low of $302.70 and a fifty-two week high of $495.68. The company’s 50-day moving average is $334.14 and its 200 day moving average is $368.52. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.49 and a current ratio of 2.01. The company has a market capitalization of $9.50 billion, a P/E ratio of 16.24, a price-to-earnings-growth ratio of 2.03 and a beta of 1.85.

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.