Nations Financial Group Inc. IA ADV Sells 40 Shares of TopBuild Corp. (NYSE:BLD)

Nations Financial Group Inc. IA ADV trimmed its position in shares of TopBuild Corp. (NYSE:BLD) by 2.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,659 shares of the construction company’s stock after selling 40 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in TopBuild were worth $517,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Pitcairn Co. boosted its holdings in TopBuild by 178.2% during the third quarter. Pitcairn Co. now owns 2,220 shares of the construction company’s stock worth $903,000 after purchasing an additional 1,422 shares during the last quarter. TT International Asset Management LTD boosted its stake in shares of TopBuild by 33.3% in the 4th quarter. TT International Asset Management LTD now owns 18,781 shares of the construction company’s stock worth $5,847,000 after buying an additional 4,694 shares during the last quarter. Icon Wealth Advisors LLC grew its holdings in shares of TopBuild by 704.6% in the third quarter. Icon Wealth Advisors LLC now owns 2,293 shares of the construction company’s stock valued at $933,000 after acquiring an additional 2,008 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of TopBuild by 37.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 178,824 shares of the construction company’s stock valued at $72,747,000 after acquiring an additional 48,562 shares during the last quarter. Finally, Bank of Montreal Can lifted its holdings in TopBuild by 72.0% during the third quarter. Bank of Montreal Can now owns 11,239 shares of the construction company’s stock worth $4,600,000 after acquiring an additional 4,703 shares during the period. Institutional investors own 95.67% of the company’s stock.

TopBuild Stock Down 0.4 %

TopBuild stock opened at $325.89 on Tuesday. The firm has a 50 day simple moving average of $331.11 and a 200 day simple moving average of $364.73. The company has a current ratio of 2.01, a quick ratio of 1.49 and a debt-to-equity ratio of 0.64. TopBuild Corp. has a 1-year low of $302.70 and a 1-year high of $495.68. The firm has a market capitalization of $9.61 billion, a price-to-earnings ratio of 16.44, a P/E/G ratio of 2.03 and a beta of 1.85.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Seaport Res Ptn lowered TopBuild from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. The Goldman Sachs Group decreased their price objective 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 dropped their target price on shares of TopBuild from $460.00 to $450.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. Evercore ISI lowered shares of TopBuild from an “outperform” rating to an “inline” rating and decreased their price target for the stock from $443.00 to $381.00 in a research note on Monday, December 16th. Finally, StockNews.com upgraded TopBuild from a “hold” rating to a “buy” rating in a research note on Tuesday, October 29th. Three equities research 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 has a consensus rating of “Moderate Buy” and a consensus price target of $437.00.

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.