TopBuild Corp. (NYSE:BLD) Shares Sold by Atlanta Consulting Group Advisors LLC

Atlanta Consulting Group Advisors LLC reduced its holdings in TopBuild Corp. (NYSE:BLD) by 1.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,660 shares of the construction company’s stock after selling 39 shares during the quarter. Atlanta Consulting Group Advisors LLC’s holdings in TopBuild were worth $828,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. CIBC Asset Management Inc boosted its stake in shares of TopBuild by 3.6% during the 3rd quarter. CIBC Asset Management Inc now owns 919 shares of the construction company’s stock worth $374,000 after acquiring an additional 32 shares in the last quarter. Sheaff Brock Investment Advisors LLC boosted its stake in shares of TopBuild by 0.7% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 5,400 shares of the construction company’s stock worth $1,681,000 after acquiring an additional 40 shares in the last quarter. Pathstone Holdings LLC boosted its stake in shares of TopBuild by 1.0% during the 3rd quarter. Pathstone Holdings LLC now owns 4,208 shares of the construction company’s stock worth $1,712,000 after acquiring an additional 41 shares in the last quarter. V Square Quantitative Management LLC boosted its stake in shares of TopBuild by 55.3% during the 4th quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company’s stock worth $37,000 after acquiring an additional 42 shares in the last quarter. Finally, Point72 DIFC Ltd boosted its stake in shares of TopBuild by 1.8% during the 3rd quarter. Point72 DIFC Ltd now owns 2,535 shares of the construction company’s stock worth $1,031,000 after acquiring an additional 46 shares in the last quarter. 95.67% of the stock is currently owned by institutional investors and hedge funds.

TopBuild Price Performance

NYSE BLD opened at $299.45 on Monday. TopBuild Corp. has a fifty-two week low of $288.31 and a fifty-two week high of $495.68. The stock’s 50-day moving average is $323.89 and its two-hundred day moving average is $353.75. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.01 and a quick ratio of 1.49. The firm has a market cap of $8.75 billion, a P/E ratio of 15.11, a price-to-earnings-growth ratio of 1.82 and a beta of 1.89.

TopBuild (NYSE:BLD) last posted its earnings results on Tuesday, February 25th. The construction company reported $5.13 earnings per share for the quarter, beating the consensus estimate of $5.07 by $0.06. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the company earned $4.69 earnings per share. The business’s revenue was up 2.0% compared to the same quarter last year. On average, analysts anticipate that TopBuild Corp. will post 20.97 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on BLD. Evercore ISI cut TopBuild from an “outperform” rating to an “inline” rating and decreased their target price for the stock from $443.00 to $381.00 in a research report on Monday, December 16th. Truist Financial decreased their target price on TopBuild from $395.00 to $310.00 and set a “hold” rating for the company in a research report on Thursday, February 27th. Loop Capital decreased their target price on TopBuild from $405.00 to $390.00 and set a “buy” rating for the company in a research report on Thursday, February 27th. StockNews.com cut TopBuild from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Finally, The Goldman Sachs Group decreased their target price on TopBuild from $475.00 to $410.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, TopBuild presently has a consensus rating of “Moderate Buy” and an average price target of $403.88.

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.