Trium Capital LLP grew its holdings in shares of TopBuild Corp. (NYSE:BLD – Free Report) by 96.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,763 shares of the construction company’s stock after acquiring an additional 1,844 shares during the period. TopBuild accounts for approximately 0.2% of Trium Capital LLP’s investment portfolio, making the stock its 19th biggest holding. Trium Capital LLP’s holdings in TopBuild were worth $1,172,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in BLD. TFG Advisers LLC grew its stake in TopBuild by 1.1% during the third quarter. TFG Advisers LLC now owns 2,975 shares of the construction company’s stock worth $1,210,000 after purchasing an additional 31 shares during the period. CIBC Asset Management Inc boosted its holdings 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 buying an additional 32 shares in the last quarter. Sheaff Brock Investment Advisors LLC grew its position in shares of TopBuild by 0.6% during the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 5,360 shares of the construction company’s stock worth $2,181,000 after buying an additional 33 shares during the period. CWM LLC increased its stake in shares of TopBuild by 10.3% in the 3rd quarter. CWM LLC now owns 387 shares of the construction company’s stock valued at $157,000 after acquiring an additional 36 shares in the last quarter. Finally, Atlanta Consulting Group Advisors LLC lifted its position in shares of TopBuild by 1.5% during the 3rd quarter. Atlanta Consulting Group Advisors LLC now owns 2,699 shares of the construction company’s stock valued at $1,098,000 after acquiring an additional 39 shares during the period. 95.67% of the stock is owned by institutional investors.
TopBuild Stock Up 0.2 %
Shares of NYSE:BLD opened at $346.72 on Friday. The stock has a market cap of $10.23 billion, a price-to-earnings ratio of 17.49, a PEG ratio of 1.84 and a beta of 1.84. The business’s 50 day moving average is $345.83 and its 200 day moving average is $379.06. TopBuild Corp. has a 12-month low of $302.70 and a 12-month high of $495.68. The company has a quick ratio of 1.49, a current ratio of 2.01 and a debt-to-equity ratio of 0.64.
Analyst Ratings Changes
BLD has been the subject of a number of research reports. Seaport Res Ptn downgraded shares of TopBuild from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 13th. Evercore ISI lowered TopBuild from an “outperform” rating to an “inline” rating and decreased their target price for the company from $443.00 to $381.00 in a research report on Monday, December 16th. DA Davidson cut their price target on TopBuild from $460.00 to $450.00 and set a “buy” rating on the stock in a report on Thursday, November 7th. Jefferies Financial Group reduced their price objective on TopBuild from $525.00 to $515.00 and set a “buy” rating for the company in a research note on Wednesday, October 9th. Finally, StockNews.com raised TopBuild from a “hold” rating to a “buy” rating in a research report on Tuesday, October 29th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $437.00.
Get Our Latest Stock Analysis on BLD
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.
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