TopBuild Corp. (NYSE:BLD) Position Reduced by WR Wealth Planners LLC

WR Wealth Planners LLC decreased its position in shares of TopBuild Corp. (NYSE:BLD) by 10.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 944 shares of the construction company’s stock after selling 109 shares during the period. WR Wealth Planners LLC’s holdings in TopBuild were worth $294,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new position in shares of TopBuild in the third quarter valued at $31,000. Winch Advisory Services LLC bought a new position in shares of TopBuild in the fourth quarter valued at $26,000. Versant Capital Management Inc increased its holdings in shares of TopBuild by 327.3% in the fourth quarter. Versant Capital Management Inc now owns 94 shares of the construction company’s stock valued at $29,000 after buying an additional 72 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of TopBuild in the third quarter valued at $45,000. Finally, Kennebec Savings Bank bought a new position in shares of TopBuild in the third quarter valued at $45,000. Institutional investors own 95.67% of the company’s stock.

TopBuild Trading Up 1.0 %

TopBuild stock opened at $306.44 on Friday. The company’s fifty day simple moving average is $326.00 and its 200-day simple moving average is $360.03. The company has a quick ratio of 1.49, a current ratio of 2.01 and a debt-to-equity ratio of 0.64. TopBuild Corp. has a 12 month low of $295.19 and a 12 month high of $495.68. The stock has a market cap of $9.04 billion, a P/E ratio of 15.46, a P/E/G ratio of 1.82 and a beta of 1.85.

TopBuild (NYSE:BLD) last posted its quarterly earnings results on Tuesday, February 25th. The construction company reported $5.13 EPS for the quarter, beating the consensus estimate of $5.07 by $0.06. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The business had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.31 billion. During the same period in the previous year, the company posted $4.69 EPS. TopBuild’s revenue was up 2.0% on a year-over-year basis. As a group, sell-side analysts forecast that TopBuild Corp. will post 20.97 EPS for the current fiscal year.

Wall Street Analyst Weigh In

BLD has been the topic of several research reports. Seaport Res Ptn cut TopBuild from a “strong-buy” rating to a “hold” rating in a report on Friday, December 13th. The Goldman Sachs Group dropped their price target on TopBuild from $475.00 to $410.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. DA Davidson cut 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 downgraded shares of TopBuild from an “outperform” rating to an “inline” rating and cut their target price for the company from $443.00 to $381.00 in a research note on Monday, December 16th. Finally, StockNews.com downgraded shares of TopBuild from a “buy” rating to a “hold” rating in a research note on Wednesday. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $422.33.

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.