O Shaughnessy Asset Management LLC Sells 518 Shares of TopBuild Corp. (NYSE:BLD)

O Shaughnessy Asset Management LLC lowered its position in TopBuild Corp. (NYSE:BLD) by 10.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,536 shares of the construction company’s stock after selling 518 shares during the period. O Shaughnessy Asset Management LLC’s holdings in TopBuild were worth $1,412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Sheaff Brock Investment Advisors LLC lifted 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 during the last quarter. V Square Quantitative Management LLC increased its stake in TopBuild by 55.3% in the fourth quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company’s stock worth $37,000 after purchasing an additional 42 shares during the period. CIBC Asset Management Inc lifted its position in shares of TopBuild by 5.2% during the fourth quarter. CIBC Asset Management Inc now owns 967 shares of the construction company’s stock worth $301,000 after purchasing an additional 48 shares during the last quarter. Trust Co. of Vermont boosted its stake in shares of TopBuild by 21.8% during the fourth quarter. Trust Co. of Vermont now owns 307 shares of the construction company’s stock valued at $96,000 after purchasing an additional 55 shares during the period. Finally, Blue Trust Inc. grew its holdings in shares of TopBuild by 18.0% in the fourth quarter. Blue Trust Inc. now owns 440 shares of the construction company’s stock worth $137,000 after purchasing an additional 67 shares during the last quarter. Hedge funds and other institutional investors own 95.67% of the company’s stock.

TopBuild Trading Up 6.7 %

Shares of NYSE BLD opened at $303.28 on Friday. The business has a fifty day moving average price of $314.95 and a 200 day moving average price of $346.40. TopBuild Corp. has a 1-year low of $272.24 and a 1-year high of $495.68. 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 stock has a market capitalization of $8.87 billion, a P/E ratio of 15.30, a price-to-earnings-growth ratio of 1.82 and a beta of 1.77.

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on BLD shares. Benchmark decreased their price objective on shares of TopBuild from $445.00 to $375.00 and set a “buy” rating for the company in a report on Monday, March 3rd. The Goldman Sachs Group lowered their price target on TopBuild from $475.00 to $410.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Loop Capital reduced their price objective on TopBuild from $405.00 to $390.00 and set a “buy” rating on the stock in a report on Thursday, February 27th. Deutsche Bank Aktiengesellschaft initiated coverage on TopBuild in a report on Tuesday, April 1st. They issued a “buy” rating and a $356.00 target price for the company. Finally, Evercore ISI lowered TopBuild from an “outperform” rating to an “inline” rating and cut their price target for the company from $443.00 to $381.00 in a research note on Monday, December 16th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, TopBuild currently has a consensus rating of “Moderate Buy” and an average price target of $398.56.

TopBuild 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.