1 week Ago By Defense World Staff
JPMorgan Chase & Co. lowered its stake in shares of TopBuild Corp. (NYSE:BLD – Free Report) by 12.
8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 74,642 shares of the construction company’s stock after selling 10,971 shares during the period. JPMorgan Chase & Co.
owned approximately 0.25% of TopBuild worth $23,239,000 as of its most recent SEC filing. Other institutional investors have also recently made changes to their positions in the company.
Winch Advisory Services LLC bought a new position in TopBuild during the fourth quarter valued at approximately $26,000. Versant Capital Management Inc raised its stake in TopBuild by 327.3% during the 4th 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 during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of TopBuild during the 3rd quarter valued at $31,000. V Square Quantitative Management LLC boosted its stake in shares of TopBuild by 55.
3% in the 4th quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company’s stock worth $37,000 after buying an additional 42 shares during the last quarter. Finally, World Investment Advisors LLC bought a new stake in shares of TopBuild in the third quarter worth $54,000.
Hedge funds and other institutional investors own 95.67% of the company’s stock. TopBuild Stock Up 7.
7 %Shares of BLD stock opened at $297.13 on Thursday. The company has a market capitalization of $8.
69 billion, a price-to-earnings ratio of 14.99, a PEG ratio of 1.82 and a beta of 1.
78. 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 company’s fifty day moving average price is $308.
91 and its 200-day moving average price is $342.58. TopBuild Corp.
has a one year low of $266.26 and a one year high of $495.68.
TopBuild (NYSE:BLD – Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The construction company reported $5.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the firm posted $4.
69 EPS. The company’s revenue was up 2.0% on a year-over-year basis.
Sell-side analysts expect that TopBuild Corp. will post 20.97 EPS for the current fiscal year.
Wall Street Analysts Forecast GrowthA number of research analysts have weighed in on BLD shares. Truist Financial lowered their target price on TopBuild from $395.00 to $310.
00 and set a “hold” rating on the stock in a report on Thursday, February 27th. The Goldman Sachs Group lowered their price objective on shares of TopBuild from $475.00 to $410.
00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. StockNews.com lowered shares of TopBuild from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th.
Deutsche Bank Aktiengesellschaft initiated coverage on shares of TopBuild in a research report on Tuesday, April 1st. They issued a “buy” rating and a $356.00 price target on the stock.
Finally, Seaport Res Ptn downgraded shares of TopBuild from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. Four 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $398.56.Read Our Latest Report on BLDTopBuild Profile (Free Report)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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(NYSE:BLD – Free Report)..
