TopBuild Corp. (NYSE:BLD) Shares Sold by WR Wealth Planners LLC

WR Wealth Planners LLC reduced its stake in TopBuild Corp. (NYSE:BLD) by 10.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. 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 reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB acquired a new stake in shares of TopBuild during the third quarter valued at about $31,000. Winch Advisory Services LLC acquired a new stake in shares of TopBuild during the fourth quarter valued at about $26,000. Versant Capital Management Inc grew its stake in shares of TopBuild by 327.3% during the fourth quarter. Versant Capital Management Inc now owns 94 shares of the construction company’s stock valued at $29,000 after acquiring an additional 72 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of TopBuild during the third quarter valued at about $45,000. Finally, Kennebec Savings Bank acquired a new stake in shares of TopBuild during the third quarter valued at about $45,000. 95.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BLD has been the topic of several research analyst reports. StockNews.com cut shares of TopBuild from a “buy” rating to a “hold” rating in a research report on Wednesday. Evercore ISI cut shares of TopBuild from an “outperform” rating to an “inline” rating and reduced their price target for the stock from $443.00 to $381.00 in a research report on Monday, December 16th. DA Davidson reduced their price target on shares of TopBuild from $460.00 to $450.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. Seaport Res Ptn cut shares of TopBuild from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. Finally, Truist Financial reduced their price target on shares of TopBuild from $395.00 to $310.00 and set a “hold” rating on the stock in a research report on Thursday. Four 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 data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $422.33.

TopBuild Stock Performance

Shares of NYSE BLD opened at $306.44 on Friday. The company has a current ratio of 2.01, a quick ratio of 1.49 and a debt-to-equity ratio of 0.64. The stock has a 50 day simple moving average of $326.00 and a 200-day simple moving average of $360.03. The company has a market cap of $9.04 billion, a PE ratio of 15.46, a P/E/G ratio of 1.82 and a beta of 1.85. TopBuild Corp. has a 12-month low of $295.19 and a 12-month high of $495.68.

TopBuild (NYSE:BLD) last announced its earnings results on Tuesday, February 25th. The construction company reported $5.13 EPS for the quarter, topping 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 firm had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter in the previous year, the company earned $4.69 earnings per share. The firm’s quarterly revenue was up 2.0% compared to the same quarter last year. On average, equities research analysts forecast that TopBuild Corp. will post 20.97 EPS for the current year.

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.