Virtu Financial LLC Has $854,000 Holdings in TopBuild Corp. $BLD

Virtu Financial LLC decreased its position in shares of TopBuild Corp. (NYSE:BLD) by 58.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,046 shares of the construction company’s stock after selling 2,934 shares during the quarter. Virtu Financial LLC’s holdings in TopBuild were worth $854,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Core Wealth Advisors LLC bought a new position in TopBuild in the 4th quarter valued at about $26,000. Advisory Services Network LLC bought a new stake in shares of TopBuild during the 3rd quarter worth approximately $27,000. Parallel Advisors LLC lifted its holdings in shares of TopBuild by 50.0% during the 4th quarter. Parallel Advisors LLC now owns 75 shares of the construction company’s stock worth $31,000 after acquiring an additional 25 shares during the period. Global Retirement Partners LLC boosted its position in shares of TopBuild by 310.5% during the 4th quarter. Global Retirement Partners LLC now owns 78 shares of the construction company’s stock worth $33,000 after acquiring an additional 59 shares in the last quarter. Finally, First Horizon Corp boosted its position in shares of TopBuild by 138.9% during the 4th quarter. First Horizon Corp now owns 86 shares of the construction company’s stock worth $36,000 after acquiring an additional 50 shares in the last quarter. 95.67% of the stock is currently owned by institutional investors and hedge funds.

TopBuild Price Performance

BLD stock opened at $425.72 on Monday. The stock has a market cap of $11.93 billion, a price-to-earnings ratio of 23.92, a P/E/G ratio of 5.75 and a beta of 1.80. The company has a debt-to-equity ratio of 1.16, a current ratio of 2.00 and a quick ratio of 1.41. The company has a 50 day simple moving average of $418.29 and a 200 day simple moving average of $432.19. TopBuild Corp. has a 1 year low of $300.27 and a 1 year high of $559.47.

TopBuild (NYSE:BLD) last issued its earnings results on Tuesday, May 5th. The construction company reported $3.75 earnings per share for the quarter, beating analysts’ consensus estimates of $3.64 by $0.11. The firm had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.41 billion. TopBuild had a net margin of 8.95% and a return on equity of 23.53%. The company’s quarterly revenue was up 17.2% on a year-over-year basis. During the same quarter last year, the business posted $4.63 earnings per share. Research analysts anticipate that TopBuild Corp. will post 18.16 EPS for the current fiscal year.

Wall Street Analyst Weigh In

BLD has been the topic of a number of recent analyst reports. Wells Fargo & Company decreased their price objective on shares of TopBuild from $525.00 to $475.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 8th. Royal Bank Of Canada raised their target price on TopBuild from $410.00 to $433.00 and gave the company a “sector perform” rating in a report on Friday, February 27th. DA Davidson reiterated a “neutral” rating and issued a $437.00 price target (down from $465.00) on shares of TopBuild in a research note on Wednesday, May 6th. Loop Capital lowered TopBuild from a “buy” rating to a “hold” rating and set a $485.00 price target on the stock. in a research note on Wednesday, May 6th. Finally, Seaport Research Partners reissued a “neutral” rating on shares of TopBuild in a report on Tuesday, April 7th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, TopBuild currently has an average rating of “Hold” and an average target price of $466.77.

TopBuild Company Profile

TopBuild Corp. (NYSE: BLD) is a leading installer and distributor of insulation and building material products serving primarily the U.S. construction market. Headquartered in Daytona Beach, Florida, the company was formed in 2011 as a spin-off from ABF Freight System and has since grown through a combination of organic expansion and targeted acquisitions. TopBuild’s core mission is to enhance energy efficiency and comfort in new residential and light commercial construction projects by providing comprehensive insulation solutions and related services.

The company operates through two main segments.