1,279 Shares in TopBuild Corp. $BLD Bought by Kestra Investment Management LLC

Kestra Investment Management LLC acquired a new stake in TopBuild Corp. (NYSE:BLD) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,279 shares of the construction company’s stock, valued at approximately $534,000.

A number of other large investors also recently bought and sold shares of the company. Orion Porfolio Solutions LLC lifted its stake in shares of TopBuild by 7,961.7% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 395,747 shares of the construction company’s stock worth $128,119,000 after acquiring an additional 390,838 shares during the period. Westfield Capital Management Co. LP acquired a new position in shares of TopBuild during the third quarter worth about $87,955,000. Bank of America Corp DE increased its stake in shares of TopBuild by 14.8% during the second quarter. Bank of America Corp DE now owns 847,436 shares of the construction company’s stock worth $274,349,000 after acquiring an additional 109,572 shares during the period. Life Cycle Investment Partners Ltd purchased a new position in TopBuild during the fourth quarter worth about $37,239,000. Finally, UBS Group AG raised its holdings in TopBuild by 51.9% during the third quarter. UBS Group AG now owns 246,889 shares of the construction company’s stock worth $96,499,000 after purchasing an additional 84,307 shares in the last quarter. Hedge funds and other institutional investors own 95.67% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on BLD. UBS Group set a $440.00 price objective on TopBuild in a report on Wednesday, May 6th. Zacks Research raised TopBuild from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 6th. Seaport Research Partners restated a “neutral” rating on shares of TopBuild in a research note on Tuesday, April 7th. Weiss Ratings lowered TopBuild from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 27th. Finally, Royal Bank Of Canada increased their price objective on TopBuild from $410.00 to $433.00 and gave the stock a “sector perform” rating in a research report on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, TopBuild currently has a consensus rating of “Hold” and an average price target of $466.77.

TopBuild Price Performance

BLD stock opened at $417.93 on Thursday. The firm has a 50 day moving average of $399.11 and a 200-day moving average of $434.56. The company has a market cap of $11.76 billion, a price-to-earnings ratio of 23.48, a PEG ratio of 4.81 and a beta of 1.85. The company has a current ratio of 2.00, a quick ratio of 1.41 and a debt-to-equity ratio of 1.16. TopBuild Corp. has a 12-month low of $273.87 and a 12-month high of $559.47.

TopBuild (NYSE:BLD) last released its quarterly earnings data on Tuesday, May 5th. The construction company reported $3.75 earnings per share for the quarter, beating the consensus estimate of $3.64 by $0.11. The firm had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.41 billion. TopBuild had a return on equity of 23.53% and a net margin of 8.95%.TopBuild’s quarterly revenue was up 17.2% on a year-over-year basis. During the same period last year, the business posted $4.63 EPS. As a group, equities analysts expect that TopBuild Corp. will post 18.15 EPS for the current fiscal year.

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.