TopBuild Corp. (NYSE:BLD) Shares Bought by AEGON ASSET MANAGEMENT UK Plc

AEGON ASSET MANAGEMENT UK Plc lifted its holdings in shares of TopBuild Corp. (NYSE:BLD) by 18.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,562 shares of the construction company’s stock after buying an additional 5,517 shares during the period. AEGON ASSET MANAGEMENT UK Plc’s holdings in TopBuild were worth $11,052,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. TFG Advisers LLC boosted its position in TopBuild by 1.1% during the 3rd quarter. TFG Advisers LLC now owns 2,975 shares of the construction company’s stock worth $1,210,000 after acquiring an additional 31 shares during the period. CIBC Asset Management Inc lifted its holdings in TopBuild by 3.6% in the third quarter. CIBC Asset Management Inc now owns 919 shares of the construction company’s stock worth $374,000 after purchasing an additional 32 shares during the period. Sheaff Brock Investment Advisors LLC grew its position in TopBuild by 0.6% in the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 5,360 shares of the construction company’s stock valued at $2,181,000 after buying an additional 33 shares in the last quarter. CWM LLC increased its stake in TopBuild by 10.3% during the 3rd quarter. CWM LLC now owns 387 shares of the construction company’s stock valued at $157,000 after buying an additional 36 shares during the period. Finally, Atlanta Consulting Group Advisors LLC raised its position in shares of TopBuild by 1.5% during the 3rd quarter. Atlanta Consulting Group Advisors LLC now owns 2,699 shares of the construction company’s stock worth $1,098,000 after buying an additional 39 shares in the last quarter. 95.67% of the stock is owned by institutional investors.

TopBuild Price Performance

NYSE BLD opened at $352.82 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. TopBuild Corp. has a 1 year low of $302.70 and a 1 year high of $495.68. The company has a market cap of $10.41 billion, a PE ratio of 17.80, a PEG ratio of 2.08 and a beta of 1.84. The stock’s 50-day moving average price is $345.03 and its two-hundred day moving average price is $378.12.

TopBuild (NYSE:BLD) last released its quarterly earnings results on Tuesday, November 5th. The construction company reported $5.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.62 by $0.06. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The business had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the previous year, the business earned $5.43 earnings per share. The firm’s revenue was up 3.6% compared to the same quarter last year. On average, analysts predict that TopBuild Corp. will post 20.97 EPS for the current year.

Analysts Set New Price Targets

BLD has been the topic of a number of research analyst reports. Evercore ISI lowered shares of TopBuild from an “outperform” rating to an “inline” rating and lowered their price objective for the company from $443.00 to $381.00 in a research note on Monday, December 16th. DA Davidson dropped their price objective on TopBuild from $460.00 to $450.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. StockNews.com raised TopBuild from a “hold” rating to a “buy” rating in a research note on Tuesday, October 29th. 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, Jefferies Financial Group reduced their price objective on shares of TopBuild from $525.00 to $515.00 and set a “buy” rating for the company in a research report on Wednesday, October 9th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $437.00.

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.