Quantamental Technologies LLC purchased a new stake in TopBuild Corp (NYSE:BLD) during the fourth quarter, Holdings Channel reports. The fund purchased 901 shares of the construction company’s stock, valued at approximately $41,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in TopBuild by 19.1% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,539 shares of the construction company’s stock valued at $114,000 after buying an additional 408 shares in the last quarter. Bank of Montreal Can lifted its stake in TopBuild by 10.7% in the fourth quarter. Bank of Montreal Can now owns 3,871 shares of the construction company’s stock valued at $175,000 after buying an additional 374 shares in the last quarter. Paloma Partners Management Co bought a new position in TopBuild in the third quarter valued at approximately $222,000. Janus Henderson Group PLC bought a new position in TopBuild in the third quarter valued at approximately $250,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in TopBuild by 12.8% in the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,508 shares of the construction company’s stock valued at $483,000 after buying an additional 966 shares in the last quarter. 94.65% of the stock is currently owned by hedge funds and other institutional investors.
NYSE BLD opened at $56.29 on Wednesday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.22 and a current ratio of 1.59. TopBuild Corp has a 12-month low of $41.27 and a 12-month high of $87.21. The company has a market capitalization of $1.87 billion, a PE ratio of 20.25, a price-to-earnings-growth ratio of 0.48 and a beta of 1.04.
COPYRIGHT VIOLATION NOTICE: This piece of content was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of United States & international copyright legislation. The legal version of this piece of content can be read at https://www.com-unik.info/2019/02/13/quantamental-technologies-llc-acquires-shares-of-901-topbuild-corp-bld.html.
TopBuild Corp. engages in the installation, distribution, and sale of insulation and other building products to the United States construction industry. The company operates in two segments, Installation and Distribution. It offers rain gutters, garage doors, fireplaces, fireproofing and firestopping products, shower enclosures, closet shelves, accessories, and other building products; and residential insulation services.
Further Reading: Market Capitalization in the Stock Market
Want to see what other hedge funds are holding BLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TopBuild Corp (NYSE:BLD).
Receive News & Ratings for TopBuild Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TopBuild and related companies with MarketBeat.com's FREE daily email newsletter.