TopBuild Corp. (NYSE:BLD) Shares Purchased by Level Four Advisory Services LLC

Level Four Advisory Services LLC grew its position in shares of TopBuild Corp. (NYSE:BLDGet Rating) by 35.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,054 shares of the construction company’s stock after purchasing an additional 538 shares during the quarter. Level Four Advisory Services LLC’s holdings in TopBuild were worth $567,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of BLD. Pallas Capital Advisors LLC grew its holdings in TopBuild by 2.0% during the fourth quarter. Pallas Capital Advisors LLC now owns 2,444 shares of the construction company’s stock worth $565,000 after acquiring an additional 48 shares during the period. Creative Planning boosted its holdings in TopBuild by 1.7% during the third quarter. Creative Planning now owns 3,027 shares of the construction company’s stock worth $620,000 after buying an additional 50 shares in the last quarter. Captrust Financial Advisors grew its position in TopBuild by 5.3% in the third quarter. Captrust Financial Advisors now owns 1,102 shares of the construction company’s stock worth $226,000 after buying an additional 55 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of TopBuild by 8.5% in the fourth quarter. Van ECK Associates Corp now owns 724 shares of the construction company’s stock valued at $200,000 after buying an additional 57 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its position in shares of TopBuild by 54.8% during the 4th quarter. First Horizon Advisors Inc. now owns 178 shares of the construction company’s stock valued at $48,000 after acquiring an additional 63 shares during the last quarter. 96.91% of the stock is currently owned by institutional investors.

Several brokerages recently commented on BLD. Benchmark lowered their price target on TopBuild from $300.00 to $275.00 and set a “buy” rating for the company in a research note on Wednesday, February 23rd. Jefferies Financial Group decreased their price objective on shares of TopBuild from $300.00 to $280.00 and set a “buy” rating for the company in a report on Wednesday, February 23rd. StockNews.com assumed coverage on TopBuild in a report on Thursday, March 31st. They set a “hold” rating on the stock. JPMorgan Chase & Co. reduced their target price on TopBuild from $219.00 to $193.00 and set a “neutral” rating for the company in a report on Wednesday, April 20th. Finally, Truist Financial increased their price target on TopBuild from $260.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, February 23rd. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $265.67.

Shares of NYSE:BLD opened at $189.62 on Monday. TopBuild Corp. has a 1-year low of $165.01 and a 1-year high of $284.07. The firm has a market capitalization of $6.22 billion, a PE ratio of 16.58 and a beta of 1.45. The company has a current ratio of 1.65, a quick ratio of 1.15 and a debt-to-equity ratio of 0.86. The business’s 50 day moving average is $190.39 and its 200-day moving average is $227.66.

TopBuild (NYSE:BLDGet Rating) last announced its quarterly earnings results on Thursday, May 5th. The construction company reported $3.50 earnings per share for the quarter, beating analysts’ consensus estimates of $2.85 by $0.65. The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.07 billion. TopBuild had a return on equity of 25.63% and a net margin of 9.68%. The business’s revenue was up 61.6% compared to the same quarter last year. During the same period in the prior year, the business posted $2.02 earnings per share. On average, sell-side analysts predict that TopBuild Corp. will post 14.8 EPS for the current year.

TopBuild Company Profile (Get Rating)

TopBuild Corp., together with its subsidiaries, engages in the installation and distribution of insulation and other building 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, afterpaint products, fireproofing products, garage doors, fireplaces, closet shelving, roofing materials, and other products; and insulation installation services.

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Institutional Ownership by Quarter for TopBuild (NYSE:BLD)

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