Enhancing Capital LLC Purchases Shares of 2,173 TopBuild Corp. (NYSE:BLD)

Enhancing Capital LLC acquired a new position in shares of TopBuild Corp. (NYSE:BLD) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,173 shares of the construction company’s stock, valued at approximately $677,000.

Other hedge funds have also bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new stake in TopBuild during the third quarter worth approximately $31,000. Winch Advisory Services LLC bought a new position in TopBuild during the fourth quarter worth about $26,000. Versant Capital Management Inc raised its stake in TopBuild by 327.3% in the 4th quarter. Versant Capital Management Inc now owns 94 shares of the construction company’s stock worth $29,000 after purchasing an additional 72 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of TopBuild during the 3rd quarter worth approximately $45,000. Finally, V Square Quantitative Management LLC grew its position in shares of TopBuild by 55.3% during the 4th quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company’s stock worth $37,000 after purchasing an additional 42 shares in the last quarter. 95.67% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. StockNews.com lowered TopBuild from a “buy” rating to a “hold” rating in a research note on Wednesday, February 26th. The Goldman Sachs Group dropped their price target on TopBuild from $475.00 to $410.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Seaport Res Ptn downgraded shares of TopBuild from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 13th. Loop Capital decreased their target price on shares of TopBuild from $405.00 to $390.00 and set a “buy” rating on the stock in a report on Thursday, February 27th. Finally, Benchmark decreased their price objective on shares of TopBuild from $445.00 to $375.00 and set a “buy” rating on the stock in a research note on Monday, March 3rd. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $403.88.

TopBuild Stock Performance

NYSE BLD opened at $301.41 on Tuesday. The company has a market cap of $8.81 billion, a P/E ratio of 15.21, a PEG ratio of 1.82 and a beta of 1.89. The company has a fifty day simple moving average of $323.52 and a 200 day simple moving average of $353.12. 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 12-month low of $288.31 and a 12-month high of $495.68.

TopBuild (NYSE:BLD) last issued its quarterly earnings data on Tuesday, February 25th. The construction company reported $5.13 earnings per share for the quarter, beating the consensus estimate of $5.07 by $0.06. The business had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.31 billion. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The business’s revenue was up 2.0% on a year-over-year basis. During the same period last year, the business earned $4.69 EPS. Sell-side analysts predict that TopBuild Corp. will post 20.97 earnings per share for the current fiscal year.

TopBuild Company 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.