Advantage Alpha Capital Partners LP Buys 1,522 Shares of TopBuild Corp. (NYSE:BLD)

Advantage Alpha Capital Partners LP raised its position in shares of TopBuild Corp. (NYSE:BLD) by 11.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 15,315 shares of the construction company’s stock after purchasing an additional 1,522 shares during the quarter. Advantage Alpha Capital Partners LP’s holdings in TopBuild were worth $4,768,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in BLD. Winch Advisory Services LLC bought a new position in TopBuild during the fourth quarter valued at approximately $26,000. Versant Capital Management Inc increased its stake in TopBuild by 327.3% during the fourth quarter. Versant Capital Management Inc now owns 94 shares of the construction company’s stock worth $29,000 after acquiring an additional 72 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in TopBuild during the third quarter valued at approximately $31,000. V Square Quantitative Management LLC lifted its stake in shares of TopBuild by 55.3% in the 4th quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company’s stock valued at $37,000 after purchasing an additional 42 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new position in shares of TopBuild in the 3rd quarter worth approximately $45,000. 95.67% of the stock is currently owned by institutional investors.

TopBuild Price Performance

Shares of BLD opened at $298.57 on Monday. 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 twelve month low of $288.31 and a twelve month high of $495.68. The firm has a market capitalization of $8.73 billion, a PE ratio of 15.06, a P/E/G ratio of 1.82 and a beta of 1.89. The stock’s 50 day moving average is $322.42 and its two-hundred day moving average is $350.90.

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

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Benchmark cut their price objective on shares of TopBuild from $445.00 to $375.00 and set a “buy” rating on the stock in a research report on Monday, March 3rd. Truist Financial lowered their target price on shares of TopBuild from $395.00 to $310.00 and set a “hold” rating for the company in a research note on Thursday, February 27th. Evercore ISI downgraded TopBuild from an “outperform” rating to an “inline” rating and decreased their price target for the company from $443.00 to $381.00 in a report on Monday, December 16th. Seaport Res Ptn lowered TopBuild from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 13th. Finally, StockNews.com cut shares of TopBuild from a “buy” rating to a “hold” rating in a research note on Wednesday, February 26th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $403.88.

About TopBuild

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.