Union Bancaire Privee UBP SA Acquires Shares of 4,666 TopBuild Corp. (NYSE:BLD)

Union Bancaire Privee UBP SA bought a new position in shares of TopBuild Corp. (NYSE:BLD) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 4,666 shares of the construction company’s stock, valued at approximately $1,450,000.

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

TopBuild Stock Performance

Shares of TopBuild stock opened at $352.32 on Tuesday. The company has a current ratio of 2.01, a quick ratio of 1.49 and a debt-to-equity ratio of 0.64. The company has a market cap of $10.39 billion, a PE ratio of 17.78, a price-to-earnings-growth ratio of 2.08 and a beta of 1.84. The company has a 50 day moving average of $345.06 and a 200-day moving average of $377.52. TopBuild Corp. has a 1-year low of $302.70 and a 1-year high of $495.68.

TopBuild (NYSE:BLD) last released its earnings results on Tuesday, November 5th. The construction company reported $5.68 earnings per share for the quarter, topping the consensus estimate of $5.62 by $0.06. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The firm had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the prior year, the company earned $5.43 earnings per share. The company’s quarterly revenue was up 3.6% on a year-over-year basis. As a group, equities research analysts forecast that TopBuild Corp. will post 20.97 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on BLD shares. Jefferies Financial Group decreased their target price on TopBuild from $525.00 to $515.00 and set a “buy” rating on the stock in a research report on Wednesday, October 9th. StockNews.com raised TopBuild from a “hold” rating to a “buy” rating in a report on Tuesday, October 29th. The Goldman Sachs Group decreased their price target on shares of TopBuild from $475.00 to $410.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. DA Davidson dropped their price objective on shares of TopBuild from $460.00 to $450.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Finally, Evercore ISI lowered shares of TopBuild from an “outperform” rating to an “inline” rating and decreased their target price for the stock from $443.00 to $381.00 in a research report on Monday, December 16th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $437.00.

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.