TopBuild Corp. (NYSE:BLD) Shares Purchased by Sheaff Brock Investment Advisors LLC

Sheaff Brock Investment Advisors LLC raised its position in TopBuild Corp. (NYSE:BLD) by 0.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,400 shares of the construction company’s stock after acquiring an additional 40 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in TopBuild were worth $1,681,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Winch Advisory Services LLC purchased a new stake in shares of TopBuild during the 4th quarter worth $26,000. Versant Capital Management Inc raised its stake in TopBuild by 327.3% in the fourth quarter. Versant Capital Management Inc now owns 94 shares of the construction company’s stock valued at $29,000 after buying an additional 72 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in TopBuild during the 3rd quarter worth about $31,000. V Square Quantitative Management LLC boosted 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 acquiring an additional 42 shares in the last quarter. Finally, Kennebec Savings Bank acquired a new position in shares of TopBuild during the 3rd quarter worth about $45,000. Institutional investors and hedge funds own 95.67% of the company’s stock.

Wall Street Analysts Forecast Growth

BLD has been the subject of several recent analyst reports. DA Davidson decreased their target price on TopBuild from $460.00 to $450.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. StockNews.com upgraded shares of TopBuild from a “hold” rating to a “buy” rating in a research report on Tuesday, October 29th. The Goldman Sachs Group cut 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. Seaport Res Ptn downgraded shares of TopBuild from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 13th. Finally, Evercore ISI cut TopBuild from an “outperform” rating to an “inline” rating and cut their target price for the stock from $443.00 to $381.00 in a research report on Monday, December 16th. Three equities 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, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $437.00.

TopBuild Trading Down 0.4 %

NYSE BLD opened at $325.89 on Friday. The firm’s fifty day moving average is $332.19 and its two-hundred day moving average is $366.42. TopBuild Corp. has a one year low of $302.70 and a one year high of $495.68. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.49 and a current ratio of 2.01. The firm has a market cap of $9.61 billion, a PE ratio of 16.44, a P/E/G ratio of 2.03 and a beta of 1.85.

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.