DE Burlo Group Inc. Sells 188 Shares of TopBuild Corp. (NYSE:BLD)

DE Burlo Group Inc. lessened its position in shares of TopBuild Corp. (NYSE:BLD) by 9.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,853 shares of the construction company’s stock after selling 188 shares during the quarter. DE Burlo Group Inc.’s holdings in TopBuild were worth $577,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of BLD. Winch Advisory Services LLC purchased a new stake in shares of TopBuild during the 4th quarter valued at about $26,000. Versant Capital Management Inc grew its position in TopBuild by 327.3% during 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 during the period. 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 increased its holdings in TopBuild by 55.3% during the fourth quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company’s stock valued at $37,000 after buying an additional 42 shares during the last quarter. Finally, World Investment Advisors LLC bought a new position in TopBuild in the third quarter worth approximately $54,000. Institutional investors own 95.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on BLD. Loop Capital reduced their price objective on TopBuild from $405.00 to $390.00 and set a “buy” rating for the company in a research note on Thursday, February 27th. The Goldman Sachs Group reduced their price target on TopBuild from $475.00 to $410.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Truist Financial lowered their price objective on TopBuild from $395.00 to $310.00 and set a “hold” rating on the stock in a research report on Thursday, February 27th. StockNews.com lowered shares of TopBuild from a “buy” rating to a “hold” rating in a report on Wednesday, February 26th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of TopBuild in a research note on Tuesday, April 1st. They set a “buy” rating and a $356.00 target price on the stock. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, TopBuild has an average rating of “Moderate Buy” and an average price target of $398.56.

TopBuild Trading Down 1.8 %

Shares of BLD opened at $296.83 on Friday. The firm has a market cap of $8.68 billion, a P/E ratio of 14.98, a price-to-earnings-growth ratio of 1.82 and a beta of 1.78. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.01 and a quick ratio of 1.49. TopBuild Corp. has a 1 year low of $266.26 and a 1 year high of $495.68. The company has a 50 day simple moving average of $299.30 and a two-hundred day simple moving average of $333.86.

TopBuild (NYSE:BLD) last posted its earnings results 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. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The company had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same period last year, the company posted $4.69 earnings per share. TopBuild’s quarterly revenue was up 2.0% on a year-over-year basis. On average, equities analysts expect that TopBuild Corp. will post 20.97 earnings per share for the current fiscal year.

TopBuild 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.