Universal Beteiligungs und Servicegesellschaft mbH Acquires 26,050 Shares of Installed Building Products, Inc. $IBP

Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in Installed Building Products, Inc. (NYSE:IBP) by 1,724.0% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 27,561 shares of the construction company’s stock after purchasing an additional 26,050 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.10% of Installed Building Products worth $6,798,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Timucuan Asset Management Inc. FL lifted its stake in Installed Building Products by 73.2% in the second quarter. Timucuan Asset Management Inc. FL now owns 866,577 shares of the construction company’s stock worth $156,261,000 after purchasing an additional 366,250 shares during the last quarter. Eminence Capital LP increased its holdings in shares of Installed Building Products by 48.5% in the second quarter. Eminence Capital LP now owns 945,101 shares of the construction company’s stock worth $170,421,000 after buying an additional 308,717 shares during the period. Orion Porfolio Solutions LLC increased its holdings in shares of Installed Building Products by 4,659.1% in the second quarter. Orion Porfolio Solutions LLC now owns 171,897 shares of the construction company’s stock worth $30,996,000 after buying an additional 168,285 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Installed Building Products by 84.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 276,690 shares of the construction company’s stock valued at $49,893,000 after acquiring an additional 126,435 shares during the last quarter. Finally, Burgundy Asset Management Ltd. purchased a new stake in Installed Building Products during the 2nd quarter valued at about $13,880,000. Institutional investors own 99.61% of the company’s stock.

Installed Building Products Stock Performance

Shares of IBP stock opened at $296.81 on Monday. The company has a quick ratio of 2.28, a current ratio of 2.78 and a debt-to-equity ratio of 1.25. Installed Building Products, Inc. has a 52 week low of $150.83 and a 52 week high of $317.86. The stock has a fifty day moving average of $274.04 and a 200 day moving average of $255.92. The firm has a market capitalization of $8.05 billion, a price-to-earnings ratio of 31.95, a PEG ratio of 5.49 and a beta of 1.91.

Installed Building Products (NYSE:IBP) last posted its quarterly earnings data on Wednesday, November 5th. The construction company reported $3.18 earnings per share for the quarter, beating the consensus estimate of $2.69 by $0.49. Installed Building Products had a return on equity of 62.74% and a net margin of 8.60%.The business had revenue of $778.20 million for the quarter, compared to analysts’ expectations of $751.98 million. During the same period in the previous year, the firm posted $2.85 EPS. The business’s revenue was up 2.3% on a year-over-year basis. As a group, research analysts expect that Installed Building Products, Inc. will post 10.66 earnings per share for the current year.

Installed Building Products Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, December 15th. Installed Building Products’s dividend payout ratio (DPR) is currently 15.93%.

Analyst Upgrades and Downgrades

IBP has been the topic of a number of analyst reports. Wall Street Zen raised Installed Building Products from a “hold” rating to a “buy” rating in a research note on Monday. Royal Bank Of Canada raised their target price on shares of Installed Building Products from $184.00 to $203.00 and gave the stock an “underperform” rating in a report on Thursday, November 6th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $245.00 price target on shares of Installed Building Products in a report on Tuesday, January 13th. Weiss Ratings raised shares of Installed Building Products from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, January 12th. Finally, Jefferies Financial Group boosted their price objective on shares of Installed Building Products from $230.00 to $259.00 and gave the company a “hold” rating in a research report on Monday, December 15th. Two investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Installed Building Products has a consensus rating of “Reduce” and an average target price of $235.36.

Insider Buying and Selling

In related news, insider William Jeffrey Hire sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $251.63, for a total value of $1,258,150.00. Following the transaction, the insider directly owned 32,999 shares of the company’s stock, valued at approximately $8,303,538.37. This represents a 13.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Michael H. Thomas sold 2,001 shares of the stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $268.28, for a total value of $536,828.28. Following the sale, the director owned 8,373 shares in the company, valued at approximately $2,246,308.44. This represents a 19.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 16.20% of the stock is owned by insiders.

Installed Building Products Company Profile

Installed Building Products, Inc (NYSE: IBP) is a leading national installer of specialty building products serving the U.S. residential construction market. The company partners with homebuilders and contractors to deliver a comprehensive range of interior and exterior finishing services, including insulation, drywall finishing, protective coatings and basement waterproofing systems. By offering a single-source solution, Installed Building Products helps streamline project coordination and ensures consistent service quality across multiple trades.

Founded in 1977 and headquartered in Columbus, Ohio, Installed Building Products has expanded from a regional insulation installer into a nationwide platform operating in nearly every state.