TopBuild Corp. $BLD Stock Holdings Raised by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG grew its stake in TopBuild Corp. (NYSE:BLD) by 861.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,160 shares of the construction company’s stock after purchasing an additional 6,415 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in TopBuild were worth $2,799,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. First Trust Advisors LP grew its stake in TopBuild by 13.0% in the third quarter. First Trust Advisors LP now owns 76,685 shares of the construction company’s stock worth $29,973,000 after purchasing an additional 8,850 shares in the last quarter. HUB Investment Partners LLC acquired a new stake in TopBuild during the third quarter valued at approximately $268,000. Crossmark Global Holdings Inc. raised its stake in TopBuild by 2.6% during the third quarter. Crossmark Global Holdings Inc. now owns 1,678 shares of the construction company’s stock valued at $656,000 after buying an additional 43 shares in the last quarter. Orion Porfolio Solutions LLC lifted its holdings in TopBuild by 2.3% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 5,111 shares of the construction company’s stock worth $1,998,000 after buying an additional 115 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in TopBuild by 0.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 496,055 shares of the construction company’s stock worth $193,891,000 after buying an additional 2,951 shares during the last quarter. Institutional investors own 95.67% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on BLD. Weiss Ratings downgraded TopBuild from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 27th. DA Davidson restated a “buy” rating and set a $485.00 price objective on shares of TopBuild in a research note on Wednesday, December 10th. Royal Bank Of Canada lifted their price objective on shares of TopBuild from $410.00 to $433.00 and gave the stock a “sector perform” rating in a report on Friday, February 27th. Jefferies Financial Group boosted their target price on shares of TopBuild from $518.00 to $536.00 and gave the company a “buy” rating in a research note on Monday, December 15th. Finally, Wells Fargo & Company dropped their target price on shares of TopBuild from $600.00 to $525.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $439.26.

TopBuild Stock Down 0.1%

NYSE:BLD opened at $387.01 on Tuesday. The company has a current ratio of 1.94, a quick ratio of 1.34 and a debt-to-equity ratio of 1.21. The stock has a 50 day moving average of $478.05 and a 200-day moving average of $443.77. The firm has a market capitalization of $10.89 billion, a PE ratio of 21.15, a price-to-earnings-growth ratio of 4.75 and a beta of 1.72. TopBuild Corp. has a 52 week low of $266.26 and a 52 week high of $559.47.

TopBuild (NYSE:BLD) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $4.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.39 by $0.11. The business had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.49 billion. TopBuild had a return on equity of 25.66% and a net margin of 9.65%.The business’s revenue was up 13.2% on a year-over-year basis. During the same quarter last year, the business posted $5.13 EPS. Analysts predict that TopBuild Corp. will post 20.97 EPS for the current year.

About TopBuild

TopBuild Corp. (NYSE: BLD) is a leading installer and distributor of insulation and building material products serving primarily the U.S. construction market. Headquartered in Daytona Beach, Florida, the company was formed in 2011 as a spin-off from ABF Freight System and has since grown through a combination of organic expansion and targeted acquisitions. TopBuild’s core mission is to enhance energy efficiency and comfort in new residential and light commercial construction projects by providing comprehensive insulation solutions and related services.

The company operates through two main segments.