Trust Co. of Vermont Grows Stake in TopBuild Corp. (NYSE:BLD)

Trust Co. of Vermont grew its holdings in shares of TopBuild Corp. (NYSE:BLD) by 21.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 307 shares of the construction company’s stock after buying an additional 55 shares during the period. Trust Co. of Vermont’s holdings in TopBuild were worth $96,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BLD. Winch Advisory Services LLC bought a new stake in TopBuild in the fourth quarter valued at $26,000. Versant Capital Management Inc boosted its stake in shares of TopBuild by 327.3% during the 4th quarter. Versant Capital Management Inc now owns 94 shares of the construction company’s stock valued at $29,000 after purchasing an additional 72 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of TopBuild during the third quarter valued at about $31,000. Kennebec Savings Bank bought a new position in TopBuild in the third quarter worth about $45,000. Finally, Quantbot Technologies LP purchased a new stake in TopBuild in the third quarter worth about $45,000. Institutional investors own 95.67% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on BLD shares. Seaport Res Ptn downgraded TopBuild from a “strong-buy” rating to a “hold” rating in a report on Friday, December 13th. The Goldman Sachs Group reduced their price target on TopBuild from $475.00 to $410.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. StockNews.com raised TopBuild from a “hold” rating to a “buy” rating in a research report on Tuesday, October 29th. DA Davidson reduced their target price on shares of TopBuild from $460.00 to $450.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. Finally, Jefferies Financial Group lowered their price target on shares of TopBuild from $525.00 to $515.00 and set a “buy” rating for the company in a research report on Wednesday, October 9th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $437.00.

TopBuild Stock Up 0.2 %

Shares of TopBuild stock opened at $346.72 on Monday. The company has a 50-day simple moving average of $345.83 and a two-hundred day simple moving average of $379.09. The stock has a market capitalization of $10.23 billion, a PE ratio of 17.49, a price-to-earnings-growth ratio of 1.84 and a beta of 1.84. TopBuild Corp. has a 52-week low of $302.70 and a 52-week 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.

TopBuild (NYSE:BLD) last released its quarterly earnings data on Tuesday, November 5th. The construction company reported $5.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.62 by $0.06. The business had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.39 billion. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The firm’s quarterly revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the firm posted $5.43 EPS. On average, analysts anticipate that TopBuild Corp. will post 20.95 EPS 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.