Capital International Sarl Invests $757,000 in TopBuild Corp. $BLD

Capital International Sarl bought a new position in shares of TopBuild Corp. (NYSE:BLD) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 1,814 shares of the construction company’s stock, valued at approximately $757,000.

Several other large investors also recently modified their holdings of the stock. Capital International Inc. CA grew its holdings in shares of TopBuild by 41.5% during the 4th quarter. Capital International Inc. CA now owns 1,725 shares of the construction company’s stock worth $720,000 after purchasing an additional 506 shares in the last quarter. Capital International Investors grew its holdings in shares of TopBuild by 71.1% during the 4th quarter. Capital International Investors now owns 1,518,093 shares of the construction company’s stock worth $633,346,000 after purchasing an additional 630,857 shares in the last quarter. Cookson Peirce & Co. Inc. grew its holdings in shares of TopBuild by 2.1% during the 4th quarter. Cookson Peirce & Co. Inc. now owns 24,927 shares of the construction company’s stock worth $10,399,000 after purchasing an additional 510 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of TopBuild by 50.0% during the 4th quarter. Parallel Advisors LLC now owns 75 shares of the construction company’s stock worth $31,000 after purchasing an additional 25 shares in the last quarter. Finally, Westfield Capital Management Co. LP grew its holdings in shares of TopBuild by 13.5% during the 4th quarter. Westfield Capital Management Co. LP now owns 255,451 shares of the construction company’s stock worth $106,572,000 after purchasing an additional 30,422 shares in the last quarter. 95.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on BLD. Weiss Ratings lowered TopBuild from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 27th. Benchmark reduced their price objective on TopBuild from $515.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Loop Capital lowered TopBuild from a “buy” rating to a “hold” rating and set a $485.00 price objective on the stock. in a research note on Wednesday, May 6th. DA Davidson reaffirmed a “neutral” rating and issued a $437.00 price objective (down from $465.00) on shares of TopBuild in a research note on Wednesday, May 6th. Finally, UBS Group set a $440.00 price objective on TopBuild in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $466.77.

TopBuild Stock Performance

NYSE:BLD opened at $398.89 on Tuesday. The stock’s 50-day simple moving average is $408.31 and its 200 day simple moving average is $433.78. The firm has a market capitalization of $11.18 billion, a PE ratio of 22.41, a price-to-earnings-growth ratio of 5.42 and a beta of 1.80. The company has a quick ratio of 1.41, a current ratio of 2.00 and a debt-to-equity ratio of 1.16. TopBuild Corp. has a twelve month low of $293.14 and a twelve month high of $559.47.

TopBuild (NYSE:BLD) last released its quarterly earnings data on Tuesday, May 5th. The construction company reported $3.75 earnings per share for the quarter, beating the consensus estimate of $3.64 by $0.11. TopBuild had a return on equity of 23.53% and a net margin of 8.95%.The business had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same period last year, the firm posted $4.63 earnings per share. TopBuild’s revenue was up 17.2% compared to the same quarter last year. On average, analysts anticipate that TopBuild Corp. will post 18.16 EPS for the current fiscal 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.