EntryPoint Capital LLC Buys New Stake in TopBuild Corp. (NYSE:BLD)

EntryPoint Capital LLC purchased a new stake in TopBuild Corp. (NYSE:BLD) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 898 shares of the construction company’s stock, valued at approximately $280,000.

Other hedge funds also recently added to or reduced their stakes in the company. Winch Advisory Services LLC acquired a new stake in shares of TopBuild in the fourth quarter valued at about $26,000. Versant Capital Management Inc grew its position in TopBuild by 327.3% in the fourth quarter. Versant Capital Management Inc now owns 94 shares of the construction company’s stock valued at $29,000 after acquiring an additional 72 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of TopBuild during the third quarter valued at approximately $31,000. V Square Quantitative Management LLC lifted its position in shares of TopBuild by 55.3% during the fourth quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company’s stock worth $37,000 after purchasing an additional 42 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new position in shares of TopBuild in the third quarter valued at $45,000. 95.67% of the stock is owned by hedge funds and other institutional investors.

TopBuild Stock Performance

TopBuild stock opened at $311.34 on Friday. 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 12 month low of $288.31 and a 12 month high of $495.68. The company has a fifty day moving average price of $320.73 and a two-hundred day moving average price of $349.70. The company has a market cap of $9.11 billion, a PE ratio of 15.71, a P/E/G ratio of 1.82 and a beta of 1.89.

TopBuild (NYSE:BLD) last posted its quarterly earnings results on Tuesday, February 25th. The construction company reported $5.13 EPS for the quarter, beating the consensus estimate of $5.07 by $0.06. The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.31 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The company’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the previous year, the business posted $4.69 EPS. Research analysts expect that TopBuild Corp. will post 20.97 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. The Goldman Sachs Group dropped their price target on shares of TopBuild from $475.00 to $410.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Seaport Res Ptn cut TopBuild from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 13th. Loop Capital lowered 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. StockNews.com lowered TopBuild from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Finally, Evercore ISI downgraded shares of TopBuild from an “outperform” rating to an “inline” rating and decreased their price target for the stock from $443.00 to $381.00 in a research report on Monday, December 16th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $403.88.

About TopBuild

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.