16,033 Shares in TopBuild Corp. (NYSE:BLD) Acquired by Regents Gate Capital LLP

Regents Gate Capital LLP bought a new stake in shares of TopBuild Corp. (NYSE:BLD) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 16,033 shares of the construction company’s stock, valued at approximately $4,992,000. TopBuild comprises about 2.0% of Regents Gate Capital LLP’s holdings, making the stock its 20th biggest position. Regents Gate Capital LLP owned about 0.05% of TopBuild at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Vaughan Nelson Investment Management L.P. acquired a new position in TopBuild in the 3rd quarter valued at about $114,220,000. FMR LLC raised its position in shares of TopBuild by 9.7% in the third quarter. FMR LLC now owns 1,830,493 shares of the construction company’s stock valued at $744,663,000 after buying an additional 161,743 shares during the last quarter. Jennison Associates LLC lifted its stake in shares of TopBuild by 2,833.6% during the third quarter. Jennison Associates LLC now owns 114,030 shares of the construction company’s stock valued at $46,389,000 after buying an additional 110,143 shares during the period. Natixis Advisors LLC acquired a new stake in TopBuild during the third quarter worth approximately $41,981,000. Finally, E. Ohman J or Asset Management AB purchased a new stake in TopBuild in the 4th quarter worth approximately $23,906,000. Hedge funds and other institutional investors own 95.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on BLD. DA Davidson reduced their price target on TopBuild from $460.00 to $450.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. Seaport Res Ptn downgraded TopBuild from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. The Goldman Sachs Group lowered their price target on TopBuild from $475.00 to $410.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. StockNews.com upgraded shares of TopBuild from a “hold” rating to a “buy” rating in a report on Tuesday, October 29th. Finally, Evercore ISI downgraded shares of TopBuild from an “outperform” rating to an “inline” rating and lowered their target price for the company from $443.00 to $381.00 in a report on Monday, December 16th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $437.00.

TopBuild Trading Down 3.7 %

NYSE BLD opened at $326.92 on Monday. The firm has a market capitalization of $9.64 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 2.03 and a beta of 1.85. 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 Corp. has a one year low of $302.70 and a one year high of $495.68. The company’s 50 day moving average price is $337.91 and its 200 day moving average price is $370.63.

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.