Mirabella Financial Services LLP Purchases 3,544 Shares of TopBuild Corp. $BLD

Mirabella Financial Services LLP raised its position in TopBuild Corp. (NYSE:BLD) by 160.9% during the third quarter, Holdings Channel reports. The firm owned 5,747 shares of the construction company’s stock after purchasing an additional 3,544 shares during the period. Mirabella Financial Services LLP’s holdings in TopBuild were worth $2,242,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. MAI Capital Management increased its position in shares of TopBuild by 28.3% during the second quarter. MAI Capital Management now owns 118 shares of the construction company’s stock worth $38,000 after buying an additional 26 shares during the period. CWM LLC lifted its holdings in TopBuild by 6.6% in the third quarter. CWM LLC now owns 419 shares of the construction company’s stock valued at $164,000 after buying an additional 26 shares during the period. Xponance Inc. boosted its position in TopBuild by 0.8% during the third quarter. Xponance Inc. now owns 3,508 shares of the construction company’s stock valued at $1,371,000 after acquiring an additional 27 shares during the last quarter. Laird Norton Wetherby Wealth Management LLC boosted its position in TopBuild by 3.3% during the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 844 shares of the construction company’s stock valued at $330,000 after acquiring an additional 27 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC grew its holdings in TopBuild by 0.8% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 3,724 shares of the construction company’s stock worth $1,457,000 after acquiring an additional 31 shares during the period. 95.67% of the stock is owned by institutional investors.

TopBuild Stock Performance

Shares of BLD opened at $356.74 on Thursday. TopBuild Corp. has a one year low of $266.26 and a one year high of $559.47. The company has a market cap of $10.04 billion, a PE ratio of 19.49, a P/E/G ratio of 4.52 and a beta of 1.72. The stock has a 50-day moving average of $469.84 and a 200-day moving average of $440.88. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.94 and a quick ratio of 1.34.

TopBuild (NYSE:BLD) last posted its quarterly earnings results on Thursday, February 26th. The construction company reported $4.50 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same period in the prior year, the business earned $5.13 EPS. On average, equities research analysts predict that TopBuild Corp. will post 20.97 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Royal Bank Of Canada lifted their price objective on TopBuild from $410.00 to $433.00 and gave the stock a “sector perform” rating in a research report on Friday, February 27th. DA Davidson decreased their target price on TopBuild from $485.00 to $465.00 and set a “buy” rating for the company in a research note on Wednesday. Weiss Ratings downgraded TopBuild from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 27th. Benchmark cut their price target on TopBuild from $515.00 to $500.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Finally, Wells Fargo & Company reduced their price objective on shares of TopBuild from $600.00 to $525.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $437.93.

TopBuild Company Profile

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.