Deutsche Bank AG cut its position in shares of TopBuild Corp (NYSE:BLD) by 37.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 148,660 shares of the construction company’s stock after selling 89,083 shares during the quarter. Deutsche Bank AG owned approximately 0.43% of TopBuild worth $6,687,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. American Century Companies Inc. increased its holdings in shares of TopBuild by 111.2% in the 4th quarter. American Century Companies Inc. now owns 152,985 shares of the construction company’s stock worth $6,884,000 after buying an additional 80,547 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of TopBuild by 7.0% in the 4th quarter. Geode Capital Management LLC now owns 370,497 shares of the construction company’s stock worth $16,672,000 after buying an additional 24,140 shares during the last quarter. Norges Bank bought a new position in shares of TopBuild in the 4th quarter worth $20,513,000. Aurora Investment Counsel increased its holdings in shares of TopBuild by 14.3% in the 4th quarter. Aurora Investment Counsel now owns 22,580 shares of the construction company’s stock worth $1,016,000 after buying an additional 2,830 shares during the last quarter. Finally, Nordea Investment Management AB increased its holdings in shares of TopBuild by 15.1% in the 4th quarter. Nordea Investment Management AB now owns 84,228 shares of the construction company’s stock worth $3,791,000 after buying an additional 11,054 shares during the last quarter. Institutional investors and hedge funds own 94.96% of the company’s stock.

In other news, VP John S. Peterson sold 10,930 shares of the company’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $60.36, for a total value of $659,734.80. Following the completion of the sale, the vice president now owns 45,126 shares of the company’s stock, valued at approximately $2,723,805.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Robert M. Buck sold 14,677 shares of the company’s stock in a transaction on Thursday, February 28th. The shares were sold at an average price of $58.66, for a total transaction of $860,952.82. Following the completion of the sale, the chief operating officer now directly owns 60,142 shares of the company’s stock, valued at approximately $3,527,929.72. The disclosure for this sale can be found here. 2.30% of the stock is currently owned by corporate insiders.

A number of equities analysts have recently commented on the stock. Zelman & Associates lowered shares of TopBuild from a “buy” rating to a “hold” rating in a report on Tuesday, March 19th. ValuEngine raised shares of TopBuild from a “sell” rating to a “hold” rating in a report on Thursday, March 7th. Zacks Investment Research raised shares of TopBuild from a “sell” rating to a “hold” rating in a report on Monday, March 4th. Macquarie raised shares of TopBuild from a “neutral” rating to an “outperform” rating in a report on Thursday, March 7th. Finally, Buckingham Research assumed coverage on shares of TopBuild in a report on Monday, February 25th. They issued a “buy” rating and a $69.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $78.91.

Shares of TopBuild stock opened at $73.71 on Monday. TopBuild Corp has a 52-week low of $41.27 and a 52-week high of $87.21. The firm has a market capitalization of $2.55 billion, a PE ratio of 17.59, a price-to-earnings-growth ratio of 0.65 and a beta of 1.08. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.59 and a quick ratio of 1.21.

TopBuild (NYSE:BLD) last announced its quarterly earnings data on Tuesday, February 26th. The construction company reported $1.20 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.19 by $0.01. TopBuild had a net margin of 5.65% and a return on equity of 14.12%. The company had revenue of $639.55 million during the quarter, compared to analysts’ expectations of $647.95 million. During the same quarter in the prior year, the company earned $0.84 EPS. The firm’s revenue was up 27.6% on a year-over-year basis. As a group, equities research analysts forecast that TopBuild Corp will post 4.53 EPS for the current year.

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TopBuild Company Profile

TopBuild Corp. engages in the installation, distribution, and sale of insulation and other building products to the United States construction industry. The company operates in two segments, Installation and Distribution. It offers rain gutters, garage doors, fireplaces, fireproofing and firestopping products, shower enclosures, closet shelves, accessories, and other building products; and residential insulation services.

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Institutional Ownership by Quarter for TopBuild (NYSE:BLD)

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