Tudor Investment Corp ET AL grew its holdings in shares of TopBuild Corp. (NYSE:BLD) by 7.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,273 shares of the construction company’s stock after buying an additional 923 shares during the period. Tudor Investment Corp ET AL’s holdings in TopBuild Corp. were worth $704,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. PNC Financial Services Group Inc. boosted its holdings in shares of TopBuild Corp. by 0.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,311 shares of the construction company’s stock valued at $250,000 after buying an additional 49 shares in the last quarter. UBS Group AG boosted its holdings in shares of TopBuild Corp. by 1.7% during the 1st quarter. UBS Group AG now owns 8,197 shares of the construction company’s stock valued at $386,000 after buying an additional 137 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of TopBuild Corp. by 0.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 29,231 shares of the construction company’s stock valued at $1,552,000 after buying an additional 200 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of TopBuild Corp. by 8.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 5,061 shares of the construction company’s stock valued at $239,000 after buying an additional 395 shares in the last quarter. Finally, SG Americas Securities LLC boosted its holdings in shares of TopBuild Corp. by 12.9% during the 1st quarter. SG Americas Securities LLC now owns 4,451 shares of the construction company’s stock valued at $209,000 after buying an additional 507 shares in the last quarter. Hedge funds and other institutional investors own 92.01% of the company’s stock.

In other TopBuild Corp. news, CEO Gerald Volas sold 44,356 shares of TopBuild Corp. stock in a transaction dated Friday, August 18th. The stock was sold at an average price of $56.81, for a total value of $2,519,864.36. Following the transaction, the chief executive officer now owns 149,201 shares in the company, valued at $8,476,108.81. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.30% of the stock is owned by insiders.

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TopBuild Corp. (BLD) opened at 64.94 on Friday. TopBuild Corp. has a 52 week low of $28.81 and a 52 week high of $67.27. The company has a market cap of $2.36 billion, a PE ratio of 36.00 and a beta of 0.64. The company has a 50-day moving average of $61.98 and a 200-day moving average of $61.98.

TopBuild Corp. (NYSE:BLD) last posted its earnings results on Tuesday, August 8th. The construction company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.09. TopBuild Corp. had a return on equity of 9.09% and a net margin of 3.73%. The company had revenue of $474.50 million for the quarter, compared to analyst estimates of $477.72 million. During the same quarter in the previous year, the firm earned $0.43 earnings per share. The firm’s quarterly revenue was up 9.9% compared to the same quarter last year. On average, equities analysts expect that TopBuild Corp. will post $2.80 EPS for the current year.

A number of brokerages have recently commented on BLD. SunTrust Banks, Inc. restated a “buy” rating and set a $75.00 target price on shares of TopBuild Corp. in a report on Wednesday. Zacks Investment Research upgraded shares of TopBuild Corp. from a “hold” rating to a “strong-buy” rating and set a $67.00 target price on the stock in a report on Thursday, August 10th. BidaskClub cut shares of TopBuild Corp. from a “strong-buy” rating to a “buy” rating in a report on Friday, August 25th. KeyCorp restated an “overweight” rating and set a $59.00 target price (up previously from $56.00) on shares of TopBuild Corp. in a report on Monday, June 26th. Finally, TheStreet upgraded shares of TopBuild Corp. from a “c” rating to a “b-” rating in a report on Friday, June 16th. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $58.00.

TopBuild Corp. Company Profile

TopBuild Corp. installs and distributes insulation products to the United States construction industry. The Company operates through two segments: Installation (TruTeam) and Distribution (Service Partners). Its Installation segment principally includes the sales and installation of insulation and other building products.

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Institutional Ownership by Quarter for TopBuild Corp. (NYSE:BLD)

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