TopBuild Corp (BLD) Shares Bought by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH raised its holdings in TopBuild Corp (NYSE:BLD) by 109.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 610,368 shares of the construction company’s stock after acquiring an additional 319,342 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in TopBuild were worth $27,467,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. ETF Managers Group LLC raised its stake in TopBuild by 15.7% in the fourth quarter. ETF Managers Group LLC now owns 1,702 shares of the construction company’s stock valued at $77,000 after buying an additional 231 shares during the last quarter. Bank of Montreal Can raised its stake in shares of TopBuild by 10.7% in the fourth quarter. Bank of Montreal Can now owns 3,871 shares of the construction company’s stock worth $175,000 after purchasing an additional 374 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of TopBuild by 19.1% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,539 shares of the construction company’s stock worth $114,000 after purchasing an additional 408 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in shares of TopBuild by 2.3% in the fourth quarter. Nisa Investment Advisors LLC now owns 26,720 shares of the construction company’s stock worth $1,202,000 after purchasing an additional 600 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its stake in shares of TopBuild by 86.3% in the fourth quarter. Advisors Asset Management Inc. now owns 1,567 shares of the construction company’s stock worth $71,000 after purchasing an additional 726 shares during the last quarter. Institutional investors own 94.65% of the company’s stock.

Shares of BLD stock opened at $52.84 on Monday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.59 and a quick ratio of 1.22. The company has a market cap of $1.87 billion, a P/E ratio of 19.01, a P/E/G ratio of 0.48 and a beta of 1.04. TopBuild Corp has a twelve month low of $41.27 and a twelve month high of $87.21.

Several research analysts have recently issued reports on the company. Zacks Investment Research cut TopBuild from a “hold” rating to a “sell” rating in a research note on Monday, February 4th. SunTrust Banks reduced their price objective on TopBuild to $70.00 and set a “buy” rating for the company in a research note on Wednesday, November 7th. KeyCorp set a $67.00 price objective on TopBuild and gave the stock a “buy” rating in a research note on Monday, November 12th. Stephens cut TopBuild from an “overweight” rating to an “equal” rating and set a $52.00 price objective for the company. in a research note on Thursday, October 18th. Finally, Nomura set a $66.00 price objective on TopBuild and gave the stock a “buy” rating in a research note on Monday, December 17th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the stock. TopBuild has a consensus rating of “Hold” and an average target price of $79.90.

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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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