The Manufacturers Life Insurance Company decreased its holdings in TopBuild Corp. (NYSE: BLD) during the third quarter by 4.4%, as stated in the most recent 13F filing that the company has submitted with the Securities and Exchange Commission.
Despite having previously sold 1,199 shares, the corporation ended the period with 26,275 shares of the building company’s equity, despite having sold some of those shares earlier.
Mhe most recent statement filed with the Securities and Exchange Commission revealed that the Manufacturers Life Insurance Company owned a holding in TopBuild worth $4,330,000 and represented 0.08% of the company.
Mhis information was derived from filing the most recent statement with the SEC.
Recent transactions involving the holdings of the company’s stock by several additional institutional investors include these transactions. First Horizon Advisors Inc.
Increased the amount of TopBuild stock held by 394.4 percent over the second quarter. First Horizon Advisors Inc.
Increased the number of shares of the construction company’s stock held by 142 during the most recent quarter, bringing the total number of shares it owns to 178.
As a result, the total market value of the holdings owned by the company is now $29,000.
Mhe Householder Group Estate & Retirement Specialist LLC invested approximately $29,000 in TopBuild during the third quarter to acquire a new investment in the company.
During the second quarter, Venture Visionary Partners LLC increased the value of its portfolio by purchasing additional TopBuild shares valued at over $30,000.
Ellevest Inc.
Increased its stake in TopBuild to 100 percent during the third quarter by investing approximately $37,000.
And finally, during the first three months of this year, Covestor Ltd.
Increased the amount of TopBuild stock that it held by 118.0%, bringing its total holdings to a higher percentage than before.
As a result of the acquisition of 151 additional shares during the most recent quarter, Covestor Ltd. now owns 279 shares of the construction company’s stock, which have a value of $51,000.
Mhese shares were acquired during the most recent quarter. Hedge funds and other types of institutional investors own a total of 95.56% of the company’s shares.
On Wednesday morning, the opening price of BLD on the New York Stock Exchange was $200.06 per share.
During the past year, TopBuild Corp.
Experienced an all-time low of $140.66 and an all-time high of $243.30.
Mhe debt-to-equity ratio comes in at 0.78, the current ratio comes in at 1.84, and the quick ratio comes in at 1.27.
Mhe fifty-day simple moving average for the company is $166.93, and the 200-day simple moving average for the company is $172.80.
Mhe company currently has a PE ratio of 13.33, a market capitalization of $6.40 billion, and a beta value of 1.42.
On November 1st, the most recent earnings report for TopBuild, traded on the NYSE under the symbol BLD, was made public.
Mhe construction company’s earnings per share (EPS) came in at $4.80 for the quarter, which was $0.71 more than the consensus estimate of analysts, who had predicted that the company would earn $4.09.
Mhe return on equity for TopBuild came in at 29.99%, while the net margin for the company was 10.20%.
It was forecast that the company would bring in $1.21 billion in revenue for the quarter, but it brought in $1.30 billion, a significant increase from the forecasted amount. Sell-side analysts anticipate that TopBuild Corp. will generate 16.75 cents per share during the fiscal year.
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