TopBuild Corp (BLD) : Andalusian Capital Partners Lp reduced its stake in TopBuild Corp by 61.69% during the most recent quarter end. The investment management company now holds a total of 44,706 shares of TopBuild Corp which is valued at $1,512,404 after selling 71,986 shares in TopBuild Corp , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.TopBuild Corp makes up approximately 4.33% of Andalusian Capital Partners Lp’s portfolio.
Other Hedge Funds, Including , Bayesian Capital Management Lp added BLD to its portfolio by purchasing 10,360 company shares during the most recent quarter which is valued at $350,479. TopBuild Corp makes up approx 0.20% of Bayesian Capital Management Lp’s portfolio.Public Sector Pension Investment Board boosted its stake in BLD in the latest quarter, The investment management firm added 900 additional shares and now holds a total of 27,200 shares of TopBuild Corp which is valued at $920,176. TopBuild Corp makes up approx 0.01% of Public Sector Pension Investment Board’s portfolio. South Dakota Investment Council sold out all of its stake in BLD during the most recent quarter. The investment firm sold 4 shares of BLD which is valued $135.Dimensional Fund Advisors Lp boosted its stake in BLD in the latest quarter, The investment management firm added 457,922 additional shares and now holds a total of 1,282,926 shares of TopBuild Corp which is valued at $45,069,190. TopBuild Corp makes up approx 0.02% of Dimensional Fund Advisors Lp’s portfolio.Renaissance Investment Group reduced its stake in BLD by selling 300 shares or 0.54% in the most recent quarter. The Hedge Fund company now holds 55,482 shares of BLD which is valued at $2,108,871. TopBuild Corp makes up approx 1.01% of Renaissance Investment Group’s portfolio.
TopBuild Corp closed down -0.03 points or -0.09% at $33.93 with 1,81,235 shares getting traded on Monday. Post opening the session at $34.09, the shares hit an intraday low of $33.88 and an intraday high of $34.38 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, TopBuild Corp reported $0.43 EPS for the quarter, based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus estimate of $0.43. The company had revenue of $431.60 million for the quarter, compared to analysts expectations of $450.53 million. The company’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS.
TopBuild Corp. formerly Masco SpinCo Corp. is an installer and distributor of insulation products to construction industry. The Company operates through two segments: Installation and Distribution. Its segments serve three lines of business: residential new construction residential repair or remodel and commercial construction. Its Installation segment provides installation services across the United States through its TruTeam Contractor Services business. The Installation segment includes the sale and installation of insulation and other building products through its network of over 190 branches located across 43 states in the United States. The Company’s Distribution segment includes the distribution of insulation and other building products. The Distribution segment’s products include insulation insulation accessories rain gutters and roofing among others. The Company has over 72 distribution centers located in approximately 35 states.