TopBuild Corp. (NYSE:BLD)’s share price hit a new 52-week high on Monday . The stock traded as high as $38.20 and last traded at $37.79, with a volume of 164,634 shares. The stock had previously closed at $37.54.

Separately, Zacks Investment Research raised shares of TopBuild Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, May 4th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. TopBuild Corp. has an average rating of “Buy” and an average target price of $36.33.

The stock has a 50 day moving average of $36.24 and a 200-day moving average of $30.83. The stock has a market capitalization of $1.44 billion and a P/E ratio of 15.19.

TopBuild Corp. (NYSE:BLD) last released its quarterly earnings results on Wednesday, May 11th. The company reported $0.31 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.15. The firm had revenue of $414 million for the quarter, compared to analysts’ expectations of $386.23 million. TopBuild Corp.’s revenue for the quarter was up 15.5% compared to the same quarter last year. On average, equities research analysts predict that TopBuild Corp. will post $2.03 earnings per share for the current fiscal year.

Several institutional investors recently bought and sold shares of BLD. Dimensional Fund Advisors LP increased its position in TopBuild Corp. by 324.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 399,991 shares of the company’s stock valued at $12,308,000 after buying an additional 305,844 shares during the period. Principal Financial Group Inc. increased its position in TopBuild Corp. by 3.5% in the fourth quarter. Principal Financial Group Inc. now owns 257,605 shares of the company’s stock valued at $7,927,000 after buying an additional 8,716 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp increased its position in TopBuild Corp. by 36.4% in the fourth quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 63,120 shares of the company’s stock valued at $1,942,000 after buying an additional 16,850 shares during the period. New York State Common Retirement Fund increased its position in TopBuild Corp. by 15.7% in the fourth quarter. New York State Common Retirement Fund now owns 257,995 shares of the company’s stock valued at $7,939,000 after buying an additional 34,960 shares during the period. Finally, Rhumbline Advisers increased its position in TopBuild Corp. by 4.8% in the fourth quarter. Rhumbline Advisers now owns 41,668 shares of the company’s stock valued at $1,282,000 after buying an additional 1,891 shares during the period.

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). The Company’s Installation segment principally includes the sales and installation of insulation and other building products.

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