Andalusian Capital Partners Lp adds TopBuild Corp (BLD) to its portfolio

TopBuild Corp (BLD) : Andalusian Capital Partners Lp added new position in TopBuild Corp during the most recent quarter end. The investment management firm now holds 116,692 shares of TopBuild Corp which is valued at $4 Million , the company said in a statement filed on May 13, 2016 with the SEC.TopBuild Corp makes up approximately 6.43% of Andalusian Capital Partners Lp’s portfolio.

Other Hedge Funds, Including , Checchi Capital Advisers added BLD to its portfolio by purchasing 387 company shares during the most recent quarter which is valued at $12,918.

TopBuild Corp closed down -0.66 points or -1.83% at $35.41 with 4,69,884 shares getting traded on Wednesday. Post opening the session at $36.28, the shares hit an intraday low of $35.29 and an intraday high of $36.39 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, TopBuild Corp reported $0.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.16 according to the earnings call on May 11, 2016. Analyst had a consensus of $0.15. The company had revenue of $414.00 million for the quarter, compared to analysts expectations of $387.91 million. The company’s revenue was up 15.5% compared to the same quarter last year.

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.

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