<div id="readability-page-1"><p>Installed Building Products, Inc. (NYSE:IBP - Get Free Report) Director Michael Thomas sold 2,001 shares of Installed Building Products stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $268.28, for a total value of $536,828.28. Following the completion of the transaction, the director directly owned 8,373 shares of the company's stock, valued at approximately $2,246,308.44. This represents a 19.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through this link.</p><h2>Installed Building Products Stock Down 0.7%</h2><ul><li>Top 3 Homebuilder Stocks to Watch as Rates Drop</li></ul><p>IBP stock traded down $1.94 during trading on Monday, hitting $266.08. 322,975 shares of the stock traded hands, compared to its average volume of 423,299. The stock has a market cap of $7.22 billion, a price-to-earnings ratio of 29.60 and a beta of 1.81. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.85 and a quick ratio of 2.31. Installed Building Products, Inc. has a 1 year low of $150.83 and a 1 year high of $280.00. The firm's 50 day moving average is $253.81 and its two-hundred day moving average is $225.84. </p><p>Installed Building Products (NYSE:IBP - Get Free Report) last issued its earnings results on Wednesday, November 5th. The construction company reported $3.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.69 by $0.49. Installed Building Products had a net margin of 8.45% and a return on equity of 60.27%. The business had revenue of $778.20 million during the quarter, compared to analysts' expectations of $751.98 million. During the same period in the previous year, the company earned $2.85 earnings per share. The business's revenue for the quarter was up 2.3% compared to the same quarter last year.  On average, sell-side analysts anticipate that  Installed Building Products, Inc. will post 10.66 EPS for the current year. </p><h2>Installed Building Products Announces Dividend</h2><ul><li>3 Midcap Building Industry Stocks Constructing Good Price Action</li></ul><p>The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be issued a $0.37 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 0.6%. Installed Building Products's dividend payout ratio (DPR) is presently 15.93%. </p><h2>Institutional Inflows and Outflows</h2><p>Large investors have recently added to or reduced their stakes in the business. Eminence Capital LP bought a new position in shares of  Installed Building Products during the first quarter worth $109,114,000.  Timucuan Asset Management Inc. FL purchased a new stake in  Installed Building Products in the 1st quarter worth $85,786,000.  TD Asset Management Inc boosted its holdings in shares of  Installed Building Products by 2,169.2% during the 3rd quarter. TD Asset Management Inc now owns 271,938 shares of the construction company's stock valued at $67,076,000 after purchasing an additional 259,954 shares during the last quarter.  UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of  Installed Building Products by 190.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 302,292 shares of the construction company's stock valued at $51,831,000 after purchasing an additional 198,391 shares in the last quarter.  Finally, Livforsakringsbolaget Skandia Omsesidigt increased its holdings in shares of  Installed Building Products by 1,897.8% in the second quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 177,800 shares of the construction company's stock worth $32,061,000 after purchasing an additional 168,900 shares during the last quarter. 99.61% of the stock is owned by hedge funds and other institutional investors. </p><h2>Analyst Ratings Changes</h2><p>Several equities research analysts recently commented on the company. Danske cut Installed Building Products from a &#34;buy&#34; rating to a &#34;hold&#34; rating and set a $252.00 price objective on the stock. in a research report on Tuesday, August 12th. Weiss Ratings  reaffirmed a &#34;hold (c+)&#34; rating on shares of Installed Building Products in a report on Wednesday, October 8th. Loop Capital cut shares of Installed Building Products from a &#34;buy&#34; rating to a &#34;hold&#34; rating and set a $255.00 price objective for the company. in a report on Friday, August 8th. DA Davidson downgraded shares of Installed Building Products from a &#34;buy&#34; rating to a &#34;hold&#34; rating and increased their price objective for the company from $225.00 to $252.00 in a research report on Tuesday, August 12th. Finally, Zelman &amp; Associates raised shares of Installed Building Products from an &#34;underperform&#34; rating to a &#34;neutral&#34; rating in a research report on Friday, August 8th. Two research analysts have rated the stock with a Buy rating, eleven have issued  a Hold rating and three have assigned  a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of &#34;Reduce&#34; and an average price target of $222.80.</p><p><b>Read Our Latest Report on Installed Building Products</b></p><h2>Installed Building Products Company Profile</h2> (Get Free Report)<p>Installed Building Products, Inc, together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the United States. It operates through Installation, Distribution, and Manufacturing operation segments.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Installed Building Products</li><li>What is a Special Dividend?</li><li>Congress Beat the Market Again—Here Are the 3 Stocks They Bought</li><li>What is the S&amp;P 500 and How It is Distinct from Other Indexes</li><li>Go on a Shopping Spree With 3 Top Retail ETFs</li><li>What is a Microcap Stock? Everything You Need to Know </li><li>If D-Wave Is Too Risky, Consider These 3 Quantum ETFs for Diversification</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Installed Building Products Right Now?</h2><p>Before you consider Installed Building Products, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Installed Building Products wasn't on the list.</p><p>While Installed Building Products currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Installed Building Products (NYSE:IBP) Director Michael Thomas sold 2,001 shares at $268.28 each, totaling $536,828.28. Post-sale, he owns 8,373 shares, a 19.29% decrease. The transaction was disclosed in an SEC filing. IBP's stock fell 0.7% to $266.08. The company reported strong Q3 earnings with $3.18 EPS and $778.20 million revenue. A $0.37 quarterly dividend was announced, payable on December 31st. Several institutional investors have adjusted their stakes in IBP. Analysts have mixed ratings on the stock.</p>

Installed Building Products (NYSE:IBP) Director Michael Thomas Sells 2,001 Shares