Toll Brothers, Inc. (NYSE:TOL) Receives Average Rating of “Moderate Buy” from Analysts

Toll Brothers, Inc. (NYSE:TOL) has received a consensus rating of “Moderate Buy” from the fifteen ratings firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, eight have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $156.00.

Several research analysts recently issued reports on TOL shares. Keefe, Bruyette & Woods cut shares of Toll Brothers from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from $168.00 to $164.00 in a report on Tuesday, December 10th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $150.00 target price (down previously from $166.00) on shares of Toll Brothers in a research note on Friday, December 13th. Seaport Res Ptn upgraded Toll Brothers from a “strong sell” rating to a “hold” rating in a research report on Monday. Wedbush restated an “outperform” rating and issued a $175.00 price objective on shares of Toll Brothers in a research report on Wednesday, December 11th. Finally, Bank of America cut their target price on shares of Toll Brothers from $165.00 to $156.00 and set a “buy” rating for the company in a report on Monday.

Toll Brothers Stock Performance

Shares of TOL opened at $135.78 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.80 and a current ratio of 4.92. The stock has a 50-day moving average of $138.97 and a two-hundred day moving average of $142.37. The stock has a market cap of $13.58 billion, a P/E ratio of 9.03, a P/E/G ratio of 1.04 and a beta of 1.74. Toll Brothers has a one year low of $97.45 and a one year high of $169.52.

Toll Brothers (NYSE:TOL) last issued its earnings results on Monday, December 9th. The construction company reported $4.63 EPS for the quarter, beating analysts’ consensus estimates of $4.34 by $0.29. Toll Brothers had a return on equity of 19.64% and a net margin of 14.48%. The firm had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.17 billion. During the same quarter in the prior year, the firm earned $4.11 earnings per share. Toll Brothers’s revenue for the quarter was up 10.4% on a year-over-year basis. As a group, research analysts predict that Toll Brothers will post 14.25 EPS for the current year.

Toll Brothers Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 10th were issued a dividend of $0.23 per share. The ex-dividend date was Friday, January 10th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.68%. Toll Brothers’s payout ratio is currently 6.12%.

Insider Activity

In other news, Director Paul E. Shapiro sold 3,837 shares of the firm’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $134.14, for a total value of $514,695.18. Following the transaction, the director now directly owns 119,937 shares of the company’s stock, valued at approximately $16,088,349.18. This trade represents a 3.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Christine Garvey sold 204 shares of the company’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $125.78, for a total transaction of $25,659.12. Following the sale, the director now directly owns 7,728 shares of the company’s stock, valued at approximately $972,027.84. This represents a 2.57 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,202 shares of company stock worth $1,947,436 over the last quarter. 1.54% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Toll Brothers

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. ORG Partners LLC purchased a new position in shares of Toll Brothers during the 4th quarter worth $25,000. Capital Performance Advisors LLP acquired a new stake in Toll Brothers during the third quarter worth about $27,000. Brooklyn Investment Group purchased a new position in Toll Brothers during the third quarter worth about $27,000. Larson Financial Group LLC boosted its holdings in Toll Brothers by 57.9% in the 3rd quarter. Larson Financial Group LLC now owns 180 shares of the construction company’s stock valued at $28,000 after purchasing an additional 66 shares during the last quarter. Finally, DiNuzzo Private Wealth Inc. grew its stake in shares of Toll Brothers by 806.5% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 281 shares of the construction company’s stock valued at $35,000 after buying an additional 250 shares during the period. Institutional investors and hedge funds own 91.76% of the company’s stock.

Toll Brothers Company Profile

Toll Brothers, Inc, together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States. It designs, builds, markets, and sells condominiums through Toll Brothers City Living. The company also develops a range of single-story living and first-floor primary bedroom suite home designs, as well as communities with recreational amenities, such as golf courses, marinas, pool complexes, country clubs, and fitness and recreation centers; and develops, operates, and rents apartments.