Toll Brothers, Inc. (NYSE:TOL) Shares Acquired by Empowered Funds LLC

Empowered Funds LLC boosted its position in Toll Brothers, Inc. (NYSE:TOL) by 228.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 232,180 shares of the construction company’s stock after buying an additional 161,408 shares during the quarter. Toll Brothers accounts for approximately 0.4% of Empowered Funds LLC’s holdings, making the stock its 25th biggest holding. Empowered Funds LLC owned about 0.23% of Toll Brothers worth $29,243,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

A number of equities analysts have commented on TOL shares. Seaport Res Ptn upgraded shares of Toll Brothers from a “strong sell” rating to a “hold” rating in a report on Monday, January 27th. UBS Group cut their target price on shares of Toll Brothers from $192.00 to $185.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. 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. Bank of America cut their target price on shares of Toll Brothers from $165.00 to $156.00 and set a “buy” rating on the stock in a research note on Monday, January 27th. Finally, Royal Bank of Canada upped their target price on shares of Toll Brothers from $143.00 to $150.00 and gave the company an “outperform” rating in a research note on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Toll Brothers has an average rating of “Moderate Buy” and a consensus target price of $156.00.

Insiders Place Their Bets

In other news, Director Paul E. Shapiro sold 3,837 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $134.14, for a total value of $514,695.18. Following the completion of the sale, the director now directly owns 119,937 shares of the company’s stock, valued at approximately $16,088,349.18. This represents a 3.10 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Christine Garvey sold 204 shares of the company’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $125.78, for a total transaction of $25,659.12. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 15,202 shares of company stock worth $1,947,436. Insiders own 1.54% of the company’s stock.

Toll Brothers Price Performance

NYSE TOL opened at $124.32 on Friday. Toll Brothers, Inc. has a 52 week low of $98.54 and a 52 week high of $169.52. The company has a current ratio of 4.92, a quick ratio of 0.80 and a debt-to-equity ratio of 0.37. The stock has a market cap of $12.42 billion, a price-to-earnings ratio of 8.27, a price-to-earnings-growth ratio of 1.15 and a beta of 1.76. The company has a 50-day moving average price of $134.58 and a two-hundred day moving average price of $142.40.

Toll Brothers (NYSE:TOL) last posted its earnings results on Monday, December 9th. The construction company reported $4.63 EPS for the quarter, topping the consensus estimate of $4.34 by $0.29. Toll Brothers had a net margin of 14.48% and a return on equity of 19.64%. The firm had revenue of $3.33 billion during the quarter, compared to analysts’ expectations of $3.17 billion. During the same quarter in the prior year, the firm earned $4.11 EPS. Toll Brothers’s quarterly revenue was up 10.4% on a year-over-year basis. Analysts forecast that Toll Brothers, Inc. will post 14.15 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 given a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 0.74%. The ex-dividend date of this dividend was Friday, January 10th. Toll Brothers’s dividend payout ratio (DPR) is 6.12%.

About Toll Brothers

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.