Savant Capital LLC boosted its stake in Toll Brothers, Inc. (NYSE:TOL – Free Report) by 3.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,841 shares of the construction company’s stock after purchasing an additional 597 shares during the quarter. Savant Capital LLC’s holdings in Toll Brothers were worth $2,121,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. ORG Partners LLC acquired a new stake in shares of Toll Brothers in the 4th quarter valued at about $25,000. Capital Performance Advisors LLP bought a new position in Toll Brothers in the third quarter worth approximately $27,000. Brooklyn Investment Group acquired a new stake in Toll Brothers in the third quarter valued at approximately $27,000. Larson Financial Group LLC increased its holdings in shares of Toll Brothers by 57.9% during the third quarter. Larson Financial Group LLC now owns 180 shares of the construction company’s stock valued at $28,000 after acquiring an additional 66 shares in the last quarter. Finally, DiNuzzo Private Wealth Inc. raised its position in shares of Toll Brothers by 806.5% during the fourth quarter. DiNuzzo Private Wealth Inc. now owns 281 shares of the construction company’s stock worth $35,000 after purchasing an additional 250 shares during the period. 91.76% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms recently issued reports on TOL. Royal Bank of Canada lifted their price target on shares of Toll Brothers from $143.00 to $150.00 and gave the company an “outperform” rating in a research report on Wednesday, December 11th. Keefe, Bruyette & Woods cut shares of Toll Brothers from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from $168.00 to $164.00 in a report on Tuesday, December 10th. Bank of America decreased their target price on shares of Toll Brothers from $165.00 to $156.00 and set a “buy” rating for the company in a research report on Monday, January 27th. Oppenheimer reiterated an “outperform” rating and set a $189.00 price target on shares of Toll Brothers in a research note on Thursday, December 12th. Finally, Seaport Res Ptn raised Toll Brothers from a “strong sell” rating to a “hold” rating in a report on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $156.00.
Toll Brothers Price Performance
Shares of NYSE:TOL opened at $122.58 on Thursday. The company has a market capitalization of $12.24 billion, a P/E ratio of 8.16, a price-to-earnings-growth ratio of 1.15 and a beta of 1.76. The company’s 50-day moving average is $133.06 and its 200 day moving average is $142.38. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.80 and a current ratio of 4.92. Toll Brothers, Inc. has a fifty-two week low of $98.54 and a fifty-two week high of $169.52.
Toll Brothers (NYSE:TOL – Get Free Report) last released its earnings results on Monday, December 9th. The construction company reported $4.63 earnings per share for the quarter, beating analysts’ consensus estimates of $4.34 by $0.29. The firm had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.17 billion. Toll Brothers had a net margin of 14.48% and a return on equity of 19.64%. The company’s revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.11 EPS. On average, equities research analysts forecast that Toll Brothers, Inc. will post 14.15 earnings per share for the current year.
Toll Brothers Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 10th were paid a $0.23 dividend. The ex-dividend date was Friday, January 10th. This represents a $0.92 annualized dividend and a dividend yield of 0.75%. Toll Brothers’s payout ratio is presently 6.12%.
Insider Activity
In related 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 transaction of $514,695.18. Following the sale, the director now directly owns 119,937 shares in the company, valued at approximately $16,088,349.18. This represents a 3.10 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Christine Garvey sold 204 shares of the firm’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 transaction, the director now directly owns 7,728 shares of the company’s stock, valued at approximately $972,027.84. This trade represents a 2.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,202 shares of company stock valued at $1,947,436 in the last 90 days. Insiders own 1.54% of the company’s stock.
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.
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