Toll Brothers, Inc. (NYSE:TOL) Position Trimmed by Opinicus Capital Inc.

Opinicus Capital Inc. decreased its holdings in shares of Toll Brothers, Inc. (NYSE:TOL) by 4.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,818 shares of the construction company’s stock after selling 536 shares during the quarter. Toll Brothers accounts for approximately 1.4% of Opinicus Capital Inc.’s holdings, making the stock its 20th biggest position. Opinicus Capital Inc.’s holdings in Toll Brothers were worth $1,614,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TOL. ORG Partners LLC bought a new stake in Toll Brothers during the fourth quarter worth about $25,000. Capital Performance Advisors LLP acquired a new position in shares of Toll Brothers in the 3rd quarter valued at $27,000. Brooklyn Investment Group acquired a new stake in Toll Brothers during the 3rd quarter worth approximately $27,000. Larson Financial Group LLC boosted its position 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 worth $28,000 after buying an additional 66 shares during the period. Finally, DiNuzzo Private Wealth Inc. increased its stake in 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 last quarter. Hedge funds and other institutional investors own 91.76% of the company’s stock.

Insider Activity

In other Toll Brothers news, Director Paul E. Shapiro sold 3,837 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $134.14, for a total value of $514,695.18. Following the sale, the director now owns 119,937 shares of the company’s stock, valued at $16,088,349.18. The trade was a 3.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Christine Garvey sold 204 shares of the business’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $125.78, for a total transaction of $25,659.12. Following the sale, the director now owns 7,728 shares in the company, valued at $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 sold a total of 15,202 shares of company stock valued at $1,947,436 in the last 90 days. Company insiders own 1.54% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Seaport Res Ptn upgraded Toll Brothers from a “strong sell” rating to a “hold” rating in a research note on Monday, January 27th. Evercore ISI increased their price target on Toll Brothers from $181.00 to $184.00 and gave the company an “outperform” rating in a research note on Wednesday, December 11th. Wedbush restated an “outperform” rating and set a $175.00 price objective on shares of Toll Brothers in a research report on Wednesday, December 11th. Barclays reduced their price objective on shares of Toll Brothers from $135.00 to $115.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $189.00 price objective on shares of Toll Brothers in a research note on Thursday, December 12th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Toll Brothers presently has a consensus rating of “Moderate Buy” and a consensus target price of $156.00.

Toll Brothers Trading Down 6.5 %

Shares of NYSE:TOL opened at $124.32 on Friday. The company has a current ratio of 4.92, a quick ratio of 0.80 and a debt-to-equity ratio of 0.37. Toll Brothers, Inc. has a 12-month low of $98.54 and a 12-month high of $169.52. The business has a 50 day moving average of $135.40 and a two-hundred day moving average of $142.47. The company has a market capitalization of $12.42 billion, a PE ratio of 8.27, a PEG ratio of 1.15 and a beta of 1.76.

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

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.