Toll Brothers, Inc. (NYSE:TOL) Shares Acquired by Venturi Wealth Management LLC

Venturi Wealth Management LLC grew its stake in Toll Brothers, Inc. (NYSE:TOL) by 47.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,028 shares of the construction company’s stock after acquiring an additional 332 shares during the quarter. Venturi Wealth Management LLC’s holdings in Toll Brothers were worth $129,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Larson Financial Group LLC increased its stake in shares of 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 acquiring an additional 66 shares during the last quarter. First Trust Direct Indexing L.P. increased its stake in shares of Toll Brothers by 1.4% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 5,089 shares of the construction company’s stock worth $786,000 after acquiring an additional 72 shares during the last quarter. Nilsine Partners LLC increased its stake in shares of Toll Brothers by 0.5% in the 4th quarter. Nilsine Partners LLC now owns 19,319 shares of the construction company’s stock worth $2,433,000 after acquiring an additional 88 shares during the last quarter. Versant Capital Management Inc increased its stake in shares of Toll Brothers by 15.1% in the 4th quarter. Versant Capital Management Inc now owns 700 shares of the construction company’s stock worth $88,000 after acquiring an additional 92 shares during the last quarter. Finally, CIBC Asset Management Inc increased its position in shares of Toll Brothers by 3.7% during the 3rd quarter. CIBC Asset Management Inc now owns 3,054 shares of the construction company’s stock worth $472,000 after purchasing an additional 109 shares during the last quarter. 91.76% of the stock is owned by institutional investors and hedge funds.

Toll Brothers Price Performance

TOL stock opened at $111.45 on Friday. The business has a 50 day moving average price of $128.57 and a 200 day moving average price of $141.37. The stock has a market cap of $11.13 billion, a price-to-earnings ratio of 7.67, a PEG ratio of 1.02 and a beta of 1.76. Toll Brothers, Inc. has a fifty-two week low of $107.79 and a fifty-two week high of $169.52. The company has a quick ratio of 0.80, a current ratio of 4.65 and a debt-to-equity ratio of 0.35.

Toll Brothers (NYSE:TOL) last posted its earnings results on Tuesday, February 18th. The construction company reported $1.75 earnings per share for the quarter, missing the consensus estimate of $1.99 by ($0.24). The business had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.91 billion. Toll Brothers had a return on equity of 18.32% and a net margin of 14.03%. Equities research analysts anticipate that Toll Brothers, Inc. will post 13.83 earnings per share for the current fiscal year.

Toll Brothers Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 10th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date was Friday, January 10th. Toll Brothers’s dividend payout ratio is currently 6.33%.

Insider Buying and Selling at Toll Brothers

In other Toll Brothers news, Director Christine Garvey sold 204 shares of the business’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 value of $25,659.12. Following the completion of the sale, the director now owns 7,728 shares in the company, valued at approximately $972,027.84. The trade was a 2.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Paul E. Shapiro sold 3,837 shares of the business’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 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 disclosure for this sale can be found here. Over the last quarter, insiders sold 15,202 shares of company stock worth $1,947,436. 1.54% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on TOL shares. Evercore ISI raised their price objective on Toll Brothers from $181.00 to $184.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 11th. Citigroup dropped their target price on Toll Brothers from $155.00 to $137.00 and set a “neutral” rating for the company in a research report on Monday, January 6th. The Goldman Sachs Group dropped their target price on Toll Brothers from $143.00 to $125.00 and set a “neutral” rating for the company in a research report on Thursday. Bank of America decreased their price objective on Toll Brothers from $156.00 to $140.00 and set a “buy” rating for the company in a research note on Thursday. Finally, Wells Fargo & Company decreased their price objective on Toll Brothers from $170.00 to $150.00 and set an “overweight” rating for the company in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $150.86.

Toll Brothers 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.