MorganRosel Wealth Management LLC Has $1.29 Million Holdings in Toll Brothers, Inc. (NYSE:TOL)

MorganRosel Wealth Management LLC boosted its stake in Toll Brothers, Inc. (NYSE:TOL) by 20.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,220 shares of the construction company’s stock after acquiring an additional 1,702 shares during the period. MorganRosel Wealth Management LLC’s holdings in Toll Brothers were worth $1,287,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp lifted its holdings in Toll Brothers by 1.2% in the third quarter. State Street Corp now owns 3,662,387 shares of the construction company’s stock valued at $565,802,000 after buying an additional 42,871 shares during the period. Geode Capital Management LLC lifted its position in shares of Toll Brothers by 4.1% during the 3rd quarter. Geode Capital Management LLC now owns 2,157,908 shares of the construction company’s stock valued at $333,444,000 after acquiring an additional 84,652 shares during the period. FMR LLC boosted its stake in Toll Brothers by 97.7% during the third quarter. FMR LLC now owns 2,118,459 shares of the construction company’s stock worth $327,281,000 after acquiring an additional 1,046,758 shares in the last quarter. Jennison Associates LLC boosted its stake in Toll Brothers by 38.7% during the fourth quarter. Jennison Associates LLC now owns 1,226,271 shares of the construction company’s stock worth $154,449,000 after acquiring an additional 341,980 shares in the last quarter. Finally, Westfield Capital Management Co. LP acquired a new position in shares of Toll Brothers during the third quarter valued at about $111,562,000. Institutional investors and hedge funds own 91.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $150.00 target price (down from $166.00) on shares of Toll Brothers in a research report on Friday, December 13th. The Goldman Sachs Group dropped their price objective on shares of Toll Brothers from $143.00 to $125.00 and set a “neutral” rating on the stock in a research note on Thursday, February 20th. Seaport Res Ptn raised Toll Brothers from a “strong sell” rating to a “hold” rating in a report on Monday, January 27th. Bank of America cut their price objective on shares of Toll Brothers from $156.00 to $140.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. Finally, Keefe, Bruyette & Woods lowered Toll Brothers from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $168.00 to $164.00 in a report on Tuesday, December 10th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Toll Brothers currently has an average rating of “Moderate Buy” and a consensus price target of $150.86.

Toll Brothers Stock Down 0.8 %

Shares of TOL opened at $110.58 on Tuesday. The firm has a market cap of $11.05 billion, a P/E ratio of 7.61, a P/E/G ratio of 1.02 and a beta of 1.76. Toll Brothers, Inc. has a 1 year low of $108.86 and a 1 year high of $169.52. The stock has a 50 day simple moving average of $128.09 and a two-hundred day simple moving average of $141.38. The company has a debt-to-equity ratio of 0.35, a current ratio of 4.65 and a quick ratio of 0.80.

Toll Brothers (NYSE:TOL) last issued its earnings results on Tuesday, February 18th. The construction company reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.99 by ($0.24). The business had revenue of $1.86 billion during 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%. On average, analysts forecast that Toll Brothers, Inc. will post 13.83 earnings per share for the current fiscal year.

Toll Brothers Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 24th. Investors 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 payout ratio is 6.33%.

Insider Activity at Toll Brothers

In other news, Director Paul E. Shapiro sold 3,837 shares of Toll Brothers stock in a transaction dated 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 owns 119,937 shares of the company’s stock, valued at approximately $16,088,349.18. The trade was a 3.10 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Martin P. Connor sold 11,140 shares of the stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $126.07, for a total transaction of $1,404,419.80. Following the completion of the transaction, the chief financial officer now directly owns 20,618 shares of the company’s stock, valued at approximately $2,599,311.26. The trade was a 35.08 % decrease in their ownership of the stock. 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. Corporate insiders own 1.54% of the company’s stock.

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.