Toll Brothers, Inc. (NYSE:TOL – Get Free Report) CEO Douglas C. Jr. Yearley sold 25,000 shares of Toll Brothers stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of $153.05, for a total value of $3,826,250.00. Following the completion of the transaction, the chief executive officer now directly owns 296,382 shares of the company’s stock, valued at $45,361,265.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Toll Brothers Stock Down 0.1 %
Shares of NYSE:TOL opened at $153.34 on Wednesday. Toll Brothers, Inc. has a 52 week low of $68.08 and a 52 week high of $154.62. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.57 and a current ratio of 4.52. The company has a market capitalization of $15.74 billion, a PE ratio of 10.47, a PEG ratio of 1.23 and a beta of 1.67. The company has a 50 day moving average price of $138.65 and a two-hundred day moving average price of $127.10.
Toll Brothers (NYSE:TOL – Get Free Report) last posted its earnings results on Tuesday, August 20th. The construction company reported $3.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.31 by $0.29. Toll Brothers had a return on equity of 19.82% and a net margin of 14.63%. The business had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.71 billion. During the same period in the prior year, the business earned $3.73 EPS. Toll Brothers’s revenue for the quarter was up 1.5% compared to the same quarter last year. Analysts forecast that Toll Brothers, Inc. will post 13.31 earnings per share for the current year.
Toll Brothers Dividend Announcement
Analyst Ratings Changes
A number of equities analysts have weighed in on TOL shares. Bank of America upped their target price on shares of Toll Brothers from $160.00 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, September 19th. Evercore ISI upped their price objective on Toll Brothers from $177.00 to $180.00 and gave the stock an “outperform” rating in a report on Monday, July 15th. The Goldman Sachs Group raised Toll Brothers from a “sell” rating to a “neutral” rating and lifted their target price for the company from $112.00 to $124.00 in a research note on Monday, June 17th. Argus upped their price target on Toll Brothers from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, June 6th. Finally, Oppenheimer lifted their price objective on Toll Brothers from $157.00 to $168.00 and gave the stock an “outperform” rating in a research report on Thursday, August 22nd. Two analysts have rated the stock with a sell rating, four have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $145.00.
View Our Latest Analysis on Toll Brothers
Hedge Funds Weigh In On Toll Brothers
A number of large investors have recently added to or reduced their stakes in the company. Register Financial Advisors LLC bought a new stake in shares of Toll Brothers in the first quarter worth $26,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Toll Brothers during the 2nd quarter worth about $29,000. Massmutual Trust Co. FSB ADV boosted its stake in shares of Toll Brothers by 114.5% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 266 shares of the construction company’s stock worth $31,000 after buying an additional 142 shares during the last quarter. Contravisory Investment Management Inc. acquired a new position in shares of Toll Brothers during the 1st quarter worth about $34,000. Finally, Rise Advisors LLC bought a new position in shares of Toll Brothers in the 1st quarter valued at about $35,000. Institutional investors own 91.76% of the company’s stock.
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.
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