25,200 Shares in Toll Brothers, Inc. (NYSE:TOL) Bought by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of Toll Brothers, Inc. (NYSE:TOL) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 25,200 shares of the construction company’s stock, valued at approximately $3,173,000.

Several other large investors have also modified their holdings of TOL. FMR LLC boosted its holdings in shares of Toll Brothers by 97.7% during the 3rd quarter. FMR LLC now owns 2,118,459 shares of the construction company’s stock worth $327,281,000 after buying an additional 1,046,758 shares during the period. Westfield Capital Management Co. LP bought a new stake in shares of Toll Brothers during the 3rd quarter worth $111,562,000. Jennison Associates LLC boosted its holdings in shares of Toll Brothers by 38.7% during the 4th quarter. Jennison Associates LLC now owns 1,226,271 shares of the construction company’s stock worth $154,449,000 after buying an additional 341,980 shares during the period. Vaughan Nelson Investment Management L.P. bought a new stake in shares of Toll Brothers during the 3rd quarter worth $38,985,000. Finally, Castleark Management LLC acquired a new position in Toll Brothers during the 3rd quarter valued at $23,629,000. 91.76% of the stock is owned by institutional investors.

Toll Brothers Stock Performance

Shares of NYSE:TOL opened at $132.70 on Friday. The company has a market capitalization of $13.26 billion, a price-to-earnings ratio of 8.83, a P/E/G ratio of 1.17 and a beta of 1.76. The firm’s 50 day simple moving average is $136.04 and its 200 day simple moving average is $142.53. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.92 and a quick ratio of 0.80. 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) last announced its quarterly 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 business had revenue of $3.33 billion for 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%. Toll Brothers’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period last year, the company posted $4.11 EPS. As a group, sell-side analysts forecast that Toll Brothers, Inc. will post 14.15 earnings per share for the current year.

Toll Brothers Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 10th were issued a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $0.92 annualized dividend and a yield of 0.69%. Toll Brothers’s dividend payout ratio (DPR) is currently 6.12%.

Insiders Place Their Bets

In other Toll Brothers news, Director Paul E. Shapiro sold 3,837 shares of the firm’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 trade represents a 3.10 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 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 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. In the last three months, insiders have sold 15,202 shares of company stock worth $1,947,436. Company insiders own 1.54% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on TOL shares. Barclays cut their target price on shares of Toll Brothers from $135.00 to $115.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. Bank of America dropped their price objective on shares of Toll Brothers from $165.00 to $156.00 and set a “buy” rating for the company in a research note on Monday, January 27th. Evercore ISI increased their price objective on shares of Toll Brothers from $181.00 to $184.00 and gave the company an “outperform” rating in a research note on Wednesday, December 11th. Seaport Res Ptn upgraded shares of Toll Brothers from a “strong sell” rating to a “hold” rating in a research report on Monday, January 27th. Finally, Citigroup dropped their target price on shares of Toll Brothers from $155.00 to $137.00 and set a “neutral” rating for the company in a research report on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Toll Brothers currently has a consensus rating of “Moderate Buy” and a consensus price target of $156.00.

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.