Toll Brothers, Inc. (NYSE:TOL) Shares Purchased by Inceptionr LLC

Inceptionr LLC raised its position in shares of Toll Brothers, Inc. (NYSE:TOL) by 174.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,941 shares of the construction company’s stock after purchasing an additional 8,859 shares during the period. Inceptionr LLC’s holdings in Toll Brothers were worth $1,756,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. ORG Partners LLC acquired a new stake in shares of Toll Brothers in the 4th quarter worth approximately $25,000. Capital Performance Advisors LLP acquired a new stake in shares of Toll Brothers in the 3rd quarter worth approximately $27,000. Brooklyn Investment Group acquired a new stake in shares of Toll Brothers in the 3rd quarter worth approximately $27,000. Larson Financial Group LLC lifted 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 period. Finally, Promus Capital LLC acquired a new stake in shares of Toll Brothers in the 4th quarter worth approximately $29,000. 91.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Martin P. Connor sold 11,140 shares of the firm’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $126.07, for a total transaction of $1,404,419.80. Following the transaction, the chief financial officer now owns 20,618 shares in the company, valued at approximately $2,599,311.26. This trade represents a 35.08 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Christine Garvey sold 420 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $110.58, for a total transaction of $46,443.60. Following the completion of the transaction, the director now owns 13,186 shares in the company, valued at $1,458,107.88. The trade was a 3.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 15,622 shares of company stock worth $1,993,880. 1.54% of the stock is owned by corporate insiders.

Toll Brothers Stock Up 2.4 %

TOL stock opened at $110.66 on Thursday. Toll Brothers, Inc. has a 12-month low of $105.73 and a 12-month 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. The company has a market cap of $11.05 billion, a price-to-earnings ratio of 7.62, a PEG ratio of 1.02 and a beta of 1.77. The company has a 50 day moving average of $125.82 and a two-hundred day moving average of $140.44.

Toll Brothers (NYSE:TOL) last released its quarterly earnings results on Tuesday, February 18th. The construction company reported $1.75 earnings per share for the quarter, missing analysts’ consensus estimates of $1.99 by ($0.24). The business had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.91 billion. Toll Brothers had a net margin of 14.03% and a return on equity of 18.32%. On average, equities analysts anticipate 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. Stockholders of record on Friday, January 10th were issued a dividend of $0.23 per share. The ex-dividend date was Friday, January 10th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.83%. Toll Brothers’s dividend payout ratio is currently 6.33%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Wells Fargo & Company reduced their price target on shares of Toll Brothers from $170.00 to $150.00 and set an “overweight” rating for the company in a research note on Thursday, February 20th. UBS Group reduced their price target on shares of Toll Brothers from $185.00 to $183.00 and set a “buy” rating for the company in a research note on Thursday, February 20th. The Goldman Sachs Group reduced their target price on shares of Toll Brothers from $143.00 to $125.00 and set a “neutral” rating for the company in a report on Thursday, February 20th. Wedbush restated an “outperform” rating and set a $175.00 target price on shares of Toll Brothers in a report on Friday, February 14th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Toll Brothers from $164.00 to $132.00 and set a “market perform” rating for the company in a report on Tuesday, February 25th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Toll Brothers has an average rating of “Moderate Buy” and an average price target of $147.57.

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.