Lifestyle Asset Management Inc. Has $1.10 Million Stock Position in Toll Brothers, Inc. (NYSE:TOL)

Lifestyle Asset Management Inc. lessened its stake in Toll Brothers, Inc. (NYSE:TOL) by 1.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,694 shares of the construction company’s stock after selling 84 shares during the quarter. Lifestyle Asset Management Inc.’s holdings in Toll Brothers were worth $1,095,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of TOL. Envestnet Asset Management Inc. increased its holdings in shares of Toll Brothers by 4.5% in the second quarter. Envestnet Asset Management Inc. now owns 27,243 shares of the construction company’s stock valued at $3,138,000 after purchasing an additional 1,162 shares in the last quarter. Blair William & Co. IL increased its stake in shares of Toll Brothers by 7.0% in the 2nd quarter. Blair William & Co. IL now owns 5,828 shares of the construction company’s stock valued at $671,000 after buying an additional 383 shares during the period. Evergreen Capital Management LLC raised its position in shares of Toll Brothers by 4.1% during the second quarter. Evergreen Capital Management LLC now owns 2,749 shares of the construction company’s stock worth $317,000 after acquiring an additional 109 shares during the last quarter. Point72 DIFC Ltd acquired a new position in shares of Toll Brothers during the second quarter valued at $169,000. Finally, Insigneo Advisory Services LLC bought a new position in Toll Brothers in the second quarter valued at about $215,000. 91.76% of the stock is owned by institutional investors.

Insider Transactions at Toll Brothers

In other Toll Brothers news, Director Paul E. Shapiro sold 3,837 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $134.14, for a total transaction of $514,695.18. Following the completion of the transaction, the director now owns 119,937 shares of the company’s stock, valued at $16,088,349.18. This represents a 3.10 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Christine Garvey sold 204 shares of Toll Brothers stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $125.78, for a total transaction of $25,659.12. Following the completion of 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. Insiders sold 15,202 shares of company stock valued at $1,947,436 over the last three months. Company insiders own 1.54% of the company’s stock.

Toll Brothers Price Performance

NYSE TOL opened at $136.58 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.80 and a current ratio of 4.92. The stock has a market cap of $13.66 billion, a price-to-earnings ratio of 9.09, a PEG ratio of 1.04 and a beta of 1.74. The business has a 50 day simple moving average of $140.20 and a 200 day simple moving average of $141.59. Toll Brothers, Inc. has a 52-week low of $95.46 and a 52-week high of $169.52.

Toll Brothers (NYSE:TOL) last issued its quarterly earnings data on Monday, December 9th. The construction company reported $4.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.34 by $0.29. The company had revenue of $3.33 billion during 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%. The firm’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.11 earnings per share. Analysts anticipate that Toll Brothers, Inc. will post 14.25 earnings per share for the current fiscal year.

Toll Brothers Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 24th. Stockholders of record on Friday, January 10th will be issued a $0.23 dividend. The ex-dividend date is Friday, January 10th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.67%. Toll Brothers’s dividend payout ratio (DPR) is 6.12%.

Analyst Ratings Changes

TOL has been the topic of a number of research reports. Keefe, Bruyette & Woods downgraded shares of Toll Brothers from an “outperform” rating to a “market perform” rating and cut their target price for the company from $168.00 to $164.00 in a research report on Tuesday, December 10th. Barclays reduced their price objective on shares of Toll Brothers from $135.00 to $115.00 and set an “underweight” rating on the stock in a research note on Thursday, January 16th. UBS Group dropped their target price on shares of Toll Brothers from $192.00 to $185.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $150.00 price target (down from $166.00) on shares of Toll Brothers in a research report on Friday, December 13th. Finally, Wedbush reiterated an “outperform” rating and issued a $175.00 price objective on shares of Toll Brothers in a report on Wednesday, December 11th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Toll Brothers presently has a consensus rating of “Moderate Buy” and a consensus target price of $156.64.

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.