Toll Brothers, Inc. (NYSE:TOL) Shares Sold by Compass Wealth Management LLC

Compass Wealth Management LLC cut its position in shares of Toll Brothers, Inc. (NYSE:TOL) by 5.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 3,720 shares of the construction company’s stock after selling 200 shares during the quarter. Compass Wealth Management LLC’s holdings in Toll Brothers were worth $469,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of TOL. Envestnet Asset Management Inc. lifted its holdings in Toll Brothers by 4.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 27,243 shares of the construction company’s stock valued at $3,138,000 after acquiring an additional 1,162 shares during the last quarter. Evergreen Capital Management LLC boosted its holdings in 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 buying an additional 109 shares in the last quarter. Point72 DIFC Ltd acquired a new position in Toll Brothers in the second quarter worth approximately $169,000. Insigneo Advisory Services LLC bought a new position in shares of Toll Brothers in the second quarter valued at $215,000. Finally, AXA S.A. lifted its position in shares of Toll Brothers by 37.0% during the 2nd quarter. AXA S.A. now owns 128,805 shares of the construction company’s stock valued at $14,836,000 after acquiring an additional 34,814 shares during the last quarter. Institutional investors own 91.76% of the company’s stock.

Toll Brothers Stock Performance

Shares of TOL stock opened at $135.04 on Friday. The firm has a market cap of $13.51 billion, a P/E ratio of 8.98, a PEG ratio of 1.04 and a beta of 1.74. 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 $96.33 and a fifty-two week high of $169.52. The stock’s 50-day moving average is $139.51 and its two-hundred day moving average is $141.72.

Toll Brothers (NYSE:TOL) last issued its quarterly earnings data on Monday, December 9th. The construction company reported $4.63 earnings per share for the quarter, beating the consensus estimate of $4.34 by $0.29. Toll Brothers had a net margin of 14.48% and a return on equity of 19.64%. The firm had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.17 billion. During the same quarter last year, the firm earned $4.11 earnings per share. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. Analysts predict that Toll Brothers, Inc. will post 14.25 earnings per share for the current fiscal year.

Toll Brothers Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 10th were issued a $0.23 dividend. The ex-dividend date was Friday, January 10th. This represents a $0.92 annualized dividend and a yield of 0.68%. Toll Brothers’s dividend payout ratio (DPR) is currently 6.12%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Keefe, Bruyette & Woods lowered Toll Brothers from an “outperform” rating to a “market perform” rating and cut their target price for the stock from $168.00 to $164.00 in a research report on Tuesday, December 10th. Evercore ISI raised their target price on shares of Toll Brothers from $181.00 to $184.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. Barclays cut their price target on shares of Toll Brothers from $135.00 to $115.00 and set an “underweight” rating on the stock in a report on Thursday, January 16th. Royal Bank of Canada raised their price objective on shares of Toll Brothers from $143.00 to $150.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. Finally, Oppenheimer reissued an “outperform” rating and set a $189.00 target price on shares of Toll Brothers in a research note on Thursday, December 12th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Toll Brothers currently has a consensus rating of “Moderate Buy” and an average price target of $156.64.

Insiders Place Their Bets

In other news, Director Christine Garvey sold 204 shares of the firm’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $125.78, for a total value of $25,659.12. Following the sale, the director now owns 7,728 shares in the company, valued at approximately $972,027.84. This trade represents a 2.57 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Paul E. Shapiro sold 3,837 shares of the business’s stock in a transaction 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 transaction, the director now directly owns 119,937 shares in the company, valued at $16,088,349.18. This trade represents a 3.10 % decrease in their position. 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 90 days. 1.54% of the stock is currently owned by company insiders.

About Toll Brothers

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.