BLB&B Advisors LLC Increases Stock Position in Toll Brothers, Inc. (NYSE:TOL)

BLB&B Advisors LLC lifted its holdings in Toll Brothers, Inc. (NYSE:TOL) by 85.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 19,850 shares of the construction company’s stock after acquiring an additional 9,129 shares during the quarter. BLB&B Advisors LLC’s holdings in Toll Brothers were worth $2,500,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of TOL. ORG Partners LLC purchased a new stake in Toll Brothers in the fourth quarter worth about $25,000. Capital Performance Advisors LLP bought a new stake in shares of Toll Brothers in the 3rd quarter worth approximately $27,000. Brooklyn Investment Group purchased a new stake in shares of Toll Brothers in the 3rd quarter worth approximately $27,000. Larson Financial Group LLC increased its position in Toll Brothers by 57.9% during the 3rd quarter. Larson Financial Group LLC now owns 180 shares of the construction company’s stock valued at $28,000 after buying an additional 66 shares in the last quarter. Finally, DiNuzzo Private Wealth Inc. raised its stake in Toll Brothers by 806.5% during the fourth quarter. DiNuzzo Private Wealth Inc. now owns 281 shares of the construction company’s stock valued at $35,000 after buying an additional 250 shares during the last quarter. 91.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Paul E. Shapiro sold 3,837 shares of the firm’s stock in a transaction 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 $16,088,349.18. This trade represents a 3.10 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Christine Garvey sold 204 shares of the company’s stock in a transaction 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 completion of the transaction, the director now directly owns 7,728 shares of the company’s stock, valued at $972,027.84. This represents a 2.57 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,202 shares of company stock valued at $1,947,436. 1.54% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on TOL shares. Citigroup cut their target price on Toll Brothers from $155.00 to $137.00 and set a “neutral” rating on the stock in a research note on Monday, January 6th. 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 report on Wednesday, December 11th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $150.00 target price (down previously from $166.00) on shares of Toll Brothers in a research note on Friday, December 13th. Seaport Res Ptn raised shares of Toll Brothers from a “strong sell” rating to a “hold” rating in a research report on Monday, January 27th. Finally, UBS Group lowered their price objective on Toll Brothers from $192.00 to $185.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, six have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Toll Brothers has an average rating of “Moderate Buy” and an average price target of $156.00.

Toll Brothers Stock Down 6.5 %

Toll Brothers stock opened at $124.32 on Friday. The stock has a market cap of $12.42 billion, a PE ratio of 8.27, a price-to-earnings-growth ratio of 1.15 and a beta of 1.76. 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 fifty day moving average of $135.40 and a 200 day moving average of $142.47. Toll Brothers, Inc. has a one year low of $98.54 and a one year high of $169.52.

Toll Brothers (NYSE:TOL) last posted its quarterly earnings data on Monday, December 9th. The construction company reported $4.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.34 by $0.29. Toll Brothers had a net margin of 14.48% and a return on equity of 19.64%. The company had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.17 billion. During the same quarter last year, the firm posted $4.11 earnings per share. The firm’s revenue was up 10.4% compared to the same quarter last year. As a group, sell-side analysts predict that Toll Brothers, Inc. will post 14.15 EPS for the current year.

Toll Brothers Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 10th were paid a $0.23 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $0.92 annualized dividend and a dividend yield of 0.74%. Toll Brothers’s dividend payout ratio (DPR) is 6.12%.

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.