Sanctuary Advisors LLC Has $4.03 Million Stock Holdings in Toll Brothers, Inc. (NYSE:TOL)

Sanctuary Advisors LLC reduced its position in Toll Brothers, Inc. (NYSE:TOL) by 19.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 32,004 shares of the construction company’s stock after selling 7,975 shares during the period. Sanctuary Advisors LLC’s holdings in Toll Brothers were worth $4,031,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Principal Securities Inc. lifted its position in shares of Toll Brothers by 25.2% in the fourth quarter. Principal Securities Inc. now owns 541 shares of the construction company’s stock valued at $68,000 after buying an additional 109 shares during the last quarter. Blue Trust Inc. raised its stake in Toll Brothers by 136.3% in the 4th quarter. Blue Trust Inc. now owns 834 shares of the construction company’s stock valued at $105,000 after acquiring an additional 481 shares during the period. Vicus Capital lifted its holdings in Toll Brothers by 20.1% during the 4th quarter. Vicus Capital now owns 1,623 shares of the construction company’s stock valued at $204,000 after purchasing an additional 272 shares during the last quarter. Asset Management One Co. Ltd. boosted its position in Toll Brothers by 28.0% during the fourth quarter. Asset Management One Co. Ltd. now owns 8,064 shares of the construction company’s stock worth $1,020,000 after purchasing an additional 1,764 shares during the period. Finally, Van ECK Associates Corp increased its holdings in shares of Toll Brothers by 30.2% in the fourth quarter. Van ECK Associates Corp now owns 82,803 shares of the construction company’s stock valued at $10,429,000 after purchasing an additional 19,214 shares during the last quarter. Institutional investors and hedge funds own 91.76% of the company’s stock.

Insider Transactions at Toll Brothers

In related news, 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 sale, the director now directly owns 7,728 shares of the company’s stock, valued at approximately $972,027.84. The trade was a 2.57 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Martin P. Connor sold 11,140 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief financial officer now directly owns 20,618 shares of the company’s stock, valued at approximately $2,599,311.26. The trade was a 35.08 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,202 shares of company stock valued at $1,947,436. Corporate insiders own 1.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Wells Fargo & Company cut their target price 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. Evercore ISI boosted their price objective on Toll Brothers from $181.00 to $184.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $150.00 target price (down previously from $166.00) on shares of Toll Brothers in a research note on Friday, December 13th. Citigroup reduced their price target on Toll Brothers from $155.00 to $137.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. Finally, Wedbush reiterated an “outperform” rating and set a $175.00 price objective on shares of Toll Brothers in a research report on Friday, February 14th. One research analyst has rated the stock with a sell rating, six have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Toll Brothers currently has an average rating of “Moderate Buy” and an average price target of $150.86.

Toll Brothers Trading Down 3.2 %

Shares of Toll Brothers stock opened at $111.45 on Friday. The company has a quick ratio of 0.80, a current ratio of 4.65 and a debt-to-equity ratio of 0.35. Toll Brothers, Inc. has a 12-month low of $107.79 and a 12-month high of $169.52. The company has a market capitalization of $11.13 billion, a price-to-earnings ratio of 7.67, a PEG ratio of 0.99 and a beta of 1.76. The firm’s 50-day moving average price is $129.02 and its two-hundred day moving average price is $141.40.

Toll Brothers (NYSE:TOL) last posted its quarterly earnings results on Tuesday, February 18th. The construction company reported $1.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.99 by ($0.24). Toll Brothers had a return on equity of 18.32% and a net margin of 14.03%. The firm had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.91 billion. On average, analysts forecast that Toll Brothers, Inc. will post 14.15 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 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 0.83%. Toll Brothers’s payout ratio is 6.33%.

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.