O Shaughnessy Asset Management LLC Acquires 247 Shares of Toll Brothers, Inc. (NYSE:TOL)

O Shaughnessy Asset Management LLC increased its holdings in shares of Toll Brothers, Inc. (NYSE:TOL) by 0.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 35,430 shares of the construction company’s stock after purchasing an additional 247 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Toll Brothers were worth $4,462,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. ORG Partners LLC bought a new stake in shares of Toll Brothers in the fourth quarter valued at approximately $25,000. Lee Danner & Bass Inc. acquired a new stake in Toll Brothers in the 4th quarter worth $27,000. Promus Capital LLC bought a new position in shares of Toll Brothers during the 4th quarter worth about $29,000. IAG Wealth Partners LLC raised its position in shares of Toll Brothers by 1,034.8% during the fourth quarter. IAG Wealth Partners LLC now owns 261 shares of the construction company’s stock valued at $33,000 after buying an additional 238 shares during the last quarter. Finally, DiNuzzo Private Wealth Inc. lifted its stake in shares of Toll Brothers by 806.5% in 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 period. Institutional investors own 91.76% of the company’s stock.

Insider Activity

In other Toll Brothers news, Director Christine Garvey sold 420 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $110.58, for a total transaction of $46,443.60. Following the completion of the sale, the director now directly owns 13,186 shares of the company’s stock, valued at approximately $1,458,107.88. The trade was a 3.09 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.54% of the stock is currently owned by insiders.

Toll Brothers Stock Up 1.5 %

Shares of NYSE:TOL opened at $106.85 on Thursday. 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 firm has a market cap of $10.67 billion, a P/E ratio of 7.35, a P/E/G ratio of 1.02 and a beta of 1.48. Toll Brothers, Inc. has a 12 month low of $101.50 and a 12 month high of $169.52. The company’s 50-day moving average price is $117.11 and its two-hundred day moving average price is $135.64.

Toll Brothers (NYSE:TOL) last issued 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). Toll Brothers had a net margin of 14.03% and a return on equity of 18.32%. The company had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.91 billion. As a group, research analysts forecast that Toll Brothers, Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be given a dividend of $0.25 per share. The ex-dividend date is Friday, April 11th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.94%. This is an increase from Toll Brothers’s previous quarterly dividend of $0.23. Toll Brothers’s payout ratio is presently 6.88%.

Wall Street Analysts Forecast Growth

Several research firms have commented on TOL. Wedbush reaffirmed an “outperform” rating and issued a $175.00 price target on shares of Toll Brothers in a report on Friday, February 14th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $150.00 target price (down from $166.00) on shares of Toll Brothers in a research report on Friday, December 13th. StockNews.com lowered shares of Toll Brothers from a “hold” rating to a “sell” rating in a report on Friday, March 28th. Bank of America decreased their target price on shares of Toll Brothers from $156.00 to $140.00 and set a “buy” rating on the stock in a research report on Thursday, February 20th. Finally, Wells Fargo & Company dropped 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 report on Thursday, February 20th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, 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.