28,719 Shares in Toll Brothers, Inc. (NYSE:TOL) Purchased by Trexquant Investment LP

Trexquant Investment LP bought a new stake in shares of Toll Brothers, Inc. (NYSE:TOL) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 28,719 shares of the construction company’s stock, valued at approximately $3,617,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. ORG Partners LLC purchased a new position in shares of Toll Brothers during the 4th quarter worth approximately $25,000. Lee Danner & Bass Inc. acquired a new stake in Toll Brothers during the 4th quarter valued at $27,000. Promus Capital LLC purchased a new position in Toll Brothers during the fourth quarter worth $29,000. IAG Wealth Partners LLC increased its position in Toll Brothers by 1,034.8% during the fourth quarter. IAG Wealth Partners LLC now owns 261 shares of the construction company’s stock worth $33,000 after buying an additional 238 shares in the last quarter. Finally, DiNuzzo Private Wealth Inc. raised its holdings 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 worth $35,000 after acquiring an additional 250 shares during the last quarter. Institutional investors and hedge funds own 91.76% of the company’s stock.

Insider Transactions at Toll Brothers

In other Toll Brothers news, Director Christine Garvey sold 420 shares of the firm’s stock in a transaction on Monday, February 24th. The stock was sold at an average price of $110.58, for a total value of $46,443.60. Following the sale, the director now directly owns 13,186 shares in the company, valued at approximately $1,458,107.88. This trade represents a 3.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.54% of the company’s stock.

Toll Brothers Stock Up 2.4 %

NYSE TOL opened at $100.73 on Monday. 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 fifty-two week low of $95.00 and a fifty-two week high of $169.52. The business has a 50 day moving average price of $115.67 and a two-hundred day moving average price of $134.82. The stock has a market cap of $10.06 billion, a PE ratio of 6.93, a P/E/G ratio of 1.02 and a beta of 1.48.

Toll Brothers (NYSE:TOL) last announced its earnings results on Tuesday, February 18th. The construction company reported $1.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.99 by ($0.24). Toll Brothers had a return on equity of 18.32% and a net margin of 14.03%. The business had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.91 billion. As a group, sell-side analysts predict 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. Shareholders of record on Friday, April 11th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend is Friday, April 11th. This is an increase from Toll Brothers’s previous quarterly dividend of $0.23. Toll Brothers’s dividend payout ratio (DPR) is currently 6.88%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. reissued 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. The Goldman Sachs Group cut their price objective on shares of Toll Brothers from $143.00 to $125.00 and set a “neutral” rating for the company in a research report on Thursday, February 20th. UBS Group decreased their target price on shares of Toll Brothers from $185.00 to $183.00 and set a “buy” rating on the stock in a research report on Thursday, February 20th. Wedbush reiterated an “outperform” rating and issued a $175.00 price target on shares of Toll Brothers in a report on Friday, February 14th. Finally, Wells Fargo & Company reduced their price target on Toll Brothers from $170.00 to $150.00 and set an “overweight” rating on the stock in a research note on Thursday, February 20th. One analyst has rated the stock with a sell rating, six 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.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $147.57.

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.