AQR Capital Management LLC Increases Holdings in Toll Brothers, Inc. (NYSE:TOL)

AQR Capital Management LLC grew its holdings in Toll Brothers, Inc. (NYSE:TOL) by 24.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,216,625 shares of the construction company’s stock after buying an additional 239,917 shares during the quarter. AQR Capital Management LLC owned approximately 1.22% of Toll Brothers worth $153,234,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in TOL. ORG Partners LLC bought a new stake in Toll Brothers in the fourth quarter valued at $25,000. Lee Danner & Bass Inc. purchased a new stake in shares of Toll Brothers in the 4th quarter worth about $27,000. Promus Capital LLC bought a new stake in shares of Toll Brothers during the 4th quarter valued at about $29,000. IAG Wealth Partners LLC increased 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 period. Finally, DiNuzzo Private Wealth Inc. lifted its holdings in 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 buying an additional 250 shares during the period. 91.76% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Christine Garvey sold 420 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of $110.58, for a total value 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 $1,458,107.88. This represents a 3.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.54% of the company’s stock.

Toll Brothers Stock Down 0.6 %

Toll Brothers stock opened at $100.48 on Wednesday. Toll Brothers, Inc. has a one year low of $86.67 and a one year high of $169.52. The stock has a fifty day moving average of $103.07 and a 200 day moving average of $127.59. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.80 and a current ratio of 4.65. The stock has a market cap of $10.04 billion, a PE ratio of 6.92, a price-to-earnings-growth ratio of 1.02 and a beta of 1.48.

Toll Brothers (NYSE:TOL) last issued its quarterly earnings data on Tuesday, February 18th. The construction company reported $1.75 earnings per share for the quarter, missing the consensus estimate of $1.99 by ($0.24). The business had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.91 billion. Toll Brothers had a return on equity of 18.32% and a net margin of 14.03%. As a group, sell-side analysts predict that Toll Brothers, Inc. will post 13.83 EPS for the current year.

Toll Brothers Increases Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TOL. StockNews.com lowered Toll Brothers from a “hold” rating to a “sell” rating in a research report on Friday, April 25th. Wells Fargo & Company lowered their price objective on Toll Brothers from $150.00 to $120.00 and set an “overweight” rating for the company in a research report on Monday, April 14th. UBS Group reduced 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. Citigroup lowered their price target on shares of Toll Brothers from $155.00 to $137.00 and set a “neutral” rating for the company in a research report on Monday, January 6th. Finally, Royal Bank of Canada cut their price objective on shares of Toll Brothers from $142.00 to $139.00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $144.79.

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.