1,500 Shares in Toll Brothers, Inc. (NYSE:TOL) Bought by Paradigm Asset Management Co. LLC

Paradigm Asset Management Co. LLC bought a new position in shares of Toll Brothers, Inc. (NYSE:TOL) during the 4th quarter, Holdings Channel.com reports. The firm bought 1,500 shares of the construction company’s stock, valued at approximately $189,000.

Several other institutional investors also recently bought and sold shares of the stock. Forte Capital LLC ADV boosted its stake in shares of Toll Brothers by 61.7% during the 4th quarter. Forte Capital LLC ADV now owns 8,100 shares of the construction company’s stock worth $1,020,000 after acquiring an additional 3,090 shares in the last quarter. Handelsbanken Fonder AB lifted its holdings in Toll Brothers by 17.1% in the 4th quarter. Handelsbanken Fonder AB now owns 26,000 shares of the construction company’s stock worth $3,275,000 after purchasing an additional 3,800 shares during the last quarter. Ieq Capital LLC boosted its position in Toll Brothers by 395.9% during the fourth quarter. Ieq Capital LLC now owns 15,290 shares of the construction company’s stock worth $1,926,000 after purchasing an additional 12,207 shares during the period. Private Advisor Group LLC grew its holdings in Toll Brothers by 37.6% during the fourth quarter. Private Advisor Group LLC now owns 39,110 shares of the construction company’s stock valued at $4,926,000 after purchasing an additional 10,688 shares during the last quarter. Finally, Lyell Wealth Management LP raised its position in shares of Toll Brothers by 682.6% in the fourth quarter. Lyell Wealth Management LP now owns 47,349 shares of the construction company’s stock valued at $5,964,000 after purchasing an additional 41,299 shares during the period. 91.76% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Martin P. Connor sold 11,140 shares of the business’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $126.07, for a total value of $1,404,419.80. Following the sale, the chief financial officer now owns 20,618 shares of the company’s stock, valued at $2,599,311.26. The trade was a 35.08 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Christine Garvey sold 204 shares of the company’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $125.78, for a total value of $25,659.12. Following the completion of the sale, the director now owns 7,728 shares in the company, valued at $972,027.84. This trade represents a 2.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 15,202 shares of company stock worth $1,947,436. Company insiders own 1.54% of the company’s stock.

Wall Street Analysts Forecast Growth

TOL has been the subject of several recent analyst reports. Keefe, Bruyette & Woods downgraded shares of Toll Brothers from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $168.00 to $164.00 in a report on Tuesday, December 10th. Oppenheimer decreased their price target on shares of Toll Brothers from $189.00 to $165.00 and set an “outperform” rating for the company in a report on Thursday. Wells Fargo & Company dropped their price objective on Toll Brothers from $170.00 to $150.00 and set an “overweight” rating on the stock in a research note on Thursday. Royal Bank of Canada decreased their target price on Toll Brothers from $142.00 to $139.00 and set an “outperform” rating for the company in a research note on Thursday. Finally, Evercore ISI raised their target price on Toll Brothers from $181.00 to $184.00 and gave the company an “outperform” rating in a report on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $150.86.

Toll Brothers Stock Down 3.2 %

Shares of TOL stock opened at $111.45 on Friday. Toll Brothers, Inc. has a one year low of $107.79 and a one year high of $169.52. The company has a debt-to-equity ratio of 0.35, a current ratio of 4.65 and a quick ratio of 0.80. The stock has a fifty day moving average price of $129.02 and a 200 day moving average price of $141.40. The stock has a market cap of $11.13 billion, a P/E ratio of 7.67, a price-to-earnings-growth ratio of 1.02 and a beta of 1.76.

Toll Brothers (NYSE:TOL) last released its quarterly earnings data on Tuesday, February 18th. The construction company reported $1.75 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 the consensus estimate of $1.91 billion. Analysts predict that Toll Brothers, Inc. will post 13.83 earnings per share for the current year.

Toll Brothers Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 10th were issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date of this dividend was Friday, January 10th. 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.