Toll Brothers, Inc. (NYSE:TOL) Shares Bought by Blue Trust Inc.

Blue Trust Inc. boosted its stake in shares of Toll Brothers, Inc. (NYSE:TOL) by 136.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 834 shares of the construction company’s stock after purchasing an additional 481 shares during the period. Blue Trust Inc.’s holdings in Toll Brothers were worth $105,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. State Street Corp grew its position in Toll Brothers by 1.2% during the 3rd quarter. State Street Corp now owns 3,662,387 shares of the construction company’s stock worth $565,802,000 after purchasing an additional 42,871 shares during the period. Geode Capital Management LLC grew its position in Toll Brothers by 4.1% during the 3rd quarter. Geode Capital Management LLC now owns 2,157,908 shares of the construction company’s stock worth $333,444,000 after purchasing an additional 84,652 shares during the period. FMR LLC grew its position in shares of Toll Brothers by 97.7% during the 3rd quarter. FMR LLC now owns 2,118,459 shares of the construction company’s stock valued at $327,281,000 after acquiring an additional 1,046,758 shares during the period. Jennison Associates LLC grew its position in shares of Toll Brothers by 38.7% during the 4th quarter. Jennison Associates LLC now owns 1,226,271 shares of the construction company’s stock valued at $154,449,000 after acquiring an additional 341,980 shares during the period. Finally, Westfield Capital Management Co. LP acquired a new stake in shares of Toll Brothers during the 3rd quarter valued at about $111,562,000. 91.76% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on TOL. Citigroup dropped their target price on Toll Brothers from $155.00 to $137.00 and set a “neutral” rating on the stock in a research report on Monday, January 6th. Keefe, Bruyette & Woods cut Toll Brothers from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $168.00 to $164.00 in a research report on Tuesday, December 10th. Wells Fargo & Company dropped their target price on Toll Brothers from $170.00 to $150.00 and set an “overweight” rating on the stock in a research report on Thursday. The Goldman Sachs Group dropped their target price on Toll Brothers from $143.00 to $125.00 and set a “neutral” rating on the stock in a research report on Thursday. Finally, Seaport Res Ptn upgraded Toll Brothers from a “strong sell” rating to a “hold” rating in a research report on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $150.86.

Toll Brothers Trading Down 3.2 %

TOL stock opened at $111.45 on Friday. The company has a current ratio of 4.65, a quick ratio of 0.80 and a debt-to-equity ratio of 0.35. The business’s 50-day moving average is $128.57 and its 200 day moving average is $141.37. Toll Brothers, Inc. has a 12-month low of $107.79 and a 12-month high of $169.52. The stock has a market cap of $11.13 billion, a price-to-earnings ratio of 7.67, a PEG ratio of 1.02 and a beta of 1.76.

Toll Brothers (NYSE:TOL) last released its 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 return on equity of 18.32% and a net margin of 14.03%. The business had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.91 billion. On average, sell-side analysts anticipate that Toll Brothers, Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 10th were paid a $0.23 dividend. 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 dividend payout ratio (DPR) is 6.33%.

Insiders Place Their Bets

In other 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Paul E. Shapiro sold 3,837 shares of Toll Brothers stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $134.14, for a total transaction of $514,695.18. Following the sale, the director now directly owns 119,937 shares in the company, valued at approximately $16,088,349.18. The trade was a 3.10 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 15,202 shares of company stock valued at $1,947,436 in the last ninety days. 1.54% of the stock is currently owned by corporate insiders.

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.