Principal Securities Inc. Buys 109 Shares of Toll Brothers, Inc. (NYSE:TOL)

Principal Securities Inc. increased its holdings in Toll Brothers, Inc. (NYSE:TOL) by 25.2% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 541 shares of the construction company’s stock after buying an additional 109 shares during the quarter. Principal Securities Inc.’s holdings in Toll Brothers were worth $68,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. ORG Partners LLC purchased a new position in Toll Brothers in the fourth quarter worth about $25,000. Capital Performance Advisors LLP purchased a new position in Toll Brothers in the third quarter worth about $27,000. Brooklyn Investment Group purchased a new position in shares of Toll Brothers during the 3rd quarter valued at about $27,000. Larson Financial Group LLC lifted its position in shares of Toll Brothers by 57.9% during the 3rd quarter. Larson Financial Group LLC now owns 180 shares of the construction company’s stock valued at $28,000 after buying an additional 66 shares in the last quarter. Finally, DiNuzzo Private Wealth Inc. lifted its position in shares of Toll Brothers by 806.5% during the 4th 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 in the last quarter. 91.76% of the stock is currently owned by institutional investors.

Toll Brothers Trading Down 1.8 %

Toll Brothers stock opened at $112.55 on Thursday. The stock has a 50-day moving average of $127.73 and a two-hundred day moving average of $141.29. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.80 and a current ratio of 4.65. Toll Brothers, Inc. has a one year low of $108.86 and a one year high of $169.52. The stock has a market cap of $11.24 billion, a PE ratio of 7.75, a price-to-earnings-growth ratio of 1.02 and a beta of 1.76.

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

Toll Brothers Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 10th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 0.82%. The ex-dividend date was Friday, January 10th. Toll Brothers’s dividend payout ratio is currently 6.33%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on TOL. Wedbush reaffirmed an “outperform” rating and set a $175.00 price objective on shares of Toll Brothers in a research report on Friday, February 14th. The Goldman Sachs Group lowered their price objective on Toll Brothers from $143.00 to $125.00 and set a “neutral” rating on the stock in a research report on Thursday, February 20th. Wells Fargo & Company lowered their price objective on Toll Brothers from $170.00 to $150.00 and set an “overweight” rating on the stock in a research report on Thursday, February 20th. Royal Bank of Canada lowered their price target on Toll Brothers from $142.00 to $139.00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. Finally, Barclays lowered their price target on Toll Brothers from $115.00 to $101.00 and set an “underweight” rating on the stock in a report on Tuesday. One research analyst has rated the stock with a sell rating, six have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $147.57.

Insider Activity at Toll Brothers

In other Toll Brothers news, CFO Martin P. Connor sold 11,140 shares of the firm’s stock in a transaction that occurred 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 directly owns 20,618 shares of the company’s stock, valued at approximately $2,599,311.26. This trade represents a 35.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Paul E. Shapiro sold 3,837 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $134.14, for a total value of $514,695.18. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 15,622 shares of company stock worth $1,993,880. 1.54% of the stock is owned by corporate insiders.

Toll Brothers 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.