Toll Brothers (NYSE:TOL) Upgraded at StockNews.com

Toll Brothers (NYSE:TOL) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

Other equities research analysts have also recently issued research reports about the company. Wedbush reissued an “outperform” rating and issued a $175.00 price target on shares of Toll Brothers in a research note on Friday, February 14th. Barclays decreased their target price on shares of Toll Brothers from $115.00 to $101.00 and set an “underweight” rating for the company in a research report on Tuesday, February 25th. Keefe, Bruyette & Woods dropped their price target on shares of Toll Brothers from $164.00 to $132.00 and set a “market perform” rating on the stock in a research report on Tuesday, February 25th. Royal Bank of Canada decreased their price objective on shares of Toll Brothers from $142.00 to $139.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Finally, Oppenheimer lowered their target price on shares of Toll Brothers from $189.00 to $165.00 and set an “outperform” rating for the company in a research note on Thursday, February 20th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $147.57.

Toll Brothers Trading Down 2.0 %

TOL opened at $107.08 on Tuesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 4.65 and a quick ratio of 0.80. Toll Brothers has a fifty-two week low of $105.73 and a fifty-two week high of $169.52. The company’s 50 day moving average price is $124.76 and its two-hundred day moving average price is $139.87. The firm has a market capitalization of $10.65 billion, a price-to-earnings ratio of 7.37, a PEG ratio of 1.02 and a beta of 1.77.

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, research analysts predict that Toll Brothers will post 13.83 earnings per share for the current year.

Insider Buying and Selling at Toll Brothers

In other Toll Brothers news, Director Christine Garvey sold 204 shares of the firm’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 transaction, the director now directly owns 7,728 shares of the company’s stock, valued at approximately $972,027.84. This trade represents a 2.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Paul E. Shapiro sold 3,837 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was 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 of the company’s stock, 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 quarter, insiders sold 15,622 shares of company stock valued at $1,993,880. Company insiders own 1.54% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Norges Bank purchased a new stake in Toll Brothers in the 4th quarter valued at $149,924,000. Balyasny Asset Management L.P. raised its holdings in shares of Toll Brothers by 24,475.1% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,114,728 shares of the construction company’s stock valued at $140,400,000 after purchasing an additional 1,110,192 shares during the last quarter. FMR LLC lifted its position in shares of Toll Brothers by 97.7% during the third quarter. FMR LLC now owns 2,118,459 shares of the construction company’s stock valued at $327,281,000 after purchasing an additional 1,046,758 shares in the last quarter. D1 Capital Partners L.P. purchased a new position in Toll Brothers during the fourth quarter worth about $106,428,000. Finally, Westfield Capital Management Co. LP purchased a new position in Toll Brothers during the third quarter worth about $111,562,000. Institutional investors own 91.76% of the company’s stock.

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.