Toll Brothers, Inc. (NYSE:TOL) Receives Average Rating of “Moderate Buy” from Analysts

Toll Brothers, Inc. (NYSE:TOL) has been given an average recommendation of “Moderate Buy” by the fifteen ratings firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $150.86.

A number of research firms have recently issued reports on TOL. UBS Group reduced their price target on shares of Toll Brothers from $185.00 to $183.00 and set a “buy” rating on the stock in a research note on Thursday. Royal Bank of Canada reduced their price target on shares of Toll Brothers from $142.00 to $139.00 and set an “outperform” rating on the stock in a research note on Thursday. Wells Fargo & Company dropped their price objective on shares of Toll Brothers from $170.00 to $150.00 and set an “overweight” rating for the company in a report on Thursday. Wedbush restated an “outperform” rating and issued a $175.00 price objective on shares of Toll Brothers in a report on Friday, February 14th. Finally, Bank of America dropped their price objective on shares of Toll Brothers from $156.00 to $140.00 and set a “buy” rating for the company in a report on Thursday.

Insider Activity 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 transaction 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 position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Paul E. Shapiro sold 3,837 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $134.14, for a total transaction of $514,695.18. Following the transaction, the director now directly owns 119,937 shares in the company, valued at $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. Insiders have sold 15,202 shares of company stock valued at $1,947,436 in the last ninety days. Insiders own 1.54% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Fiduciary Alliance LLC purchased a new position in Toll Brothers during the 4th quarter worth $1,117,000. Franklin Resources Inc. grew its position in Toll Brothers by 5.4% during the 3rd quarter. Franklin Resources Inc. now owns 180,023 shares of the construction company’s stock worth $27,659,000 after purchasing an additional 9,195 shares during the last quarter. World Investment Advisors LLC purchased a new position in Toll Brothers during the 3rd quarter worth $12,506,000. Chartwell Investment Partners LLC grew its position in Toll Brothers by 66.5% during the 3rd quarter. Chartwell Investment Partners LLC now owns 35,295 shares of the construction company’s stock worth $5,453,000 after purchasing an additional 14,092 shares during the last quarter. Finally, Avior Wealth Management LLC grew its position in Toll Brothers by 4,894.1% during the 3rd quarter. Avior Wealth Management LLC now owns 3,396 shares of the construction company’s stock worth $525,000 after purchasing an additional 3,328 shares during the last quarter. 91.76% of the stock is owned by hedge funds and other institutional investors.

Toll Brothers Price Performance

Shares of TOL stock opened at $111.45 on Monday. The firm’s 50-day moving average is $128.57 and its two-hundred day moving average is $141.49. The company has a market capitalization of $11.13 billion, a PE ratio of 7.67, a price-to-earnings-growth ratio of 1.02 and a beta of 1.76. Toll Brothers has a 12 month low of $107.79 and a 12 month 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.

Toll Brothers (NYSE:TOL) last released its quarterly earnings results on Tuesday, February 18th. The construction company reported $1.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.99 by ($0.24). The company had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.91 billion. Toll Brothers had a net margin of 14.03% and a return on equity of 18.32%. Analysts predict that Toll Brothers will post 13.83 earnings per share for the current year.

Toll Brothers Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 10th were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date was Friday, January 10th. Toll Brothers’s dividend payout ratio (DPR) 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.