Measured Wealth Private Client Group LLC grew its position in Toll Brothers, Inc. (NYSE:TOL – Free Report) by 47.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,120 shares of the construction company’s stock after purchasing an additional 680 shares during the period. Measured Wealth Private Client Group LLC’s holdings in Toll Brothers were worth $267,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the company. ORG Partners LLC acquired a new stake in Toll Brothers in the fourth quarter worth about $25,000. Capital Performance Advisors LLP bought a new stake in shares of Toll Brothers during the 3rd quarter worth about $27,000. Brooklyn Investment Group acquired a new stake in shares of Toll Brothers in the 3rd quarter worth approximately $27,000. Larson Financial Group LLC boosted its holdings in shares of Toll Brothers by 57.9% in the third quarter. Larson Financial Group LLC now owns 180 shares of the construction company’s stock valued at $28,000 after acquiring an additional 66 shares in the last quarter. Finally, DiNuzzo Private Wealth Inc. increased its stake in shares of Toll Brothers by 806.5% during the fourth quarter. DiNuzzo Private Wealth Inc. now owns 281 shares of the construction company’s stock valued at $35,000 after acquiring an additional 250 shares during the period. Institutional investors and hedge funds own 91.76% of the company’s stock.
Toll Brothers Price Performance
Shares of NYSE:TOL opened at $124.32 on Friday. The company’s fifty day moving average is $135.40 and its two-hundred day moving average is $142.47. The company has a market cap of $12.42 billion, a P/E ratio of 8.27, a price-to-earnings-growth ratio of 1.17 and a beta of 1.76. Toll Brothers, Inc. has a 12-month low of $98.54 and a 12-month high of $169.52. The company has a quick ratio of 0.80, a current ratio of 4.92 and a debt-to-equity ratio of 0.37.
Toll Brothers Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 10th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend was Friday, January 10th. Toll Brothers’s dividend payout ratio is currently 6.12%.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on TOL. UBS Group decreased their price target on Toll Brothers from $192.00 to $185.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Citigroup lowered their target price on Toll Brothers from $155.00 to $137.00 and set a “neutral” rating on the stock in a report on Monday, January 6th. Keefe, Bruyette & Woods downgraded shares of Toll Brothers from an “outperform” rating to a “market perform” rating and cut their price target for the company from $168.00 to $164.00 in a report on Tuesday, December 10th. Oppenheimer restated an “outperform” rating and set a $189.00 price objective on shares of Toll Brothers in a research report on Thursday, December 12th. Finally, Seaport Res Ptn upgraded shares of Toll Brothers from a “strong sell” rating to a “hold” rating in a report on Monday, January 27th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Toll Brothers currently has an average rating of “Moderate Buy” and a consensus price target of $156.00.
Read Our Latest Analysis on Toll Brothers
Insider Activity at Toll Brothers
In other Toll Brothers news, CFO Martin P. Connor sold 11,140 shares of the business’s stock in a transaction dated 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 transaction, the chief financial officer now owns 20,618 shares in the company, valued at $2,599,311.26. The trade was a 35.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Paul E. Shapiro sold 3,837 shares of the firm’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $134.14, for a total value of $514,695.18. Following the sale, the director now directly owns 119,937 shares of the company’s stock, valued at $16,088,349.18. This trade represents a 3.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,202 shares of company stock valued at $1,947,436. Corporate insiders own 1.54% 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.
Read More
- Five stocks we like better than Toll Brothers
- Election Stocks: How Elections Affect the Stock Market
- IBM’s AI Bet Pays Off—What’s Next for Investors?
- Stock Splits, Do They Really Impact Investors?
- 3 Reasons to Treat AMD’s Drop as an Entry Opportunity
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- Qualcomm’s Post-Earnings Dip: A Prime Buying Opportunity?
Receive News & Ratings for Toll Brothers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toll Brothers and related companies with MarketBeat.com's FREE daily email newsletter.