Vanguard Personalized Indexing Management LLC Buys 1,810 Shares of Toll Brothers, Inc. (NYSE:TOL)

Vanguard Personalized Indexing Management LLC boosted its stake in shares of Toll Brothers, Inc. (NYSE:TOLFree Report) by 8.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 23,557 shares of the construction company’s stock after acquiring an additional 1,810 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Toll Brothers were worth $1,742,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. First Capital Advisors Group LLC. purchased a new position in Toll Brothers during the second quarter valued at $36,000. IFP Advisors Inc lifted its position in Toll Brothers by 87.1% during the third quarter. IFP Advisors Inc now owns 494 shares of the construction company’s stock valued at $37,000 after purchasing an additional 230 shares during the last quarter. Castleview Partners LLC bought a new stake in shares of Toll Brothers in the 3rd quarter worth about $37,000. Dark Forest Capital Management LP bought a new stake in shares of Toll Brothers in the 1st quarter worth about $38,000. Finally, 1832 Asset Management L.P. lifted its holdings in shares of Toll Brothers by 43.3% in the 2nd quarter. 1832 Asset Management L.P. now owns 536 shares of the construction company’s stock worth $42,000 after acquiring an additional 162 shares during the last quarter. 91.11% of the stock is owned by hedge funds and other institutional investors.

Toll Brothers Trading Up 0.7 %

NYSE TOL opened at $101.01 on Friday. The company’s 50-day simple moving average is $99.21 and its two-hundred day simple moving average is $85.27. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.86 and a current ratio of 4.78. Toll Brothers, Inc. has a one year low of $55.44 and a one year high of $105.91. The company has a market capitalization of $10.53 billion, a price-to-earnings ratio of 8.15, a price-to-earnings-growth ratio of 1.02 and a beta of 1.62.

Toll Brothers (NYSE:TOLGet Free Report) last issued its quarterly earnings data on Wednesday, December 6th. The construction company reported $4.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.72 by $0.39. Toll Brothers had a net margin of 13.73% and a return on equity of 20.97%. The firm had revenue of $3.02 billion for the quarter, compared to the consensus estimate of $2.78 billion. During the same quarter in the previous year, the firm earned $4.67 EPS. The company’s quarterly revenue was down 18.6% compared to the same quarter last year. Equities analysts forecast that Toll Brothers, Inc. will post 12.23 EPS for the current fiscal year.

Toll Brothers Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 26th. Stockholders of record on Friday, January 12th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date was Thursday, January 11th. Toll Brothers’s payout ratio is currently 6.78%.

Insider Transactions at Toll Brothers

In other Toll Brothers news, CFO Martin P. Connor sold 12,892 shares of the business’s stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $102.21, for a total transaction of $1,317,691.32. Following the sale, the chief financial officer now owns 54,721 shares of the company’s stock, valued at approximately $5,593,033.41. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Toll Brothers news, Director Paul E. Shapiro sold 3,518 shares of the business’s stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $91.41, for a total transaction of $321,580.38. Following the sale, the director now owns 129,808 shares of the company’s stock, valued at approximately $11,865,749.28. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Martin P. Connor sold 12,892 shares of the business’s stock in a transaction that occurred on Thursday, December 21st. The stock was sold at an average price of $102.21, for a total transaction of $1,317,691.32. Following the sale, the chief financial officer now directly owns 54,721 shares in the company, valued at approximately $5,593,033.41. The disclosure for this sale can be found here. Insiders have sold a total of 30,273 shares of company stock valued at $3,036,363 in the last 90 days. Insiders own 1.54% of the company’s stock.

Wall Street Analysts Forecast Growth

TOL has been the subject of several analyst reports. Wedbush restated a “neutral” rating and issued a $82.00 target price on shares of Toll Brothers in a report on Wednesday, November 29th. UBS Group raised their target price on shares of Toll Brothers from $96.00 to $112.00 and gave the stock a “buy” rating in a report on Thursday, December 7th. Barclays lifted their price objective on shares of Toll Brothers from $74.00 to $95.00 and gave the company an “underweight” rating in a report on Thursday, December 7th. Seaport Res Ptn lowered shares of Toll Brothers from a “buy” rating to a “neutral” rating in a report on Monday, January 22nd. Finally, Wolfe Research upgraded shares of Toll Brothers from a “peer perform” rating to an “outperform” rating and set a $118.00 price objective for the company in a report on Monday, January 8th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Toll Brothers has a consensus rating of “Moderate Buy” and a consensus price target of $99.14.

Get Our Latest Stock Report on Toll Brothers

Toll Brothers Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Toll Brothers (NYSE:TOL)

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