Wilmington Savings Fund Society FSB Decreases Stock Position in Toll Brothers, Inc. (NYSE:TOL)

Wilmington Savings Fund Society FSB decreased its stake in shares of Toll Brothers, Inc. (NYSE:TOL) by 3.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,156 shares of the construction company’s stock after selling 403 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Toll Brothers were worth $1,531,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of TOL. ORG Partners LLC purchased a new stake in shares of Toll Brothers during the fourth quarter worth approximately $25,000. Capital Performance Advisors LLP acquired a new position in Toll Brothers during the 3rd quarter worth approximately $27,000. Brooklyn Investment Group acquired a new position in Toll Brothers during the 3rd quarter worth approximately $27,000. Larson Financial Group LLC increased its position in shares of Toll Brothers by 57.9% in the 3rd quarter. Larson Financial Group LLC now owns 180 shares of the construction company’s stock valued at $28,000 after purchasing an additional 66 shares during the last quarter. Finally, DiNuzzo Private Wealth Inc. raised its holdings in shares of Toll Brothers by 806.5% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 281 shares of the construction company’s stock valued at $35,000 after purchasing an additional 250 shares in the last quarter. Institutional investors and hedge funds own 91.76% of the company’s stock.

Insider Activity at Toll Brothers

In other Toll Brothers news, Director Christine Garvey sold 204 shares of Toll Brothers stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $125.78, for a total value of $25,659.12. Following the sale, the director now owns 7,728 shares of the company’s stock, valued at approximately $972,027.84. The trade was a 2.57 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Paul E. Shapiro sold 3,837 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $134.14, for a total value of $514,695.18. Following the transaction, the director now owns 119,937 shares in the company, valued at $16,088,349.18. The trade was a 3.10 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,202 shares of company stock worth $1,947,436 in the last three months. Insiders own 1.54% of the company’s stock.

Analyst Upgrades and Downgrades

TOL has been the topic of several recent analyst reports. UBS Group dropped their target price on Toll Brothers from $192.00 to $185.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Keefe, Bruyette & Woods downgraded Toll Brothers from an “outperform” rating to a “market perform” rating and dropped their price objective 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 target price on shares of Toll Brothers in a research note on Thursday, December 12th. Citigroup dropped their price target on shares of Toll Brothers from $155.00 to $137.00 and set a “neutral” rating on the stock in a research note on Monday, January 6th. Finally, Seaport Res Ptn raised shares of Toll Brothers from a “strong sell” rating to a “hold” rating in a report on Monday, January 27th. 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 issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $156.00.

Toll Brothers Trading Down 6.5 %

NYSE TOL opened at $124.32 on Monday. The firm’s fifty day moving average is $134.58 and its two-hundred day moving average is $142.45. Toll Brothers, Inc. has a one year low of $98.54 and a one year high of $169.52. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.80 and a current ratio of 4.92. The firm has a market cap of $12.42 billion, a PE ratio of 8.27, a P/E/G ratio of 1.15 and a beta of 1.76.

Toll Brothers (NYSE:TOL) last issued its quarterly earnings results on Monday, December 9th. The construction company reported $4.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.34 by $0.29. Toll Brothers had a return on equity of 19.64% and a net margin of 14.48%. The firm had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.17 billion. During the same quarter in the previous year, the firm posted $4.11 EPS. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. Analysts expect that Toll Brothers, Inc. will post 14.15 earnings per share for the current year.

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 was Friday, January 10th. Toll Brothers’s dividend payout ratio is presently 6.12%.

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.