Toll Brothers (NYSE:TOL) Rating Lowered to “Sell” at StockNews.com

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

Several other research analysts have also recently commented on TOL. Evercore ISI increased their price target on Toll Brothers from $181.00 to $184.00 and gave the company an “outperform” rating in a research report on Wednesday, December 11th. Wedbush reissued an “outperform” rating and issued a $175.00 price objective on shares of Toll Brothers in a report on Friday, February 14th. Oppenheimer decreased 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. Seaport Res Ptn raised shares of Toll Brothers from a “strong sell” rating to a “hold” rating in a research report on Monday, January 27th. Finally, Wells Fargo & Company decreased their price objective on shares of Toll Brothers from $170.00 to $150.00 and set an “overweight” rating for the company in a research report on Thursday, February 20th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $147.57.

Toll Brothers Trading Down 3.4 %

NYSE:TOL opened at $105.15 on Friday. The company has a quick ratio of 0.80, a current ratio of 4.65 and a debt-to-equity ratio of 0.35. Toll Brothers has a twelve month low of $102.49 and a twelve month high of $169.52. The company has a market cap of $10.50 billion, a P/E ratio of 7.24, a price-to-earnings-growth ratio of 1.02 and a beta of 1.77. The business has a 50 day moving average price of $118.90 and a two-hundred day moving average price of $136.45.

Toll Brothers (NYSE:TOL) last announced its earnings results on Tuesday, February 18th. The construction company reported $1.75 EPS for the quarter, missing the consensus estimate of $1.99 by ($0.24). Toll Brothers had a return on equity of 18.32% and a net margin of 14.03%. The business had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.91 billion. As a group, analysts expect that Toll Brothers will post 13.83 EPS for the current fiscal year.

Insider Activity at Toll Brothers

In other news, CFO Martin P. Connor sold 11,140 shares of Toll Brothers stock in a transaction on Monday, December 30th. The stock was sold at an average price of $126.07, for a total transaction of $1,404,419.80. Following the completion of the sale, the chief financial officer now owns 20,618 shares of the company’s stock, valued at approximately $2,599,311.26. This trade represents a 35.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Christine Garvey sold 204 shares of the company’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $125.78, for a total transaction of $25,659.12. Following the completion of the transaction, the director now owns 7,728 shares in the company, valued at $972,027.84. This trade represents a 2.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,764 shares of company stock worth $1,476,523 in the last ninety days. 1.54% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in TOL. Brooklyn Investment Group acquired a new stake in Toll Brothers during the third quarter worth approximately $27,000. Larson Financial Group LLC lifted its position in shares of Toll Brothers by 57.9% during the 3rd 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 during the period. ORG Partners LLC acquired a new stake in shares of Toll Brothers during the 4th quarter worth $25,000. Lee Danner & Bass Inc. bought a new position in shares of Toll Brothers in the fourth quarter worth $27,000. Finally, Promus Capital LLC bought a new position in shares of Toll Brothers in the fourth quarter worth $29,000. 91.76% of the stock is owned by institutional investors.

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.