Toll Brothers, Inc. (NYSE:TOL) Shares Acquired by Alpha DNA Investment Management LLC

Alpha DNA Investment Management LLC increased its position in Toll Brothers, Inc. (NYSE:TOL) by 5.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,013 shares of the construction company’s stock after purchasing an additional 278 shares during the period. Alpha DNA Investment Management LLC’s holdings in Toll Brothers were worth $631,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. ORG Partners LLC acquired a new stake in shares of Toll Brothers during the 4th quarter valued at approximately $25,000. Lee Danner & Bass Inc. bought a new stake in shares of Toll Brothers during the 4th quarter valued at about $27,000. Promus Capital LLC bought a new position in Toll Brothers in the fourth quarter worth about $29,000. IAG Wealth Partners LLC boosted its stake in Toll Brothers by 1,034.8% in the fourth quarter. IAG Wealth Partners LLC now owns 261 shares of the construction company’s stock valued at $33,000 after acquiring an additional 238 shares during the period. Finally, DiNuzzo Private Wealth Inc. boosted its stake in Toll Brothers by 806.5% in 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. 91.76% of the stock is owned by institutional investors.

Insider Activity at Toll Brothers

In other Toll Brothers news, Director Christine Garvey sold 420 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $110.58, for a total transaction of $46,443.60. Following the completion of the sale, the director now directly owns 13,186 shares of the company’s stock, valued at approximately $1,458,107.88. This represents a 3.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.54% of the stock is currently owned by corporate insiders.

Toll Brothers Stock Performance

Shares of TOL opened at $93.87 on Friday. Toll Brothers, Inc. has a 12-month low of $86.67 and a 12-month high of $169.52. The stock has a market capitalization of $9.38 billion, a P/E ratio of 6.46, a P/E/G ratio of 1.02 and a beta of 1.48. The firm’s 50 day moving average is $106.79 and its 200-day moving average is $130.70. 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 posted its quarterly earnings results on Tuesday, February 18th. The construction company reported $1.75 earnings per share (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 during the quarter, compared to analyst estimates of $1.91 billion. Equities research analysts anticipate that Toll Brothers, Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, April 11th. This is a positive change from Toll Brothers’s previous quarterly dividend of $0.23. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.07%. Toll Brothers’s payout ratio is 6.88%.

Analyst Ratings Changes

TOL has been the topic of several recent research reports. Seaport Res Ptn raised Toll Brothers from a “strong sell” rating to a “hold” rating in a report on Monday, January 27th. Oppenheimer cut their price objective on shares of Toll Brothers from $189.00 to $165.00 and set an “outperform” rating on the stock in a research report on Thursday, February 20th. Bank of America decreased their target price on shares of Toll Brothers from $156.00 to $140.00 and set a “buy” rating for the company in a research report on Thursday, February 20th. Keefe, Bruyette & Woods cut their price target on Toll Brothers from $164.00 to $132.00 and set a “market perform” rating on the stock in a report on Tuesday, February 25th. Finally, Royal Bank of Canada lowered their target price on Toll Brothers from $142.00 to $139.00 and set an “outperform” rating on the stock in a research report on Thursday, February 20th. 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 assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $144.79.

Toll Brothers 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.