Wincap Financial LLC Sells 140 Shares of Toll Brothers Inc. $TOL

Wincap Financial LLC lessened its stake in shares of Toll Brothers Inc. (NYSE:TOL) by 2.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 6,202 shares of the construction company’s stock after selling 140 shares during the period. Wincap Financial LLC’s holdings in Toll Brothers were worth $708,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brooklyn Investment Group increased its position in Toll Brothers by 52.8% during the first quarter. Brooklyn Investment Group now owns 272 shares of the construction company’s stock valued at $29,000 after acquiring an additional 94 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of Toll Brothers by 152.6% during the 1st quarter. Larson Financial Group LLC now owns 293 shares of the construction company’s stock worth $31,000 after purchasing an additional 177 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings in Toll Brothers by 128.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 324 shares of the construction company’s stock valued at $37,000 after purchasing an additional 182 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Toll Brothers by 218.4% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 363 shares of the construction company’s stock worth $38,000 after purchasing an additional 249 shares during the period. Finally, Operose Advisors LLC purchased a new stake in Toll Brothers in the 1st quarter worth about $42,000. 91.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on TOL shares. Raymond James Financial reaffirmed a “strong-buy” rating and set a $160.00 target price (up previously from $130.00) on shares of Toll Brothers in a research note on Monday, August 25th. Weiss Ratings restated a “hold (c+)” rating on shares of Toll Brothers in a report on Wednesday, October 8th. Seaport Res Ptn upgraded Toll Brothers from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 23rd. Wells Fargo & Company boosted their target price on shares of Toll Brothers from $140.00 to $150.00 and gave the company an “overweight” rating in a research note on Monday, August 18th. Finally, Royal Bank Of Canada upped their price target on shares of Toll Brothers from $133.00 to $145.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $149.43.

Toll Brothers Price Performance

Shares of TOL stock opened at $138.89 on Tuesday. Toll Brothers Inc. has a twelve month low of $86.67 and a twelve month high of $169.52. The company has a current ratio of 4.38, a quick ratio of 0.51 and a debt-to-equity ratio of 0.36. The stock has a fifty day simple moving average of $137.96 and a two-hundred day simple moving average of $120.49. The stock has a market capitalization of $13.39 billion, a price-to-earnings ratio of 10.20, a P/E/G ratio of 1.64 and a beta of 1.40.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings results on Tuesday, August 19th. The construction company reported $3.73 EPS for the quarter, beating the consensus estimate of $3.59 by $0.14. Toll Brothers had a return on equity of 17.42% and a net margin of 12.64%.The firm had revenue of $2.95 billion for the quarter, compared to analyst estimates of $2.86 billion. During the same quarter last year, the firm posted $3.60 earnings per share. The business’s revenue for the quarter was up 8.0% on a year-over-year basis. On average, analysts predict that Toll Brothers Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 24th. Stockholders of record on Friday, October 10th were issued a $0.25 dividend. The ex-dividend date was Friday, October 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. Toll Brothers’s payout ratio is currently 7.35%.

Insider Transactions at Toll Brothers

In other news, COO Robert Parahus sold 9,831 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $130.84, for a total transaction of $1,286,288.04. Following the transaction, the chief operating officer directly owned 19,692 shares in the company, valued at approximately $2,576,501.28. This trade represents a 33.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Paul E. Shapiro sold 3,812 shares of Toll Brothers stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $147.65, for a total transaction of $562,841.80. Following the transaction, the director directly owned 118,753 shares in the company, valued at approximately $17,533,880.45. The trade was a 3.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 38,643 shares of company stock valued at $5,305,630. Company insiders own 1.54% of the company’s stock.

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.