Measured Wealth Private Client Group LLC Buys 680 Shares of Toll Brothers, Inc. (NYSE:TOL)

Measured Wealth Private Client Group LLC lifted its stake in shares of Toll Brothers, Inc. (NYSE:TOL) by 47.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,120 shares of the construction company’s stock after acquiring an additional 680 shares during the period. Measured Wealth Private Client Group LLC’s holdings in Toll Brothers were worth $267,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Fiduciary Alliance LLC bought a new stake in Toll Brothers during the fourth quarter worth approximately $1,117,000. Franklin Resources Inc. boosted its holdings in shares of Toll Brothers by 5.4% during the 3rd quarter. Franklin Resources Inc. now owns 180,023 shares of the construction company’s stock worth $27,659,000 after buying an additional 9,195 shares during the period. World Investment Advisors LLC acquired a new position in Toll Brothers in the 3rd quarter valued at $12,506,000. Chartwell Investment Partners LLC raised its holdings in Toll Brothers by 66.5% in the 3rd quarter. Chartwell Investment Partners LLC now owns 35,295 shares of the construction company’s stock worth $5,453,000 after acquiring an additional 14,092 shares during the period. Finally, Avior Wealth Management LLC lifted its position in Toll Brothers by 4,894.1% during the 3rd quarter. Avior Wealth Management LLC now owns 3,396 shares of the construction company’s stock worth $525,000 after acquiring an additional 3,328 shares during the last quarter. Institutional investors and hedge funds own 91.76% of the company’s stock.

Toll Brothers Stock Performance

NYSE TOL opened at $124.32 on Friday. The stock has a market cap of $12.42 billion, a P/E ratio of 8.27, a PEG ratio of 1.17 and a beta of 1.76. The company has a quick ratio of 0.80, a current ratio of 4.92 and a debt-to-equity ratio of 0.37. Toll Brothers, Inc. has a twelve month low of $98.54 and a twelve month high of $169.52. The company’s 50-day simple moving average is $135.40 and its 200 day simple moving average is $142.47.

Toll Brothers (NYSE:TOL) last issued its earnings results on Monday, December 9th. The construction company reported $4.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.34 by $0.29. The business had revenue of $3.33 billion during the quarter, compared to analysts’ expectations of $3.17 billion. Toll Brothers had a return on equity of 19.64% and a net margin of 14.48%. Toll Brothers’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.11 EPS. As a group, research analysts forecast that Toll Brothers, Inc. will post 14.15 earnings per share for the current fiscal year.

Toll Brothers Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 10th were issued a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.74%. Toll Brothers’s payout ratio is presently 6.12%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on TOL. Bank of America lowered their price target on Toll Brothers from $165.00 to $156.00 and set a “buy” rating on the stock in a research report on Monday, January 27th. Seaport Res Ptn raised Toll Brothers from a “strong sell” rating to a “hold” rating in a research report on Monday, January 27th. Keefe, Bruyette & Woods cut Toll Brothers from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from $168.00 to $164.00 in a research report on Tuesday, December 10th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $150.00 price objective (down previously from $166.00) on shares of Toll Brothers in a research note on Friday, December 13th. Finally, Wedbush reiterated an “outperform” rating and set a $175.00 target price on shares of Toll Brothers in a research note on Wednesday, December 11th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $156.00.

Insider Transactions at Toll Brothers

In other news, Director Paul E. Shapiro sold 3,837 shares of Toll Brothers stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $134.14, for a total value of $514,695.18. Following the completion of the transaction, the director now owns 119,937 shares in the company, valued at approximately $16,088,349.18. The trade was a 3.10 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Christine Garvey sold 204 shares of the 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 in the company, valued at approximately $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. In the last quarter, insiders have sold 15,202 shares of company stock valued at $1,947,436. 1.54% of the stock is owned by insiders.

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.