Yousif Capital Management LLC Sells 2,023 Shares of Toll Brothers, Inc. (NYSE:TOL)

Yousif Capital Management LLC cut its stake in shares of Toll Brothers, Inc. (NYSE:TOL) by 5.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 37,086 shares of the construction company’s stock after selling 2,023 shares during the period. Yousif Capital Management LLC’s holdings in Toll Brothers were worth $4,671,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of TOL. Capital Performance Advisors LLP purchased a new stake in shares of Toll Brothers in the third quarter valued at about $27,000. Brooklyn Investment Group bought a new stake in Toll Brothers in the 3rd quarter worth about $27,000. Larson Financial Group LLC increased its stake in 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 buying an additional 66 shares during the last quarter. ORG Partners LLC bought a new position in shares of Toll Brothers during the 4th quarter worth approximately $25,000. Finally, UMB Bank n.a. boosted its stake in shares of Toll Brothers by 323.4% in the 3rd quarter. UMB Bank n.a. now owns 271 shares of the construction company’s stock worth $42,000 after buying an additional 207 shares during the last quarter. 91.76% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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

Analysts Set New Price Targets

TOL has been the topic of a number of recent analyst reports. Citigroup dropped their price target on Toll Brothers from $155.00 to $137.00 and set a “neutral” rating on the stock in a report on Monday, January 6th. Barclays lowered their target price on Toll Brothers from $135.00 to $115.00 and set an “underweight” rating on the stock in a research note on Thursday, January 16th. JPMorgan Chase & Co. restated a “neutral” rating and set a $150.00 price target (down previously from $166.00) on shares of Toll Brothers in a research report on Friday, December 13th. Royal Bank of Canada lifted their price objective on shares of Toll Brothers from $143.00 to $150.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 11th. Finally, Evercore ISI increased their target price on shares of Toll Brothers from $181.00 to $184.00 and gave the company an “outperform” rating in a research report on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Toll Brothers presently has a consensus rating of “Moderate Buy” and a consensus target price of $156.00.

Toll Brothers Price Performance

Toll Brothers stock opened at $124.32 on Friday. The firm has a market capitalization of $12.42 billion, a P/E ratio of 8.27, a PEG ratio of 1.17 and a beta of 1.76. 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 current ratio of 4.92 and a quick ratio of 0.80. The business has a fifty day moving average price of $135.40 and a 200-day moving average price of $142.47.

Toll Brothers (NYSE:TOL) last issued its earnings results on Monday, December 9th. The construction company reported $4.63 EPS for the quarter, topping 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 business had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.17 billion. During the same quarter last year, the company earned $4.11 EPS. The firm’s revenue was up 10.4% compared to the same quarter last year. As a group, equities research analysts forecast that Toll Brothers, Inc. will post 14.15 EPS for the current year.

Toll Brothers Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend was Friday, January 10th. Toll Brothers’s dividend payout ratio (DPR) is presently 6.12%.

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.