3,650 Shares in Toll Brothers, Inc. (NYSE:TOL) Bought by Blueshift Asset Management LLC

Blueshift Asset Management LLC bought a new position in shares of Toll Brothers, Inc. (NYSE:TOL) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 3,650 shares of the construction company’s stock, valued at approximately $460,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Larson Financial Group LLC increased its holdings in Toll Brothers by 57.9% during the third quarter. Larson Financial Group LLC now owns 180 shares of the construction company’s stock worth $28,000 after buying an additional 66 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in Toll Brothers by 34.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 293 shares of the construction company’s stock worth $37,000 after buying an additional 75 shares during the last quarter. Nilsine Partners LLC increased its holdings in Toll Brothers by 0.5% during the fourth quarter. Nilsine Partners LLC now owns 19,319 shares of the construction company’s stock worth $2,433,000 after buying an additional 88 shares during the last quarter. Versant Capital Management Inc increased its holdings in Toll Brothers by 15.1% during the fourth quarter. Versant Capital Management Inc now owns 700 shares of the construction company’s stock worth $88,000 after buying an additional 92 shares during the last quarter. Finally, CIBC Asset Management Inc increased its holdings in Toll Brothers by 3.7% during the third quarter. CIBC Asset Management Inc now owns 3,054 shares of the construction company’s stock worth $472,000 after buying an additional 109 shares during the last quarter. 91.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TOL has been the topic of several research reports. StockNews.com downgraded shares of Toll Brothers from a “hold” rating to a “sell” rating in a report on Wednesday. Royal Bank of Canada decreased their price objective on shares of Toll Brothers from $142.00 to $139.00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. UBS Group decreased their price objective on shares of Toll Brothers from $185.00 to $183.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. Keefe, Bruyette & Woods decreased their price objective on shares of 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, Oppenheimer decreased their price objective on shares of Toll Brothers from $189.00 to $165.00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Toll Brothers currently has a consensus rating of “Moderate Buy” and a consensus price target of $147.57.

Toll Brothers Trading Up 0.1 %

TOL opened at $107.13 on Friday. Toll Brothers, Inc. has a twelve month low of $102.49 and a twelve month high of $169.52. The company has a 50-day simple moving average of $121.56 and a 200 day simple moving average of $137.79. The company has a quick ratio of 0.80, a current ratio of 4.65 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $10.70 billion, a price-to-earnings ratio of 7.37, a P/E/G ratio of 1.02 and a beta of 1.77.

Toll Brothers (NYSE:TOL) last posted its quarterly earnings data on Tuesday, February 18th. The construction company reported $1.75 earnings per share 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 firm had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.91 billion. Analysts predict that Toll Brothers, Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be given a dividend of $0.25 per share. This is a boost from Toll Brothers’s previous quarterly dividend of $0.23. The ex-dividend date is Friday, April 11th. This represents a $1.00 annualized dividend and a yield of 0.93%. Toll Brothers’s dividend payout ratio is currently 6.88%.

Insider Buying and Selling

In related news, CFO Martin P. Connor sold 11,140 shares of the company’s stock in a transaction dated Monday, December 30th. The shares were 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 $2,599,311.26. This represents a 35.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Christine Garvey sold 420 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $110.58, for a total transaction of $46,443.60. Following the completion of the transaction, the director now directly owns 13,186 shares of the company’s stock, valued at $1,458,107.88. This trade represents a 3.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 11,785 shares of company stock valued at $1,479,185 over the last quarter. 1.54% of the stock is owned by company insiders.

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.