Toll Brothers, Inc. (NYSE:TOL) Shares Purchased by Venturi Wealth Management LLC

Venturi Wealth Management LLC grew its stake in shares of Toll Brothers, Inc. (NYSE:TOL) by 47.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,028 shares of the construction company’s stock after acquiring an additional 332 shares during the quarter. Venturi Wealth Management LLC’s holdings in Toll Brothers were worth $129,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of TOL. Creative Planning increased its holdings in shares of Toll Brothers by 11.5% during the third quarter. Creative Planning now owns 10,323 shares of the construction company’s stock valued at $1,595,000 after acquiring an additional 1,063 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Toll Brothers by 111.4% during the third quarter. Blue Trust Inc. now owns 353 shares of the construction company’s stock valued at $55,000 after acquiring an additional 186 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Toll Brothers by 74.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 582 shares of the construction company’s stock valued at $90,000 after acquiring an additional 249 shares in the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of Toll Brothers by 15.0% during the third quarter. Sequoia Financial Advisors LLC now owns 2,154 shares of the construction company’s stock valued at $333,000 after acquiring an additional 281 shares in the last quarter. Finally, Signaturefd LLC increased its holdings in shares of Toll Brothers by 77.0% during the third quarter. Signaturefd LLC now owns 1,673 shares of the construction company’s stock valued at $258,000 after acquiring an additional 728 shares in the last quarter. Institutional investors and hedge funds own 91.76% of the company’s stock.

Toll Brothers Price Performance

Shares of NYSE TOL opened at $111.45 on Friday. The stock has a market capitalization of $11.13 billion, a price-to-earnings ratio of 7.67, a PEG ratio of 1.02 and a beta of 1.76. Toll Brothers, Inc. has a 12 month low of $107.79 and a 12 month high of $169.52. The firm’s 50 day simple moving average is $128.57 and its 200-day simple moving average is $141.37. 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 announced its earnings results on Tuesday, February 18th. The construction company reported $1.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.99 by ($0.24). Toll Brothers had a net margin of 14.03% and a return on equity of 18.32%. The business had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.91 billion. Analysts expect that Toll Brothers, Inc. will post 13.83 EPS for the current year.

Toll Brothers Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 10th were given 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 0.83%. Toll Brothers’s dividend payout ratio (DPR) is 6.33%.

Analyst Ratings Changes

Several equities analysts recently weighed in on TOL shares. Bank of America cut their price target on shares of Toll Brothers from $156.00 to $140.00 and set a “buy” rating on the stock in a report on Thursday. Royal Bank of Canada cut their price target on shares of Toll Brothers from $142.00 to $139.00 and set an “outperform” rating on the stock in a report on Thursday. Seaport Res Ptn upgraded shares of Toll Brothers from a “strong sell” rating to a “hold” rating in a report on Monday, January 27th. UBS Group cut their price target on shares of Toll Brothers from $185.00 to $183.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Wedbush reiterated an “outperform” rating and issued a $175.00 price target on shares of Toll Brothers in a report on Friday, February 14th. One equities research 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.com, Toll Brothers has an average rating of “Moderate Buy” and a consensus target price of $150.86.

Insider Activity

In other news, 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 transaction of $25,659.12. Following the transaction, the director now owns 7,728 shares in the company, valued at $972,027.84. This trade represents a 2.57 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Paul E. Shapiro sold 3,837 shares of the 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 transaction, the director now owns 119,937 shares in the company, valued at $16,088,349.18. This trade 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 quarter. Corporate insiders own 1.54% of the company’s stock.

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.