Toll Brothers, Inc. (NYSE:TOL) Shares Acquired by Inceptionr LLC

Inceptionr LLC lifted its holdings in shares of Toll Brothers, Inc. (NYSE:TOL) by 174.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,941 shares of the construction company’s stock after acquiring an additional 8,859 shares during the quarter. Inceptionr LLC’s holdings in Toll Brothers were worth $1,756,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Capital Performance Advisors LLP acquired a new position in shares of Toll Brothers during the 3rd quarter valued at $27,000. Brooklyn Investment Group acquired a new position in shares of Toll Brothers during the 3rd quarter valued at $27,000. Larson Financial Group LLC lifted its holdings in shares of Toll Brothers by 57.9% during the 3rd quarter. Larson Financial Group LLC now owns 180 shares of the construction company’s stock valued at $28,000 after acquiring an additional 66 shares in the last quarter. ORG Partners LLC acquired a new position in shares of Toll Brothers during the 4th quarter valued at $25,000. Finally, Promus Capital LLC acquired a new position in shares of Toll Brothers during the 4th quarter valued at $29,000. Institutional investors and hedge funds own 91.76% of the company’s stock.

Toll Brothers Price Performance

TOL opened at $110.66 on Thursday. The company has a 50-day moving average of $125.82 and a 200-day moving average of $140.44. The company has a market capitalization of $11.05 billion, a P/E ratio of 7.62, a PEG ratio of 1.02 and a beta of 1.77. Toll Brothers, Inc. has a 1-year low of $105.73 and a 1-year high of $169.52. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.80 and a current ratio of 4.65.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings data on Tuesday, February 18th. The construction company reported $1.75 earnings per share 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 the consensus estimate of $1.91 billion. Equities analysts expect that Toll Brothers, Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 10th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date was Friday, January 10th. Toll Brothers’s dividend payout ratio is presently 6.33%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TOL. Oppenheimer dropped their price target on shares of Toll Brothers from $189.00 to $165.00 and set an “outperform” rating on the stock in a research note on Thursday, February 20th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $150.00 price target (down previously from $166.00) on shares of Toll Brothers in a research note on Friday, December 13th. Citigroup dropped their price target on shares of Toll Brothers from $155.00 to $137.00 and set a “neutral” rating on the stock in a research note on Monday, January 6th. UBS Group dropped their price target on shares of Toll Brothers from $185.00 to $183.00 and set a “buy” rating on the stock in a research note on Thursday, February 20th. Finally, The Goldman Sachs Group dropped their price target on shares of Toll Brothers from $143.00 to $125.00 and set a “neutral” rating on the stock in a research note on Thursday, February 20th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Toll Brothers currently has a consensus rating of “Moderate Buy” and a consensus price target of $147.57.

Insider Activity at Toll Brothers

In related news, Director Christine Garvey sold 204 shares of the business’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $125.78, for a total transaction of $25,659.12. Following the completion of the sale, the director now owns 7,728 shares of the company’s stock, valued at $972,027.84. This represents a 2.57 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Martin P. Connor sold 11,140 shares of the business’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 sale, the chief financial officer now directly owns 20,618 shares of the company’s stock, valued at approximately $2,599,311.26. This represents a 35.08 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,622 shares of company stock valued at $1,993,880 in the last quarter. 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.