De Lisle Partners LLP Buys 2,000 Shares of Toll Brothers, Inc. (NYSE:TOL)

De Lisle Partners LLP grew its stake in Toll Brothers, Inc. (NYSE:TOL) by 10.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,000 shares of the construction company’s stock after acquiring an additional 2,000 shares during the quarter. De Lisle Partners LLP’s holdings in Toll Brothers were worth $3,398,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Capital Performance Advisors LLP bought a new stake in shares of Toll Brothers during the third quarter valued at approximately $27,000. Brooklyn Investment Group bought a new stake in shares of Toll Brothers in the 3rd quarter worth $27,000. Larson Financial Group LLC raised its stake in shares of Toll Brothers by 57.9% in the third quarter. Larson Financial Group LLC now owns 180 shares of the construction company’s stock worth $28,000 after purchasing an additional 66 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Toll Brothers during the second quarter valued at $29,000. Finally, Massmutual Trust Co. FSB ADV boosted its position in shares of Toll Brothers by 114.5% during the second quarter. Massmutual Trust Co. FSB ADV now owns 266 shares of the construction company’s stock valued at $31,000 after buying an additional 142 shares during the last quarter. 91.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Toll Brothers news, CEO Douglas C. Jr. Yearley sold 25,000 shares of the stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of $158.23, for a total transaction of $3,955,750.00. Following the completion of the sale, the chief executive officer now directly owns 221,382 shares of the company’s stock, valued at $35,029,273.86. This trade represents a 10.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director John A. Mclean sold 1,000 shares of Toll Brothers stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $151.10, for a total transaction of $151,100.00. Following the completion of the sale, the director now owns 9,944 shares in the company, valued at approximately $1,502,538.40. This represents a 9.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 128,673 shares of company stock worth $19,684,387. 1.54% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on TOL shares. Oppenheimer upped their target price on shares of Toll Brothers from $168.00 to $189.00 and gave the company an “outperform” rating in a research note on Wednesday, October 2nd. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $142.00 target price on shares of Toll Brothers in a research report on Wednesday, August 21st. Royal Bank of Canada boosted their target price on shares of Toll Brothers from $130.00 to $143.00 and gave the company an “outperform” rating in a research note on Thursday, August 22nd. StockNews.com lowered Toll Brothers from a “buy” rating to a “hold” rating in a report on Wednesday, September 11th. Finally, Seaport Res Ptn downgraded Toll Brothers from a “hold” rating to a “strong sell” rating in a report on Sunday, August 4th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $148.87.

Toll Brothers Trading Up 0.4 %

Shares of Toll Brothers stock opened at $164.80 on Thursday. Toll Brothers, Inc. has a fifty-two week low of $84.40 and a fifty-two week high of $169.52. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.57 and a current ratio of 4.52. The company has a market capitalization of $16.64 billion, a P/E ratio of 11.36, a P/E/G ratio of 1.26 and a beta of 1.68. The company has a fifty day moving average of $152.99 and a 200 day moving average of $137.05.

Toll Brothers Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Friday, October 11th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date was Friday, October 11th. Toll Brothers’s dividend payout ratio (DPR) is 6.34%.

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.