Yousif Capital Management LLC Sells 269 Shares of Toll Brothers, Inc. (NYSE:TOL)

Yousif Capital Management LLC trimmed its stake in Toll Brothers, Inc. (NYSE:TOL) by 0.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 52,721 shares of the construction company’s stock after selling 269 shares during the quarter. Yousif Capital Management LLC owned about 0.05% of Toll Brothers worth $5,419,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of TOL. CWM LLC grew its holdings in Toll Brothers by 48.9% in the third quarter. CWM LLC now owns 2,371 shares of the construction company’s stock worth $175,000 after purchasing an additional 779 shares during the period. IFP Advisors Inc grew its holdings in shares of Toll Brothers by 87.1% during the third quarter. IFP Advisors Inc now owns 494 shares of the construction company’s stock valued at $37,000 after buying an additional 230 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of Toll Brothers by 82.1% during the third quarter. SG Americas Securities LLC now owns 2,724 shares of the construction company’s stock valued at $201,000 after buying an additional 1,228 shares during the last quarter. State of Alaska Department of Revenue grew its holdings in shares of Toll Brothers by 1.8% during the third quarter. State of Alaska Department of Revenue now owns 12,996 shares of the construction company’s stock valued at $961,000 after buying an additional 235 shares during the last quarter. Finally, Oak Thistle LLC acquired a new position in shares of Toll Brothers during the third quarter valued at about $571,000. 91.76% of the stock is currently owned by institutional investors and hedge funds.

Toll Brothers Stock Performance

Shares of TOL stock opened at $117.34 on Friday. The firm has a market cap of $12.22 billion, a price-to-earnings ratio of 9.07, a P/E/G ratio of 0.99 and a beta of 1.66. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 4.95. Toll Brothers, Inc. has a 52 week low of $61.17 and a 52 week high of $130.63. The firm’s 50-day simple moving average is $118.59 and its two-hundred day simple moving average is $100.20.

Toll Brothers (NYSE:TOL) last posted its quarterly earnings results on Wednesday, February 21st. The construction company reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.77 by $0.48. Toll Brothers had a net margin of 13.97% and a return on equity of 21.04%. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.88 billion. During the same quarter in the previous year, the firm posted $1.70 earnings per share. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. As a group, equities analysts forecast that Toll Brothers, Inc. will post 13.71 earnings per share for the current year.

Toll Brothers Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Friday, April 5th were given a $0.23 dividend. The ex-dividend date was Thursday, April 4th. This represents a $0.92 annualized dividend and a dividend yield of 0.78%. This is a positive change from Toll Brothers’s previous quarterly dividend of $0.21. Toll Brothers’s payout ratio is 7.11%.

Insider Activity

In related news, Director Stephen F. East sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $119.32, for a total transaction of $178,980.00. Following the completion of the transaction, the director now owns 9,389 shares of the company’s stock, valued at $1,120,295.48. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, Director Carl B. Marbach sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $118.02, for a total transaction of $1,180,200.00. Following the completion of the transaction, the director now owns 34,069 shares of the company’s stock, valued at $4,020,823.38. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Stephen F. East sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $119.32, for a total transaction of $178,980.00. Following the transaction, the director now directly owns 9,389 shares of the company’s stock, valued at approximately $1,120,295.48. The disclosure for this sale can be found here. Insiders have sold a total of 66,500 shares of company stock valued at $7,881,930 over the last quarter. Company insiders own 1.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TOL. Wedbush reiterated a “neutral” rating and set a $87.00 price objective on shares of Toll Brothers in a report on Wednesday, February 21st. Wolfe Research upgraded shares of Toll Brothers from a “peer perform” rating to an “outperform” rating and set a $118.00 price objective for the company in a report on Monday, January 8th. Seaport Res Ptn cut shares of Toll Brothers from a “buy” rating to a “neutral” rating in a report on Monday, January 22nd. Barclays boosted their price target on shares of Toll Brothers from $95.00 to $115.00 and gave the stock an “underweight” rating in a report on Monday, February 26th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Toll Brothers from $127.00 to $128.00 and gave the stock an “overweight” rating in a report on Friday, February 23rd. Two analysts have rated the stock with a sell rating, three have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Toll Brothers presently has an average rating of “Moderate Buy” and an average price target of $113.80.

About Toll Brothers

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.