Toll Brothers, Inc. (NYSE:TOL) Holdings Raised by Burney Co.

Burney Co. increased its stake in shares of Toll Brothers, Inc. (NYSE:TOL) by 6.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 339,856 shares of the construction company’s stock after buying an additional 19,373 shares during the period. Toll Brothers accounts for approximately 1.5% of Burney Co.’s portfolio, making the stock its 9th largest holding. Burney Co.’s holdings in Toll Brothers were worth $42,805,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Larson Financial Group LLC increased its position in shares of 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 acquiring an additional 66 shares during the period. First Trust Direct Indexing L.P. increased its position in shares of Toll Brothers by 1.4% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 5,089 shares of the construction company’s stock valued at $786,000 after purchasing an additional 72 shares during the last quarter. First Citizens Bank & Trust Co. raised its holdings in shares of Toll Brothers by 3.7% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 2,351 shares of the construction company’s stock valued at $363,000 after purchasing an additional 83 shares in the last quarter. Versant Capital Management Inc lifted its position in shares of Toll Brothers by 15.1% during the 4th quarter. Versant Capital Management Inc now owns 700 shares of the construction company’s stock worth $88,000 after purchasing an additional 92 shares during the last quarter. Finally, Evergreen Capital Management LLC increased its holdings in Toll Brothers by 4.1% in the second quarter. Evergreen Capital Management LLC now owns 2,749 shares of the construction company’s stock valued at $317,000 after buying an additional 109 shares during the last quarter. Institutional investors and hedge funds own 91.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on TOL shares. UBS Group decreased their price target on Toll Brothers from $192.00 to $185.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. Oppenheimer reiterated an “outperform” rating and issued a $189.00 price target on shares of Toll Brothers in a research note on Thursday, December 12th. Wells Fargo & Company raised their price objective on shares of Toll Brothers from $163.00 to $170.00 and gave the stock an “overweight” rating in a report on Friday, September 27th. Wedbush restated an “outperform” rating and issued a $175.00 target price on shares of Toll Brothers in a report on Wednesday, December 11th. Finally, Evercore ISI boosted their price target on shares of Toll Brothers from $181.00 to $184.00 and gave the company an “outperform” rating in a research report on Wednesday, December 11th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Toll Brothers currently has an average rating of “Moderate Buy” and a consensus price target of $158.07.

Toll Brothers Trading Up 3.9 %

Shares of TOL stock opened at $136.02 on Wednesday. The company has a market capitalization of $13.61 billion, a P/E ratio of 9.05, a price-to-earnings-growth ratio of 1.00 and a beta of 1.74. The company has a current ratio of 4.92, a quick ratio of 0.57 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $142.46 and its two-hundred day moving average is $140.79. Toll Brothers, Inc. has a twelve month low of $95.46 and a twelve month high of $169.52.

Toll Brothers (NYSE:TOL) last posted its quarterly earnings data on Monday, December 9th. The construction company reported $4.63 earnings per share for the quarter, beating analysts’ consensus estimates of $4.34 by $0.29. The firm had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.17 billion. Toll Brothers had a net margin of 14.48% and a return on equity of 19.64%. Toll Brothers’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period last year, the firm posted $4.11 EPS. Equities analysts forecast that Toll Brothers, Inc. will post 14.57 EPS for the current year.

Toll Brothers Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 24th. Investors of record on Friday, January 10th will be issued a dividend of $0.23 per share. The ex-dividend date is Friday, January 10th. This represents a $0.92 annualized dividend and a yield of 0.68%. Toll Brothers’s dividend payout ratio is currently 6.12%.

Insider Activity at Toll Brothers

In other news, Director Paul E. Shapiro sold 3,837 shares of the company’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $134.14, for a total transaction of $514,695.18. Following the transaction, the director now directly owns 119,937 shares of the company’s stock, valued at $16,088,349.18. This represents a 3.10 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Christine Garvey sold 204 shares of the firm’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 trade represents a 2.57 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,202 shares of company stock worth $1,947,436 over the last 90 days. Company 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.