3,650 Shares in Toll Brothers, Inc. (NYSE:TOL) Bought by Blueshift Asset Management LLC

Blueshift Asset Management LLC bought a new stake in Toll Brothers, Inc. (NYSE:TOL - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,650 shares of the construction company's stock, valued at approximately $460,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. ORG Partners LLC acquired a new position in shares of Toll Brothers during the fourth quarter worth approximately $25,000. Brooklyn Investment Group bought a new stake in Toll Brothers during the 3rd quarter valued at $27,000. Larson Financial Group LLC raised its holdings in 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 buying an additional 66 shares during the last quarter. Promus Capital LLC bought a new position in shares of Toll Brothers in the fourth quarter valued at $29,000. Finally, IAG Wealth Partners LLC grew its holdings in shares of Toll Brothers by 1,034.8% during the fourth quarter. IAG Wealth Partners LLC now owns 261 shares of the construction company's stock valued at $33,000 after buying an additional 238 shares during the last quarter. 91.76% of the stock is owned by institutional investors.

Toll Brothers Stock Performance

NYSE:TOL traded up $0.85 during trading hours on Tuesday, reaching $111.07. The stock had a trading volume of 1,836,898 shares, compared to its average volume of 1,429,432. The stock has a market cap of $11.09 billion, a P/E ratio of 7.64, a price-to-earnings-growth ratio of 1.02 and a beta of 1.77. The stock has a 50 day simple moving average of $120.90 and a 200 day simple moving average of $137.30. 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, Inc. has a 12-month low of $102.49 and a 12-month high of $169.52.

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Toll Brothers (NYSE:TOL - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The construction company reported $1.75 earnings per share for the quarter, missing the consensus estimate of $1.99 by ($0.24). The firm had revenue of $1.86 billion during the quarter, compared to analysts' expectations of $1.91 billion. Toll Brothers had a return on equity of 18.32% and a net margin of 14.03%. On average, research analysts forecast that Toll Brothers, Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be paid a dividend of $0.25 per share. This is a boost from Toll Brothers's previous quarterly dividend of $0.23. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date of this dividend is Friday, April 11th. Toll Brothers's dividend payout ratio is presently 6.88%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on TOL. StockNews.com cut shares of Toll Brothers from a "hold" rating to a "sell" rating in a research report on Wednesday, March 19th. Barclays dropped their target price on Toll Brothers from $115.00 to $101.00 and set an "underweight" rating on the stock in a report on Tuesday, February 25th. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $150.00 price target (down previously from $166.00) on shares of Toll Brothers in a report on Friday, December 13th. Oppenheimer dropped their price objective on Toll Brothers from $189.00 to $165.00 and set an "outperform" rating on the stock in a research note on Thursday, February 20th. Finally, Citigroup reduced their target price on shares of Toll Brothers from $155.00 to $137.00 and set a "neutral" rating for the company in a research note on Monday, January 6th. Two 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 data from MarketBeat, Toll Brothers presently has an average rating of "Moderate Buy" and an average target price of $147.57.

Insider Buying and Selling

In other Toll Brothers news, CFO Martin P. Connor sold 11,140 shares of the firm's stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $126.07, for a total value of $1,404,419.80. Following the completion of the transaction, the chief financial officer now owns 20,618 shares in the company, valued at $2,599,311.26. This trade represents a 35.08 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Christine Garvey sold 204 shares of the company's stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $125.78, for a total value of $25,659.12. Following the sale, the director now owns 7,728 shares in the company, valued at approximately $972,027.84. This represents a 2.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,764 shares of company stock valued at $1,476,523. 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.