denkapparat Operations GmbH Buys Shares of 2,300 Toll Brothers, Inc. (NYSE:TOL)

denkapparat Operations GmbH acquired a new stake in shares of Toll Brothers, Inc. (NYSE:TOL - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 2,300 shares of the construction company's stock, valued at approximately $290,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Larson Financial Group LLC lifted its position in 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 during the period. Smartleaf Asset Management LLC grew its stake in shares of Toll Brothers by 34.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 293 shares of the construction company's stock worth $37,000 after acquiring an additional 75 shares during the last quarter. Nilsine Partners LLC increased its holdings in shares of Toll Brothers by 0.5% during the fourth quarter. Nilsine Partners LLC now owns 19,319 shares of the construction company's stock valued at $2,433,000 after acquiring an additional 88 shares in the last quarter. Versant Capital Management Inc raised its position in shares of Toll Brothers by 15.1% in 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, Principal Securities Inc. boosted its stake in Toll Brothers by 25.2% in the 4th quarter. Principal Securities Inc. now owns 541 shares of the construction company's stock worth $68,000 after purchasing an additional 109 shares in the last quarter. Hedge funds and other institutional investors own 91.76% of the company's stock.

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Toll Brothers Price Performance

TOL stock traded up $0.18 during trading on Tuesday, hitting $105.77. 297,795 shares of the company's stock traded hands, compared to its average volume of 1,463,748. The business has a fifty day simple moving average of $118.31 and a 200 day simple moving average of $136.16. Toll Brothers, Inc. has a 52 week low of $101.50 and a 52 week 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. The stock has a market capitalization of $10.57 billion, a price-to-earnings ratio of 7.28, a P/E/G ratio of 1.02 and a beta of 1.77.

Toll Brothers (NYSE:TOL - Get Free Report) last issued 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 company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.91 billion. Toll Brothers had a return on equity of 18.32% and a net margin of 14.03%. As a group, research analysts expect that Toll Brothers, Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be given a $0.25 dividend. This is a positive change from Toll Brothers's previous quarterly dividend of $0.23. This represents a $1.00 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date is Friday, April 11th. Toll Brothers's dividend payout ratio is 6.88%.

Insiders Place Their Bets

In other Toll Brothers news, Director Christine Garvey sold 420 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $110.58, for a total value of $46,443.60. Following the sale, the director now owns 13,186 shares in the company, valued at $1,458,107.88. This trade represents a 3.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.54% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on TOL shares. Wedbush reiterated an "outperform" rating and issued a $175.00 target price on shares of Toll Brothers in a research note on Friday, February 14th. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $150.00 price objective (down from $166.00) on shares of Toll Brothers in a report on Friday, December 13th. Barclays dropped their target price on shares of Toll Brothers from $115.00 to $101.00 and set an "underweight" rating on the stock in a report on Tuesday, February 25th. Royal Bank of Canada decreased their target price on shares of Toll Brothers from $142.00 to $139.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. Finally, The Goldman Sachs Group cut their price objective on Toll Brothers from $143.00 to $125.00 and set a "neutral" rating for the company in a report on Thursday, February 20th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Toll Brothers currently has an average rating of "Moderate Buy" and a consensus target price of $147.57.

Toll Brothers Company 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.