Guggenheim Capital LLC Has $558,000 Stock Position in Toll Brothers, Inc. (NYSE:TOL)

Guggenheim Capital LLC lessened its position in shares of Toll Brothers, Inc. (NYSE:TOL - Free Report) by 73.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,432 shares of the construction company's stock after selling 12,096 shares during the period. Guggenheim Capital LLC's holdings in Toll Brothers were worth $558,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. ORG Partners LLC acquired a new position in Toll Brothers during the fourth quarter worth $25,000. Lee Danner & Bass Inc. bought a new position in Toll Brothers during the fourth quarter worth about $27,000. Promus Capital LLC acquired a new position in shares of Toll Brothers during the 4th quarter worth approximately $29,000. IAG Wealth Partners LLC raised its stake in Toll Brothers by 1,034.8% in the 4th quarter. IAG Wealth Partners LLC now owns 261 shares of the construction company's stock valued at $33,000 after acquiring an additional 238 shares during the period. Finally, DiNuzzo Private Wealth Inc. increased its holdings in shares of Toll Brothers by 806.5% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 281 shares of the construction company's stock valued at $35,000 after purchasing an additional 250 shares during the last quarter. 91.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Toll Brothers news, Director Christine Garvey sold 420 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $110.58, for a total transaction of $46,443.60. Following the completion of the sale, the director now directly owns 13,186 shares in the company, valued at approximately $1,458,107.88. This trade represents a 3.09 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.54% of the stock is owned by insiders.

Toll Brothers Stock Down 1.0 %

Shares of NYSE:TOL opened at $100.00 on Friday. The business has a fifty day simple moving average of $103.64 and a 200 day simple moving average of $128.42. Toll Brothers, Inc. has a 12-month low of $86.67 and a 12-month high of $169.52. The firm has a market cap of $9.99 billion, a P/E ratio of 6.88, a P/E/G ratio of 1.02 and a beta of 1.48. The company has a quick ratio of 0.80, a current ratio of 4.65 and a debt-to-equity ratio of 0.35.

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

Toll Brothers Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were given a dividend of $0.25 per share. The ex-dividend date was Friday, April 11th. This is a boost from Toll Brothers's previous quarterly dividend of $0.23. This represents a $1.00 annualized dividend and a dividend yield of 1.00%. Toll Brothers's dividend payout ratio is 6.88%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Seaport Res Ptn upgraded Toll Brothers from a "strong sell" rating to a "hold" rating in a report on Monday, January 27th. Barclays cut their price target on Toll Brothers from $101.00 to $92.00 and set an "underweight" rating for the company in a research note on Tuesday, April 8th. Citigroup reduced their target price on Toll Brothers from $155.00 to $137.00 and set a "neutral" rating on the stock in a report on Monday, January 6th. Royal Bank of Canada cut their price target on shares of Toll Brothers from $142.00 to $139.00 and set an "outperform" rating for the company in a report on Thursday, February 20th. Finally, StockNews.com cut Toll Brothers from a "hold" rating to a "sell" rating in a report on Friday. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $144.79.

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.

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