Toll Brothers, Inc. (NYSE:TOL) Position Boosted by Harvest Investment Services LLC

Harvest Investment Services LLC increased its position in shares of Toll Brothers, Inc. (NYSE:TOL - Free Report) by 932.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,996 shares of the construction company's stock after purchasing an additional 13,543 shares during the quarter. Harvest Investment Services LLC's holdings in Toll Brothers were worth $1,889,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. ORG Partners LLC purchased a new stake in shares of Toll Brothers in the fourth quarter valued at $25,000. Lee Danner & Bass Inc. purchased a new position in Toll Brothers in the 4th quarter valued at about $27,000. Promus Capital LLC acquired a new stake in shares of Toll Brothers during the 4th quarter worth about $29,000. IAG Wealth Partners LLC raised its position in shares of Toll Brothers by 1,034.8% in 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. Finally, DiNuzzo Private Wealth Inc. lifted its stake in shares of Toll Brothers by 806.5% during the fourth quarter. DiNuzzo Private Wealth Inc. now owns 281 shares of the construction company's stock valued at $35,000 after buying an additional 250 shares during the period. 91.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Toll Brothers news, Director Christine Garvey sold 420 shares of Toll Brothers stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $110.58, for a total transaction of $46,443.60. Following the sale, the director now directly owns 13,186 shares in the company, valued at $1,458,107.88. The trade was a 3.09 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.54% of the stock is currently owned by insiders.

Toll Brothers Stock Down 1.0 %

NYSE:TOL traded down $1.06 during mid-day trading on Friday, hitting $100.00. The company had a trading volume of 972,871 shares, compared to its average volume of 1,542,184. Toll Brothers, Inc. has a 1 year low of $86.67 and a 1 year high of $169.52. The business has a fifty day simple moving average of $104.08 and a 200-day simple moving average of $128.78. The company has a current ratio of 4.65, a quick ratio of 0.80 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $9.99 billion, a price-to-earnings ratio of 6.88, a PEG ratio of 1.02 and a beta of 1.48.

Toll Brothers (NYSE:TOL - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The construction company reported $1.75 EPS 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 analyst estimates of $1.91 billion. Toll Brothers had a return on equity of 18.32% and a net margin of 14.03%. Equities analysts forecast that Toll Brothers, Inc. will post 13.83 earnings per share for the current fiscal year.

Toll Brothers Increases Dividend

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

Analysts Set New Price Targets

Several brokerages have weighed in on TOL. Bank of America cut their price target on Toll Brothers from $156.00 to $140.00 and set a "buy" rating for the company in a report on Thursday, February 20th. UBS Group dropped their target price on Toll Brothers from $185.00 to $183.00 and set a "buy" rating for the company in a research note on Thursday, February 20th. Oppenheimer decreased their price target 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. StockNews.com raised shares of Toll Brothers from a "sell" rating to a "hold" rating in a research note on Saturday, April 5th. Finally, Citigroup lowered their target price on shares of Toll Brothers from $155.00 to $137.00 and set a "neutral" rating for the company in a report on Monday, January 6th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $144.79.

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.