Jackson Hill Advisors LLC Boosts Stock Holdings in Toll Brothers, Inc. (NYSE:TOL)

Jackson Hill Advisors LLC boosted its stake in Toll Brothers, Inc. (NYSE:TOL - Free Report) by 9.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 95,000 shares of the construction company's stock after purchasing an additional 8,500 shares during the period. Toll Brothers makes up about 6.0% of Jackson Hill Advisors LLC's investment portfolio, making the stock its 10th biggest holding. Jackson Hill Advisors LLC owned approximately 0.10% of Toll Brothers worth $11,965,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. ORG Partners LLC acquired a new stake in shares of Toll Brothers in the fourth quarter valued at about $25,000. Brooklyn Investment Group acquired a new stake in Toll Brothers in the third quarter valued at approximately $27,000. Lee Danner & Bass Inc. acquired a new stake in Toll Brothers during the 4th quarter valued at $27,000. Larson Financial Group LLC grew its stake 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 valued at $28,000 after acquiring an additional 66 shares in the last quarter. Finally, Promus Capital LLC purchased a new stake in shares of Toll Brothers during the fourth quarter worth about $29,000. 91.76% of the stock is owned by hedge funds and other institutional investors.

Toll Brothers Stock Performance

NYSE TOL traded up $0.85 during trading hours on Tuesday, hitting $111.07. The company had a trading volume of 1,795,571 shares, compared to its average volume of 1,429,432. The company has a quick ratio of 0.80, a current ratio of 4.65 and a debt-to-equity ratio of 0.35. The firm 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. Toll Brothers, Inc. has a fifty-two week low of $102.49 and a fifty-two week high of $169.52. The business has a fifty day simple moving average of $120.90 and a 200-day simple moving average of $137.30.

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Toll Brothers (NYSE:TOL - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The construction company reported $1.75 earnings per share for the quarter, missing analysts' consensus estimates of $1.99 by ($0.24). The firm 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%. Equities analysts predict that Toll Brothers, Inc. will post 13.83 EPS for the current year.

Toll Brothers Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be given a dividend of $0.25 per share. 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. This is an increase from Toll Brothers's previous quarterly dividend of $0.23. Toll Brothers's dividend payout ratio is 6.88%.

Analysts Set New Price Targets

A number of research analysts recently commented on TOL shares. UBS Group reduced their price target on Toll Brothers from $185.00 to $183.00 and set a "buy" rating for the company in a report on Thursday, February 20th. Evercore ISI raised their price target on shares of Toll Brothers from $181.00 to $184.00 and gave the stock an "outperform" rating in a research report on Wednesday, December 11th. Bank of America cut their price target on shares of Toll Brothers from $156.00 to $140.00 and set a "buy" rating on the stock in a report on Thursday, February 20th. Wedbush reissued an "outperform" rating and set a $175.00 price objective on shares of Toll Brothers in a report on Friday, February 14th. Finally, Royal Bank of Canada cut their target price on shares of Toll Brothers from $142.00 to $139.00 and set an "outperform" rating on the stock in a research note on Thursday, February 20th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Toll Brothers has an average rating of "Moderate Buy" and an average price target of $147.57.

Insider Transactions at Toll Brothers

In other news, CFO Martin P. Connor sold 11,140 shares of the business's stock in a transaction on Monday, December 30th. The shares were sold at an average price of $126.07, for a total transaction of $1,404,419.80. Following the transaction, the chief financial officer now directly owns 20,618 shares in the company, valued at $2,599,311.26. The trade was a 35.08 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Christine Garvey sold 204 shares of the stock in a transaction on Monday, December 30th. The stock was 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 of the company's stock, 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. Insiders sold a total of 11,764 shares of company stock valued at $1,476,523 over the last quarter. Company insiders own 1.54% of the company's stock.

About Toll Brothers

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.