Kingswood Wealth Advisors LLC Boosts Stake in Toll Brothers, Inc. (NYSE:TOL)

Kingswood Wealth Advisors LLC raised its stake in shares of Toll Brothers, Inc. (NYSE:TOL - Free Report) by 69.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,730 shares of the construction company's stock after purchasing an additional 2,344 shares during the period. Kingswood Wealth Advisors LLC's holdings in Toll Brothers were worth $722,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Capital Performance Advisors LLP bought a new position in Toll Brothers during the 3rd quarter worth about $27,000. Brooklyn Investment Group purchased a new position in shares of Toll Brothers during the 3rd quarter valued at about $27,000. Larson Financial Group LLC grew its position in 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 buying an additional 66 shares during the period. ORG Partners LLC acquired a new position in Toll Brothers in the 4th quarter worth about $25,000. Finally, UMB Bank n.a. grew its stake in Toll Brothers by 323.4% in the 3rd quarter. UMB Bank n.a. now owns 271 shares of the construction company's stock valued at $42,000 after acquiring an additional 207 shares during the period. 91.76% of the stock is currently owned by institutional investors.

Insider Transactions at Toll Brothers

In other news, CFO Martin P. Connor sold 11,140 shares of the business's stock in a transaction that occurred on Monday, December 30th. The shares were 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 directly owns 20,618 shares in the company, valued at approximately $2,599,311.26. The trade was a 35.08 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Paul E. Shapiro sold 3,837 shares of the firm's stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $134.14, for a total transaction of $514,695.18. Following the completion of the sale, the director now owns 119,937 shares in the company, valued at $16,088,349.18. This represents a 3.10 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,202 shares of company stock valued at $1,947,436 over the last three months. 1.54% of the stock is currently owned by corporate insiders.

Toll Brothers Stock Up 3.5 %

Shares of TOL stock traded up $4.81 on Thursday, hitting $140.60. The company's stock had a trading volume of 632,029 shares, compared to its average volume of 1,433,233. The firm's fifty day moving average price is $138.65 and its 200-day moving average price is $142.33. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.92 and a quick ratio of 0.80. Toll Brothers, Inc. has a fifty-two week low of $97.45 and a fifty-two week high of $169.52. The stock has a market capitalization of $14.07 billion, a price-to-earnings ratio of 9.36, a P/E/G ratio of 1.04 and a beta of 1.74.

Toll Brothers (NYSE:TOL - Get Free Report) last posted its quarterly earnings data on Monday, December 9th. The construction company reported $4.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.34 by $0.29. Toll Brothers had a net margin of 14.48% and a return on equity of 19.64%. The business had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.17 billion. During the same period in the prior year, the firm earned $4.11 EPS. Toll Brothers's quarterly revenue was up 10.4% compared to the same quarter last year. Research analysts anticipate that Toll Brothers, Inc. will post 14.25 EPS for the current year.

Toll Brothers Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 10th were paid a $0.23 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.65%. Toll Brothers's dividend payout ratio (DPR) is presently 6.12%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on TOL shares. Wedbush reissued an "outperform" rating and set a $175.00 price objective on shares of Toll Brothers in a research note on Wednesday, December 11th. Royal Bank of Canada raised their price target on shares of Toll Brothers from $143.00 to $150.00 and gave the company an "outperform" rating in a research report on Wednesday, December 11th. Bank of America decreased their price target on shares of Toll Brothers from $165.00 to $156.00 and set a "buy" rating for the company in a research note on Monday. Evercore ISI increased their price target on shares of Toll Brothers from $181.00 to $184.00 and gave the company an "outperform" rating in a research note on Wednesday, December 11th. Finally, Barclays cut their target price on shares of Toll Brothers from $135.00 to $115.00 and set an "underweight" rating on the stock in a report on Thursday, January 16th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $156.00.

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.