Toll Brothers, Inc. (NYSE:TOL) Stock Position Raised by Lyell Wealth Management LP

Lyell Wealth Management LP raised its holdings in Toll Brothers, Inc. (NYSE:TOL - Free Report) by 682.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 47,349 shares of the construction company's stock after acquiring an additional 41,299 shares during the period. Lyell Wealth Management LP's holdings in Toll Brothers were worth $5,964,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. ORG Partners LLC acquired a new position in Toll Brothers in the fourth quarter valued at $25,000. Capital Performance Advisors LLP purchased a new stake in Toll Brothers in the 3rd quarter valued at about $27,000. Brooklyn Investment Group acquired a new position in shares of Toll Brothers during the 3rd quarter valued at about $27,000. Larson Financial Group LLC lifted its holdings in shares of Toll Brothers by 57.9% during the 3rd quarter. Larson Financial Group LLC now owns 180 shares of the construction company's stock worth $28,000 after acquiring an additional 66 shares during the period. Finally, DiNuzzo Private Wealth Inc. boosted its position 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 worth $35,000 after acquiring an additional 250 shares during the last quarter. Hedge funds and other institutional investors own 91.76% of the company's stock.

Toll Brothers Stock Performance

Shares of NYSE TOL traded down $3.70 during trading on Friday, reaching $111.45. The stock had a trading volume of 2,213,357 shares, compared to its average volume of 1,760,661. The firm's 50 day moving average price is $129.02 and its two-hundred day moving average price is $141.40. Toll Brothers, Inc. has a one year low of $107.79 and a one year high of $169.52. The stock has a market cap of $11.13 billion, a PE ratio of 7.67, a P/E/G ratio of 0.99 and a beta of 1.76. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.80 and a current ratio of 4.65.

Toll Brothers (NYSE:TOL - Get Free Report) last issued its earnings results 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). Toll Brothers had a return on equity of 18.32% and a net margin of 14.03%. The business had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.91 billion. On average, research analysts forecast that Toll Brothers, Inc. will post 14.15 earnings per share for the current fiscal year.

Toll Brothers Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 10th were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 0.83%. The ex-dividend date was Friday, January 10th. Toll Brothers's payout ratio is currently 6.33%.

Insider Transactions at Toll Brothers

In related news, CFO Martin P. Connor sold 11,140 shares of the firm'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 transaction of $1,404,419.80. Following the transaction, the chief financial officer now owns 20,618 shares in the company, valued at $2,599,311.26. This trade represents a 35.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Christine Garvey sold 204 shares of the company's stock in a transaction that occurred 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 completion of the sale, the director now owns 7,728 shares of the company's stock, valued at $972,027.84. This trade represents a 2.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 15,202 shares of company stock valued at $1,947,436. 1.54% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages recently commented on TOL. Bank of America dropped their price target on shares of Toll Brothers from $156.00 to $140.00 and set a "buy" rating for the company in a research report on Thursday. Seaport Res Ptn raised shares of Toll Brothers from a "strong sell" rating to a "hold" rating in a research report on Monday, January 27th. Evercore ISI lifted their target price on shares of Toll Brothers from $181.00 to $184.00 and gave the company an "outperform" rating in a report on Wednesday, December 11th. Citigroup decreased their price target on shares of Toll Brothers from $155.00 to $137.00 and set a "neutral" rating for the company in a research report on Monday, January 6th. Finally, Barclays cut their price objective on Toll Brothers from $135.00 to $115.00 and set an "underweight" rating on the stock in a research report on Thursday, January 16th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $150.86.

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.