Toll Brothers, Inc. (NYSE:TOL) Shares Sold by Sei Investments Co.

Sei Investments Co. decreased its holdings in shares of Toll Brothers, Inc. (NYSE:TOL - Free Report) by 16.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 66,355 shares of the construction company's stock after selling 12,705 shares during the quarter. Sei Investments Co. owned approximately 0.07% of Toll Brothers worth $8,357,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TOL. ORG Partners LLC acquired a new position in shares of Toll Brothers in the 4th quarter valued at $25,000. Brooklyn Investment Group purchased a new position in Toll Brothers during the third quarter worth about $27,000. Lee Danner & Bass Inc. purchased a new position in shares of Toll Brothers during the 4th quarter worth approximately $27,000. Larson Financial Group LLC lifted its holdings in shares of Toll Brothers by 57.9% in the 3rd 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. Finally, Promus Capital LLC acquired a new stake in Toll Brothers in the fourth quarter valued at $29,000. 91.76% of the stock is owned by institutional investors and hedge funds.

Toll Brothers Trading Down 0.4 %

Shares of TOL stock traded down $0.40 during mid-day trading on Tuesday, reaching $105.19. The company's stock had a trading volume of 1,298,303 shares, compared to its average volume of 1,467,644. The company's 50 day simple moving average is $118.31 and its 200-day simple moving average is $136.16. 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, Inc. has a 12-month low of $101.50 and a 12-month high of $169.52. The firm has a market capitalization of $10.51 billion, a PE ratio of 7.24, a price-to-earnings-growth ratio of 1.02 and a beta of 1.77.

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Toll Brothers (NYSE:TOL - Get Free Report) last issued 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). Toll Brothers had a return on equity of 18.32% and a net margin of 14.03%. The company had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.91 billion. On average, research analysts predict that Toll Brothers, Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be given a $0.25 dividend. This is an increase from Toll Brothers's previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Friday, April 11th. This represents a $1.00 annualized dividend and a yield of 0.95%. Toll Brothers's dividend payout ratio (DPR) is 6.88%.

Insider Activity

In other news, Director Christine Garvey sold 420 shares of Toll Brothers 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 sale, the director now directly owns 13,186 shares of the company's stock, valued at approximately $1,458,107.88. The trade was a 3.09 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.54% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently commented on TOL. 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. Evercore ISI boosted their target price 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. Keefe, Bruyette & Woods decreased their price target on shares of Toll Brothers from $164.00 to $132.00 and set a "market perform" rating on the stock in a research note on Tuesday, February 25th. Wells Fargo & Company cut their price objective on shares of Toll Brothers from $170.00 to $150.00 and set an "overweight" rating for the company in a research report on Thursday, February 20th. Finally, Seaport Res Ptn raised Toll Brothers from a "strong sell" rating to a "hold" rating in a research note on Monday, January 27th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $147.57.

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.