Toll Brothers, Inc. (NYSE:TOL) Receives Consensus Rating of "Moderate Buy" from Brokerages

Toll Brothers, Inc. (NYSE:TOL - Get Free Report) has received an average recommendation of "Moderate Buy" from the fifteen research firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, eight have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $156.00.

Several equities analysts have commented on TOL shares. Barclays dropped their target price on shares of Toll Brothers from $135.00 to $115.00 and set an "underweight" rating on the stock in a research report on Thursday, January 16th. UBS Group reduced their price objective on Toll Brothers from $192.00 to $185.00 and set a "buy" rating for the company in a research note on Wednesday, January 8th. Keefe, Bruyette & Woods cut Toll Brothers from an "outperform" rating to a "market perform" rating and lowered their target price for the stock from $168.00 to $164.00 in a research note on Tuesday, December 10th. Citigroup decreased their price objective 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. Finally, Oppenheimer reiterated an "outperform" rating and issued a $189.00 target price on shares of Toll Brothers in a research note on Thursday, December 12th.

Insider Buying and Selling at Toll Brothers

In other news, Director Paul E. Shapiro sold 3,837 shares of the company's stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $134.14, for a total value of $514,695.18. Following the completion of the transaction, the director now directly owns 119,937 shares in the company, valued at approximately $16,088,349.18. This represents a 3.10 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Christine Garvey sold 204 shares of the firm's stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $125.78, for a total value of $25,659.12. Following the transaction, the director now directly owns 7,728 shares in the company, 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 15,202 shares of company stock valued at $1,947,436 in the last three months. Company insiders own 1.54% of the company's stock.

Institutional Investors Weigh In On Toll Brothers

Several institutional investors have recently bought and sold shares of the stock. ORG Partners LLC purchased a new stake in shares of Toll Brothers during the fourth quarter valued at approximately $25,000. Capital Performance Advisors LLP purchased a new stake in Toll Brothers during the 3rd quarter valued at $27,000. Brooklyn Investment Group bought a new stake in Toll Brothers in the 3rd quarter worth $27,000. Larson Financial Group LLC raised 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 during the last quarter. Finally, DiNuzzo Private Wealth Inc. boosted its holdings 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 worth $35,000 after purchasing an additional 250 shares during the period. 91.76% of the stock is currently owned by hedge funds and other institutional investors.

Toll Brothers Stock Up 3.5 %

Shares of Toll Brothers stock traded up $4.78 on Thursday, hitting $140.57. The company had a trading volume of 1,721,259 shares, compared to its average volume of 1,486,151. The stock has a market capitalization of $14.06 billion, a price-to-earnings ratio of 9.35, a P/E/G ratio of 1.04 and a beta of 1.74. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.80 and a current ratio of 4.92. Toll Brothers has a 1 year low of $97.45 and a 1 year high of $169.52. The stock has a 50 day moving average of $138.65 and a 200-day moving average of $142.33.

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 analysts' consensus estimates of $4.34 by $0.29. Toll Brothers had a net margin of 14.48% and a return on equity of 19.64%. The firm had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.17 billion. During the same period in the previous year, the firm earned $4.11 EPS. The business's revenue for the quarter was up 10.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Toll Brothers will post 14.25 earnings per share for the current year.

Toll Brothers Announces Dividend

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

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.