Analysts Set Toll Brothers, Inc. (NYSE:TOL) Price Target at $144.79

Toll Brothers, Inc. (NYSE:TOL - Get Free Report) has earned an average rating of "Moderate Buy" from the fifteen analysts that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, eight have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $144.79.

Several research firms have recently weighed in on TOL. UBS Group reduced their price target on Toll Brothers from $185.00 to $183.00 and set a "buy" rating on the stock in a report on Thursday, February 20th. Keefe, Bruyette & Woods reduced their target price on shares of Toll Brothers from $164.00 to $132.00 and set a "market perform" rating on the stock in a report on Tuesday, February 25th. Citigroup reduced their price objective on shares of Toll Brothers from $155.00 to $137.00 and set a "neutral" rating on the stock in a research note on Monday, January 6th. Wells Fargo & Company reduced their price target on Toll Brothers from $150.00 to $120.00 and set an "overweight" rating on the stock in a research report on Monday. Finally, StockNews.com upgraded Toll Brothers from a "sell" rating to a "hold" rating in a research report on Saturday, April 5th.

Insider Buying and Selling

In other news, Director Christine Garvey sold 420 shares of the company's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $110.58, for a total transaction of $46,443.60. Following the transaction, the director now owns 13,186 shares in the company, valued at approximately $1,458,107.88. This represents a 3.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.54% of the stock is owned by insiders.

Institutional Trading of Toll Brothers

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TOL. ORG Partners LLC acquired a new stake in Toll Brothers in the fourth quarter valued at approximately $25,000. Lee Danner & Bass Inc. bought a new position in shares of Toll Brothers in the 4th quarter worth $27,000. Promus Capital LLC acquired a new stake in Toll Brothers in the 4th quarter valued at $29,000. Sound Income Strategies LLC increased its stake in Toll Brothers by 84.2% during the 1st quarter. Sound Income Strategies LLC now owns 245 shares of the construction company's stock valued at $26,000 after purchasing an additional 112 shares in the last quarter. Finally, IAG Wealth Partners LLC raised its holdings in Toll Brothers by 1,034.8% during the fourth quarter. IAG Wealth Partners LLC now owns 261 shares of the construction company's stock worth $33,000 after buying an additional 238 shares during the last quarter. 91.76% of the stock is owned by institutional investors.

Toll Brothers Price Performance

Shares of Toll Brothers stock traded up $2.06 during trading on Tuesday, reaching $93.87. 1,437,255 shares of the company's stock were exchanged, compared to its average volume of 1,531,070. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.80 and a current ratio of 4.65. The company has a market cap of $9.38 billion, a P/E ratio of 6.46, a PEG ratio of 1.02 and a beta of 1.48. Toll Brothers has a 1-year low of $86.67 and a 1-year high of $169.52. The firm's 50-day moving average price is $106.79 and its 200 day moving average price is $130.70.

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 the consensus estimate of $1.99 by ($0.24). Toll Brothers had a net margin of 14.03% and a return on equity of 18.32%. The firm had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.91 billion. As a group, research analysts anticipate that Toll Brothers will post 13.83 earnings per share for the current year.

Toll Brothers Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Investors 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 1.07%. The ex-dividend date is Friday, April 11th. This is an increase from Toll Brothers's previous quarterly dividend of $0.23. Toll Brothers's payout ratio is presently 6.88%.

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.