Toll Brothers, Inc. (NYSE:TOL) is Sib LLC's 10th Largest Position

Sib LLC reduced its stake in Toll Brothers, Inc. (NYSE:TOL - Free Report) by 3.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,397 shares of the construction company's stock after selling 2,552 shares during the period. Toll Brothers makes up about 4.3% of Sib LLC's investment portfolio, making the stock its 10th biggest holding. Sib LLC owned approximately 0.07% of Toll Brothers worth $8,237,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. ORG Partners LLC bought a new stake in Toll Brothers during the fourth quarter valued at $25,000. Capital Performance Advisors LLP acquired a new stake in Toll Brothers during the third quarter worth about $27,000. Brooklyn Investment Group bought a new position in Toll Brothers in the third quarter worth about $27,000. Larson Financial Group LLC boosted its stake in Toll Brothers by 57.9% in 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 period. Finally, UMB Bank n.a. grew its holdings in shares of Toll Brothers by 323.4% during the third quarter. UMB Bank n.a. now owns 271 shares of the construction company's stock valued at $42,000 after purchasing an additional 207 shares during the last quarter. Institutional investors and hedge funds own 91.76% of the company's stock.

Toll Brothers Price Performance

Shares of NYSE:TOL traded up $1.09 during midday trading on Friday, hitting $135.40. The stock had a trading volume of 1,416,842 shares, compared to its average volume of 1,319,020. The company's 50-day moving average price is $141.28 and its 200-day moving average price is $141.07. The company has a market capitalization of $13.55 billion, a P/E ratio of 9.01, a price-to-earnings-growth ratio of 0.94 and a beta of 1.74. Toll Brothers, Inc. has a fifty-two week low of $95.46 and a fifty-two week high of $169.52. The company has a quick ratio of 0.80, a current ratio of 4.92 and a debt-to-equity ratio of 0.37.

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

Toll Brothers Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 24th. Investors of record on Friday, January 10th will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Friday, January 10th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.68%. Toll Brothers's payout ratio is presently 6.12%.

Analysts Set New Price Targets

TOL has been the topic of a number of analyst reports. Keefe, Bruyette & Woods cut shares of Toll Brothers from an "outperform" rating to a "market perform" rating and dropped their price objective for the stock from $168.00 to $164.00 in a report on Tuesday, December 10th. Evercore ISI lifted their price target on Toll Brothers from $181.00 to $184.00 and gave the company an "outperform" rating in a report on Wednesday, December 11th. Oppenheimer reissued an "outperform" rating and issued a $189.00 price objective on shares of Toll Brothers in a report on Thursday, December 12th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $150.00 target price (down previously from $166.00) on shares of Toll Brothers in a research note on Friday, December 13th. Finally, Royal Bank of Canada increased their price target on Toll Brothers from $143.00 to $150.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 11th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $156.64.

Insider Buying and Selling

In other news, Director Paul E. Shapiro sold 3,837 shares of the business's stock in a transaction 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 transaction, the director now directly owns 119,937 shares in the company, valued at $16,088,349.18. The trade was a 3.10 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Christine Garvey sold 204 shares of the company's stock in a transaction on Monday, December 30th. The stock was sold at an average price of $125.78, for a total transaction of $25,659.12. Following the completion of the transaction, 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. Insiders have sold a total of 15,202 shares of company stock valued at $1,947,436 over the last ninety days. 1.54% of the stock is owned by corporate insiders.

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.