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

Toll Brothers, Inc. (NYSE:TOL - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the fifteen brokerages that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation, eight have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $147.57.

TOL has been the subject of a number of research analyst reports. Citigroup lowered their price target on Toll Brothers from $155.00 to $137.00 and set a "neutral" rating for the company in a report on Monday, January 6th. The Goldman Sachs Group lowered their target price on shares of Toll Brothers from $143.00 to $125.00 and set a "neutral" rating for the company in a research note on Thursday, February 20th. Wells Fargo & Company reduced their price target on shares of Toll Brothers from $170.00 to $150.00 and set an "overweight" rating on the stock in a research report on Thursday, February 20th. StockNews.com lowered shares of Toll Brothers from a "hold" rating to a "sell" rating in a report on Wednesday, March 19th. Finally, Seaport Res Ptn upgraded shares of Toll Brothers from a "strong sell" rating to a "hold" rating in a research note on Monday, January 27th.

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Insider Buying and Selling

In other news, Director Christine Garvey sold 420 shares of the business's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $110.58, for a total value of $46,443.60. Following the sale, the director now 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Martin P. Connor sold 11,140 shares of Toll Brothers stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $126.07, for a total value of $1,404,419.80. Following the transaction, the chief financial officer now directly owns 20,618 shares in the company, valued at approximately $2,599,311.26. The trade was a 35.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,764 shares of company stock valued at $1,476,523 over the last 90 days. 1.54% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Toll Brothers

A number of institutional investors and hedge funds have recently bought and sold shares of the business. 111 Capital acquired a new stake in Toll Brothers during the fourth quarter valued at approximately $862,000. Wealth Enhancement Advisory Services LLC lifted its position in shares of Toll Brothers by 0.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 304,952 shares of the construction company's stock valued at $38,409,000 after acquiring an additional 1,250 shares during the last quarter. PKO Investment Management Joint Stock Co acquired a new position in shares of Toll Brothers in the 4th quarter worth $1,071,000. Old North State Trust LLC raised its position in shares of Toll Brothers by 150.7% during the fourth quarter. Old North State Trust LLC now owns 5,186 shares of the construction company's stock worth $653,000 after purchasing an additional 3,117 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Toll Brothers during the fourth quarter valued at $6,289,000. 91.76% of the stock is owned by institutional investors and hedge funds.

Toll Brothers Stock Up 0.8 %

TOL stock traded up $0.85 during mid-day trading on Friday, hitting $111.07. 1,836,898 shares of the company were exchanged, compared to its average volume of 1,429,432. The firm has a fifty day simple moving average of $120.90 and a 200 day simple moving average of $137.30. The company has a market capitalization of $11.09 billion, a PE ratio of 7.64, a price-to-earnings-growth ratio of 1.02 and a beta of 1.77. Toll Brothers has a twelve month low of $102.49 and a twelve month high of $169.52. The company has a current ratio of 4.65, a quick ratio of 0.80 and a debt-to-equity ratio of 0.35.

Toll Brothers (NYSE:TOL - Get Free Report) last posted its quarterly earnings results 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 firm had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.91 billion. On average, research analysts forecast that Toll Brothers will post 13.83 earnings per share for the current fiscal year.

Toll Brothers Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be paid a dividend of $0.25 per share. This is a boost from Toll Brothers's previous quarterly dividend of $0.23. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date is Friday, April 11th. Toll Brothers's payout ratio is currently 6.88%.

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.