Inceptionr LLC Increases Holdings in Toll Brothers, Inc. (NYSE:TOL)

Inceptionr LLC raised its position in Toll Brothers, Inc. (NYSE:TOL - Free Report) by 174.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 13,941 shares of the construction company's stock after acquiring an additional 8,859 shares during the period. Inceptionr LLC's holdings in Toll Brothers were worth $1,756,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. ORG Partners LLC acquired a new stake in Toll Brothers in the fourth quarter valued at approximately $25,000. Capital Performance Advisors LLP acquired a new stake in Toll Brothers in the third quarter valued at approximately $27,000. Brooklyn Investment Group acquired a new stake in Toll Brothers in the third quarter valued at approximately $27,000. Larson Financial Group LLC grew 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, Promus Capital LLC acquired a new stake in Toll Brothers in the fourth quarter valued at approximately $29,000. Institutional investors and hedge funds own 91.76% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on TOL shares. Royal Bank of Canada reduced their price objective on Toll Brothers from $142.00 to $139.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. Evercore ISI raised their target price on Toll Brothers from $181.00 to $184.00 and gave the company an "outperform" rating in a report on Wednesday, December 11th. StockNews.com lowered Toll Brothers from a "hold" rating to a "sell" rating in a report on Monday, March 3rd. Citigroup dropped their target price on Toll Brothers from $155.00 to $137.00 and set a "neutral" rating on the stock in a report on Monday, January 6th. Finally, Wedbush restated an "outperform" rating and issued a $175.00 target price on shares of Toll Brothers in a report on Friday, February 14th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $147.57.

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Insiders Place Their Bets

In other Toll Brothers news, Director Christine Garvey sold 420 shares of the firm'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 completion of the sale, the director now directly owns 13,186 shares of the company's stock, valued at $1,458,107.88. This trade represents a 3.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Martin P. Connor sold 11,140 shares of the firm's stock in a transaction on 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 completion of the sale, the chief financial officer now directly owns 20,618 shares of the company's stock, valued at $2,599,311.26. This represents a 35.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,622 shares of company stock valued at $1,993,880 over the last ninety days. 1.54% of the stock is currently owned by insiders.

Toll Brothers Stock Performance

Toll Brothers stock traded down $1.75 during mid-day trading on Friday, reaching $109.40. 2,369,880 shares of the company's stock were exchanged, compared to its average volume of 1,420,326. The business's fifty day simple moving average is $125.14 and its 200 day simple moving average is $140.07. The firm has a market capitalization of $10.93 billion, a PE ratio of 7.53, a P/E/G ratio of 1.02 and a beta of 1.77. Toll Brothers, Inc. has a one year low of $105.73 and a one year high of $169.52. 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 (NYSE:TOL - Get Free Report) last released its earnings results on Tuesday, February 18th. The construction company reported $1.75 earnings per share (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 analysts' expectations of $1.91 billion. On average, sell-side analysts expect that Toll Brothers, Inc. will post 13.83 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. Shareholders of record on Friday, January 10th were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date of this dividend was Friday, January 10th. Toll Brothers's dividend payout ratio is currently 6.33%.

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.