Russell Investments Group Ltd. Has $11.89 Million Holdings in Toll Brothers, Inc. (NYSE:TOL)

Russell Investments Group Ltd. lowered its stake in shares of Toll Brothers, Inc. (NYSE:TOL - Free Report) by 17.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 94,395 shares of the construction company's stock after selling 20,173 shares during the period. Russell Investments Group Ltd. owned about 0.09% of Toll Brothers worth $11,889,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of TOL. ORG Partners LLC acquired a new stake in shares of Toll Brothers in the 4th quarter valued at $25,000. Lee Danner & Bass Inc. acquired a new position in Toll Brothers during the fourth quarter valued at approximately $27,000. Promus Capital LLC bought a new position in shares of Toll Brothers in the fourth quarter valued at approximately $29,000. IAG Wealth Partners LLC boosted its holdings in shares of Toll Brothers by 1,034.8% during the 4th 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 period. Finally, DiNuzzo Private Wealth Inc. grew its stake in Toll Brothers by 806.5% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 281 shares of the construction company's stock valued at $35,000 after buying an additional 250 shares during the last quarter. 91.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. UBS Group dropped their price objective on Toll Brothers from $185.00 to $183.00 and set a "buy" rating on the stock in a research note on Thursday, February 20th. StockNews.com upgraded shares of Toll Brothers from a "sell" rating to a "hold" rating in a research note on Saturday, April 5th. Royal Bank of Canada decreased their price target on shares of Toll Brothers from $142.00 to $139.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. Citigroup decreased their target price on Toll Brothers from $155.00 to $137.00 and set a "neutral" rating on the stock in a research report on Monday, January 6th. Finally, Seaport Res Ptn raised Toll Brothers from a "strong sell" rating to a "hold" rating in a report on Monday, January 27th. One analyst has rated the stock with a sell rating, six have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $144.79.

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Toll Brothers Trading Up 0.5 %

Shares of TOL stock traded up $0.49 on Monday, reaching $94.11. 1,565,935 shares of the stock were exchanged, compared to its average volume of 1,533,508. The stock has a 50 day moving average price of $109.66 and a 200 day moving average price of $132.08. The stock has a market cap of $9.40 billion, a PE ratio of 6.48, a P/E/G ratio of 1.02 and a beta of 1.48. Toll Brothers, Inc. has a one year low of $86.67 and a one year high of $169.52. The company has a debt-to-equity ratio of 0.35, a current ratio of 4.65 and a quick ratio of 0.80.

Toll Brothers (NYSE:TOL - Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th. The construction company reported $1.75 earnings per share for the quarter, missing analysts' consensus estimates of $1.99 by ($0.24). The business had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.91 billion. Toll Brothers had a return on equity of 18.32% and a net margin of 14.03%. Equities research analysts forecast that Toll Brothers, Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be given a dividend of $0.25 per share. This is a positive change from Toll Brothers's previous quarterly dividend of $0.23. This represents a $1.00 annualized dividend and a dividend yield of 1.06%. The ex-dividend date is Friday, April 11th. Toll Brothers's payout ratio is presently 6.88%.

Insider Activity

In other news, Director Christine Garvey sold 420 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $110.58, for a total transaction of $46,443.60. Following the completion of the transaction, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.54% of the stock is currently owned by company 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.