UBS Group Has Lowered Expectations for Toll Brothers (NYSE:TOL) Stock Price

Toll Brothers (NYSE:TOL - Get Free Report) had its price objective reduced by UBS Group from $192.00 to $185.00 in a report released on Wednesday,Benzinga reports. The firm presently has a "buy" rating on the construction company's stock. UBS Group's price target suggests a potential upside of 45.75% from the company's current price.

Several other research analysts also recently issued reports on TOL. Bank of America upped their price target on shares of Toll Brothers from $160.00 to $165.00 and gave the stock a "buy" rating in a report on Thursday, September 19th. Oppenheimer reiterated an "outperform" rating and issued a $189.00 target price on shares of Toll Brothers in a research report on Thursday, December 12th. Wells Fargo & Company boosted their price target on Toll Brothers from $163.00 to $170.00 and gave the stock an "overweight" rating in a report on Friday, September 27th. Citigroup dropped their price objective on shares of Toll Brothers from $155.00 to $137.00 and set a "neutral" rating for the company in a report on Monday. Finally, JPMorgan Chase & Co. reissued a "neutral" rating and set a $150.00 target price (down from $166.00) on shares of Toll Brothers in a report on Friday, December 13th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Toll Brothers presently has a consensus rating of "Moderate Buy" and an average target price of $155.40.

Toll Brothers Price Performance

Shares of TOL stock traded up $3.07 on Wednesday, hitting $126.93. 1,339,905 shares of the company's stock were exchanged, compared to its average volume of 1,221,421. The company has a 50 day moving average of $144.63 and a 200 day moving average of $140.42. The stock has a market cap of $12.70 billion, a P/E ratio of 8.45, a price-to-earnings-growth ratio of 1.00 and a beta of 1.74. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.92 and a quick ratio of 0.57. Toll Brothers has a 12 month low of $95.46 and a 12 month high of $169.52.

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, topping analysts' consensus estimates of $4.34 by $0.29. The firm had revenue of $3.33 billion during the quarter, compared to analysts' expectations of $3.17 billion. Toll Brothers had a net margin of 14.48% and a return on equity of 19.64%. The business's revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.11 earnings per share. On average, equities research analysts predict that Toll Brothers will post 14.57 EPS for the current year.

Insider Activity

In related news, CEO Douglas C. Jr. Yearley sold 25,000 shares of the business's stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of $158.23, for a total value of $3,955,750.00. Following the completion of the sale, the chief executive officer now directly owns 221,382 shares of the company's stock, valued at $35,029,273.86. The trade was a 10.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Christine Garvey sold 204 shares of the stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $125.78, for a total value of $25,659.12. Following the completion of the transaction, the director now owns 7,728 shares in the company, valued at approximately $972,027.84. The trade was a 2.57 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 40,202 shares of company stock worth $5,903,186 in the last quarter. 1.54% of the stock is owned by corporate insiders.

Institutional Trading of Toll Brothers

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Capital Performance Advisors LLP acquired a new position in shares of Toll Brothers during the third quarter valued at about $27,000. Brooklyn Investment Group bought a new position in Toll Brothers in the 3rd quarter valued at about $27,000. Larson Financial Group LLC boosted its stake in Toll Brothers by 57.9% during the 3rd quarter. Larson Financial Group LLC now owns 180 shares of the construction company's stock valued at $28,000 after purchasing an additional 66 shares during the last quarter. UMB Bank n.a. increased its holdings in Toll Brothers by 323.4% during the 3rd quarter. UMB Bank n.a. now owns 271 shares of the construction company's stock worth $42,000 after purchasing an additional 207 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in shares of Toll Brothers by 111.4% in the third quarter. Blue Trust Inc. now owns 353 shares of the construction company's stock worth $55,000 after purchasing an additional 186 shares during the last quarter. Institutional investors own 91.76% of the company's stock.

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.