Toll Brothers (NYSE:TOL) Reaches New 1-Year Low - Time to Sell?

Toll Brothers, Inc. (NYSE:TOL - Get Free Report)'s stock price hit a new 52-week low during trading on Monday . The company traded as low as $101.50 and last traded at $103.60, with a volume of 170298 shares changing hands. The stock had previously closed at $105.08.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Seaport Res Ptn raised Toll Brothers from a "strong sell" rating to a "hold" rating in a research note on Monday, January 27th. Oppenheimer cut their target price on Toll Brothers from $189.00 to $165.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. Wedbush restated an "outperform" rating and set a $175.00 price target on shares of Toll Brothers in a report on Friday, February 14th. Barclays dropped their price objective on shares of Toll Brothers from $115.00 to $101.00 and set an "underweight" rating for the company in a research note on Tuesday, February 25th. Finally, StockNews.com downgraded shares of Toll Brothers from a "hold" rating to a "sell" rating in a research note on Friday, March 28th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $147.57.

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Toll Brothers Stock Up 1.5 %

The company has a quick ratio of 0.80, a current ratio of 4.65 and a debt-to-equity ratio of 0.35. The stock has a market cap of $10.67 billion, a P/E ratio of 7.35, a P/E/G ratio of 1.02 and a beta of 1.77. The company's 50 day moving average price is $117.11 and its two-hundred day moving average price is $135.64.

Toll Brothers (NYSE:TOL - Get Free Report) last issued its 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). Toll Brothers had a net margin of 14.03% and a return on equity of 18.32%. The firm had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.91 billion. As a group, research analysts expect that Toll Brothers, Inc. will post 13.83 earnings per share for the current year.

Toll Brothers Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.94%. This is a boost from Toll Brothers's previous quarterly dividend of $0.23. The ex-dividend date is Friday, April 11th. Toll Brothers's dividend payout ratio is presently 6.88%.

Insider Activity

In other news, Director Christine Garvey sold 420 shares of the 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 transaction, the director now directly owns 13,186 shares in the company, valued at approximately $1,458,107.88. This trade represents a 3.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.54% of the company's stock.

Institutional Trading of Toll Brothers

Hedge funds have recently bought and sold shares of the stock. ORG Partners LLC bought a new position in shares of Toll Brothers in the 4th quarter worth $25,000. Lee Danner & Bass Inc. purchased a new position in Toll Brothers in the fourth quarter valued at about $27,000. Promus Capital LLC bought a new position in Toll Brothers in the fourth quarter worth about $29,000. IAG Wealth Partners LLC lifted its position in shares of Toll Brothers by 1,034.8% during the fourth quarter. IAG Wealth Partners LLC now owns 261 shares of the construction company's stock valued at $33,000 after buying an additional 238 shares during the last quarter. Finally, DiNuzzo Private Wealth Inc. boosted its holdings in shares of 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 in the last quarter. Hedge funds and other institutional investors own 91.76% of the company's stock.

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.