Quantbot Technologies LP purchased a new stake in Toll Brothers Inc (NYSE:TOL) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 10,528 shares of the construction company’s stock, valued at approximately $436,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. NewSquare Capital LLC purchased a new position in shares of Toll Brothers in the 2nd quarter valued at $101,000. Advisors Asset Management Inc. raised its stake in shares of Toll Brothers by 61.6% in the 2nd quarter. Advisors Asset Management Inc. now owns 2,667 shares of the construction company’s stock valued at $105,000 after acquiring an additional 1,017 shares during the period. IFP Advisors Inc raised its stake in shares of Toll Brothers by 369.1% in the 2nd quarter. IFP Advisors Inc now owns 2,735 shares of the construction company’s stock valued at $108,000 after acquiring an additional 2,152 shares during the period. Aviance Capital Management LLC purchased a new position in shares of Toll Brothers in the 2nd quarter valued at $151,000. Finally, Toronto Dominion Bank raised its stake in shares of Toll Brothers by 5.2% in the 2nd quarter. Toronto Dominion Bank now owns 3,896 shares of the construction company’s stock valued at $154,000 after acquiring an additional 192 shares during the period. Institutional investors own 82.73% of the company’s stock.

In related news, President Richard T. Hartman sold 8,537 shares of Toll Brothers stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $46.00, for a total transaction of $392,702.00. Following the sale, the president now owns 27,233 shares of the company’s stock, valued at approximately $1,252,718. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard J. Braemer sold 7,500 shares of Toll Brothers stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $37.88, for a total transaction of $284,100.00. Following the sale, the director now directly owns 110,373 shares in the company, valued at approximately $4,180,929.24. The disclosure for this sale can be found here. Insiders have sold a total of 72,187 shares of company stock worth $3,124,490 in the last ninety days. 8.78% of the stock is currently owned by insiders.

A number of equities analysts have recently commented on TOL shares. Royal Bank Of Canada reissued a “buy” rating and issued a $45.00 target price on shares of Toll Brothers in a research note on Monday, September 25th. Zacks Investment Research raised shares of Toll Brothers from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a research note on Tuesday, August 8th. UBS AG started coverage on shares of Toll Brothers in a research note on Wednesday, October 25th. They issued a “buy” rating and a $50.00 target price on the stock. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $47.00 target price on shares of Toll Brothers in a research note on Friday, October 20th. Finally, KeyCorp reissued a “hold” rating on shares of Toll Brothers in a research note on Tuesday, September 26th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $44.00.

Toll Brothers Inc (NYSE TOL) traded up $0.33 during trading on Monday, reaching $48.40. 576,000 shares of the company traded hands, compared to its average volume of 1,921,704. Toll Brothers Inc has a 12-month low of $29.12 and a 12-month high of $48.76. The stock has a market cap of $7,660.00, a P/E ratio of 17.99, a price-to-earnings-growth ratio of 1.04 and a beta of 1.55. The company has a debt-to-equity ratio of 0.84, a current ratio of 6.75 and a quick ratio of 1.10.

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Toll Brothers Company Profile

Toll Brothers, Inc is engaged in designing, building, marketing, selling and arranging financing for detached and attached homes in luxury residential communities. The Company operates through two segments: Traditional Home Building and Toll Brothers City Living (City Living). Within the Traditional Home Building segment, it operates in five geographic segments in the United States: the North, consisting of Connecticut, Illinois, Massachusetts, Michigan, Minnesota, New Jersey and New York; the Mid-Atlantic, consisting of Delaware, Maryland, Pennsylvania and Virginia; the South, consisting of Florida, North Carolina and Texas; the West, consisting of Arizona, Colorado, Nevada and Washington, and California.

Institutional Ownership by Quarter for Toll Brothers (NYSE:TOL)

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