4,200 Shares in Toll Brothers, Inc. (NYSE:TOL) Purchased by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft acquired a new stake in shares of Toll Brothers, Inc. (NYSE:TOL) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,200 shares of the construction company’s stock, valued at approximately $432,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Baker Avenue Asset Management LP lifted its holdings in shares of Toll Brothers by 23.1% during the third quarter. Baker Avenue Asset Management LP now owns 677 shares of the construction company’s stock worth $50,000 after purchasing an additional 127 shares during the period. Fifth Third Bancorp increased its stake in shares of Toll Brothers by 26.1% during the third quarter. Fifth Third Bancorp now owns 754 shares of the construction company’s stock worth $56,000 after acquiring an additional 156 shares during the period. GAMMA Investing LLC acquired a new stake in Toll Brothers in the fourth quarter valued at about $76,000. Northwest Financial Advisors purchased a new stake in Toll Brothers in the 4th quarter valued at approximately $84,000. Finally, Daiwa Securities Group Inc. acquired a new position in Toll Brothers during the 4th quarter worth approximately $113,000. 91.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Toll Brothers

In related news, Director Carl B. Marbach sold 10,000 shares of Toll Brothers stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $118.02, for a total transaction of $1,180,200.00. Following the sale, the director now directly owns 34,069 shares in the company, valued at $4,020,823.38. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, Director Carl B. Marbach sold 10,000 shares of the stock in a transaction on Monday, March 4th. The stock was sold at an average price of $118.02, for a total value of $1,180,200.00. Following the completion of the sale, the director now owns 34,069 shares in the company, valued at $4,020,823.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Martin P. Connor sold 5,000 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $116.05, for a total value of $580,250.00. Following the completion of the transaction, the chief financial officer now owns 49,721 shares in the company, valued at approximately $5,770,122.05. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 66,500 shares of company stock worth $7,881,930. 1.54% of the stock is owned by company insiders.

Toll Brothers Stock Performance

NYSE TOL traded down $3.79 during trading hours on Thursday, reaching $131.13. The company’s stock had a trading volume of 1,632,883 shares, compared to its average volume of 1,345,737. The company has a current ratio of 4.95, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39. The business has a 50-day simple moving average of $122.39 and a 200 day simple moving average of $105.68. Toll Brothers, Inc. has a 52 week low of $63.34 and a 52 week high of $135.37. The stock has a market cap of $13.66 billion, a PE ratio of 10.17, a PEG ratio of 1.05 and a beta of 1.67.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings results on Wednesday, February 21st. The construction company reported $2.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.77 by $0.48. Toll Brothers had a return on equity of 21.04% and a net margin of 13.97%. The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.88 billion. During the same quarter last year, the business posted $1.70 EPS. The business’s revenue was up 9.4% on a year-over-year basis. Equities research analysts predict that Toll Brothers, Inc. will post 13.71 earnings per share for the current fiscal year.

Toll Brothers Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Friday, April 5th were given a $0.23 dividend. This is a boost from Toll Brothers’s previous quarterly dividend of $0.21. The ex-dividend date was Thursday, April 4th. This represents a $0.92 annualized dividend and a yield of 0.70%. Toll Brothers’s dividend payout ratio is 7.11%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Barclays upped their price target on shares of Toll Brothers from $95.00 to $115.00 and gave the stock an “underweight” rating in a research note on Monday, February 26th. Oppenheimer lifted their price objective on Toll Brothers from $141.00 to $157.00 and gave the company an “outperform” rating in a research report on Thursday, March 21st. JPMorgan Chase & Co. boosted their price target on Toll Brothers from $127.00 to $128.00 and gave the company an “overweight” rating in a research report on Friday, February 23rd. The Goldman Sachs Group boosted their price objective on shares of Toll Brothers from $94.00 to $96.00 and gave the stock a “sell” rating in a research note on Thursday, February 22nd. Finally, Keefe, Bruyette & Woods raised their price objective on Toll Brothers from $120.00 to $135.00 and gave the company an “outperform” rating in a research report on Wednesday, February 28th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $116.33.

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.