Toll Brothers Inc. $TOL Shares Purchased by Generali Investments CEE investicni spolecnost a.s.

Generali Investments CEE investicni spolecnost a.s. raised its stake in shares of Toll Brothers Inc. (NYSE:TOL) by 23.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,000 shares of the construction company’s stock after buying an additional 1,900 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.’s holdings in Toll Brothers were worth $1,141,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Trail Ridge Investment Advisors LLC grew its holdings in Toll Brothers by 0.5% during the 1st quarter. Trail Ridge Investment Advisors LLC now owns 25,624 shares of the construction company’s stock valued at $2,706,000 after buying an additional 132 shares during the last quarter. Left Brain Wealth Management LLC purchased a new stake in shares of Toll Brothers in the first quarter valued at $317,000. MQS Management LLC purchased a new stake in shares of Toll Brothers in the first quarter valued at $649,000. Financial Security Advisor Inc. purchased a new stake in shares of Toll Brothers in the first quarter valued at $231,000. Finally, Concurrent Investment Advisors LLC purchased a new stake in shares of Toll Brothers in the first quarter valued at $227,000. Institutional investors and hedge funds own 91.76% of the company’s stock.

Analysts Set New Price Targets

TOL has been the subject of a number of recent analyst reports. Citigroup lifted their price objective on Toll Brothers from $134.00 to $138.00 and gave the company a “neutral” rating in a research report on Monday, August 25th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $160.00 price objective (up previously from $130.00) on shares of Toll Brothers in a research report on Monday, August 25th. Royal Bank Of Canada lifted their price objective on Toll Brothers from $133.00 to $145.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Wedbush reaffirmed an “outperform” rating and issued a $165.00 target price on shares of Toll Brothers in a research report on Thursday, September 18th. Finally, Wells Fargo & Company increased their target price on Toll Brothers from $140.00 to $150.00 and gave the stock an “overweight” rating in a research report on Monday, August 18th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Toll Brothers has a consensus rating of “Moderate Buy” and a consensus price target of $149.79.

Insider Activity at Toll Brothers

In other news, COO Robert Parahus sold 9,831 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $130.84, for a total transaction of $1,286,288.04. Following the completion of the sale, the chief operating officer directly owned 19,692 shares in the company, valued at $2,576,501.28. This trade represents a 33.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Stephen F. East sold 2,500 shares of Toll Brothers stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $115.33, for a total value of $288,325.00. Following the completion of the transaction, the director owned 12,787 shares of the company’s stock, valued at $1,474,724.71. This trade represents a 16.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 42,413 shares of company stock valued at $5,746,216. 1.54% of the stock is currently owned by insiders.

Toll Brothers Stock Down 0.2%

Shares of Toll Brothers stock opened at $138.00 on Wednesday. The business has a 50-day moving average of $134.25 and a 200-day moving average of $116.10. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.38 and a quick ratio of 0.51. The company has a market capitalization of $13.30 billion, a PE ratio of 10.14, a P/E/G ratio of 1.64 and a beta of 1.33. Toll Brothers Inc. has a 1-year low of $86.67 and a 1-year high of $169.52.

Toll Brothers (NYSE:TOL) last announced its earnings results on Tuesday, August 19th. The construction company reported $3.73 earnings per share for the quarter, beating the consensus estimate of $3.59 by $0.14. The company had revenue of $2.95 billion during the quarter, compared to the consensus estimate of $2.86 billion. Toll Brothers had a return on equity of 17.42% and a net margin of 12.64%.The company’s revenue was up 8.0% on a year-over-year basis. During the same period last year, the firm earned $3.60 earnings per share. As a group, equities analysts forecast that Toll Brothers Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 24th. Stockholders of record on Friday, October 10th will be paid a dividend of $0.25 per share. The ex-dividend date is Friday, October 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. Toll Brothers’s dividend payout ratio (DPR) is currently 7.35%.

Toll Brothers 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.