Toll Brothers Inc. (NYSE:TOL) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Toll Brothers Inc. (NYSE:TOL) have received a consensus rating of “Moderate Buy” from the eighteen ratings firms that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, five have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $154.40.

Several equities research analysts have recently commented on TOL shares. The Goldman Sachs Group upped their target price on Toll Brothers from $140.00 to $156.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. JPMorgan Chase & Co. reduced their price objective on shares of Toll Brothers from $161.00 to $141.00 and set an “overweight” rating for the company in a research note on Friday, December 12th. BTIG Research initiated coverage on shares of Toll Brothers in a research report on Monday, December 1st. They issued a “neutral” rating on the stock. UBS Group cut their price target on shares of Toll Brothers from $183.00 to $181.00 and set a “buy” rating on the stock in a report on Wednesday, December 10th. Finally, Royal Bank Of Canada decreased their price objective on shares of Toll Brothers from $145.00 to $144.00 and set an “outperform” rating for the company in a research note on Wednesday, December 10th.

Insiders Place Their Bets

In related news, Director Paul E. Shapiro sold 3,965 shares of the stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $146.68, for a total value of $581,586.20. Following the completion of the sale, the director directly owned 118,680 shares of the company’s stock, valued at approximately $17,407,982.40. This represents a 3.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.54% of the company’s stock.

Institutional Trading of Toll Brothers

Hedge funds have recently made changes to their positions in the stock. Moody Aldrich Partners LLC boosted its holdings in Toll Brothers by 93.7% in the 3rd quarter. Moody Aldrich Partners LLC now owns 27,234 shares of the construction company’s stock valued at $3,762,000 after purchasing an additional 13,175 shares during the period. Advent Capital Management DE bought a new stake in shares of Toll Brothers in the second quarter valued at about $2,853,000. True Wealth Design LLC lifted its stake in shares of Toll Brothers by 1,882.2% in the second quarter. True Wealth Design LLC now owns 892 shares of the construction company’s stock valued at $102,000 after buying an additional 847 shares during the period. Brandywine Global Investment Management LLC grew its position in Toll Brothers by 12.1% during the second quarter. Brandywine Global Investment Management LLC now owns 171,376 shares of the construction company’s stock worth $19,559,000 after buying an additional 18,526 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in Toll Brothers by 83.1% during the second quarter. AQR Capital Management LLC now owns 2,607,993 shares of the construction company’s stock valued at $297,650,000 after acquiring an additional 1,183,304 shares during the period. 91.76% of the stock is owned by hedge funds and other institutional investors.

Toll Brothers Trading Up 3.2%

Shares of NYSE:TOL opened at $148.44 on Thursday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.64 and a current ratio of 4.38. The stock has a market capitalization of $14.10 billion, a price-to-earnings ratio of 10.95, a PEG ratio of 1.13 and a beta of 1.43. Toll Brothers has a 1-year low of $86.67 and a 1-year high of $150.59. The company has a 50 day moving average price of $138.28 and a 200 day moving average price of $134.54.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings data on Monday, December 8th. The construction company reported $4.58 EPS for the quarter, missing analysts’ consensus estimates of $4.88 by ($0.30). The company had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.32 billion. Toll Brothers had a net margin of 12.28% and a return on equity of 16.74%. Toll Brothers’s revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the company posted $4.63 EPS. On average, research analysts anticipate that Toll Brothers will post 13.83 EPS for the current fiscal year.

Toll Brothers Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 23rd. Stockholders of record on Friday, January 9th will be issued a dividend of $0.25 per share. The ex-dividend date is Friday, January 9th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. Toll Brothers’s payout ratio is currently 7.37%.

About Toll Brothers

Toll Brothers, Inc is a publicly traded homebuilding company that focuses on designing and constructing luxury residential properties. The company’s core business encompasses a broad range of housing products, including custom single-family homes, upscale condominium communities and rental apartment ventures. Toll Brothers emphasizes high-end finishes and architectural craftsmanship, positioning itself in the premium segment of the U.S. housing market.

In addition to traditional homebuilding, Toll Brothers operates specialized divisions to address evolving consumer preferences.