Toll Brothers Inc. $TOL Shares Sold by Savant Capital LLC

Savant Capital LLC decreased its stake in Toll Brothers Inc. (NYSE:TOL) by 96.8% during the 4th quarter, Holdings Channel reports. The firm owned 1,565 shares of the construction company’s stock after selling 47,981 shares during the quarter. Savant Capital LLC’s holdings in Toll Brothers were worth $212,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TOL. Baker Avenue Asset Management LP raised its holdings in Toll Brothers by 61.0% in the 4th quarter. Baker Avenue Asset Management LP now owns 2,579 shares of the construction company’s stock valued at $349,000 after acquiring an additional 977 shares during the last quarter. Flputnam Investment Management Co. acquired a new stake in Toll Brothers in the 4th quarter valued at about $265,000. Integrity Alliance LLC. grew its position in shares of Toll Brothers by 12.6% in the fourth quarter. Integrity Alliance LLC. now owns 8,803 shares of the construction company’s stock valued at $1,190,000 after purchasing an additional 988 shares in the last quarter. Hantz Financial Services Inc. grew its position in shares of Toll Brothers by 112.3% in the fourth quarter. Hantz Financial Services Inc. now owns 4,303 shares of the construction company’s stock valued at $582,000 after purchasing an additional 2,276 shares in the last quarter. Finally, Axxcess Wealth Management LLC purchased a new stake in shares of Toll Brothers in the fourth quarter valued at approximately $203,000. 91.76% of the stock is currently owned by institutional investors and hedge funds.

Toll Brothers Stock Performance

Toll Brothers stock opened at $137.83 on Monday. The firm has a 50 day simple moving average of $138.08 and a 200-day simple moving average of $142.03. Toll Brothers Inc. has a 1-year low of $104.09 and a 1-year high of $168.36. The company has a debt-to-equity ratio of 0.33, a current ratio of 4.67 and a quick ratio of 0.59. The stock has a market cap of $12.88 billion, a price-to-earnings ratio of 10.43, a price-to-earnings-growth ratio of 1.14 and a beta of 1.36.

Toll Brothers (NYSE:TOL) last posted its quarterly earnings results on Tuesday, May 19th. The construction company reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.58 by $0.14. Toll Brothers had a net margin of 11.66% and a return on equity of 15.47%. The business had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.42 billion. During the same quarter in the prior year, the company posted $3.50 EPS. The business’s revenue for the quarter was down 7.6% on a year-over-year basis. On average, analysts expect that Toll Brothers Inc. will post 12.67 EPS for the current year.

Toll Brothers Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 24th. Stockholders of record on Friday, April 10th were paid a $0.26 dividend. This is a positive change from Toll Brothers’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Friday, April 10th. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. Toll Brothers’s dividend payout ratio is currently 7.87%.

Insider Buying and Selling at Toll Brothers

In other news, Director Stephen F. East sold 1,000 shares of the stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $139.70, for a total value of $139,700.00. Following the completion of the sale, the director owned 13,442 shares of the company’s stock, valued at $1,877,847.40. This represents a 6.92% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.37% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Wells Fargo & Company upped their price target on Toll Brothers from $170.00 to $185.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. UBS Group dropped their price target on Toll Brothers from $198.00 to $187.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Zacks Research upgraded Toll Brothers from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Royal Bank Of Canada dropped their price target on Toll Brothers from $161.00 to $158.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. Finally, Seaport Research Partners restated a “neutral” rating on shares of Toll Brothers in a research report on Tuesday, April 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $164.13.

Toll Brothers Company Profile

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.