Toll Brothers Inc (NYSE:TOL) Director Paul E. Shapiro sold 5,539 shares of Toll Brothers stock in a transaction on Friday, December 14th. The shares were sold at an average price of $32.18, for a total transaction of $178,245.02. Following the completion of the sale, the director now owns 108,916 shares in the company, valued at $3,504,916.88. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of NYSE:TOL opened at $31.96 on Tuesday. Toll Brothers Inc has a 52 week low of $28.68 and a 52 week high of $52.73. The firm has a market capitalization of $4.75 billion, a price-to-earnings ratio of 6.79, a price-to-earnings-growth ratio of 0.43 and a beta of 1.16. The company has a debt-to-equity ratio of 0.78, a current ratio of 6.83 and a quick ratio of 1.27.

Toll Brothers (NYSE:TOL) last issued its quarterly earnings data on Tuesday, December 4th. The construction company reported $2.08 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.25. Toll Brothers had a net margin of 10.47% and a return on equity of 15.93%. The business had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.35 billion. During the same period last year, the company posted $1.17 EPS. The business’s revenue was up 21.1% on a year-over-year basis. As a group, research analysts expect that Toll Brothers Inc will post 4.8 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 25th. Shareholders of record on Friday, January 11th will be paid a $0.11 dividend. The ex-dividend date is Thursday, January 10th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.38%. Toll Brothers’s payout ratio is currently 9.34%.

Several large investors have recently modified their holdings of the business. IMS Capital Management purchased a new position in shares of Toll Brothers in the 3rd quarter worth $36,000. Chartwell Investment Partners LLC grew its stake in shares of Toll Brothers by 3.2% in the 3rd quarter. Chartwell Investment Partners LLC now owns 51,697 shares of the construction company’s stock worth $1,708,000 after buying an additional 1,612 shares in the last quarter. Condor Capital Management grew its stake in shares of Toll Brothers by 3.5% in the 3rd quarter. Condor Capital Management now owns 50,241 shares of the construction company’s stock worth $1,659,000 after buying an additional 1,693 shares in the last quarter. Swiss National Bank grew its stake in shares of Toll Brothers by 0.4% in the 2nd quarter. Swiss National Bank now owns 484,033 shares of the construction company’s stock worth $17,904,000 after buying an additional 1,700 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in shares of Toll Brothers by 7.4% in the 3rd quarter. Janney Montgomery Scott LLC now owns 26,666 shares of the construction company’s stock worth $881,000 after buying an additional 1,838 shares in the last quarter. 83.88% of the stock is owned by institutional investors and hedge funds.

A number of analysts have issued reports on TOL shares. Bank of America lifted their price target on shares of Toll Brothers from $62.00 to $63.00 and gave the company a “buy” rating in a report on Wednesday, August 22nd. Zacks Investment Research downgraded shares of Toll Brothers from a “buy” rating to a “hold” rating in a report on Tuesday, October 23rd. Royal Bank of Canada downgraded shares of Toll Brothers from an “outperform” rating to a “sector perform” rating and set a $37.00 price target on the stock. in a report on Thursday, December 6th. Raymond James reiterated a “buy” rating and issued a $44.00 price target (down from $50.00) on shares of Toll Brothers in a report on Thursday, August 23rd. Finally, Barclays reduced their price target on shares of Toll Brothers from $37.00 to $32.00 and set an “underweight” rating on the stock in a report on Monday, December 3rd. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the stock. Toll Brothers presently has a consensus rating of “Hold” and a consensus target price of $45.06.

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About Toll Brothers

Toll Brothers, Inc, together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities in the United States. The company operates through two segments, Traditional Home Building and City Living. It also builds and sells homes in urban infill markets through Toll Brothers City Living.

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