2,034 Shares in Toll Brothers, Inc. (NYSE:TOL) Purchased by Eads & Heald Wealth Management

Eads & Heald Wealth Management purchased a new stake in shares of Toll Brothers, Inc. (NYSE:TOL) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,034 shares of the construction company’s stock, valued at approximately $256,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Capital Performance Advisors LLP bought a new position in shares of Toll Brothers during the third quarter valued at approximately $27,000. Brooklyn Investment Group bought a new position in Toll Brothers in the 3rd quarter worth $27,000. Larson Financial Group LLC lifted its position in shares of Toll Brothers by 57.9% in the 3rd quarter. Larson Financial Group LLC now owns 180 shares of the construction company’s stock worth $28,000 after purchasing an additional 66 shares during the period. ORG Partners LLC purchased a new stake in shares of Toll Brothers in the 4th quarter worth about $25,000. Finally, UMB Bank n.a. boosted its stake in shares of Toll Brothers by 323.4% during the 3rd quarter. UMB Bank n.a. now owns 271 shares of the construction company’s stock valued at $42,000 after purchasing an additional 207 shares in the last quarter. Hedge funds and other institutional investors own 91.76% of the company’s stock.

Analyst Upgrades and Downgrades

TOL has been the subject of several research analyst reports. Evercore ISI raised their price objective on shares of Toll Brothers from $181.00 to $184.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. Barclays lowered their target price on Toll Brothers from $135.00 to $115.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. Wells Fargo & Company upped their price target on Toll Brothers from $163.00 to $170.00 and gave the stock an “overweight” rating in a research note on Friday, September 27th. Royal Bank of Canada increased their price objective on Toll Brothers from $143.00 to $150.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. Finally, Wedbush restated an “outperform” rating and set a $175.00 target price on shares of Toll Brothers in a report on Wednesday, December 11th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $156.64.

Insider Activity

In other news, Director Paul E. Shapiro sold 3,837 shares of Toll Brothers stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $134.14, for a total transaction of $514,695.18. Following the sale, the director now owns 119,937 shares in the company, valued at $16,088,349.18. This trade represents a 3.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Martin P. Connor sold 11,140 shares of the company’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $126.07, for a total transaction of $1,404,419.80. Following the transaction, the chief financial officer now owns 20,618 shares of the company’s stock, valued at approximately $2,599,311.26. This represents a 35.08 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 15,202 shares of company stock worth $1,947,436 over the last ninety days. Corporate insiders own 1.54% of the company’s stock.

Toll Brothers Trading Up 0.3 %

Shares of NYSE:TOL opened at $135.57 on Wednesday. The stock’s 50-day simple moving average is $140.84 and its two-hundred day simple moving average is $141.44. Toll Brothers, Inc. has a 52-week low of $95.46 and a 52-week high of $169.52. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.80 and a current ratio of 4.92. The stock has a market capitalization of $13.56 billion, a price-to-earnings ratio of 9.02, a PEG ratio of 1.03 and a beta of 1.74.

Toll Brothers (NYSE:TOL) last announced its earnings results on Monday, December 9th. The construction company reported $4.63 EPS for the quarter, topping analysts’ consensus estimates of $4.34 by $0.29. Toll Brothers had a return on equity of 19.64% and a net margin of 14.48%. The company had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.17 billion. During the same period last year, the firm earned $4.11 EPS. Toll Brothers’s revenue for the quarter was up 10.4% compared to the same quarter last year. Analysts expect that Toll Brothers, Inc. will post 14.25 EPS for the current year.

Toll Brothers Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 24th. Stockholders of record on Friday, January 10th will be given a $0.23 dividend. The ex-dividend date of this dividend is Friday, January 10th. This represents a $0.92 annualized dividend and a dividend yield of 0.68%. Toll Brothers’s payout ratio is 6.12%.

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.