ORG Wealth Partners LLC Acquires 201 Shares of Toll Brothers, Inc. (NYSE:TOL)

ORG Wealth Partners LLC lifted its stake in Toll Brothers, Inc. (NYSE:TOL) by 10.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,172 shares of the construction company’s stock after acquiring an additional 201 shares during the quarter. ORG Wealth Partners LLC’s holdings in Toll Brothers were worth $274,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in TOL. State Street Corp increased its holdings in Toll Brothers by 1.2% during the third quarter. State Street Corp now owns 3,662,387 shares of the construction company’s stock valued at $565,802,000 after buying an additional 42,871 shares during the last quarter. Geode Capital Management LLC grew its holdings in Toll Brothers by 4.1% during the 3rd quarter. Geode Capital Management LLC now owns 2,157,908 shares of the construction company’s stock valued at $333,444,000 after buying an additional 84,652 shares in the last quarter. FMR LLC increased its stake in Toll Brothers by 97.7% in the 3rd quarter. FMR LLC now owns 2,118,459 shares of the construction company’s stock worth $327,281,000 after acquiring an additional 1,046,758 shares during the last quarter. Pacer Advisors Inc. boosted its position in shares of Toll Brothers by 34.8% during the 2nd quarter. Pacer Advisors Inc. now owns 2,095,673 shares of the construction company’s stock valued at $241,380,000 after acquiring an additional 541,140 shares during the last quarter. Finally, Point72 Asset Management L.P. grew its holdings in shares of Toll Brothers by 81.0% in the second quarter. Point72 Asset Management L.P. now owns 963,650 shares of the construction company’s stock valued at $110,993,000 after purchasing an additional 431,160 shares in the last quarter. 91.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Toll Brothers news, CFO Martin P. Connor sold 11,140 shares of Toll Brothers stock in a transaction on Monday, December 30th. The shares were sold at an average price of $126.07, for a total transaction of $1,404,419.80. Following the sale, the chief financial officer now owns 20,618 shares of the company’s stock, valued at $2,599,311.26. The trade was a 35.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Christine Garvey sold 204 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $125.78, for a total value of $25,659.12. Following the transaction, the director now owns 7,728 shares in the company, valued at approximately $972,027.84. This represents a 2.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 40,202 shares of company stock worth $5,903,186 in the last 90 days. Insiders own 1.54% of the company’s stock.

Toll Brothers Stock Performance

TOL traded down $2.99 on Friday, reaching $123.81. The stock had a trading volume of 482,934 shares, compared to its average volume of 1,093,009. The business’s 50-day moving average price is $143.81 and its two-hundred day moving average price is $140.23. The company has a market cap of $12.39 billion, a P/E ratio of 8.24, a price-to-earnings-growth ratio of 1.00 and a beta of 1.74. Toll Brothers, Inc. has a 12-month low of $95.46 and a 12-month high of $169.52. The company has a current ratio of 4.92, a quick ratio of 0.57 and a debt-to-equity ratio of 0.37.

Toll Brothers (NYSE:TOL) last released its quarterly earnings results on Monday, December 9th. The construction company reported $4.63 earnings per share for the quarter, topping analysts’ consensus estimates of $4.34 by $0.29. The company had revenue of $3.33 billion during the quarter, compared to analysts’ expectations of $3.17 billion. Toll Brothers had a return on equity of 19.64% and a net margin of 14.48%. Toll Brothers’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.11 EPS. Sell-side analysts forecast that Toll Brothers, Inc. will post 14.57 earnings per share for the current year.

Toll Brothers Announces Dividend

The business also recently announced 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 0.74%. Toll Brothers’s dividend payout ratio (DPR) is 6.12%.

Analyst Ratings Changes

A number of brokerages have commented on TOL. Evercore ISI lifted their price objective on shares of Toll Brothers from $181.00 to $184.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. Oppenheimer reaffirmed an “outperform” rating and issued a $189.00 price objective on shares of Toll Brothers in a research report on Thursday, December 12th. Bank of America boosted their price target on Toll Brothers from $160.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, September 19th. Wedbush restated an “outperform” rating and issued a $175.00 price objective on shares of Toll Brothers in a report on Wednesday, December 11th. Finally, Wells Fargo & Company upped their price objective on shares of Toll Brothers from $163.00 to $170.00 and gave the stock an “overweight” rating in a research note on Friday, September 27th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $158.07.

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.