Toll Brothers (NYSE:TOL) Raised to Hold at StockNews.com

Toll Brothers (NYSE:TOL) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a report issued on Tuesday.

A number of other equities research analysts have also recently commented on TOL. The Goldman Sachs Group decreased their price target on Toll Brothers from $143.00 to $125.00 and set a “neutral” rating for the company in a research note on Thursday, February 20th. UBS Group dropped their target price on shares of Toll Brothers from $185.00 to $183.00 and set a “buy” rating on the stock in a research report on Thursday, February 20th. Seaport Res Ptn raised shares of Toll Brothers from a “strong sell” rating to a “hold” rating in a report on Monday, January 27th. Keefe, Bruyette & Woods cut their target price on Toll Brothers from $164.00 to $132.00 and set a “market perform” rating on the stock in a research report on Tuesday, February 25th. Finally, Evercore ISI boosted their price target on Toll Brothers from $181.00 to $184.00 and gave the company an “outperform” rating in a research note on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Toll Brothers currently has an average rating of “Moderate Buy” and an average target price of $147.57.

Toll Brothers Stock Down 0.2 %

Shares of NYSE TOL opened at $106.60 on Tuesday. Toll Brothers has a 12-month low of $105.32 and a 12-month high of $169.52. The stock’s fifty day simple moving average is $123.99 and its two-hundred day simple moving average is $139.34. The stock has a market capitalization of $10.60 billion, a PE ratio of 7.34, a price-to-earnings-growth ratio of 1.02 and a beta of 1.77. The company has a current ratio of 4.65, a quick ratio of 0.80 and a debt-to-equity ratio of 0.35.

Toll Brothers (NYSE:TOL) last announced its earnings results on Tuesday, February 18th. The construction company reported $1.75 earnings per share for the quarter, missing the consensus estimate of $1.99 by ($0.24). The firm had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.91 billion. Toll Brothers had a net margin of 14.03% and a return on equity of 18.32%. As a group, analysts expect that Toll Brothers will post 13.83 EPS for the current fiscal year.

Insider Transactions at Toll Brothers

In other news, Director Paul E. Shapiro sold 3,837 shares of the company’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $134.14, for a total value of $514,695.18. Following the transaction, the director now owns 119,937 shares of the company’s stock, valued at $16,088,349.18. This represents a 3.10 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Christine Garvey sold 204 shares of the stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $125.78, for a total transaction of $25,659.12. Following the sale, the director now directly owns 7,728 shares in the company, valued at $972,027.84. This represents a 2.57 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 15,622 shares of company stock valued at $1,993,880 over the last ninety days. Insiders own 1.54% of the company’s stock.

Institutional Investors Weigh In On Toll Brothers

Hedge funds and other institutional investors have recently modified their holdings of the company. Old North State Trust LLC increased its holdings in shares of Toll Brothers by 150.7% in the 4th quarter. Old North State Trust LLC now owns 5,186 shares of the construction company’s stock valued at $653,000 after acquiring an additional 3,117 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Toll Brothers in the fourth quarter valued at approximately $6,289,000. Jefferies Financial Group Inc. increased its stake in Toll Brothers by 59.4% in the fourth quarter. Jefferies Financial Group Inc. now owns 7,790 shares of the construction company’s stock valued at $981,000 after purchasing an additional 2,903 shares during the last quarter. Challenger Wealth Management acquired a new stake in Toll Brothers during the fourth quarter worth approximately $327,000. Finally, Peak Retirement Planning Inc. purchased a new stake in shares of Toll Brothers during the 4th quarter worth approximately $771,000. 91.76% of the stock is currently owned by institutional investors and hedge funds.

Toll Brothers Company Profile

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.