Farringdon Capital Ltd. Invests $469,000 in Toll Brothers, Inc. (NYSE:TOL)

Farringdon Capital Ltd. bought a new position in Toll Brothers, Inc. (NYSE:TOL - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 3,721 shares of the construction company's stock, valued at approximately $469,000.

A number of other institutional investors have also made changes to their positions in TOL. Smartleaf Asset Management LLC raised its holdings in shares of Toll Brothers by 34.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 293 shares of the construction company's stock worth $37,000 after purchasing an additional 75 shares during the period. Nilsine Partners LLC lifted its stake in shares of Toll Brothers by 0.5% in the 4th quarter. Nilsine Partners LLC now owns 19,319 shares of the construction company's stock worth $2,433,000 after acquiring an additional 88 shares during the period. Insigneo Advisory Services LLC increased its stake in shares of Toll Brothers by 4.7% during the fourth quarter. Insigneo Advisory Services LLC now owns 1,990 shares of the construction company's stock valued at $251,000 after acquiring an additional 89 shares during the period. Versant Capital Management Inc lifted its position in Toll Brothers by 15.1% in the fourth quarter. Versant Capital Management Inc now owns 700 shares of the construction company's stock worth $88,000 after purchasing an additional 92 shares during the period. Finally, Peapack Gladstone Financial Corp raised its stake in shares of Toll Brothers by 5.9% in the 4th quarter. Peapack Gladstone Financial Corp now owns 1,800 shares of the construction company's stock worth $227,000 after buying an additional 100 shares in the last quarter. 91.76% of the stock is currently owned by institutional investors.

Toll Brothers Stock Performance

Shares of Toll Brothers stock traded up $1.70 during trading on Wednesday, reaching $99.17. The company's stock had a trading volume of 892,624 shares, compared to its average volume of 1,533,376. Toll Brothers, Inc. has a one year low of $86.67 and a one year high of $169.52. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.80 and a current ratio of 4.65. The firm has a market cap of $9.91 billion, a price-to-earnings ratio of 6.83, a price-to-earnings-growth ratio of 1.02 and a beta of 1.48. The business's fifty day moving average price is $105.04 and its 200-day moving average price is $129.33.

Toll Brothers (NYSE:TOL - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The construction company reported $1.75 EPS for the quarter, missing analysts' consensus estimates 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, equities research analysts predict that Toll Brothers, Inc. will post 13.83 earnings per share for the current year.

Toll Brothers Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be paid a $0.25 dividend. This is a boost from Toll Brothers's previous quarterly dividend of $0.23. This represents a $1.00 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend is Friday, April 11th. Toll Brothers's dividend payout ratio (DPR) is 6.88%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Citigroup cut their target price on shares of Toll Brothers from $155.00 to $137.00 and set a "neutral" rating for the company in a research note on Monday, January 6th. StockNews.com raised shares of Toll Brothers from a "sell" rating to a "hold" rating in a research report on Saturday, April 5th. The Goldman Sachs Group lowered their price objective on shares of Toll Brothers from $143.00 to $125.00 and set a "neutral" rating on the stock in a research report on Thursday, February 20th. Barclays dropped their price target on Toll Brothers from $101.00 to $92.00 and set an "underweight" rating on the stock in a research report on Tuesday, April 8th. Finally, Royal Bank of Canada reduced their price target on shares of Toll Brothers from $142.00 to $139.00 and set an "outperform" rating for the company in a research report on Thursday, February 20th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $144.79.

Insider Activity

In related news, Director Christine Garvey sold 420 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $110.58, for a total transaction of $46,443.60. Following the completion of the sale, the director now directly owns 13,186 shares of the company's stock, valued at approximately $1,458,107.88. This represents a 3.09 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.54% of the stock is currently owned by insiders.

Toll Brothers 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.