Toll Brothers, Inc. (NYSE:TOL) Holdings Decreased by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. trimmed its position in Toll Brothers, Inc. (NYSE:TOL - Free Report) by 68.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 92,545 shares of the construction company's stock after selling 200,465 shares during the quarter. Vaughan Nelson Investment Management L.P. owned approximately 0.09% of Toll Brothers worth $9,771,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in TOL. Lee Danner & Bass Inc. acquired a new position in Toll Brothers during the 4th quarter valued at approximately $27,000. Promus Capital LLC acquired a new position in Toll Brothers during the 4th quarter valued at approximately $29,000. IAG Wealth Partners LLC boosted its position in Toll Brothers by 1,034.8% during the 4th quarter. IAG Wealth Partners LLC now owns 261 shares of the construction company's stock valued at $33,000 after purchasing an additional 238 shares during the period. Smartleaf Asset Management LLC boosted its position in Toll Brothers by 34.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 293 shares of the construction company's stock valued at $37,000 after purchasing an additional 75 shares during the period. Finally, Quarry LP boosted its position in Toll Brothers by 1,035.7% during the 4th quarter. Quarry LP now owns 318 shares of the construction company's stock valued at $40,000 after purchasing an additional 290 shares during the period. 91.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on TOL shares. UBS Group restated a "buy" rating on shares of Toll Brothers in a research report on Tuesday, May 20th. Royal Bank of Canada reduced their price target on Toll Brothers from $139.00 to $133.00 and set an "outperform" rating for the company in a research report on Friday, May 16th. Bank of America reduced their price target on Toll Brothers from $156.00 to $140.00 and set a "buy" rating for the company in a research report on Thursday, February 20th. Raymond James reiterated a "strong-buy" rating and set a $130.00 price target (down previously from $145.00) on shares of Toll Brothers in a research report on Friday, May 23rd. Finally, Oppenheimer reduced their price target on Toll Brothers from $165.00 to $155.00 and set an "outperform" rating for the company in a research report on Thursday, May 15th. One analyst has rated the stock with a sell rating, six have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $141.08.

Toll Brothers Trading Down 2.8%

Shares of Toll Brothers stock opened at $107.48 on Monday. The company has a quick ratio of 0.80, a current ratio of 4.65 and a debt-to-equity ratio of 0.35. The firm has a market cap of $10.55 billion, a price-to-earnings ratio of 7.40, a price-to-earnings-growth ratio of 1.02 and a beta of 1.35. The business has a fifty day simple moving average of $102.29 and a 200-day simple moving average of $116.30. Toll Brothers, Inc. has a fifty-two week low of $86.67 and a fifty-two week high of $169.52.

Toll Brothers (NYSE:TOL - Get Free Report) last announced its quarterly earnings data on Tuesday, May 20th. The construction company reported $3.50 earnings per share for the quarter, beating the consensus estimate of $2.86 by $0.64. The business had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.50 billion. Toll Brothers had a return on equity of 18.32% and a net margin of 14.03%. The company's revenue was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.38 earnings per share. On average, equities analysts forecast that Toll Brothers, Inc. will post 13.83 EPS for the current fiscal year.

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.

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