Twinbeech Capital LP Makes New $950,000 Investment in Toll Brothers, Inc. (NYSE:TOL)

Twinbeech Capital LP bought a new stake in Toll Brothers, Inc. (NYSE:TOL - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 7,544 shares of the construction company's stock, valued at approximately $950,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Lee Danner & Bass Inc. acquired a new stake in shares of Toll Brothers in the fourth quarter valued at about $27,000. Promus Capital LLC bought a new position in shares of Toll Brothers in the fourth quarter valued at approximately $29,000. IAG Wealth Partners LLC lifted its holdings in shares of Toll Brothers by 1,034.8% in the fourth 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 in the last quarter. DiNuzzo Private Wealth Inc. lifted its holdings in Toll Brothers by 806.5% during the fourth quarter. DiNuzzo Private Wealth Inc. now owns 281 shares of the construction company's stock worth $35,000 after acquiring an additional 250 shares during the period. Finally, Smartleaf Asset Management LLC lifted its holdings in 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 acquiring an additional 75 shares during the period. Institutional investors and hedge funds own 91.76% of the company's stock.

Analyst Upgrades and Downgrades

TOL has been the topic of a number of recent analyst reports. The Goldman Sachs Group dropped their price target on Toll Brothers from $143.00 to $125.00 and set a "neutral" rating on the stock in a report on Thursday, February 20th. Wedbush reiterated an "outperform" rating on shares of Toll Brothers in a report on Tuesday, May 20th. Oppenheimer lowered their target price on Toll Brothers from $165.00 to $155.00 and set an "outperform" rating on the stock in a research note on Thursday, May 15th. Wall Street Zen upgraded Toll Brothers from a "sell" rating to a "hold" rating in a research note on Wednesday, May 14th. Finally, Evercore ISI restated an "outperform" rating and issued a $169.00 target price (up from $167.00) on shares of Toll Brothers in a research note on Thursday, May 22nd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Toll Brothers has an average rating of "Moderate Buy" and an average target price of $141.36.

Toll Brothers Stock Performance

Shares of NYSE:TOL traded up $2.56 during midday trading on Tuesday, reaching $106.82. 468,689 shares of the company traded hands, compared to its average volume of 1,833,907. The company has a quick ratio of 0.80, a current ratio of 4.65 and a debt-to-equity ratio of 0.35. Toll Brothers, Inc. has a 12 month low of $86.67 and a 12 month high of $169.52. The firm has a market capitalization of $10.67 billion, a price-to-earnings ratio of 7.35, a price-to-earnings-growth ratio of 1.02 and a beta of 1.45. The firm's fifty day moving average price is $101.44 and its two-hundred day moving average price is $121.14.

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

Toll Brothers Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Friday, April 11th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.94%. This is a positive change from Toll Brothers's previous quarterly dividend of $0.23. The ex-dividend date was Friday, April 11th. Toll Brothers's payout ratio is presently 7.42%.

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.