Janus Henderson Group PLC Has $40.35 Million Position in Toll Brothers, Inc. (NYSE:TOL)

Janus Henderson Group PLC grew its stake in shares of Toll Brothers, Inc. (NYSE:TOL - Free Report) by 5.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 320,329 shares of the construction company's stock after acquiring an additional 17,682 shares during the period. Janus Henderson Group PLC owned about 0.32% of Toll Brothers worth $40,345,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Lee Danner & Bass Inc. purchased a new stake in shares of Toll Brothers in the fourth quarter valued at $27,000. Promus Capital LLC purchased a new stake in shares of Toll Brothers in the fourth quarter valued at $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 shares of Toll Brothers by 806.5% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 281 shares of the construction company's stock valued at $35,000 after purchasing an additional 250 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Toll Brothers by 34.4% in the fourth 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 in the last quarter. Institutional investors and hedge funds own 91.76% of the company's stock.

Toll Brothers Stock Up 0.6%

Shares of NYSE TOL traded up $0.63 during mid-day trading on Friday, reaching $107.01. The company had a trading volume of 1,465,142 shares, compared to its average volume of 1,552,216. Toll Brothers, Inc. has a twelve month low of $86.67 and a twelve month 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 stock has a market capitalization of $10.69 billion, a PE ratio of 7.36, a price-to-earnings-growth ratio of 1.02 and a beta of 1.45. The stock's 50 day moving average is $101.56 and its 200-day moving average is $123.29.

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

Toll Brothers Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Friday, April 11th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.93%. This is an increase from Toll Brothers's previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Friday, April 11th. Toll Brothers's dividend payout ratio is presently 6.88%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on TOL. StockNews.com upgraded Toll Brothers from a "sell" rating to a "hold" rating in a report on Wednesday. Wells Fargo & Company reduced their target price on Toll Brothers from $150.00 to $120.00 and set an "overweight" rating for the company in a report on Monday, April 14th. The Goldman Sachs Group reduced their target price on Toll Brothers from $143.00 to $125.00 and set a "neutral" rating for the company in a report on Thursday, February 20th. Royal Bank of Canada reduced their target price on Toll Brothers from $139.00 to $133.00 and set an "outperform" rating for the company in a report on Friday. Finally, Keefe, Bruyette & Woods dropped their price target on shares of Toll Brothers from $164.00 to $132.00 and set a "market perform" rating on the stock in a research note on Tuesday, February 25th. One 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. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $143.64.

Insiders Place Their Bets

In other Toll Brothers news, Director Christine Garvey sold 420 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of $110.58, for a total transaction of $46,443.60. Following the transaction, the director now directly owns 13,186 shares of the company's stock, valued at $1,458,107.88. This represents a 3.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 1.54% of the company's stock.

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.