Toll Brothers, Inc. (NYSE:TOL) Position Lifted by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. boosted its stake in shares of Toll Brothers, Inc. (NYSE:TOL - Free Report) by 59.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,790 shares of the construction company's stock after buying an additional 2,903 shares during the quarter. Jefferies Financial Group Inc.'s holdings in Toll Brothers were worth $981,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the company. Barclays PLC grew its holdings in shares of Toll Brothers by 3.9% in the 3rd quarter. Barclays PLC now owns 233,681 shares of the construction company's stock worth $36,103,000 after acquiring an additional 8,794 shares during the period. Sovereign Financial Group Inc. grew its holdings in shares of Toll Brothers by 16.5% in the 4th quarter. Sovereign Financial Group Inc. now owns 2,296 shares of the construction company's stock worth $289,000 after acquiring an additional 325 shares during the period. Park Avenue Securities LLC grew its holdings in shares of Toll Brothers by 7.3% in the 4th quarter. Park Avenue Securities LLC now owns 2,147 shares of the construction company's stock worth $270,000 after acquiring an additional 146 shares during the period. Beech Hill Advisors Inc. acquired a new stake in shares of Toll Brothers in the 4th quarter worth approximately $1,944,000. Finally, Hennessy Advisors Inc. lifted its holdings in shares of Toll Brothers by 6.8% in the fourth quarter. Hennessy Advisors Inc. now owns 78,900 shares of the construction company's stock valued at $9,937,000 after purchasing an additional 5,000 shares in the last quarter. Hedge funds and other institutional investors own 91.76% of the company's stock.

Insider Activity

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

Toll Brothers Trading Up 0.6%

Shares of Toll Brothers stock traded up $0.63 during trading hours on Friday, hitting $107.01. The company's stock had a trading volume of 1,465,142 shares, compared to its average volume of 1,552,216. Toll Brothers, Inc. has a 1-year low of $86.67 and a 1-year high of $169.52. The business has a fifty day moving average of $101.56 and a 200 day moving average of $123.29. The company has a market capitalization of $10.69 billion, a PE ratio of 7.36, a P/E/G ratio of 1.02 and a beta of 1.45. 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 (NYSE:TOL - Get Free Report) 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 analysts' expectations 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 analysts forecast that Toll Brothers, Inc. will post 13.83 EPS for the current year.

Toll Brothers Increases Dividend

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

Analysts Set New Price Targets

TOL has been the topic of several recent research reports. Keefe, Bruyette & Woods reduced 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 report on Tuesday, February 25th. Seaport Res Ptn upgraded shares of Toll Brothers from a "strong sell" rating to a "hold" rating in a report on Monday, January 27th. Oppenheimer decreased their price target on shares of Toll Brothers from $165.00 to $155.00 and set an "outperform" rating on the stock in a report on Thursday. Wedbush reiterated an "outperform" rating and issued a $175.00 price target on shares of Toll Brothers in a report on Thursday. Finally, Barclays decreased their price target on shares of Toll Brothers from $101.00 to $92.00 and set an "underweight" rating on the stock in a report on Tuesday, April 8th. One analyst has rated the stock with a sell rating, six have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Toll Brothers currently has a consensus rating of "Moderate Buy" and an average price target of $143.64.

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.