436,117 Shares in Toll Brothers, Inc. (NYSE:TOL) Purchased by Junto Capital Management LP

Junto Capital Management LP acquired a new position in shares of Toll Brothers, Inc. (NYSE:TOL - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 436,117 shares of the construction company's stock, valued at approximately $54,929,000. Junto Capital Management LP owned approximately 0.44% of Toll Brothers as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in TOL. Smartleaf Asset Management LLC increased its stake in shares of Toll Brothers by 34.4% during the 4th 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 last quarter. Nilsine Partners LLC increased its position in Toll Brothers by 0.5% during the fourth quarter. Nilsine Partners LLC now owns 19,319 shares of the construction company's stock worth $2,433,000 after buying an additional 88 shares during the last quarter. Insigneo Advisory Services LLC raised its stake in Toll Brothers by 4.7% in the fourth quarter. Insigneo Advisory Services LLC now owns 1,990 shares of the construction company's stock valued at $251,000 after buying an additional 89 shares during the period. Peapack Gladstone Financial Corp lifted its position in shares of Toll Brothers by 5.9% in the fourth quarter. Peapack Gladstone Financial Corp now owns 1,800 shares of the construction company's stock valued at $227,000 after buying an additional 100 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of Toll Brothers by 1.7% during the 4th quarter. NewEdge Advisors LLC now owns 6,051 shares of the construction company's stock worth $762,000 after acquiring an additional 100 shares during the period. 91.76% of the stock is owned by institutional investors.

Toll Brothers Trading Down 1.5%

Toll Brothers stock traded down $1.62 during mid-day trading on Wednesday, hitting $107.74. 111,918 shares of the stock were exchanged, compared to its average volume of 1,781,022. The stock has a market capitalization of $10.76 billion, a price-to-earnings ratio of 7.42, a PEG 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, Inc. has a 12 month low of $86.67 and a 12 month high of $169.52. The firm's fifty day simple moving average is $101.66 and its two-hundred day simple moving average is $124.18.

Toll Brothers (NYSE:TOL - Get Free Report) last issued 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 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%. Analysts forecast that Toll Brothers, Inc. will post 13.83 EPS for the current year.

Toll Brothers Increases Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on TOL shares. Wells Fargo & Company dropped their price target on Toll Brothers from $150.00 to $120.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. Wedbush restated an "outperform" rating and set a $175.00 target price on shares of Toll Brothers in a research note on Friday, February 14th. Bank of America lowered their price target on shares of Toll Brothers from $156.00 to $140.00 and set a "buy" rating on the stock in a report on Thursday, February 20th. UBS Group decreased their target price on Toll Brothers from $185.00 to $183.00 and set a "buy" rating on the stock in a research report on Thursday, February 20th. Finally, Barclays dropped their price target on Toll Brothers from $101.00 to $92.00 and set an "underweight" rating for the company in a report on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $144.79.

Insider Activity at Toll Brothers

In other Toll Brothers news, Director Christine Garvey sold 420 shares of the firm's stock in a transaction dated Monday, February 24th. The stock was 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 owns 13,186 shares in the company, valued at $1,458,107.88. This trade represents a 3.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.54% of the stock is owned by company insiders.

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.